OneAscent Financial Services LLC Reduces Stock Holdings in QUALCOMM Incorporated $QCOM

OneAscent Financial Services LLC decreased its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 74.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,342 shares of the wireless technology company’s stock after selling 4,010 shares during the period. OneAscent Financial Services LLC’s holdings in QUALCOMM were worth $223,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Harbor Capital Advisors Inc. raised 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 acquired a new stake in QUALCOMM during the 2nd quarter valued at approximately $32,000. Harbor Asset Planning Inc. purchased a new stake in shares of QUALCOMM in the 2nd quarter valued at $32,000. Winnow Wealth LLC acquired a new stake in shares of QUALCOMM in the second quarter worth $32,000. Finally, Lavaca Capital LLC purchased a new position in shares of QUALCOMM during the second quarter worth $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Key QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Qualcomm rolled out the Dragonwing IQ10 robotics platform and a full robotics product suite at CES — signaling a serious push into humanoid and household robotics that expands the company beyond phones and automotive into “physical AI.” How Qualcomm’s New Dragonwing IQ10 Robotics Platform Has Changed Its Investment Story
• Positive Sentiment: Broad robotics initiative and humanoid ambitions were highlighted across CES coverage — reinforcing investor expectations that Qualcomm can monetize AI at the edge and in robots, a higher-growth TAM than smartphones alone. Qualcomm unveils PC chip, humanoid robotics initiative at CES 2026
• Positive Sentiment: Qualcomm introduced the Snapdragon X2 Plus platform (3 nm Oryon cores) targeting AI PCs — a product push that could drive revenue and higher ASPs outside its phone base if adoption follows. Can Qualcomm’s Snapdragon X2 Plus Platform Drive Future Growth?
• Positive Sentiment: CEO Cristiano Amon publicly framed robotics as a major near-term opportunity and likened Qualcomm’s robotics potential to its prior success in autos — messaging that supports a strategic growth narrative. Qualcomm CEO Sees Robotics as the ‘Next Big Wave of AI’
• Positive Sentiment: Investors are also digesting record FY2025 EPS and a revenue beat, plus Q1 FY2026 EPS guidance that reassures near-term profitability, which supports the rally. Is It Too Late To Consider Buying Qualcomm (QCOM) After Record FY2025 EPS?
• Neutral Sentiment: Insider disclosure: EVP Akash Palkhiwala sold 3,333 shares (small portion of his holdings). Insider sales can be noise and don’t necessarily indicate a change in corporate outlook. QUALCOMM (NASDAQ:QCOM) EVP Akash Palkhiwala Sells 3,333 Shares
• Negative Sentiment: Some analysts warn growth is lagging peers (8.2% stock rise over the past year) and flag margin pressure, China exposure and intense chip competition — risks that could limit upside if execution slips. Qualcomm Witnesses Just 8.2% Growth in Past Year: Reason to Worry?

QUALCOMM Trading Up 3.5%

Shares of QCOM opened at $182.45 on Wednesday. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The stock has a market cap of $195.40 billion, a PE ratio of 37.31, a price-to-earnings-growth ratio of 3.86 and a beta of 1.21. The firm’s fifty day moving average is $173.19 and its two-hundred day moving average is $164.98. 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 posted its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The firm had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. During the same period in the previous year, the business posted $2.69 earnings per share. QUALCOMM’s quarterly revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Research analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Bank of America lifted their price objective on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Cantor Fitzgerald restated a “neutral” rating and issued a $185.00 price objective on shares of QUALCOMM in a research report on Tuesday, December 16th. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Piper Sandler raised their price target on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Finally, Wells Fargo & Company upped their price objective on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, QUALCOMM has an average rating of “Moderate Buy” and an average target price of $192.94.

Insider Buying and Selling at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the sale, the insider owned 19,593 shares in the company, valued at $3,387,041.91. This trade represents a 7.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Patricia Y. Grech sold 513 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $160.95, for a total value of $82,567.35. Following the completion of the transaction, the chief accounting officer owned 203 shares in the company, valued at $32,672.85. This represents a 71.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 53,155 shares of company stock worth $9,267,593. Corporate insiders own 0.08% of the company’s stock.

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.