QUALCOMM Incorporated

(NASDAQ Global Select)
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Bullish +65

Qualcomm Incorporated $QCOM Shares Sold by Banco Bilbao Vizcaya ...

AI-generated analysis

πŸ“‰ Banco Bilbao Vizcaya Argentaria S.A. decreased its QCOM holdings by 3.3% in the 4th quarter, selling 9,857 shares while retaining a position worth $50 million.

πŸ“ˆ Brighton Jones LLC significantly increased its stake by 116.6%, acquiring an additional 9,343 shares to own a total of 17,356 shares valued at $2.67 million.

πŸ’° Other institutional investors including Revolve Wealth Partners and Sivia Capital Partners also boosted their positions in the wireless technology company during recent quarters.

πŸ“‰ EVP Heather S. Ace sold 3,200 shares for $569,024 under a pre-arranged trading plan, reducing her personal stake by 7.45%.

πŸ“‰ CAO Patricia Y. Grech sold 829 shares for $167,267 in late May, also executed via a Rule 10b5-1 trading plan.

πŸ’Έ Insiders collectively sold 21,806 shares worth approximately $3.9 million over the last quarter, though they still own 0.05% of the company's stock.

πŸ“Š Qualcomm reported Q4 earnings of $2.65 EPS, beating the consensus estimate of $2.56 with revenue of $10.60 billion slightly above expectations.

πŸš€ The company's revenue declined 3.5% year-over-year to $10.60 billion, yet maintained a strong return on equity of 42.11% and net margin of 22.31%.

πŸ’΅ Qualcomm declared a quarterly dividend of $0.92 per share payable on June 25th, marking an increase from the previous $0.89 dividend.

πŸ”„ The board approved a new $20 billion share repurchase plan, authorizing the company to buy back up to 14.5% of its outstanding shares.

πŸ“ˆ Analysts forecast Qualcomm will achieve approximately $8 EPS for the current fiscal year based on current market expectations.

🎯 Q3 2026 earnings guidance has been set between $2.10 and $2.30 per share by company management.

Bullish Signals
  • Qualcomm beat quarterly earnings estimates with EPS of $2.65 versus the consensus of $2.56, demonstrating strong operational performance.
  • The company reported revenue of $10.60 billion which slightly exceeded the analyst consensus estimate of $10.59 billion.
  • Management approved a substantial $20 billion share repurchase plan, indicating confidence that the stock is undervalued.
  • Qualcomm increased its quarterly dividend to $0.92 per share from the previous $0.89, raising the annualized yield to 1.7%.
  • The company maintains a robust financial profile with a current ratio of 2.37 and a healthy debt-to-equity ratio of 0.54.
  • Strong profitability metrics include a return on equity of 42.11% and a net margin of 22.31%.
  • Multiple institutional investors, including Brighton Jones LLC, increased their stakes significantly in the fourth quarter.
Risk Factors
  • Qualcomm's revenue declined by 3.5% on a year-over-year basis to $10.60 billion during the reported quarter.
  • Insiders sold a total of 21,806 shares worth approximately $3.9 million over the last quarter, though this is within pre-arranged plans.
  • The stock trades at a high PEG ratio of 26.48 relative to its P/E ratio of 23.15, suggesting potential valuation concerns.
Full Analysis
Banco Bilbao Vizcaya Argentaria S.A. reduced its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 3.3% during the fourth quarter, selling 9,857 shares to hold a remaining position of 291,874 shares valued at approximately $50 million. Conversely, several other institutional investors increased their holdings, with Brighton Jones LLC boosting its position by 116.6% to own 17,356 shares, while Revolve Wealth Partners and Sivia Capital Partners also added to their stakes in the wireless technology company. Insider trading activity saw executives Heather S. Ace and Patricia Y. Grech sell portions of their holdings under pre-arranged Rule 10b5-1 plans, with Ace selling 3,200 shares and Grech selling 829 shares in May. Over the last quarter, insiders collectively sold 21,806 shares worth roughly $3.9 million, though they still retain a small 0.05% ownership stake. The company recently reported strong quarterly earnings with EPS of $2.65 beating estimates and revenue of $10.60 billion slightly exceeding consensus. Qualcomm has announced a new $20 billion share repurchase plan approved by its board, allowing the reacquisition of up to 14.5% of outstanding shares, signaling management's confidence in the stock's valuation. Additionally, the company declared a quarterly dividend of $0.92 per share payable on June 25th, representing an increase from the previous quarter and yielding 1.7%. Analysts predict Qualcomm will post approximately $8 EPS for the current fiscal year, with Q3 2026 guidance set between $2.10 and $2.30.