4,356 Shares in QUALCOMM Incorporated $QCOM Bought by Simplify Asset Management Inc.

Simplify Asset Management Inc. purchased a new stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,356 shares of the wireless technology company’s stock, valued at approximately $725,000.

A number of other large investors have also added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. grew its stake in shares of QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares during the last quarter. Chung Wu Investment Group LLC purchased a new stake in QUALCOMM in the 2nd quarter worth approximately $32,000. Harbor Asset Planning Inc. purchased a new stake in QUALCOMM in the 2nd quarter worth approximately $32,000. Winnow Wealth LLC bought a new stake in shares of QUALCOMM in the 2nd quarter worth approximately $32,000. Finally, Lavaca Capital LLC purchased a new position in shares of QUALCOMM during the second quarter valued at approximately $32,000. Institutional investors own 74.35% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total value of $2,833,385.17. Following the transaction, the executive vice president owned 26,071 shares in the company, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the transaction, the insider owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. The trade was a 7.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 199,822 shares of company stock valued at $33,523,984. 0.08% of the stock is owned by company insiders.

QUALCOMM Stock Down 0.8%

QCOM stock opened at $173.43 on Tuesday. The business has a 50 day moving average of $173.16 and a 200 day moving average of $164.12. The firm has a market cap of $185.74 billion, a PE ratio of 35.47, a price-to-earnings-growth ratio of 3.83 and a beta of 1.22. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were issued a $0.89 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s payout ratio is 72.80%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Piper Sandler raised their price target on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Wells Fargo & Company boosted their price target on shares of QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. raised their price objective on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Finally, Susquehanna set a $210.00 target price on QUALCOMM in a report on Thursday, November 6th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $192.94.

QUALCOMM 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.