Qualcomm Incorporated $QCOM Shares Newly Purchased by First Nebraska Trust Co

First Nebraska Trust Co purchased a new stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) in the third quarter, HoldingsChannel.com reports. The fund purchased 135,081 shares of the wireless technology company’s stock, valued at approximately $24,860,000. Qualcomm comprises 2.0% of First Nebraska Trust Co’s investment portfolio, making the stock its 9th largest holding.

Other institutional investors have also modified their holdings of the company. IPG Investment Advisors LLC increased its holdings in Qualcomm by 140.8% during the 3rd quarter. IPG Investment Advisors LLC now owns 11,003 shares of the wireless technology company’s stock valued at $2,025,000 after acquiring an additional 6,434 shares in the last quarter. ARGA Investment Management LP lifted its holdings in shares of Qualcomm by 118.2% in the third quarter. ARGA Investment Management LP now owns 362,967 shares of the wireless technology company’s stock valued at $66,800,000 after purchasing an additional 196,623 shares in the last quarter. VCI Wealth Management LLC lifted its holdings in shares of Qualcomm by 23.3% in the third quarter. VCI Wealth Management LLC now owns 14,083 shares of the wireless technology company’s stock valued at $2,592,000 after purchasing an additional 2,663 shares in the last quarter. Garde Capital Inc. grew its position in shares of Qualcomm by 2.1% in the third quarter. Garde Capital Inc. now owns 8,956 shares of the wireless technology company’s stock valued at $1,648,000 after purchasing an additional 185 shares during the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management grew its position in shares of Qualcomm by 31.1% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 8,759 shares of the wireless technology company’s stock valued at $1,612,000 after purchasing an additional 2,079 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Stock Performance

NASDAQ:QCOM opened at $164.43 on Wednesday. The firm has a 50 day simple moving average of $177.98 and a 200-day simple moving average of $169.42. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The firm has a market cap of $175.58 billion, a PE ratio of 19.03, a P/E/G ratio of 3.65 and a beta of 1.70. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92.

Qualcomm Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be paid a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, December 3rd. Qualcomm’s dividend payout ratio is presently 42.59%.

Analyst Ratings Changes

Several brokerages recently issued reports on QCOM. Wells Fargo & Company cut their price objective on Qualcomm from $265.00 to $170.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. The Goldman Sachs Group set a $160.00 target price on Qualcomm in a research note on Thursday, July 30th. Arete Research upgraded Qualcomm to a “strong-buy” rating in a report on Friday, October 16th. KeyCorp reissued a “sector weight” rating on shares of Qualcomm in a research report on Wednesday, September 9th. Finally, Cantor Fitzgerald cut their price target on Qualcomm from $200.00 to $165.00 and set a “neutral” rating for the company in a report on Monday, July 27th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $205.48.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm Ventures joined a $700 million funding round for AI startup Hark, which is developing AI models, software and hardware for a personal-assistant platform. The investment could create opportunities for Qualcomm chips in future consumer devices, though commercial benefits are uncertain. Qualcomm Joins Hark Funding Round
• Positive Sentiment: One report highlights potential data-center business with major hyperscalers as a possible growth engine that could help offset handset weakness. The timing and scale of revenue remain key uncertainties. Qualcomm May Be a Data-Center AI Winner
• Neutral Sentiment: Investors are focused on the Nov. 4 earnings report for updates on quarterly performance, the handset outlook and whether AI ambitions can support future growth. Qualcomm Q4 2026 Earnings Preview
• Negative Sentiment: Near-term fundamentals are a concern: Qualcomm’s phone-chip revenue fell 20% year over year in the June quarter, and previews flag possible revenue declines, rising costs and margin pressure. This increases the importance of the company’s guidance. Should You Buy Qualcomm Before Its Nov. 4 Report?
• Negative Sentiment: Qualcomm has also been caught in a broader semiconductor selloff. A report noted an 11% one-day drop on Oct. 30 as the PHLX Semiconductor Index fell about 7%; another cited the stock trading more than 37% below its year-to-date high and losing a key support level. Qualcomm Loses Crucial Support Ahead of Earnings

Insiders Place Their Bets

In other Qualcomm news, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $200.00, for a total transaction of $2,000,000.00. Following the transaction, the chief executive officer owned 177,568 shares of the company’s stock, valued at $35,513,600. This trade represents a 5.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ann C. Chaplin sold 1,827 shares of Qualcomm stock in a transaction on Friday, October 16th. The shares were sold at an average price of $174.75, for a total transaction of $319,268.25. Following the completion of the transaction, the executive vice president owned 25,770 shares in the company, valued at approximately $4,503,307.50. This trade represents a 6.62% 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. Over the last three months, insiders have sold 30,258 shares of company stock valued at $5,727,616. 0.05% of the stock is owned by corporate insiders.

Qualcomm Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.