Qualcomm Incorporated $QCOM Shares Sold by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors reduced its Qualcomm stake by 2.5%, selling 6,961 shares and retaining 275,465 shares valued at approximately $50.7 million. Institutional investors collectively own 74.35% of Qualcomm.
• Qualcomm shares traded around $175.71, up 1.3%, while the company’s latest quarterly results showed $9.95 billion in revenue but adjusted EPS of $2.21, slightly below analyst expectations.
• Analyst sentiment remains mixed: Qualcomm has a consensus “Hold” rating and an average price target of $204.97, while recent insider sales totaled 33,458 shares worth about $6.2 million.

Nisa Investment Advisors LLC trimmed its holdings in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 2.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 275,465 shares of the wireless technology company's stock after selling 6,961 shares during the period. Nisa Investment Advisors LLC's holdings in Qualcomm were worth $50,697,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Baxter Bros Inc. acquired a new position in Qualcomm in the 2nd quarter valued at about $17,844,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Qualcomm during the 2nd quarter worth approximately $28,068,000. Tensor Edge Capital LLC acquired a new stake in shares of Qualcomm during the 2nd quarter worth approximately $147,315,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Qualcomm by 8.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 48,184 shares of the wireless technology company's stock worth $8,904,000 after buying an additional 3,746 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Qualcomm during the 2nd quarter valued at approximately $16,347,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Heather Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the transaction, the executive vice president owned 36,535 shares of the company's stock, valued at approximately $5,372,106.40. This trade represents a 8.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Grech sold 625 shares of Qualcomm stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $162.85, for a total transaction of $101,781.25. Following the completion of the sale, the chief accounting officer owned 208 shares of the company's stock, valued at $33,872.80. This trade represents a 75.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 33,458 shares of company stock worth $6,198,144 in the last three months. 0.05% of the stock is currently owned by corporate insiders.

Qualcomm Trading Up 1.3%

Shares of QCOM stock 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 firm has a market cap of $187.63 billion, a PE ratio of 20.34, a price-to-earnings-growth ratio of 3.91 and a beta of 1.65. The company has a 50-day moving average of $175.51 and a two-hundred day moving average of $180.35. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92.

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

Trending Headlines about Qualcomm

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.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on QCOM shares. Royal Bank Of Canada upped their price objective on Qualcomm from $160.00 to $180.00 and gave the company a "sector perform" rating in a report on Wednesday, September 9th. Freedom Capital upgraded Qualcomm from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 7th. Barclays reissued an "underweight" rating on shares of Qualcomm in a research note on Wednesday, September 9th. Oppenheimer set a $200.00 target price on Qualcomm in a research report on Monday, July 27th. Finally, Monness Crespi & Hardt upgraded Qualcomm to a "buy" rating in a research report on Thursday, June 25th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $204.97.

Qualcomm Company 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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