Qualcomm Incorporated $QCOM Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its position in Qualcomm Incorporated (NASDAQ:QCOM) by 43.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 691,801 shares of the wireless technology company’s stock after selling 532,092 shares during the period. HighTower Advisors LLC’s holdings in Qualcomm were worth $127,838,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in QCOM. Brighton Jones LLC boosted its position in shares of Qualcomm by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after buying an additional 9,343 shares during the period. Revolve Wealth Partners LLC increased its position in Qualcomm by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares during the period. Sivia Capital Partners LLC increased its position in Qualcomm by 44.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after acquiring an additional 1,020 shares during the period. Main Street Financial Solutions LLC raised its stake in Qualcomm by 6.1% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock valued at $920,000 after acquiring an additional 333 shares in the last quarter. Finally, Transamerica Financial Advisors LLC raised its stake in Qualcomm by 9.7% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock valued at $1,083,000 after acquiring an additional 603 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is backing a $70 million funding round for Ultrahuman, supporting development of smart rings powered by Qualcomm chips. The devices are expected to run on-device AI, software and gesture-control functions, expanding Qualcomm’s reach beyond smartphones into advanced wearables. Why Is Qualcomm Backing a $70 Million Bet on Smart Rings?
• Positive Sentiment: Qualcomm raised its quarterly dividend by 3.4% to $0.92 per share, representing roughly $983 million in shareholder distributions and reinforcing its appeal to income-focused investors. Qualcomm Raises Quarterly Dividend
• Positive Sentiment: One Wall Street analyst sees substantial upside after Qualcomm’s steep three-month decline, while other valuation commentary describes the stock as inexpensive on earnings-based measures. The bullish case centers on growth in automotive, AI, data centers and edge computing. Qualcomm Analyst Sees 140% Upside
• Neutral Sentiment: Qualcomm benefited modestly from a broader rebound in beaten-down AI semiconductor stocks, although the move was less pronounced than in some peers such as Marvell. Marvell Rises as AI Silicon Rebounds
• Negative Sentiment: Recent analysis warns that Qualcomm’s long-term AI and automotive ambitions must overcome a near-term smartphone reality check, including potential pressure from Apple’s modem transition. Japan robotics investments offer diversification but could weigh on margins while estimates remain under pressure. Qualcomm Japan Robotics and Edge AI Analysis
• Negative Sentiment: Reports of insider selling recently pressured sentiment, highlighting investor caution after Qualcomm’s extended decline and amid uncertainty over its earnings outlook. Qualcomm Trading Down After Insider Selling

Analyst Ratings Changes

QCOM has been the subject of several recent analyst reports. Royal Bank Of Canada decreased their price target on Qualcomm from $250.00 to $160.00 and set a “sector perform” rating for the company in a research note on Thursday, July 30th. UBS Group cut their price objective on shares of Qualcomm from $190.00 to $170.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. DZ Bank raised shares of Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price objective for the company in a report on Friday, June 26th. Wells Fargo & Company decreased their target price on shares of Qualcomm from $265.00 to $170.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Finally, The Goldman Sachs Group set a $160.00 target price on shares of Qualcomm in a research note on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $203.76.

Qualcomm Price Performance

Shares of QCOM stock opened at $168.74 on Monday. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. The business’s fifty day moving average is $169.05 and its 200-day moving average is $169.86. The stock has a market cap of $177.22 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of 3.52 and a beta of 1.68.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. During the same quarter last year, the company earned $2.77 EPS. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities analysts expect that Qualcomm Incorporated will post 7.74 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s dividend payout ratio is presently 42.59%.

Insider Activity

In other news, EVP Heather Ace sold 3,200 shares of Qualcomm stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the transaction, the executive vice president owned 36,535 shares of the company’s stock, valued at $5,372,106.40. The trade was a 8.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash Palkhiwala sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, July 14th. The stock was sold at an average price of $180.81, for a total transaction of $452,025.00. Following the completion of the sale, the executive vice president owned 23,184 shares in the company, valued at $4,191,899.04. The trade was a 9.73% decrease in their ownership of the stock. 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. In the last quarter, insiders sold 11,533 shares of company stock worth $1,961,219. Corporate insiders own 0.05% of the company’s stock.

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.