Signal Advisors Wealth LLC Takes $445,000 Position in QUALCOMM Incorporated $QCOM

Key Points

• Signal Advisors Wealth LLC has acquired a new stake in QUALCOMM, purchasing 2,795 shares valued at approximately $445,000 during the second quarter.
• Insider trading activity shows significant sales by executives, with a chief accounting officer reducing their holdings by over 40% recently.
• QUALCOMM's stock has demonstrated strong performance, with a 12-month high of $182.10 and robust quarterly earnings beating analysts' estimates, showing a revenue increase of 10.4% year-over-year.

Signal Advisors Wealth LLC purchased a new stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,795 shares of the wireless technology company's stock, valued at approximately $445,000.

Several other institutional investors have also added to or reduced their stakes in QCOM. Brighton Jones LLC raised its holdings in QUALCOMM by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company's stock worth $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of QUALCOMM by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company's stock worth $391,000 after acquiring an additional 340 shares in the last quarter. Woodline Partners LP bought a new position in shares of QUALCOMM in the 4th quarter worth about $7,234,000. Focus Partners Advisor Solutions LLC increased its stake in shares of QUALCOMM by 5.8% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 8,017 shares of the wireless technology company's stock worth $1,232,000 after acquiring an additional 442 shares in the last quarter. Finally, Cornerstone Advisory LLC increased its stake in shares of QUALCOMM by 6.7% in the 4th quarter. Cornerstone Advisory LLC now owns 1,816 shares of the wireless technology company's stock worth $279,000 after acquiring an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company's stock.

QUALCOMM Stock Performance

Shares of QCOM traded down $1.28 on Friday, reaching $166.85. The company's stock had a trading volume of 19,434,943 shares, compared to its average volume of 6,952,979. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The stock has a market capitalization of $180.03 billion, a P/E ratio of 16.09, a PEG ratio of 2.43 and a beta of 1.21. The stock's 50 day simple moving average is $157.04 and its two-hundred day simple moving average is $152.36. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.71 by $0.06. The company had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm's revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Research analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be issued a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM's payout ratio is currently 34.33%.

Insider Activity

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $146.40, for a total transaction of $234,240.00. Following the transaction, the insider owned 21,193 shares of the company's stock, valued at $3,102,655.20. The trade was a 7.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $156.86, for a total transaction of $522,814.38. Following the transaction, the chief financial officer directly owned 39,874 shares in the company, valued at $6,254,635.64. This represents a 7.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,899 shares of company stock worth $1,992,121 over the last ninety days. Company insiders own 0.08% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on QCOM. Arete upgraded shares of QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 price target for the company in a research note on Tuesday, August 26th. Citigroup reiterated a "hold" rating on shares of QUALCOMM in a research note on Thursday, July 17th. UBS Group raised their price objective on shares of QUALCOMM from $145.00 to $165.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. JPMorgan Chase & Co. raised their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Monday, July 28th. Finally, Sanford C. Bernstein set a $185.00 price objective on shares of QUALCOMM and gave the company an "outperform" rating in a research note on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $182.82.

QUALCOMM Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.