Sachetta LLC Sells 4,885 Shares of Qualcomm Incorporated $QCOM

Key Points

• Sachetta LLC cut its Qualcomm stake by 92.1% in Q4, selling 4,885 shares and retaining 418 shares worth about $72,000 at quarter-end.
• Several analysts raised price targets (e.g., Benchmark to $225) and upgraded ratings, but Qualcomm's consensus remains a "Hold" with a consensus target of $172.40.
• Qualcomm reported a Q2 EPS beat ($2.65 vs. $2.56), highlighted plans to ship custom data‑center chips to a "large hyperscaler," and boosted shareholder returns with a $20 billion buyback authorization and a quarterly dividend increase to $0.92.

Sachetta LLC lessened its stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 92.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 418 shares of the wireless technology company's stock after selling 4,885 shares during the quarter. Sachetta LLC's holdings in Qualcomm were worth $72,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of QCOM. Cloud Capital Management LLC bought a new position in shares of Qualcomm in the third quarter valued at approximately $27,000. Richardson Financial Services Inc. lifted its holdings in shares of Qualcomm by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock valued at $29,000 after purchasing an additional 80 shares in the last quarter. Torren Management LLC bought a new position in shares of Qualcomm in the fourth quarter valued at approximately $29,000. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Qualcomm by 113.5% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company's stock valued at $32,000 after purchasing an additional 101 shares in the last quarter. Finally, Board of the Pension Protection Fund bought a new position in shares of Qualcomm in the fourth quarter valued at approximately $34,000. Institutional investors own 74.35% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on QCOM. Benchmark raised their target price on Qualcomm from $200.00 to $225.00 and gave the company a "buy" rating in a report on Thursday. Cantor Fitzgerald raised their target price on Qualcomm from $135.00 to $150.00 and gave the company a "neutral" rating in a report on Thursday. Barclays raised their target price on Qualcomm from $130.00 to $150.00 and gave the company an "underweight" rating in a report on Thursday. Loop Capital upgraded Qualcomm from a "hold" rating to a "buy" rating and set a $185.00 target price on the stock in a report on Tuesday, February 24th. Finally, DZ Bank upgraded Qualcomm to a "strong-buy" rating in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Qualcomm has a consensus rating of "Hold" and a consensus target price of $172.40.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Q2 beat and segment strength — Qualcomm topped EPS expectations and showed strong automotive/licensing performance, which supports near‑term earnings quality and helped fuel the recent rally. Qualcomm (QCOM) Posts Stellar Q2
• Positive Sentiment: Data‑center/hyperscaler validation — CEO commentary that Qualcomm will ship custom data‑center chips to a “large hyperscaler” this year materially changed the narrative and underpins hopes for a new, higher‑growth revenue stream. Reuters: Qualcomm shares jump
• Positive Sentiment: Analyst support — Multiple firms raised targets or reaffirmed buy ratings (e.g., Benchmark, Rosenblatt, Summit Insights upgrade), which added fuel to the rally and legitimized the AI/data‑center story. Wall Street Lifts Qualcomm Price Target
• Neutral Sentiment: Technicals and momentum — Chart signals show an overbought setup after the rapid rally; that attracts momentum buyers but raises short‑term pullback risk. Barron's: Technicals
• Neutral Sentiment: Capital returns — Ongoing buyback authorization and a raised quarterly dividend support shareholder returns, a stabilizing factor for valuation. MarketBeat: QCOM summary
• Negative Sentiment: Below‑consensus Q3 guide & memory shortage — Qualcomm guided Q3 revenue/EPS below Street expectations and pointed to a memory supply issue that could pressure handset demand, which triggered the initial post‑earnings weakness. Reuters: Forecast underwhelms
• Negative Sentiment: Insider sale disclosure — A CAO disclosed a small Rule 10b5‑1 sale (192 shares); minimal on its own but noted by some data aggregators amid high‑volume trading. InsiderTrades: Insider sale

Qualcomm Stock Performance

Shares of Qualcomm stock opened at $177.00 on Friday. The business's fifty day simple moving average is $135.69 and its 200 day simple moving average is $155.29. The firm has a market capitalization of $188.85 billion, a P/E ratio of 19.24 and a beta of 1.49. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $205.95. The company has a current ratio of 2.37, a quick ratio of 1.83 and a debt-to-equity ratio of 0.54.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts' consensus estimates of $2.56 by $0.09. The business had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.Qualcomm's quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the company posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, analysts anticipate that Qualcomm Incorporated will post 8.18 EPS for the current year.

Qualcomm Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 2.1%. This is an increase from Qualcomm's previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm's dividend payout ratio is 38.70%.

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

Insider Buying and Selling

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the business's stock in a transaction on Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the sale, the executive vice president directly owned 16,393 shares in the company, valued at $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Patricia Y. Grech sold 192 shares of the business's stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $172.00, for a total value of $33,024.00. 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. Over the last three months, insiders have sold 9,310 shares of company stock worth $1,266,729. 0.05% of the stock is owned by company insiders.

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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