Forsta AP Fonden Sells 144,100 Shares of Qualcomm Incorporated $QCOM

Forsta AP Fonden trimmed its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 39.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 224,100 shares of the wireless technology company’s stock after selling 144,100 shares during the quarter. Forsta AP Fonden’s holdings in Qualcomm were worth $38,332,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Greykasell Wealth Strategies Inc. grew its position in Qualcomm by 1.5% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock worth $686,000 after acquiring an additional 61 shares during the last quarter. Certified Advisory Corp grew its position in Qualcomm by 0.6% during the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after acquiring an additional 62 shares during the last quarter. ProVise Management Group LLC grew its position in shares of Qualcomm by 2.6% in the 3rd quarter. ProVise Management Group LLC now owns 2,560 shares of the wireless technology company’s stock worth $426,000 after buying an additional 64 shares during the last quarter. Baker Tilly Wealth Management LLC grew its position in shares of Qualcomm by 1.0% in the 4th quarter. Baker Tilly Wealth Management LLC now owns 6,401 shares of the wireless technology company’s stock worth $1,095,000 after buying an additional 64 shares during the last quarter. Finally, Dakota Community Bank & Trust NA grew its position in shares of Qualcomm by 3.6% in the 4th quarter. Dakota Community Bank & Trust NA now owns 1,847 shares of the wireless technology company’s stock worth $316,000 after buying an additional 65 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors.

Qualcomm Trading Up 3.2%

QCOM opened at $251.02 on Friday. The stock has a market cap of $264.58 billion, a PE ratio of 27.28, a PEG ratio of 30.14 and a beta of 1.49. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The business has a 50 day moving average of $166.07 and a 200-day moving average of $161.25. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $259.92.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The company had revenue of $10.60 billion during 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 for the quarter was down 3.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Equities research analysts predict that Qualcomm Incorporated will post 7.99 earnings per share for the current fiscal year.

Qualcomm announced that its board has approved a stock buyback program on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Qualcomm Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a $0.92 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s payout ratio is presently 38.70%.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s recently reported earnings continue to support the stock, with shares still well above the level seen immediately after the last results. A Zacks note asks whether the post-earnings rally can continue, signaling ongoing investor optimism around the company’s momentum. Qualcomm (QCOM) Up 35.5% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: Several reports say Qualcomm quietly signed a major AI-related deal with ByteDance, which investors view as a meaningful growth catalyst and evidence that Qualcomm is gaining traction in AI chips and related computing opportunities. While Nvidia battles AMD, Qualcomm quietly signed the biggest AI deal in its history with ByteDance
• Positive Sentiment: Related coverage highlighted Qualcomm’s stock hitting record highs after the ByteDance deal, reinforcing the market’s view that the agreement could expand Qualcomm’s AI revenue prospects. Qualcomm stock just hit new record highs. Investors can thank a ByteDance deal.
• Positive Sentiment: Another article framed the ByteDance agreement as an eye-catching strategic move, suggesting Qualcomm is being re-rated as more than just a handset chip supplier. Qualcomm makes eye-catching move with TikTok parent deal
• Neutral Sentiment: Qualcomm also presented at Bernstein’s Strategic Decisions Conference, but the transcript itself does not point to a clear new catalyst in the provided summary. QUALCOMM Incorporated (QCOM) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: One report warned that Apple’s in-house modem chips could threaten Qualcomm’s major customer base over time, which raises a structural risk for future smartphone-related revenue. Apple’s In-House Modem Chips Threaten Qualcomm’s (QCOM) Major Customer Base

Insider Buying and Selling

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $211.90, for a total transaction of $529,750.00. Following the completion of the transaction, the executive vice president owned 28,184 shares of the company’s stock, valued at $5,972,189.60. This trade represents a 8.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the sale, the executive vice president directly owned 39,735 shares in the company, valued at $7,065,677.70. This trade represents a 7.45% decrease in their ownership of the stock. 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. In the last 90 days, insiders sold 19,306 shares of company stock valued at $3,435,583. 0.05% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on QCOM. Melius Research set a $220.00 price objective on Qualcomm in a research report on Monday, May 18th. Daiwa Securities Group upgraded Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price objective on the stock in a research report on Friday, May 8th. BNP Paribas Exane lowered Qualcomm to a “neutral” rating in a research report on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qualcomm in a research report on Friday, March 27th. Finally, Robert W. Baird set a $300.00 price objective on Qualcomm in a research report on Friday, May 1st. Fourteen analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently 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.