LSV Asset Management Has $459.18 Million Stake in QUALCOMM Incorporated (NASDAQ:QCOM) (2025)

LSV Asset Management increased its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 15.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,989,072 shares of the wireless technology company's stock after purchasing an additional 392,802 shares during the quarter. QUALCOMM makes up about 1.1% of LSV Asset Management's investment portfolio, making the stock its 13th biggest holding. LSV Asset Management owned 0.27% of QUALCOMM worth $459,181,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in QCOM. Nordea Investment Management AB lifted its position in shares of QUALCOMM by 39.7% in the fourth quarter. Nordea Investment Management AB now owns 1,841,103 shares of the wireless technology company's stock valued at $284,708,000 after buying an additional 523,244 shares during the last quarter. China Universal Asset Management Co. Ltd. increased its stake in shares of QUALCOMM by 21.9% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 27,596 shares of the wireless technology company's stock worth $4,239,000 after purchasing an additional 4,955 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of QUALCOMM in the fourth quarter valued at about $2,058,000. Burney Co. increased its holdings in shares of QUALCOMM by 665.6% during the fourth quarter. Burney Co. now owns 146,911 shares of the wireless technology company's stock worth $22,568,000 after purchasing an additional 127,722 shares during the period. Finally, Howard Bailey Securities LLC bought a new position in QUALCOMM during the 4th quarter worth $240,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

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QUALCOMM Price Performance

QCOM traded up $4.85 on Friday, reaching $139.25. The company had a trading volume of 10,947,680 shares, compared to its average volume of 8,878,501. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $230.63. The company has a current ratio of 2.62, a quick ratio of 1.99 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $154.01 billion, a P/E ratio of 14.88, a PEG ratio of 2.01 and a beta of 1.28. The company has a fifty day moving average of $156.49 and a 200-day moving average of $161.46.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last issued its quarterly 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, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Heather S. Ace sold 1,600 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $154.24, for a total transaction of $246,784.00. Following the sale, the insider now owns 24,393 shares in the company, valued at approximately $3,762,376.32. This represents a 6.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Akash J. Palkhiwala sold 269 shares of the firm's stock in a transaction on Monday, April 7th. The shares were sold at an average price of $131.10, for a total value of $35,265.90. Following the sale, the chief financial officer now directly owns 57,728 shares of the company's stock, valued at $7,568,140.80. This represents a 0.46 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 30,666 shares of company stock worth $5,047,052. 0.08% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Evercore ISI cut their target price on shares of QUALCOMM from $199.00 to $179.00 and set an "in-line" rating on the stock in a research report on Thursday, February 6th. Piper Sandler decreased their price objective on shares of QUALCOMM from $205.00 to $190.00 and set an "overweight" rating for the company in a research report on Thursday, February 6th. Mizuho dropped their price target on QUALCOMM from $245.00 to $215.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Citigroup lowered their price objective on shares of QUALCOMM from $185.00 to $145.00 and set a "neutral" rating for the company in a research note on Friday. Finally, Benchmark reiterated a "buy" rating and set a $240.00 target price on shares of QUALCOMM in a research report on Friday, February 7th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat, QUALCOMM presently has a consensus rating of "Hold" and a consensus target price of $201.21.

Check Out Our Latest Report 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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LSV Asset Management Has $459.18 Million Stake in QUALCOMM Incorporated (NASDAQ:QCOM) (1)

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LSV Asset Management Has $459.18 Million Stake in QUALCOMM Incorporated (NASDAQ:QCOM) (2025)
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