Qualcomm Incorporated $QCOM Shares Sold by Sapient Capital LLC

Key Points

• Sapient Capital reduced its Qualcomm stake by 7.1%, selling 5,872 shares and retaining 76,757 shares valued at approximately $9.9 million. Institutional investors and hedge funds collectively own 74.35% of the company.
• Qualcomm reported quarterly revenue of $9.95 billion, above expectations, but adjusted EPS of $2.21 narrowly missed estimates and declined from $2.77 a year earlier. Automotive and IoT growth helped offset a 20% handset-revenue decline, while accelerating Apple-related weakness and margin pressure clouded the outlook.
• The stock has a consensus “Hold” rating with an average analyst price target of $203.63, versus a reported share price of $147.61. Qualcomm also announced a quarterly dividend of $0.92 per share, representing a 2.5% yield.

Sapient Capital LLC reduced its position in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 7.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,757 shares of the wireless technology company's stock after selling 5,872 shares during the quarter. Sapient Capital LLC's holdings in Qualcomm were worth $9,883,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Basepoint Wealth LLC grew its holdings in Qualcomm by 1.8% in the first quarter. Basepoint Wealth LLC now owns 3,333 shares of the wireless technology company's stock valued at $429,000 after purchasing an additional 59 shares during the period. Modern Wealth Management LLC raised its stake in shares of Qualcomm by 0.5% during the 1st quarter. Modern Wealth Management LLC now owns 13,704 shares of the wireless technology company's stock worth $1,744,000 after buying an additional 64 shares during the period. Dakota Community Bank & Trust NA raised its stake in shares of Qualcomm by 3.6% during the 4th quarter. Dakota Community Bank & Trust NA now owns 1,847 shares of the wireless technology company's stock worth $316,000 after buying an additional 65 shares during the period. S.A. Mason LLC lifted its position in shares of Qualcomm by 5.9% during the 4th quarter. S.A. Mason LLC now owns 1,192 shares of the wireless technology company's stock valued at $204,000 after buying an additional 66 shares in the last quarter. Finally, Marion Wealth Management lifted its position in shares of Qualcomm by 4.5% during the 4th quarter. Marion Wealth Management now owns 1,567 shares of the wireless technology company's stock valued at $244,000 after buying an additional 67 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s fiscal third-quarter revenue reached $9.95 billion, exceeding expectations, while Automotive and IoT growth offset weakness in handsets. Automotive revenue reached a record level, and management raised its automotive outlook to approximately $7 billion. QCOM Q2 Deep Dive: Data Center and Automotive Growth Offset Smartphone Headwinds
• Positive Sentiment: The company is expanding into AI, data centers and connected vehicles, targeting $40 billion in non-handset revenue by fiscal 2029. These initiatives could reduce Qualcomm’s dependence on smartphones and Apple over time. QCOM Q3 Earnings Call Highlights AI Expansion
• Positive Sentiment: Semiconductor-focused ETFs attracted substantial inflows this week as strong technology earnings improved sentiment across the chip sector, providing a supportive backdrop for Qualcomm and other semiconductor stocks. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
• Neutral Sentiment: Qualcomm’s next-quarter revenue outlook, with a midpoint of $10.1 billion, was slightly above analyst expectations. However, analysts remain divided: TD Cowen and Rosenblatt maintained buy ratings after reducing their price targets, while UBS, Susquehanna and Morgan Stanley also lowered targets amid increased risk concerns.
• Negative Sentiment: Adjusted third-quarter earnings of $2.21 per share narrowly missed consensus estimates and declined from $2.77 a year earlier. The company’s forecast for roughly $2.05–$2.25 in next-quarter EPS was viewed as weak, reflecting rising memory costs and margin pressure. Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast
• Negative Sentiment: Management warned that Apple-related revenue declines are accelerating as Apple expands its own modem capabilities. Handset revenue fell about 20%, raising concerns that near-term smartphone weakness will outweigh growth in Automotive, IoT and data-center businesses. Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate

Insiders Place Their Bets

In related news, CAO Patricia Y. Grech sold 829 shares of the company's stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the company's stock in a transaction dated Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total transaction of $452,025.00. Following the completion of the sale, the executive vice president directly owned 23,184 shares of the company's stock, valued at $4,191,899.04. This represents a 9.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,329 shares of company stock valued at $1,642,417 over the last ninety days. Corporate insiders own 0.05% of the company's stock.

Qualcomm Stock Performance

Shares of Qualcomm stock opened at $147.61 on Monday. 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 50 day simple moving average is $198.21 and its 200-day simple moving average is $167.60. The stock has a market cap of $154.99 billion, a P/E ratio of 17.08 and a beta of 1.65. 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 posted its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The company had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. During the same period in the prior year, the business posted $2.77 EPS. Qualcomm's revenue for the quarter was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts predict that Qualcomm Incorporated will post 7.89 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 2.5%. The ex-dividend date is Thursday, September 3rd. Qualcomm's dividend payout ratio is presently 42.59%.

Analysts Set New Price Targets

QCOM has been the topic of a number of research analyst reports. Cantor Fitzgerald dropped their price target on shares of Qualcomm from $200.00 to $165.00 and set a "neutral" rating on the stock in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $160.00 price objective on shares of Qualcomm in a research report on Thursday, April 30th. JPMorgan Chase & Co. lifted their target price on shares of Qualcomm from $160.00 to $265.00 and gave the company a "neutral" rating in a research report on Friday, June 5th. Melius Research set a $220.00 target price on shares of Qualcomm in a research note on Monday, May 18th. Finally, Lake Street Capital downgraded shares of Qualcomm to a "hold" rating in a research report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty-one have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $203.63.

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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