Qualcomm Incorporated $QCOM Stock Holdings Raised by Palouse Capital Management Inc.

Palouse Capital Management Inc. lifted its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 78.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,467 shares of the wireless technology company’s stock after acquiring an additional 12,926 shares during the period. Qualcomm makes up approximately 2.5% of Palouse Capital Management Inc.’s portfolio, making the stock its 10th largest position. Palouse Capital Management Inc.’s holdings in Qualcomm were worth $3,795,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. boosted its stake in Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 80 shares during the last quarter. Torren Management LLC purchased a new position in shares of Qualcomm in the fourth quarter worth $29,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Qualcomm by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 170 shares during the last quarter. Birchwood Financial Partners Inc. bought a new position in shares of Qualcomm during the fourth quarter valued at $31,000. Finally, Glass Jacobson Investment Advisors llc lifted its holdings in shares of Qualcomm by 113.5% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock valued at $32,000 after purchasing an additional 101 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $130.34, for a total value of $325,850.00. Following the transaction, the executive vice president owned 30,684 shares of the company’s stock, valued at approximately $3,999,352.56. This trade represents a 7.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the sale, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This represents a 4.82% 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. Insiders have sold 21,721 shares of company stock worth $3,918,290 over the last quarter. Company insiders own 0.05% of the company’s stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Analysts at Erste Group raised their FY2027 earnings estimate for Qualcomm, which suggests slightly better long-term profit expectations.
• Positive Sentiment: Reports said ByteDance is working with Qualcomm on AI infrastructure, reinforcing the idea that Qualcomm could benefit from enterprise and data-center chip demand. ByteDance targets in-house CPU for 2027 deployment, partners with Qualcomm: report
• Positive Sentiment: Market commentary highlighted Qualcomm as part of the broader AI-chip rally, with investors still viewing it as a potential beneficiary of growing semiconductor spending. Overclocking Qualcomm: Rewiring the AI Compute Market
• Neutral Sentiment: Qualcomm remained a trending stock on brokerage and news screens, but that reflects elevated investor attention rather than a clear fundamental catalyst. Here is What to Know Beyond Why QUALCOMM Incorporated (QCOM) is a Trending Stock
• Neutral Sentiment: Semiconductor ETFs and chip stocks broadly were lifted by AI enthusiasm, which can support Qualcomm sentiment even if the company was not the main driver. Semiconductor ETFs to Buy as Micron Leads 2T AI-Led Chip Market Rally
• Neutral Sentiment: Broader tech weakness from rising rates and a rotation out of chipmakers weighed on the sector and likely capped gains in Qualcomm. MU, SNDK and QCOM Forecasts – Rising Interest Rates Drag Tech Momentum
• Negative Sentiment: Elon Musk denied reports that SpaceX showed investors an AI handset using Qualcomm Snapdragon chips, removing a speculative source of enthusiasm for QCOM. QCOM Stock Slips Toward Fourth Straight Loss After Elon Musk Dismisses Reports Of Space X AI Phone Using Qualcomm Chips
• Negative Sentiment: There were also reports that Qualcomm may not acquire Tenstorrent after all, which could reduce hopes for an AI-chip expansion story. Qualcomm’s Tenstorrent Deal Looks Less Likely

Analyst Upgrades and Downgrades

Several research firms recently commented on QCOM. Daiwa Securities Group upgraded Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price objective for the company in a report on Friday, May 8th. Argus set a $220.00 target price on shares of Qualcomm in a research note on Friday, May 1st. TD Cowen reaffirmed a “buy” rating and set a $200.00 price target on shares of Qualcomm in a report on Thursday, June 25th. Summit Insights upgraded shares of Qualcomm from a “hold” rating to a “buy” rating in a research note on Thursday, April 30th. Finally, Citigroup boosted their price objective on shares of Qualcomm from $160.00 to $198.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $220.45.

Qualcomm Stock Down 1.6%

Qualcomm stock opened at $181.92 on Thursday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The stock has a fifty day moving average of $204.03 and a 200 day moving average of $167.90. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The stock has a market cap of $191.74 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 5.50 and a beta of 1.64.

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 the consensus estimate of $2.56 by $0.09. The business had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period last year, the firm posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts predict that Qualcomm Incorporated will post 7.96 EPS for the current year.

Qualcomm declared that its Board of Directors has approved a share buyback program on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Qualcomm Company 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.