Qualcomm Incorporated $QCOM Shares Bought by Diversify Advisory Services LLC

Key Points

• Diversify Advisory Services increased its Qualcomm stake by 20.4% in the third quarter, reaching 90,259 shares valued at approximately $16.1 million. Institutional investors collectively own 74.35% of Qualcomm.
• Qualcomm insiders sold 33,458 shares worth about $6.2 million during the quarter, including sales by CEO Cristiano Amon and EVP Ann Chaplin under pre-arranged Rule 10b5-1 plans.
• The company reported quarterly revenue of $9.95 billion, above expectations, but EPS of $2.21 slightly missed estimates and revenue declined 4% year over year. Analysts maintain a consensus “Hold” rating with an average price target of $204.97.

Diversify Advisory Services LLC raised its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 20.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 90,259 shares of the wireless technology company's stock after purchasing an additional 15,287 shares during the period. Diversify Advisory Services LLC's holdings in Qualcomm were worth $16,102,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Petredis Investment Advisors LLC boosted its position in Qualcomm by 1.4% during the 3rd quarter. Petredis Investment Advisors LLC now owns 15,296 shares of the wireless technology company's stock valued at $2,815,000 after acquiring an additional 209 shares in the last quarter. Rare Wolf Capital LLC raised its position in shares of Qualcomm by 14.2% in the 3rd quarter. Rare Wolf Capital LLC now owns 2,409 shares of the wireless technology company's stock worth $443,000 after acquiring an additional 300 shares in the last quarter. AMI Asset Management Corp raised its position in shares of Qualcomm by 0.8% in the 3rd quarter. AMI Asset Management Corp now owns 8,051 shares of the wireless technology company's stock worth $1,482,000 after acquiring an additional 64 shares in the last quarter. Robinson Value Management Ltd. lifted its stake in shares of Qualcomm by 40.5% during the 3rd quarter. Robinson Value Management Ltd. now owns 34,184 shares of the wireless technology company's stock worth $6,291,000 after purchasing an additional 9,858 shares during the last quarter. Finally, DUTCH ASSET Corp lifted its stake in shares of Qualcomm by 8.8% during the 3rd quarter. DUTCH ASSET Corp now owns 2,467 shares of the wireless technology company's stock worth $454,000 after purchasing an additional 199 shares during the last quarter. Institutional investors own 74.35% of the company's stock.

Insider Buying and Selling at Qualcomm

In other news, EVP Ann Chaplin sold 1,827 shares of the stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $174.75, for a total value of $319,268.25. Following the transaction, the executive vice president directly owned 25,770 shares of the company's stock, valued at approximately $4,503,307.50. This represents a 6.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano Amon sold 10,000 shares of the firm's stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $200.00, for a total value of $2,000,000.00. Following the completion of the transaction, the chief executive officer owned 177,568 shares of the company's stock, valued at approximately $35,513,600. The trade was a 5.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 33,458 shares of company stock worth $6,198,144. 0.05% of the stock is owned by corporate insiders.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: TD Cowen raised its price target to $200 from $175 and upgraded Qualcomm to “Buy,” implying meaningful upside from recent trading levels and signaling greater confidence in the company’s valuation and outlook.
• Positive Sentiment: Qualcomm’s planned acquisition of PickNik Robotics could strengthen its physical-AI strategy. The deal may expand the Dragonwing platform, improve Qualcomm’s position in industrial robotics and create longer-term growth opportunities beyond smartphones. Can Qualcomm’s PickNik Acquisition Strengthen Its Robotics Edge?
• Positive Sentiment: Reported global job cuts may improve efficiency and margins as CEO Cristiano Amon emphasizes performance and operating discipline. Investors may view the restructuring as a way to control expenses and redirect resources toward higher-growth businesses. Qualcomm to Cut Jobs Worldwide in Performance-Focused Layoffs
• Neutral Sentiment: Qualcomm recently closed at $176.31 and outperformed the broader market during the session, reflecting favorable near-term sentiment, although this move was not tied to a new earnings release.
• Neutral Sentiment: Qualcomm rejected reports concerning Snapdragon overheating tied to the Galaxy S27 Ultra. The response may limit reputational and customer-retention concerns, but the issue could remain a product-risk overhang if additional evidence emerges. Qualcomm Pushes Back on Snapdragon Overheating Reports
• Negative Sentiment: Global layoffs also highlight pressure to improve performance. Potential disruption, severance expenses and uncertainty about the scale and timing of the cuts could weigh on employee morale and execution. Qualcomm Reportedly to Cut Jobs Globally Following Performance Reviews
• Negative Sentiment: Recent ETF selling and sustained insider selling add technical and sentiment risks. Qualcomm insiders reportedly recorded open-market sales without purchases over the past six months, while ETFs were net sellers on October 15.

Qualcomm Price Performance

NASDAQ QCOM opened at $175.71 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The stock's fifty day moving average price is $175.51 and its 200 day moving average price is $180.35. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The company has a market cap of $187.63 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 3.91 and a beta of 1.65.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%. The firm had revenue of $9.95 billion during the quarter, compared to analysts' expectations of $9.69 billion. During the same quarter last year, the business earned $2.77 EPS. The business's revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, equities research analysts forecast that Qualcomm Incorporated will post 7.74 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Robert W. Baird set a $400.00 price objective on Qualcomm in a research report on Thursday, July 30th. The Goldman Sachs Group set a $160.00 price target on shares of Qualcomm in a research report on Thursday, July 30th. DZ Bank upgraded shares of Qualcomm from a "hold" rating to a "buy" rating and set a $265.00 price target on the stock in a report on Friday, June 26th. Morgan Stanley cut their price objective on shares of Qualcomm from $231.00 to $220.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 30th. Finally, Zacks Research downgraded shares of Qualcomm from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have assigned a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, Qualcomm has an average rating of "Hold" and a consensus price target of $204.97.

Qualcomm Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.

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