Vanguard Personalized Indexing Management LLC Purchases 21,197 Shares of QUALCOMM Incorporated $QCOM

Key Points

• Vanguard Personalized Indexing Management LLC has increased its stake in QUALCOMM by 17.6%, acquiring an additional 21,197 shares, bringing its total to 141,468 shares valued at approximately $22.54 million.
• QUALCOMM's shares recently traded down by 7.3%, with the stock's market cap at $165.77 billion and a price-to-earnings ratio of 14.82.
• Recent earnings reported a 10.4% year-over-year revenue increase, with EPS at $2.77, exceeding analysts' expectations of $2.71.

Vanguard Personalized Indexing Management LLC lifted its position in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 17.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,468 shares of the wireless technology company's stock after acquiring an additional 21,197 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in QUALCOMM were worth $22,538,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in QCOM. Capital Advantage Inc. grew its position in QUALCOMM by 2.8% during the second quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company's stock valued at $375,000 after buying an additional 64 shares during the period. Rise Advisors LLC grew its position in QUALCOMM by 6.7% during the first quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company's stock valued at $161,000 after buying an additional 66 shares during the period. Bell Investment Advisors Inc grew its position in QUALCOMM by 4.6% during the first quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company's stock valued at $231,000 after buying an additional 66 shares during the period. Collaborative Wealth Managment Inc. grew its position in QUALCOMM by 5.1% during the first quarter. Collaborative Wealth Managment Inc. now owns 1,412 shares of the wireless technology company's stock valued at $217,000 after buying an additional 69 shares during the period. Finally, Thoroughbred Financial Services LLC grew its position in QUALCOMM by 0.3% during the first quarter. Thoroughbred Financial Services LLC now owns 25,254 shares of the wireless technology company's stock valued at $3,879,000 after buying an additional 69 shares during the period. Institutional investors own 74.35% of the company's stock.

QUALCOMM Trading Down 7.3%

Shares of QUALCOMM stock opened at $153.64 on Friday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10. The company has a market cap of $165.77 billion, a price-to-earnings ratio of 14.82, a PEG ratio of 2.24 and a beta of 1.23. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The company's 50-day moving average price is $160.39 and its 200-day moving average price is $153.45.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings results 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. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same period in the prior year, the firm posted $2.33 earnings per share. The company's revenue for the quarter was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on QCOM. Sanford C. Bernstein set a $185.00 price target on shares of QUALCOMM and gave the company an "outperform" rating in a research report on Monday, July 28th. Rosenblatt Securities reaffirmed a "buy" rating and set a $225.00 price objective on shares of QUALCOMM in a report on Thursday, July 31st. Bank of America dropped their price objective on shares of QUALCOMM from $245.00 to $200.00 and set a "buy" rating on the stock in a report on Tuesday, June 17th. JPMorgan Chase & Co. upped their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the company an "overweight" rating in a report on Monday, July 28th. Finally, Wall Street Zen downgraded shares of QUALCOMM from a "buy" rating to a "hold" rating in a report on Sunday, August 3rd. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $182.82.

Insider Transactions at QUALCOMM

In other news, CAO Neil Martin sold 791 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the sale, the chief accounting officer directly owned 1,106 shares of the company's stock, valued at approximately $171,230.92. This represents a 41.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the transaction, the chief executive officer owned 149,304 shares in the company, valued at approximately $24,718,770.24. This trade represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 159,767 shares of company stock valued at $26,322,745. Company insiders own 0.08% of the company's stock.

About QUALCOMM

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.

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