Qualcomm Incorporated $QCOM Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC decreased its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 5.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 75,330 shares of the wireless technology company’s stock after selling 3,989 shares during the period. Intech Investment Management LLC’s holdings in Qualcomm were worth $12,532,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Harbor Capital Advisors Inc. grew its position in Qualcomm by 72.2% during the 3rd 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. Cloud Capital Management LLC acquired a new stake in shares of Qualcomm during the third quarter worth $27,000. Winnow Wealth LLC purchased a new stake in shares of Qualcomm during the second quarter valued at $32,000. Lavaca Capital LLC purchased a new stake in shares of Qualcomm during the second quarter valued at $32,000. Finally, Howard Hughes Medical Institute acquired a new position in shares of Qualcomm in the 2nd quarter valued at $38,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Qualcomm

In other news, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the transaction, the executive vice president owned 23,944 shares in the company, valued at $4,262,750.32. This trade represents a 23.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares in the company, valued at $2,245,841. This represents a 16.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 45,704 shares of company stock valued at $7,818,708 in the last ninety days. 0.05% of the stock is currently owned by company insiders.

Qualcomm Trading Down 0.2%

Shares of NASDAQ:QCOM opened at $145.59 on Friday. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The business has a 50 day moving average of $157.71 and a two-hundred day moving average of $163.81. The company has a market capitalization of $155.34 billion, a PE ratio of 30.08, a PEG ratio of 7.28 and a beta of 1.22.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. The business had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, analysts forecast that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.4%. Qualcomm’s dividend payout ratio is presently 73.55%.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Snapdragon 8 Elite Gen 5 for Galaxy — Qualcomm unveiled the Snapdragon 8 Elite Gen 5 for the Galaxy S26 Ultra, deepening the Samsung partnership and highlighting QCOM’s push in AI, graphics and connectivity for premium handsets. Can Snapdragon 8 Elite Gen 5 for Galaxy Launch Boost QCOM Shares?
• Positive Sentiment: Automotive manufacturing deal with Tata Electronics — Qualcomm signed a partnership to produce automotive modules in India, adding Tata to its global manufacturing network and positioning QCOM to capture growth as cars become more software-defined. This supports the company’s automotive TAM expansion. Qualcomm Tata Deal Highlights Auto Growth And India Manufacturing Shift
• Positive Sentiment: Analyst upgrades shift tone — Loop Capital upgraded QCOM to Buy and Wells Fargo raised its stance on Qualcomm’s data center strategy, signaling growing conviction that near-term pressures may be easing and that diversification (AI/datacenter, automotive) is gaining traction. Loop Capital Upgrades Qualcomm (QCOM) to Buy, Sees Stock Nearing Turning Point
• Positive Sentiment: Technical improvement noted — Market commentary highlights a bullish MACD crossover and short-term stabilization after a steep selloff, suggesting downside momentum may have peaked and a base could form if price holds near recent levels.
• Neutral Sentiment: Retail/edge AI collaboration — Qualcomm and Vusion released a white paper on an “AI‑Native Store” using on‑device AI and BLE infrastructure; strategic for IoT/edge positioning but not an immediate revenue driver. Vusion and Qualcomm Unveil their AI-Native Store™ Vision
• Neutral Sentiment: Market reassessment piece — Commentary questions whether current share price fully reflects Qualcomm’s AI and diversification story given mixed recent returns; useful context but not new company-specific news. Is It Time To Reassess Qualcomm (QCOM) After Mixed Returns And AI Growth Story
• Negative Sentiment: Baird cut its price target — Baird trimmed its QCOM price target to $177 from $200 (maintaining Outperform) and flagged fiscal 2026 as a transitional year, underscoring continuing uncertainty around near-term growth and guidance execution. Baird Cuts QUALCOMM (QCOM) Price Target to $177 from $200

Wall Street Analysts Forecast Growth

Several analysts have weighed in on QCOM shares. JPMorgan Chase & Co. dropped their price target on Qualcomm from $195.00 to $185.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. TD Cowen dropped their target price on Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Evercore cut their price target on shares of Qualcomm from $157.00 to $134.00 and set an “in-line” rating on the stock in a report on Thursday, February 5th. Sanford C. Bernstein reissued an “outperform” rating and set a $200.00 price target on shares of Qualcomm in a research report on Monday, February 2nd. Finally, Loop Capital raised shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price objective on the stock in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $168.48.

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.