New York State Teachers Retirement System Sells 33,590 Shares of QUALCOMM Incorporated $QCOM

New York State Teachers Retirement System lowered its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 3.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 977,961 shares of the wireless technology company’s stock after selling 33,590 shares during the quarter. New York State Teachers Retirement System’s holdings in QUALCOMM were worth $162,694,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of 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 acquiring an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC boosted its position 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 purchasing an additional 340 shares in the last quarter. Modern Wealth Management LLC grew its stake in shares of QUALCOMM by 5.3% in the 1st quarter. Modern Wealth Management LLC now owns 10,936 shares of the wireless technology company’s stock worth $1,680,000 after buying an additional 555 shares during the last quarter. Voya Investment Management LLC raised its stake in QUALCOMM by 9.1% during the first quarter. Voya Investment Management LLC now owns 462,731 shares of the wireless technology company’s stock valued at $71,080,000 after buying an additional 38,755 shares during the last quarter. Finally, Cullen Investment Group LTD. boosted its holdings in QUALCOMM by 7.4% in the second quarter. Cullen Investment Group LTD. now owns 11,000 shares of the wireless technology company’s stock worth $1,752,000 after acquiring an additional 756 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Stock Performance

QCOM opened at $177.78 on Friday. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The company has a market cap of $190.40 billion, a price-to-earnings ratio of 36.36, a PEG ratio of 3.89 and a beta of 1.21. The company’s 50 day moving average is $173.25 and its 200 day moving average is $165.44.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The business had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter in the prior year, the business posted $2.69 earnings per share. The business’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. On average, equities research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on QCOM shares. Rosenblatt Securities restated a “buy” rating and set a $225.00 price objective on shares of QUALCOMM in a research note on Thursday, November 6th. JPMorgan Chase & Co. raised their price target on shares of QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a research note on Monday, December 29th. Mizuho set a $175.00 price target on QUALCOMM and gave the company a “neutral” rating in a report on Friday. Finally, Susquehanna set a $210.00 price objective on QUALCOMM in a report on Thursday, November 6th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $191.56.

Insider Buying and Selling

In related news, EVP Ann C. Chaplin sold 7,180 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the transaction, the executive vice president directly owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. This trade represents a 23.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Patricia Y. Grech sold 513 shares of the business’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $160.95, for a total transaction of $82,567.35. Following the completion of the sale, the chief accounting officer owned 203 shares in the company, valued at approximately $32,672.85. The trade was a 71.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 53,155 shares of company stock worth $9,267,593 in the last quarter. 0.08% of the stock is owned by insiders.

Key Stories Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Analysts are rethinking Qualcomm’s investment story after new AI and Android-related announcements at CES, highlighting stronger on-device AI positioning and a broader competitive footprint that could lift long‑term growth expectations. Read More.
• Positive Sentiment: QCOM expanded automotive wins: a Hyundai Mobis partnership to co-develop software-defined vehicles and ADAS using Snapdragon Ride Flex — this could accelerate recurring software/processor revenue from autos. Read More.
• Positive Sentiment: Qualcomm struck a long‑term supply deal to provide infotainment tech for Volkswagen’s new software platform, reinforcing automotive content gains and multi-year revenue visibility. Read More.
• Positive Sentiment: JPMorgan and other CES takeaways show Qualcomm’s Snapdragon platforms are moving deeper into PCs and high‑end laptops, expanding TAM beyond phones and supporting the company’s diversification narrative. Read More.
• Positive Sentiment: Qualcomm showcased robot and AI compute use cases at CES (and in an investor video explaining humanoid-robot deployments), signaling on-device AI traction that supports higher-margin, software-enabled opportunities. Read More. • Read More.
• Neutral Sentiment: Technicals: MarketBeat notes Qualcomm is pressing a key resistance (~$183) after a tightening wedge; a decisive breakout could be bullish, but failure would keep the stock range‑bound — important near-term chart risk/reward ahead of earnings. Read More.
• Neutral Sentiment: Earnings preview: Analysts expect a modest, single‑digit EPS decline for the coming quarter, making the upcoming report a key catalyst — upside beats could drive a sharp move, misses could amplify downside. Read More.
• Neutral Sentiment: Increased investor attention noted by Zacks — higher search/flow can magnify moves in either direction as earnings approach. Read More.
• Negative Sentiment: Mizuho downgraded Qualcomm citing growing handset headwinds — persistent weakness in smartphone volumes/pricing could pressure near‑term earnings and margins, countering diversification gains. Read More.

About QUALCOMM

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.