Sterling Capital Management LLC Acquires 5,746 Shares of QUALCOMM Incorporated (NASDAQ:QCOM) (2025)

Sterling Capital Management LLC boosted its position in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 8.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,593 shares of the wireless technology company's stock after purchasing an additional 5,746 shares during the period. Sterling Capital Management LLC's holdings in QUALCOMM were worth $11,459,000 as of its most recent SEC filing.

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Several other institutional investors and hedge funds have also bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new position in shares of QUALCOMM during the 4th quarter worth $26,000. CKW Financial Group purchased a new stake in QUALCOMM during the fourth quarter valued at about $27,000. Centricity Wealth Management LLC bought a new position in QUALCOMM during the fourth quarter worth about $29,000. CoreFirst Bank & Trust purchased a new position in shares of QUALCOMM in the fourth quarter worth about $33,000. Finally, Synergy Asset Management LLC bought a new stake in shares of QUALCOMM in the fourth quarter valued at approximately $38,000. 74.35% of the stock is owned by institutional investors.

Insider Activity

In other QUALCOMM news, insider Alexander H. Rogers sold 19,287 shares of the company's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $169.83, for a total transaction of $3,275,511.21. Following the completion of the transaction, the insider now owns 20,762 shares of the company's stock, valued at $3,526,010.46. This represents a 48.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Akash J. Palkhiwala sold 3,337 shares of QUALCOMM stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $156.82, for a total value of $523,308.34. Following the completion of the sale, the chief financial officer now owns 59,778 shares in the company, valued at approximately $9,374,385.96. This represents a 5.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 30,666 shares of company stock valued at $5,047,052. 0.08% of the stock is currently owned by company insiders.

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QUALCOMM Trading Down 0.0 %

QUALCOMM stock traded down $0.06 during mid-day trading on Monday, hitting $139.19. The company's stock had a trading volume of 6,818,888 shares, compared to its average volume of 8,873,360. The business has a 50 day moving average price of $156.49 and a 200-day moving average price of $161.38. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.62 and a quick ratio of 1.99. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $230.63. The stock has a market cap of $153.94 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 2.01 and a beta of 1.28.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last released its earnings results on Wednesday, February 5th. The wireless technology company reported $2.86 earnings per share for the quarter, missing analysts' consensus estimates of $2.93 by ($0.07). QUALCOMM had a net margin of 25.94% and a return on equity of 39.51%. As a group, analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Benchmark reaffirmed a "buy" rating and issued a $240.00 price objective on shares of QUALCOMM in a report on Friday, February 7th. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $160.00 price target on shares of QUALCOMM in a report on Thursday, February 6th. Rosenblatt Securities reiterated a "buy" rating and set a $250.00 price objective on shares of QUALCOMM in a research note on Thursday, February 6th. Piper Sandler cut their target price on QUALCOMM from $205.00 to $190.00 and set an "overweight" rating for the company in a research note on Thursday, February 6th. Finally, Barclays decreased their price target on QUALCOMM from $200.00 to $185.00 and set an "overweight" rating on the stock in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $201.21.

Read Our Latest Stock Analysis on QUALCOMM

QUALCOMM Company Profile

(Free Report)

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

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