Qualcomm Incorporated $QCOM Shares Sold by Private Advisor Group LLC

Key Points

• Private Advisor Group trimmed its Qualcomm stake by 4.8%, selling 5,499 shares to end the quarter with 110,157 shares worth about $18.33 million, per its latest 13F filing.
• Company insiders have been net sellers recently — EVP Alexander Rogers sold 15,917 shares (~$2.83M) and EVP Heather Ace sold 3,200 shares (~$438K), with insiders offloading 45,501 shares (~$7.78M) over the last three months.
• Qualcomm posted quarterly EPS of $3.50 beating estimates and set Q2 guidance of $2.45–$2.65, declared a $0.89 quarterly dividend (2.6% yield), while analysts remain mixed with a consensus rating of "Hold" and a $168.48 average target.

Private Advisor Group LLC lessened its holdings in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 4.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 110,157 shares of the wireless technology company's stock after selling 5,499 shares during the period. Private Advisor Group LLC's holdings in Qualcomm were worth $18,326,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Harbor Capital Advisors Inc. raised its stake in shares of Qualcomm by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock valued at $26,000 after acquiring an additional 65 shares in the last quarter. Cloud Capital Management LLC purchased a new position in Qualcomm in the third quarter valued at $27,000. Winnow Wealth LLC acquired a new position in Qualcomm during the 2nd quarter worth $32,000. Lavaca Capital LLC purchased a new stake in Qualcomm during the 2nd quarter worth about $32,000. Finally, Howard Hughes Medical Institute purchased a new stake in Qualcomm during the 2nd quarter worth about $38,000. Institutional investors and hedge funds own 74.35% of the company's stock.

Insider Activity at Qualcomm

In other news, EVP Alexander H. Rogers sold 15,917 shares of the company's stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the transaction, the executive vice president owned 26,071 shares in the company, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the transaction, the executive vice president directly owned 16,393 shares in the company, valued at $2,245,841. This trade represents a 16.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 45,501 shares of company stock valued at $7,784,198. Company insiders own 0.05% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Piper Sandler reiterated an "overweight" rating and issued a $200.00 price objective on shares of Qualcomm in a research note on Thursday, February 5th. Susquehanna lowered shares of Qualcomm from a "positive" rating to a "neutral" rating and set a $140.00 target price on the stock. in a research note on Thursday, February 5th. Morgan Stanley assumed coverage on shares of Qualcomm in a report on Tuesday, February 10th. They issued an "underweight" rating and a $132.00 target price on the stock. Mizuho decreased their price target on shares of Qualcomm from $160.00 to $140.00 and set a "neutral" rating for the company in a research note on Thursday, February 5th. Finally, UBS Group reiterated a "neutral" rating on shares of Qualcomm in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $168.48.

Qualcomm Trading Up 1.8%

NASDAQ:QCOM opened at $138.11 on Tuesday. The stock has a 50-day simple moving average of $152.71 and a 200-day simple moving average of $163.11. The stock has a market cap of $147.36 billion, a P/E ratio of 28.54, a P/E/G ratio of 6.78 and a beta of 1.25. Qualcomm Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51.

Qualcomm (NASDAQ:QCOM - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating analysts' consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter in the prior year, the business posted $3.41 EPS. The business's revenue for the quarter was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, analysts anticipate that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, March 5th. Qualcomm's dividend payout ratio is currently 73.55%.

Qualcomm Company Profile

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.

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