SBI Okasan Asset Management Co.Ltd. Takes $4.93 Million Position in Qualcomm Incorporated $QCOM

SBI Okasan Asset Management Co.Ltd. purchased a new stake in Qualcomm Incorporated (NASDAQ:QCOM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 28,400 shares of the wireless technology company’s stock, valued at approximately $4,925,000. Qualcomm makes up 0.3% of SBI Okasan Asset Management Co.Ltd.’s investment portfolio, making the stock its 11th biggest holding.

Several other hedge funds also recently made changes to their positions in the stock. Greykasell Wealth Strategies Inc. grew its position in shares of Qualcomm by 1.5% in the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after purchasing an additional 61 shares in the last quarter. Certified Advisory Corp boosted its stake in Qualcomm by 0.6% during the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock valued at $1,678,000 after buying an additional 62 shares during the period. ProVise Management Group LLC boosted its stake in Qualcomm by 2.6% during the third quarter. ProVise Management Group LLC now owns 2,560 shares of the wireless technology company’s stock valued at $426,000 after buying an additional 64 shares during the period. Baker Tilly Wealth Management LLC boosted its stake in Qualcomm by 1.0% during the fourth quarter. Baker Tilly Wealth Management LLC now owns 6,401 shares of the wireless technology company’s stock valued at $1,095,000 after buying an additional 64 shares during the period. Finally, Dakota Community Bank & Trust NA boosted its stake in Qualcomm by 3.6% during the fourth quarter. Dakota Community Bank & Trust NA now owns 1,847 shares of the wireless technology company’s stock valued at $316,000 after buying an additional 65 shares during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president owned 39,735 shares in the company, valued at $7,065,677.70. The trade was a 7.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the transaction, the chief executive officer owned 197,568 shares in the company, valued at approximately $35,562,240. This represents a 4.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 19,306 shares of company stock worth $3,435,583 in the last quarter. 0.05% of the stock is currently owned by company insiders.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm reportedly landed its biggest AI deal yet, with ByteDance choosing custom Qualcomm chips for AI workloads, which could strengthen Qualcomm’s push into data center and enterprise AI markets. While Nvidia Battles AMD, Qualcomm Quietly Signed the Biggest AI Deal in Its History. With ByteDance
• Positive Sentiment: Multiple reports say Qualcomm’s TikTok parent deal is an eye-catching strategic move that may open a new growth avenue in AI chips, helping justify the stock’s recent strength. Qualcomm makes eye-catching move with TikTok parent deal
• Neutral Sentiment: Qualcomm also presented at Bernstein’s Strategic Decisions Conference, which may have provided additional color on its AI and growth strategy, but no major new catalyst was included in the headline. QUALCOMM Incorporated (QCOM) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Neutral Sentiment: A short-interest update showed no meaningful change in bearish positioning, so it does not appear to be a material driver of the stock move.
• Negative Sentiment: No major negative company-specific news was provided in these articles; the main risk is that investors may be pricing in a lot of optimism after the sharp recent run-up.

Qualcomm Trading Up 4.2%

NASDAQ QCOM opened at $243.29 on Friday. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $258.00. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. The stock has a 50-day moving average of $163.66 and a 200-day moving average of $160.62. The firm has a market cap of $256.43 billion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 28.91 and a beta of 1.49.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. During the same quarter in the previous year, the company posted $2.85 EPS. Qualcomm’s revenue for the quarter was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts forecast that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm declared that its Board of Directors has initiated a share repurchase plan on Tuesday, March 17th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the wireless technology company to reacquire up to 14.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

Qualcomm Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a dividend of $0.92 per share. The ex-dividend date is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 1.5%. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio (DPR) is presently 38.70%.

Analysts Set New Price Targets

QCOM has been the subject of several research analyst reports. Zacks Research raised Qualcomm from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Argus set a $220.00 price objective on Qualcomm in a research note on Friday, May 1st. Susquehanna lifted their price objective on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Piper Sandler reaffirmed an “overweight” rating and set a $200.00 price target on shares of Qualcomm in a research note on Thursday, February 5th. Finally, Barclays lifted their price target on Qualcomm from $130.00 to $150.00 and gave the stock an “underweight” rating in a research note on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Qualcomm presently has an average rating of “Hold” and a consensus price target of $181.79.

Qualcomm Company Profile

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.