7,418 Shares in Qualcomm Incorporated $QCOM Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 7,418 shares of the wireless technology company’s stock, valued at approximately $1,269,000.

Several other large investors have also recently added to or reduced their stakes in the company. MUFG Securities EMEA plc increased its holdings in Qualcomm by 112.2% in the fourth quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company’s stock valued at $7,524,000 after buying an additional 23,262 shares in the last quarter. Swedbank AB increased its holdings in Qualcomm by 1.5% in the fourth quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company’s stock valued at $262,291,000 after buying an additional 23,110 shares in the last quarter. NBC Securities Inc. increased its holdings in Qualcomm by 47.5% in the fourth quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock valued at $3,197,000 after buying an additional 6,018 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in Qualcomm by 5.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 143,690 shares of the wireless technology company’s stock valued at $24,578,000 after buying an additional 7,804 shares in the last quarter. Finally, Valley Wealth Managers Inc. increased its holdings in Qualcomm by 6.1% in the fourth quarter. Valley Wealth Managers Inc. now owns 40,009 shares of the wireless technology company’s stock valued at $6,844,000 after buying an additional 2,288 shares in the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on QCOM shares. Zacks Research raised shares of Qualcomm from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. HSBC started coverage on shares of Qualcomm in a research note on Friday, May 8th. They set a “buy” rating for the company. Cantor Fitzgerald raised their price objective on shares of Qualcomm from $135.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Tigress Financial raised their price objective on shares of Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Roth Mkm started coverage on shares of Qualcomm in a research note on Friday, May 8th. They set a “buy” rating for the company. Fourteen equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $181.79.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: NVIDIA CEO Jensen Huang publicly endorsed Qualcomm, saying investors should “buy their stock,” which sparked after-hours buying and reinforces confidence in Qualcomm’s positioning in mobile and AI-related chips.
• Positive Sentiment: Qualcomm is expanding beyond smartphones with new edge AI partnerships, including an AI-powered enterprise conference platform with Primax Electronics and edge AI collaborations with SLB and SDG&E/Scripps, supporting the company’s diversification story.
• Positive Sentiment: Qualcomm continues to build momentum in its Dragonwing edge AI ecosystem, with ecosystem partners showcasing new products at Computex 2026, which may help validate long-term demand for its non-mobile chip platforms.
• Neutral Sentiment: Recent commentary highlights a valuation debate: some analysts and articles question whether Qualcomm’s strong multi-year run has already priced in much of the AI and growth upside.
• Neutral Sentiment: Short-interest data in the latest filing showed no meaningful short position change, so there is no clear evidence of a new bearish positioning shift specific to Qualcomm.
• Negative Sentiment: Marketwide semiconductor weakness is weighing on sentiment, with reports of a sector correction and increased short selling hitting chip stocks broadly, including Qualcomm.

Insider Activity

In related news, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $177.82, for a total transaction of $569,024.00. Following the sale, the executive vice president owned 39,735 shares in the company, valued at approximately $7,065,677.70. This trade represents a 7.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 19,306 shares of company stock worth $3,435,583 in the last three months. 0.05% of the stock is owned by insiders.

Qualcomm Stock Down 5.7%

Shares of NASDAQ QCOM opened at $205.42 on Wednesday. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The firm’s 50 day moving average price is $179.97 and its 200 day moving average price is $164.02. The firm has a market cap of $216.51 billion, a P/E ratio of 22.33, a price-to-earnings-growth ratio of 26.97 and a beta of 1.59. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37.

Qualcomm (NASDAQ:QCOM) last announced its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. During the same quarter last year, the business earned $2.85 earnings per share. Qualcomm’s revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts anticipate that Qualcomm Incorporated will post 7.99 earnings per share for the current year.

Qualcomm Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.8%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm’s dividend payout ratio (DPR) is 40.00%.

Qualcomm announced that its Board of Directors has initiated a share buyback program on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to reacquire up to 14.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

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.