Qualcomm Incorporated $QCOM Shares Bought by Taikang Asset Management Hong Kong Co Ltd

Taikang Asset Management Hong Kong Co Ltd grew its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 26.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,826 shares of the wireless technology company’s stock after purchasing an additional 12,138 shares during the quarter. Taikang Asset Management Hong Kong Co Ltd’s holdings in Qualcomm were worth $9,891,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Richardson Financial Services Inc. increased its holdings in Qualcomm by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 80 shares during the last quarter. Torren Management LLC bought a new position in Qualcomm during the 4th quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd grew its position in shares of Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 170 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its position in shares of Qualcomm by 113.5% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock worth $32,000 after acquiring an additional 101 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of Qualcomm in the 4th quarter valued at approximately $32,000. Institutional investors own 74.35% of the company’s stock.

Insider Activity at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $197.35, for a total value of $493,375.00. Following the completion of the sale, the executive vice president owned 25,684 shares of the company’s stock, valued at $5,068,737.40. This represents a 8.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the completion of the transaction, the executive vice president owned 39,735 shares of the company’s stock, valued at $7,065,677.70. This represents a 7.45% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 21,806 shares of company stock valued at $3,928,958 in the last ninety days. Company insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

QCOM opened at $214.07 on Wednesday. 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 business’s 50 day moving average is $188.06 and its 200-day moving average is $165.60. The stock has a market cap of $225.63 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 27.32 and a beta of 1.59. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. The firm had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The firm’s revenue was down 3.5% compared to the same quarter last year. During the same period last year, the firm earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, analysts predict that Qualcomm Incorporated will post 8 earnings per share for the current year.

Qualcomm announced that its Board of Directors has authorized a stock buyback plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to reacquire up to 14.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Qualcomm Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.7%. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm’s dividend payout ratio is 40.00%.

Analysts Set New Price Targets

Several research firms recently issued reports on QCOM. Wells Fargo & Company reissued a “positive” rating on shares of Qualcomm in a research report on Friday. Citigroup increased their price objective on shares of Qualcomm from $140.00 to $160.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. The Goldman Sachs Group began coverage on shares of Qualcomm in a report on Monday, March 30th. They issued a “neutral” rating and a $135.00 target price on the stock. Melius Research set a $220.00 price target on Qualcomm in a report on Monday, May 18th. Finally, Freedom Capital cut Qualcomm from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Fifteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Qualcomm has a consensus rating of “Hold” and an average target price of $184.29.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm launched a new AI data center program with a major hyperscaler, signaling a deeper move into AI infrastructure and custom silicon. Initial shipments are planned for the December quarter. Qualcomm (QCOM) Launches New AI Data Center Program With A Major Hyperscaler
• Positive Sentiment: CEO Cristiano Amon said Qualcomm is working on 40+ AI-powered devices, including wearables, earbuds, pins, watches, and jewelry, reinforcing the company’s strategy to expand beyond the smartphone market. Qualcomm CEO says AI agents will replace apps — as chip giant works on 40 new AI-powered devices
• Positive Sentiment: Analysts and market commentators highlighted Qualcomm as an AI chip beneficiary, with growing interest in its server CPU and data-center ambitions helping offset worries about slower handset growth. Focus on 5 AI Behemoths Carving a Niche in the Server CPU Chip Market
• Neutral Sentiment: Reports that Qualcomm is in talks to acquire AI chip startup Tenstorrent added to the AI strategy narrative, but the deal is still unconfirmed and the valuation could be significant. Qualcomm in talks to buy Tenstorrent, The Information reports
• Negative Sentiment: Despite the AI optimism, Qualcomm also dipped more than the broader market in the latest session, suggesting some investors are taking profits after a strong run and waiting for clearer execution on the new growth initiatives. Qualcomm (QCOM) Dips More Than Broader Market: What You Should Know

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.