LLC Sells 4223 Shares of QUALCOMM, Inc. (NASDAQ:QCOM)

Annette Crawford
January 13, 2018

Nordea Investment Management AB now owns 5,912,226 shares of the wireless technology company's stock valued at $339,007,000 after purchasing an additional 5,054,642 shares during the last quarter. Qualcomm Inc Com now has $97.09 billion valuation.

Shares of QUALCOMM (NASDAQ:QCOM) traded down 0.8931% during mid-day trading on Thursday, reaching $52.6753. About 542,826 shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since January 11, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

Ted Kang decreased its stake in Align Technology Inc (ALGN) by 17.13% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 2.35M shares of the edp services company at the end of 2017Q3, valued at $57.84M, down from 2.37M at the end of the previous reported quarter. Caledonia Investments Plc who had been investing in At&T Inc for a number of months, seems to be bullish on the $223.95B market cap company. The stock increased 0.03% or $0.03 during the last trading session, reaching $93.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, November 1st. It has outperformed by 42.79% the S&P500.

Investors sentiment decreased to 1.63 in Q3 2017. Shareholders of record on Wednesday, March 1st will be given a dividend of $0.53 per share. 26 funds opened positions while 76 raised stakes. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management has 319,800 shares for 0.16% of their portfolio. The Texas-based Fayez Sarofim And Company has invested 0.01% in AT&T Inc. Invesco Ltd invested in 0.01% or 1.76 million shares. Wells Fargo Mn has 2.51 million shares. Gsa Cap Prns Ltd Liability Partnership holds 0.04% or 10,346 shares in its portfolio. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned "Buy" rating by UBS on Monday, November 6. Arrowmark Colorado Llc owns 401,645 shares for 0.11% of their portfolio. Fred Alger Mgmt Inc reported 0.01% stake. Price T Rowe Assocs Inc Md has 0% invested in Silicon Laboratories Inc. Moreover, King Luther Mgmt has 0.07% invested in Acxiom Corporation (NASDAQ:ACXM). 48,984 are held by Meritage Port. Cetera Advisor Network Limited accumulated 30,628 shares or 0.07% of the stock. Needelman Asset Mgmt, a California-based fund reported 16,945 shares.

Among 3 analysts covering Energous Corp (NASDAQ:WATT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 100% are positive. Energous Corp had 9 analyst reports since August 14, 2015 according to SRatingsIntel. The company was upgraded on Friday, August 5 by BMO Capital Markets. Mizuho restated a "buy" rating on shares of QUALCOMM in a research report on Friday, October 27th. The firm earned "Hold" rating on Monday, November 13 by Bernstein. The stock has "Buy" rating by Dougherty & Company on Friday, November 18. RBC Capital Markets maintained The Priceline Group Inc. BNP Paribas reiterated a "hold" rating and issued a $54.00 target price on shares of QUALCOMM in a research note on Sunday, October 9th. Stock Has Fallen into a Lose-Lose Situation" published on January 12, 2018 as well as Investorplace.com's news article titled: "Qualcomm, Inc. Stifel Nicolaus maintained it with "Buy" rating and $6500 target in Wednesday, June 28 report. Hood River Ltd Limited Liability Company reported 1.03% of its portfolio in Energous Corporation (NASDAQ:WATT). During the same period past year, the firm earned $1.28 EPS. ACXM's profit will be $8.72M for 63.95 P/E if the $0.11 EPS becomes a reality.


Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.13, from 0.98 in 2017Q2. It worsened, as 83 investors sold QCOM shares while 490 reduced holdings. Jennison Associates LLC raised its position in QUALCOMM by 139.4% in the third quarter. Nuveen Asset Management Limited Liability Com has invested 0.1% in QUALCOMM Incorporated (NASDAQ:QCOM). Wedgewood Inc owns 3.01 million shares. Following the sale, the executive vice president now directly owns 12,035 shares of the company's stock, valued at $824,638.20. Kanawha Mngmt Lc reported 66,758 shares. Cape Cod Five Cents National Bank, Massachusetts-based fund reported 25,855 shares.

Qualcomm Inc De holds 72.33% of its portfolio in QUALCOMM Incorporated for 734,830 shares. Montag And Caldwell Lc reported 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Tradition Cap Mngmt Ltd Llc has invested 2% in QUALCOMM Incorporated (NASDAQ:QCOM). Blue Ridge Capital Llc bought 68,526 shares as the company's stock rose 10.44% with the market. Viking Fund Management holds 0.55% or 67,000 shares in its portfolio. Pier Limited Liability Co owns 90,607 shares. The firm's revenue for the quarter was down 3.5% on a year-over-year basis. analysts forecast that QUALCOMM, Inc. will post 3.07 earnings per share for the current year. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company.

Ratings analysis reveals 42% of Qualcomm Inc.'s analysts are positive. Northern Trust Corp now owns 19,519,161 shares of the wireless technology company's stock valued at $1,077,848,000 after buying an additional 499,531 shares during the period. Canaccord Genuity maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, November 5 with "Buy" rating. The company was downgraded on Friday, July 15 by BMO Capital Markets. The stock has "Buy" rating by Vetr on Wednesday, August 19. The company was maintained on Thursday, November 2 by Stifel Nicolaus. The stock has "Neutral" rating by Nomura on Monday, January 23. The company was maintained on Thursday, August 10 by Oppenheimer. RBC Capital Markets maintained it with "Hold" rating and $55.0 target in Friday, September 8 report.

Caledonia Investments Plc, which manages about $346.84M US Long portfolio, decreased its stake in Bristow Group Inc (NYSE:BRS) by 33,440 shares to 2.82 million shares, valued at $26.32M in 2017Q3, according to the filing.

Since August 20, 2017, it had 0 insider buys, and 4 selling transactions for $303,257 activity. 43,000 QUALCOMM Incorporated (NASDAQ:QCOM) shares with value of $2.81 million were sold by GROB MATTHEW S. 4,740 shares were sold by STERLING MICHELLE M, worth $245,919.

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