QUALCOMM (QCOM) Forms $65.66 Double Top; First Wilshire Securities Management Cut Service Intl (SCI) Holding

QUALCOMM Incorporated (QCOM) formed double top with $67.63 target or 3.00% above today’s $65.66 share price. QUALCOMM Incorporated (QCOM) has $97.20B valuation. The stock increased 2.61% or $1.67 during the last trading session, reaching $65.66. About 13.69M shares traded or 22.98% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since February 13, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

First Wilshire Securities Management Inc decreased Service Corp Intl (SCI) stake by 3.15% reported in 2017Q3 SEC filing. First Wilshire Securities Management Inc sold 11,175 shares as Service Corp Intl (SCI)’s stock rose 2.01%. The First Wilshire Securities Management Inc holds 343,551 shares with $11.85M value, down from 354,726 last quarter. Service Corp Intl now has $7.07B valuation. The stock increased 2.72% or $1 during the last trading session, reaching $37.7. About 1.80 million shares traded or 61.38% up from the average. Service Corporation International (NYSE:SCI) has risen 20.29% since February 13, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.13, from 0.98 in 2017Q2. It worsened, as 83 investors sold QUALCOMM Incorporated shares while 490 reduced holdings. 89 funds opened positions while 397 raised stakes. 1.10 billion shares or 0.88% less from 1.11 billion shares in 2017Q2 were reported. Boston Private Wealth Ltd Liability Company reported 0.13% stake. Viking Fund Mngmt Ltd Liability Company owns 67,000 shares for 0.55% of their portfolio. New York-based Rothschild Asset Mngmt Inc has invested 0.52% in QUALCOMM Incorporated (NASDAQ:QCOM). Orrstown Fincl Services Incorporated has invested 0.04% in QUALCOMM Incorporated (NASDAQ:QCOM). Torch Wealth Mgmt Limited Liability holds 0.24% or 7,000 shares. Bangor National Bank & Trust invested 0.35% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Gotham Asset Management Ltd Liability Corporation stated it has 0.37% in QUALCOMM Incorporated (NASDAQ:QCOM). Colonial Trust invested 0.05% in QUALCOMM Incorporated (NASDAQ:QCOM). Aull Monroe Investment Mgmt Corporation has invested 0.17% in QUALCOMM Incorporated (NASDAQ:QCOM). Clear Harbor Asset Mngmt Ltd Liability Corp invested in 9,633 shares or 0.1% of the stock. Weiss Multi reported 40,000 shares. Optimum reported 17,207 shares. Deprince Race And Zollo Inc invested in 0.6% or 511,471 shares. Moreover, First Heartland Consultants Inc has 0.12% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 9,745 shares. Texas Permanent School Fund stated it has 409,442 shares or 0.27% of all its holdings.

Since August 20, 2017, it had 0 buys, and 6 sales for $3.16 million activity. On Monday, August 28 the insider ROGERS ALEXANDER H sold $19,860. STERLING MICHELLE M sold $245,919 worth of stock or 4,740 shares. On Tuesday, January 9 the insider GROB MATTHEW S sold $2.81 million.

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 19 Hold. Therefore 44% are positive. Qualcomm Inc. has $315.0 highest and $47 lowest target. $75.54’s average target is 15.05% above currents $65.66 stock price. Qualcomm Inc. had 131 analyst reports since July 23, 2015 according to SRatingsIntel. The company was upgraded on Monday, October 31 by Nomura. The rating was downgraded by Barclays Capital on Monday, March 28 to “Equal-Weight”. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Outperform” rating given on Thursday, July 21 by RBC Capital Markets. Stifel Nicolaus maintained it with “Buy” rating and $65.0 target in Thursday, November 2 report. JP Morgan upgraded the stock to “Overweight” rating in Thursday, December 17 report. The company was maintained on Thursday, September 29 by Argus Research. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, November 29. CLSA initiated the stock with “Outperform” rating in Tuesday, May 17 report. The rating was upgraded by Raymond James on Wednesday, November 8 to “Outperform”. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Thursday, November 5 by Canaccord Genuity.

Investors sentiment increased to 1.23 in Q3 2017. Its up 0.17, from 1.06 in 2017Q2. It is positive, as 14 investors sold SCI shares while 99 reduced holdings. 47 funds opened positions while 92 raised stakes. 153.11 million shares or 0.62% less from 154.07 million shares in 2017Q2 were reported. Td Asset accumulated 0% or 22,700 shares. Twin Tree Management Limited Partnership owns 0% invested in Service Corporation International (NYSE:SCI) for 4,684 shares. Thompson Davis & Com invested 0.05% in Service Corporation International (NYSE:SCI). Stifel Corporation has invested 0.01% in Service Corporation International (NYSE:SCI). 4,569 are held by Prelude Capital Mgmt Lc. Green Square Capital Ltd Liability Co stated it has 0.05% of its portfolio in Service Corporation International (NYSE:SCI). The Japan-based Daiwa Securities Grp has invested 0.04% in Service Corporation International (NYSE:SCI). Netherlands-based Ing Groep Nv has invested 0.01% in Service Corporation International (NYSE:SCI). Acadian Asset Mngmt has invested 0.2% in Service Corporation International (NYSE:SCI). Magnetar Lc holds 0.01% or 8,098 shares in its portfolio. Asset Management One has 0% invested in Service Corporation International (NYSE:SCI) for 5,500 shares. Alleghany Corporation De, a New York-based fund reported 1.34M shares. Nomura Holding owns 8,131 shares. Moreover, Aperio Group Inc Ltd Llc has 0.01% invested in Service Corporation International (NYSE:SCI) for 49,425 shares. The Massachusetts-based Geode Capital Management Llc has invested 0.02% in Service Corporation International (NYSE:SCI).