TSR, Inc. (TSRI) Reaches $5.25 Formed H&S; Vident Investment Advisory Has Lifted Qualcomm (QCOM) Stake By $2.67 Million

May 16, 2018 - By rebbecca

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Vident Investment Advisory Llc increased Qualcomm Inc (QCOM) stake by 16.26% reported in 2017Q4 SEC filing. Vident Investment Advisory Llc acquired 41,681 shares as Qualcomm Inc (QCOM)’s stock declined 15.28%. The Vident Investment Advisory Llc holds 298,020 shares with $19.08 million value, up from 256,339 last quarter. Qualcomm Inc now has $82.49 billion valuation. The stock decreased 1.94% or $1.1 during the last trading session, reaching $55.64. About 10.10M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 16, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

TSR, Inc. (TSRI) formed H&S with $5.04 target or 4.00% below today’s $5.25 share price. TSR, Inc. (TSRI) has $10.30 million valuation. The stock decreased 0.94% or $0.05 during the last trading session, reaching $5.25. About 14,889 shares traded or 187.71% up from the average. TSR, Inc. (NASDAQ:TSRI) has risen 25.66% since May 16, 2017 and is uptrending. It has outperformed by 14.11% the S&P500.

Since February 14, 2018, it had 0 insider purchases, and 2 sales for $537,376 activity. On Wednesday, February 14 the insider HUGHES JOSEPH F sold $268,688. Hughes Winifred also sold $268,688 worth of TSR, Inc. (NASDAQ:TSRI) on Wednesday, February 14.

Investors sentiment increased to 2 in 2017 Q4. Its up 1.75, from 0.25 in 2017Q3. It increased, as 2 investors sold TSR, Inc. shares while 0 reduced holdings. 2 funds opened positions while 2 raised stakes. 201,850 shares or 9.55% more from 184,246 shares in 2017Q3 were reported. 23,470 were accumulated by Vanguard Gru Incorporated. Acadian Asset Lc reported 2,152 shares. 74,850 are held by Renaissance Technologies Lc. Dimensional Fund L P reported 80,030 shares. Deutsche National Bank Ag accumulated 0% or 3,848 shares.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 2 Sell and 19 Hold. Therefore 43% are positive. Qualcomm Inc. has $315.0 highest and $47 lowest target. $71.85’s average target is 29.13% above currents $55.64 stock price. Qualcomm Inc. had 154 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Monday, January 29 report. The rating was maintained by RBC Capital Markets on Monday, June 5 with “Hold”. The stock has “Buy” rating by Canaccord Genuity on Thursday, November 5. The firm has “Buy” rating by Canaccord Genuity given on Thursday, July 21. RBC Capital Markets upgraded QUALCOMM Incorporated (NASDAQ:QCOM) on Wednesday, November 8 to “Outperform” rating. Charter Equity downgraded QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, January 24 to “Mkt Perform” rating. Canaccord Genuity maintained it with “Buy” rating and $86.0 target in Tuesday, January 16 report. As per Wednesday, April 25, the company rating was maintained by BMO Capital Markets. The company was maintained on Monday, October 3 by RBC Capital Markets. The firm has “Hold” rating given on Monday, November 6 by Standpoint Research.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “China Eases the Pressure on Qualcomm’s NXP Deal” on May 15, 2018, also Investorplace.com with their article: “Speculators Are Piling into Qualcomm, Inc. Stock for Two Big Reasons” published on May 14, 2018, Benzinga.com published: “Dan Nathan Sees Unusual Options Activity In Qualcomm” on May 15, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Why NXP Semiconductors Stock Is Soaring Today” published on May 14, 2018 as well as Seekingalpha.com‘s news article titled: “Apple Stymies Qualcomm’s Quarterly Results” with publication date: April 30, 2018.

Investors sentiment decreased to 0.83 in Q4 2017. Its down 0.02, from 0.85 in 2017Q3. It turned negative, as 89 investors sold QCOM shares while 518 reduced holdings. 160 funds opened positions while 346 raised stakes. 1.11 billion shares or 0.73% more from 1.10 billion shares in 2017Q3 were reported. Selway Asset Management holds 57,600 shares. San Francisco Sentry Investment Gru (Ca) has 22,631 shares. Viking Fund Mngmt Ltd holds 0.65% or 62,000 shares. Global X Mgmt Limited Liability accumulated 0.07% or 48,119 shares. Kanawha Mngmt Ltd Liability Co reported 61,895 shares. Gofen Glossberg Ltd Co Il holds 0.5% or 218,715 shares. Magellan Asset, Australia-based fund reported 352 shares. Private Ocean Limited Com reported 0% stake. Jet Capital Ltd Partnership holds 1.41% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 475,000 shares. Gateway Investment Advisers Llc holds 0.47% in QUALCOMM Incorporated (NASDAQ:QCOM) or 864,344 shares. Private Asset holds 699,138 shares. Twin Tree Mgmt LP reported 0% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Sterling Capital Ltd Liability Co reported 0.49% stake. New Jersey Better Educational Savings Tru owns 10,000 shares. Glg Prns Ltd Partnership invested 1.17% in QUALCOMM Incorporated (NASDAQ:QCOM).

Vident Investment Advisory Llc decreased Flex Ltd (NASDAQ:FLEX) stake by 18,479 shares to 196,253 valued at $3.53 million in 2017Q4. It also reduced Chipotle Mexican Grill Inc (NYSE:CMG) stake by 1,296 shares and now owns 3,678 shares. Cognizant Technology Solutio (NASDAQ:CTSH) was reduced too.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart