<div id="readability-page-1"><p>Matrix Asset Advisors Inc. NY raised its position in shares of  QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 8.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor  owned 207,733 shares of the wireless technology company's stock after buying an additional 17,036 shares during the quarter. QUALCOMM accounts for  3.3% of Matrix Asset Advisors Inc. NY's portfolio, making the stock its 6th largest position. Matrix Asset Advisors Inc. NY's holdings in QUALCOMM were worth $33,083,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>MarketBeat Week in Review – 09/29 - 10/03</li></ul><p>A number of other hedge funds also recently bought and sold shares of the company. Atlantic Edge Private Wealth Management LLC lifted its position in shares of  QUALCOMM by 70.0% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company's stock worth $26,000 after purchasing an additional 70 shares in the last quarter.  Vermillion &amp; White Wealth Management Group LLC lifted its position in shares of  QUALCOMM by 122.4% in the first quarter. Vermillion &amp; White Wealth Management Group LLC now owns 169 shares of the wireless technology company's stock worth $26,000 after purchasing an additional 93 shares in the last quarter.  Chung Wu Investment Group LLC purchased a new stake in shares of  QUALCOMM in the second quarter worth approximately $32,000.  Atticus Wealth Management LLC lifted its position in shares of  QUALCOMM by 21,200.0% in the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company's stock worth $34,000 after purchasing an additional 212 shares in the last quarter.  Finally, Abound Financial LLC purchased a new stake in shares of  QUALCOMM in the first quarter worth approximately $39,000. 74.35% of the stock is owned by hedge funds and other institutional investors. </p><h2>Insider Activity at QUALCOMM</h2><p>In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. This trade represents a 50.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Patricia Y. Grech sold 273 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $161.42, for a total value of $44,067.66. Following the transaction, the chief accounting officer owned 404 shares in the company, valued at approximately $65,213.68. This trade represents a 40.32% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 159,767 shares of company stock valued at $26,322,745. 0.08% of the stock is owned by company insiders. </p><h2>QUALCOMM Trading Down 7.3%</h2><ul><li>Qualcomm Is on Its Biggest Uptrend in 2 Years—Can It Continue?</li></ul><p>NASDAQ:QCOM opened at $153.64 on Friday. The stock's 50 day moving average price is $160.39 and its 200 day moving average price is $153.45. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10. The company has a market capitalization of $165.77 billion, a P/E ratio of 14.82, a P/E/G ratio of 2.24 and a beta of 1.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. </p><p>QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter last year, the company posted $2.33 earnings per share. The company's revenue for the quarter was up 10.4% compared to the same quarter last year.  QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, research analysts forecast that  QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year. </p><h2>Analysts Set New Price Targets</h2><ul><li>MarketBeat Week in Review – 09/22 - 09/26</li></ul><p>QCOM has been the subject of a number of research analyst reports. Arete raised shares of QUALCOMM from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and set a $200.00 price target for the company in a research report on Tuesday, August 26th. Mizuho reduced their price target on shares of QUALCOMM from $190.00 to $185.00 and set an &#34;outperform&#34; rating for the company in a research report on Thursday, July 31st. JPMorgan Chase &amp; Co. increased their price target on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an &#34;overweight&#34; rating in a research report on Monday, July 28th. Piper Sandler dropped their price objective on QUALCOMM from $190.00 to $175.00 and set an &#34;overweight&#34; rating on the stock in a report on Thursday, July 31st. Finally, Arete Research  set a $200.00 price objective on QUALCOMM in a report on Tuesday, August 26th. One research analyst  has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one  has issued  a Sell rating to the company's stock. According to MarketBeat, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $182.82.</p><p><b>Check Out Our Latest Stock Analysis on QUALCOMM</b></p><h2>About QUALCOMM</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than QUALCOMM</li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>Bassett Furniture: Buy Now, Sit Back, and Collect Dividends</li><li>3 Natural Gas Stocks That Offer Great Dividend Yields</li><li>AST SpaceMobile's Big Win: Shares Soar on New Deal With Verizon</li><li>Best ESG Stocks: 11 Best Stocks for ESG Investing</li><li>Catch the Next Bitcoin Rally With These 3 ETFs</li></ul><p><strong>Want to see what other hedge funds are holding QCOM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QUALCOMM Incorporated (NASDAQ:QCOM - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UUNPTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UUNPTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in QUALCOMM Right Now?</h2><p>Before you consider QUALCOMM, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and QUALCOMM wasn't on the list.</p><p>While QUALCOMM currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

QCOM

<p>Matrix Asset Advisors Inc. NY increased its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 8.9% in Q2, owning 207,733 shares valued at $33.08 million, making it the 6th largest position in their portfolio. Other hedge funds also adjusted their holdings in QCOM. CEO Cristiano R. Amon sold 150,000 shares, reducing his ownership by 50.12%. QUALCOMM's stock opened at $153.64, with a market cap of $165.77 billion and a P/E ratio of 14.82. The company reported a Q3 EPS of $2.77, exceeding estimates, and has set Q4 guidance at 2.750-2.950 EPS.</p>

- Matrix Asset Advisors Inc. NY increased its stake in QUALCOMM by 8.9%, owning 207,733 shares valued at $33,083,000.  
- Other hedge funds also adjusted their positions, with significant increases from Atlantic Edge Private Wealth Management and Vermillion & White Wealth Management.  
- QUALCOMM reported a quarterly EPS of $2.77, exceeding estimates, and has set a Q4 2025 guidance of 2.750-2.950 EPS, with analysts maintaining a Moderate Buy rating.

QUALCOMM Incorporated $QCOM is Matrix Asset Advisors Inc. NY's 6th Largest Position