QUALCOMM Incorporated $QCOM Shares Sold by Aspiriant LLC

Key Points

• Aspiriant LLC has reduced its stake in QUALCOMM by 12.5%, selling 1,823 shares during the second quarter, with its holdings now valued at $2,035,000.
• Several institutional investors, including Vanguard Group and Kingstone Capital Partners, have significantly increased their holdings in QUALCOMM, indicating ongoing interest in the stock.
• QUALCOMM announced a quarterly dividend of $0.89 per share, to be paid on December 18th, representing a 2.2% yield based on current valuations.

Aspiriant LLC reduced its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 12.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,779 shares of the wireless technology company's stock after selling 1,823 shares during the period. Aspiriant LLC's holdings in QUALCOMM were worth $2,035,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of QUALCOMM by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 114,368,470 shares of the wireless technology company's stock worth $17,568,141,000 after purchasing an additional 638,284 shares during the last quarter. Kingstone Capital Partners Texas LLC boosted its holdings in shares of QUALCOMM by 656,661.0% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company's stock worth $9,360,274,000 after purchasing an additional 58,764,593 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of QUALCOMM by 6.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 10,422,341 shares of the wireless technology company's stock worth $1,600,976,000 after purchasing an additional 641,654 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of QUALCOMM by 2.2% during the 1st quarter. Invesco Ltd. now owns 9,846,093 shares of the wireless technology company's stock worth $1,512,458,000 after purchasing an additional 215,900 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of QUALCOMM by 5.3% during the 1st quarter. Ameriprise Financial Inc. now owns 9,389,620 shares of the wireless technology company's stock worth $1,441,847,000 after purchasing an additional 471,648 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other QUALCOMM news, CAO Patricia Y. Grech sold 201 shares of the business's stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $170.00, for a total value of $34,170.00. Following the sale, the chief accounting officer owned 203 shares of the company's stock, valued at $34,510. The trade was a 49.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Neil Martin sold 791 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the sale, the chief accounting officer directly owned 1,106 shares in the company, valued at approximately $171,230.92. The trade was a 41.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 159,767 shares of company stock valued at $26,322,745 over the last quarter. 0.08% of the stock is owned by corporate insiders.

QUALCOMM Stock Down 0.4%

Shares of NASDAQ QCOM opened at $163.45 on Friday. The firm has a market cap of $176.36 billion, a price-to-earnings ratio of 15.76, a PEG ratio of 2.39 and a beta of 1.23. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $182.10. The business's 50 day moving average is $162.00 and its two-hundred day moving average is $153.74.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.71 by $0.06. The company had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm's quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.33 earnings per share. 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 year.

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be given a $0.89 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.2%. QUALCOMM's payout ratio is presently 34.33%.

Analyst Upgrades and Downgrades

QCOM has been the topic of several recent research reports. Citigroup restated a "hold" rating on shares of QUALCOMM in a report on Thursday, July 17th. Rosenblatt Securities reaffirmed a "buy" rating and set a $225.00 price target on shares of QUALCOMM in a research report on Thursday, July 31st. Mizuho reduced their price target on shares of QUALCOMM from $190.00 to $185.00 and set an "outperform" rating on the stock in a research report on Thursday, July 31st. Sanford C. Bernstein set a $185.00 price target on shares of QUALCOMM and gave the company an "outperform" rating in a research report on Monday, July 28th. Finally, Piper Sandler reduced their price target on shares of QUALCOMM from $190.00 to $175.00 and set an "overweight" rating on the stock in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $182.82.

About QUALCOMM

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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