QUALCOMM Incorporated $QCOM Shares Sold by APG Asset Management US Inc.

Key Points

• APG Asset Management US Inc. reduced its stake in QUALCOMM by 9.0% during the first quarter, after selling 3,146 shares, leaving them with a total of 31,922 shares valued at approximately $4.89 million.
• In contrast, several other investors notably increased their positions in QUALCOMM, with AlphaQuest LLC boosting its stake by 37.7%, among other increases from firms like Allstate Corp and Compound Planning Inc.
• QUALCOMM reported earnings of $2.77 EPS for the last quarter, surpassing analyst expectations, while setting guidance for Q4 2025 between 2.750-2.950 EPS.

APG Asset Management US Inc. decreased its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 9.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,922 shares of the wireless technology company's stock after selling 3,146 shares during the quarter. APG Asset Management US Inc.'s holdings in QUALCOMM were worth $4,886,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in QCOM. AlphaQuest LLC grew its position in shares of QUALCOMM by 37.7% during the first quarter. AlphaQuest LLC now owns 13,717 shares of the wireless technology company's stock worth $2,107,000 after buying an additional 3,756 shares in the last quarter. Strategies Wealth Advisors LLC acquired a new stake in shares of QUALCOMM in the 1st quarter valued at $453,000. Allstate Corp boosted its holdings in shares of QUALCOMM by 23.9% in the 1st quarter. Allstate Corp now owns 40,778 shares of the wireless technology company's stock valued at $6,264,000 after buying an additional 7,869 shares in the last quarter. Mccarter Private Wealth Services LLC boosted its holdings in shares of QUALCOMM by 15.1% in the 1st quarter. Mccarter Private Wealth Services LLC now owns 4,334 shares of the wireless technology company's stock valued at $666,000 after buying an additional 569 shares in the last quarter. Finally, Compound Planning Inc. increased its holdings in shares of QUALCOMM by 47.7% in the 1st quarter. Compound Planning Inc. now owns 7,146 shares of the wireless technology company's stock valued at $1,098,000 after acquiring an additional 2,307 shares during the period. 74.35% of the stock is currently owned by institutional investors and hedge funds.

QUALCOMM Stock Performance

QCOM opened at $158.01 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The company has a market capitalization of $170.49 billion, a price-to-earnings ratio of 15.24, a price-to-earnings-growth ratio of 2.25 and a beta of 1.23. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $182.10. The business has a 50 day moving average price of $155.64 and a two-hundred day moving average price of $153.20.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.71 by $0.06. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business had revenue of $10.37 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter in the prior year, the firm earned $2.33 EPS. The firm's quarterly revenue was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th will be paid a $0.89 dividend. The ex-dividend date is Thursday, September 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.3%. QUALCOMM's dividend payout ratio (DPR) is presently 34.33%.

Insider Activity at QUALCOMM

In related news, CAO Neil Martin sold 791 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the transaction, the chief accounting officer directly owned 1,106 shares in the company, valued at approximately $171,230.92. This represents a 41.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $146.40, for a total value of $234,240.00. Following the sale, the insider directly owned 21,193 shares of the company's stock, valued at $3,102,655.20. This represents a 7.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,390 shares of company stock worth $1,874,817. 0.08% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

QCOM has been the topic of a number of recent analyst reports. Robert W. Baird dropped their price objective on QUALCOMM from $250.00 to $216.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. Loop Capital cut their price target on QUALCOMM from $180.00 to $155.00 and set a "hold" rating for the company in a report on Thursday, May 1st. Evercore ISI decreased their price target on shares of QUALCOMM from $179.00 to $157.00 and set an "in-line" rating on the stock in a report on Friday, May 2nd. Wells Fargo & Company dropped their price objective on shares of QUALCOMM from $175.00 to $140.00 and set an "underweight" rating for the company in a research report on Thursday, May 1st. Finally, JPMorgan Chase & Co. increased their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an "overweight" rating in a research report on Monday, July 28th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, QUALCOMM has a consensus rating of "Hold" and an average target price of $181.10.

QUALCOMM Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

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