Qualcomm Incorporated $QCOM Stock Holdings Lifted by Foster Victor Wealth Advisors LLC

Key Points

• $20.0 billion buyback: Qualcomm's board approved a $20 billion repurchase program allowing the company to buy up to 14.5% of outstanding shares, a strong signal management views the stock as undervalued.
• Mixed analyst outlook: The consensus rating is "Hold" with a $163.77 average price target, but several firms have recently started coverage or trimmed targets (e.g., Goldman $135 neutral, BofA $145 underperform, Morgan Stanley $132 underweight), which could cap near‑term upside.
• Investor and insider moves: Foster Victor Wealth Advisors raised its stake to 163,727 shares (~$26.1M) as institutional ownership sits at 74.35%, while insiders sold about 9,118 shares in the past 90 days (partly via Rule 10b5‑1 plans).

Foster Victor Wealth Advisors LLC lifted its position in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 163,727 shares of the wireless technology company's stock after buying an additional 4,537 shares during the quarter. Qualcomm makes up 1.5% of Foster Victor Wealth Advisors LLC's holdings, making the stock its 10th largest holding. Foster Victor Wealth Advisors LLC's holdings in Qualcomm were worth $26,101,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Invested Advisors lifted its stake in Qualcomm by 6.1% in the 4th quarter. Invested Advisors now owns 2,816 shares of the wireless technology company's stock worth $482,000 after purchasing an additional 161 shares in the last quarter. Virginia Wealth Management Group Inc. lifted its stake in Qualcomm by 0.9% in the 4th quarter. Virginia Wealth Management Group Inc. now owns 29,527 shares of the wireless technology company's stock worth $5,051,000 after purchasing an additional 262 shares in the last quarter. Spectrum Asset Management Inc. NB CA purchased a new stake in Qualcomm in the 4th quarter worth $517,000. Bingham Private Wealth LLC purchased a new stake in Qualcomm in the 4th quarter worth $510,000. Finally, Farther Finance Advisors LLC lifted its stake in Qualcomm by 39.1% in the 4th quarter. Farther Finance Advisors LLC now owns 83,069 shares of the wireless technology company's stock worth $14,209,000 after purchasing an additional 23,349 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on QCOM shares. The Goldman Sachs Group started coverage on shares of Qualcomm in a research note on Monday, March 30th. They issued a "neutral" rating and a $135.00 price target on the stock. Bank of America started coverage on shares of Qualcomm in a research note on Tuesday, March 10th. They issued an "underperform" rating and a $145.00 price target on the stock. Citigroup reiterated a "neutral" rating on shares of Qualcomm in a research note on Thursday, January 15th. Royal Bank Of Canada decreased their price target on shares of Qualcomm from $180.00 to $150.00 and set a "sector perform" rating on the stock in a research note on Thursday, February 5th. Finally, Morgan Stanley started coverage on shares of Qualcomm in a research note on Tuesday, February 10th. They issued an "underweight" rating and a $132.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, Qualcomm currently has an average rating of "Hold" and a consensus price target of $163.77.

Insider Transactions at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of the business's stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $130.34, for a total value of $325,850.00. Following the sale, the executive vice president directly owned 30,684 shares in the company, valued at $3,999,352.56. The trade was a 7.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the business's stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. This trade represents a 16.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 9,118 shares of company stock worth $1,233,705. Insiders own 0.05% of the company's stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm expanded its long‑term Bosch tie‑up into advanced driver‑assistance systems (ADAS), rolling out Snapdragon Digital Chassis software to power smarter, software‑defined vehicles — a meaningful revenue and TAM expansion for automotive semiconductors. Can Qualcomm's Deepen Long-Term Tie-Up With Bosch Drive Its Shares?
• Positive Sentiment: The company’s board has authorized a $20 billion buyback program (announced March 17), which reduces share count and signals management believes shares are undervalued — a clear support for the stock. Qualcomm Stock Profile
• Positive Sentiment: Recent bullish write‑ups argue Qualcomm is a high‑quality buying opportunity given its semiconductor/IP mix, strong ROE and longer‑term growth in automotive, IoT and AI edge use cases. Why Qualcomm (QCOM) Is a Top Quality Stock to Buy Now?
• Neutral Sentiment: Valuation/price action coverage notes the recent pullback and asks whether current levels represent value — useful context for investors but not an immediate catalyst. Is Qualcomm (QCOM) Offering Value After Its Recent Share Price Weakness?
• Neutral Sentiment: An EVP executed a Rule 10b5‑1 sale of 2,500 shares at about $130 — disclosed to the market but described as pre‑arranged, so it’s likely neutral for fundamentals. SEC Filing — Insider Sale
• Negative Sentiment: Several analysts have trimmed price targets and ratings (RBC, Mizuho, Daiwa, Zacks cuts cited), which can cap near‑term upside and increases the risk of further downward pressure if guidance or macro data disappoint. Analyst Coverage and Price Target Moves

Qualcomm Stock Performance

Qualcomm stock opened at $132.84 on Wednesday. The company's 50-day moving average price is $134.85 and its 200-day moving average price is $157.00. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $205.95. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The company has a market cap of $141.74 billion, a PE ratio of 27.45 and a beta of 1.28.

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

Qualcomm declared that its Board of Directors has approved a stock repurchase plan on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

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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