Quent Long Short Global Small Cap Fund LP Makes New Investment in Qualcomm Incorporated $QCOM
by Amy Steele · The Cerbat GemQuent Long Short Global Small Cap Fund LP bought a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,817 shares of the wireless technology company’s stock, valued at approximately $824,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. waypoint wealth counsel grew its stake in shares of Qualcomm by 2.2% during the third quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after buying an additional 61 shares during the last quarter. Greykasell Wealth Strategies Inc. grew its stake in shares of Qualcomm by 1.5% during the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock worth $686,000 after buying an additional 61 shares during the last quarter. Baron Wealth Management LLC grew its stake in shares of Qualcomm by 4.5% during the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock worth $238,000 after buying an additional 62 shares during the last quarter. Certified Advisory Corp grew its stake in shares of Qualcomm by 0.6% during the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after buying an additional 62 shares during the last quarter. Finally, Elser Financial Planning Inc grew its stake in shares of Qualcomm by 3.7% during the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after buying an additional 63 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.
Insider Activity at Qualcomm
In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the transaction, the executive vice president directly owned 16,393 shares in the company, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $130.34, for a total transaction of $325,850.00. Following the transaction, the executive vice president directly owned 30,684 shares in the company, valued at $3,999,352.56. This trade represents a 7.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 9,118 shares of company stock worth $1,233,705 over the last quarter. 0.05% of the stock is currently owned by company insiders.
More Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Neutral Sentiment: MSN flags April 29 as an important date for Qualcomm investors — a near‑term event or update that could move the stock depending on guidance or news. Why is April 29 important for Qualcomm investors?
- Negative Sentiment: Barclays reinstated coverage with an Underweight rating and $130 target, signaling limited near‑term upside and reinforcing bearish analyst views on handset exposure. Barclays Reinstates Qualcomm at Underweight With a $130 Target
- Negative Sentiment: Comparisons with peers (Cirrus Logic) paint Qualcomm as the weaker handset play: CRUS is highlighted for stronger stock gains and rising estimates while Qualcomm faces supply constraints and cautious demand forecasts. Cirrus Logic vs. Qualcomm: Which Mobile Chip Stock is the Better Buy?
- Negative Sentiment: Coverage roundups and valuation pieces note a cluster of analyst downgrades citing weak smartphone demand, higher memory costs and few near‑term catalysts — factors pressuring sentiment and the stock’s recent performance. A Look At Qualcomm (QCOM) Valuation As Analyst Downgrades Highlight Handset Weakness And Limited Near Term Catalysts
- Negative Sentiment: Analysts expect a decline in upcoming earnings, lowering the bar for any upside and increasing the risk of another miss should demand softness persist. Analysts Estimate Qualcomm (QCOM) to Report a Decline in Earnings: What to Look Out for
- Negative Sentiment: Market writeups tie the intraday selloff to these analyst actions and cautious guidance, explaining why QCOM underperformed the broader market recently. Why Qualcomm (QCOM) Dipped More Than Broader Market Today
Qualcomm Stock Performance
Shares of Qualcomm stock opened at $133.95 on Friday. The company’s fifty day moving average is $134.17 and its 200 day moving average is $155.58. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $205.95. The stock has a market cap of $142.92 billion, a price-to-earnings ratio of 27.68 and a beta of 1.28. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64.
Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating the consensus estimate of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The business had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. During the same period in the prior year, the business posted $3.41 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Sell-side analysts forecast that Qualcomm Incorporated will post 8.25 EPS for the current year.
Qualcomm declared that its Board of Directors has initiated a share repurchase program on Tuesday, March 17th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.
Qualcomm Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a $0.92 dividend. The ex-dividend date is Thursday, June 4th. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 2.7%. Qualcomm’s dividend payout ratio (DPR) is currently 73.55%.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on QCOM shares. Seaport Research Partners reaffirmed a “sell” rating and issued a $100.00 price objective on shares of Qualcomm in a research note on Monday, March 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualcomm in a research note on Friday, March 27th. Piper Sandler reaffirmed an “overweight” rating and issued a $200.00 price objective on shares of Qualcomm in a research note on Thursday, February 5th. DZ Bank raised Qualcomm to a “strong-buy” rating in a research note on Tuesday, February 10th. Finally, Robert W. Baird set a $177.00 price objective on shares of Qualcomm in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Qualcomm has an average rating of “Hold” and a consensus price target of $158.25.
Read Our Latest Stock Report on QCOM
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.