Copley Financial Group Inc. Purchases Shares of 2,555 Qualcomm Incorporated $QCOM

Copley Financial Group Inc. purchased a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) during the 4th quarter, Holdings Channel.com reports. The fund purchased 2,555 shares of the wireless technology company’s stock, valued at approximately $437,000.

A number of other hedge funds have also recently made changes to their positions in QCOM. Howe & Rusling Inc. boosted its stake in shares of Qualcomm by 49.3% in the 4th quarter. Howe & Rusling Inc. now owns 54,504 shares of the wireless technology company’s stock valued at $9,323,000 after purchasing an additional 17,989 shares in the last quarter. Adalta Capital Management LLC raised its position in Qualcomm by 0.7% in the 4th quarter. Adalta Capital Management LLC now owns 55,911 shares of the wireless technology company’s stock worth $9,564,000 after purchasing an additional 400 shares during the period. Rothschild Wealth LLC lifted its stake in Qualcomm by 153.2% in the fourth quarter. Rothschild Wealth LLC now owns 4,347 shares of the wireless technology company’s stock worth $744,000 after purchasing an additional 2,630 shares during the last quarter. Oddo BHF Asset Management Sas lifted its stake in Qualcomm by 30.5% in the fourth quarter. Oddo BHF Asset Management Sas now owns 25,474 shares of the wireless technology company’s stock worth $4,357,000 after purchasing an additional 5,948 shares during the last quarter. Finally, Rakuten Investment Management Inc. boosted its position in Qualcomm by 162.1% during the fourth quarter. Rakuten Investment Management Inc. now owns 228,765 shares of the wireless technology company’s stock valued at $39,675,000 after buying an additional 141,486 shares during the period. 74.35% of the stock is currently owned by institutional investors.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president directly owned 39,735 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $197.35, for a total transaction of $493,375.00. Following the completion of the transaction, the executive vice president owned 25,684 shares of the company’s stock, valued at $5,068,737.40. This trade represents a 8.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 21,806 shares of company stock worth $3,928,958. 0.05% of the stock is currently owned by insiders.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is signaling a bigger push beyond smartphones, saying it is working on 40+ AI-powered device designs, including wearables and other form factors that could create new growth avenues. Qualcomm CEO says AI agents will replace apps — as chip giant works on 40 new AI-powered devices
• Positive Sentiment: Investors are also encouraged by reports that Qualcomm is in talks to acquire AI chip startup Tenstorrent, a move that could strengthen its position in data-center AI accelerators and broader AI infrastructure. Qualcomm in talks to buy Tenstorrent, The Information reports
• Positive Sentiment: Multiple reports highlight Qualcomm’s expanding role in AI infrastructure, including collaborations and investor-day expectations that could provide more detail on its data-center strategy. Qualcomm’s Reported Tenstorrent Talks Test Lofty Valuation And AI Ambitions
• Neutral Sentiment: Analyst commentary and market coverage continue to frame Qualcomm as a potential AI “value play,” but the stock still faces lingering concerns about handset dependence and whether new AI bets will translate into revenue quickly. Qualcomm Is a Rare AI Chip Value Play
• Negative Sentiment: The shares are also being weighed down by a broader pullback in the stock and profit-taking after a strong recent run, with some investors wary that the valuation already reflects much of the AI optimism. Qualcomm (QCOM) Dips More Than Broader Market: What You Should Know

Qualcomm Price Performance

QCOM stock opened at $214.07 on Wednesday. The stock has a market capitalization of $225.63 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 27.32 and a beta of 1.59. The firm’s 50-day moving average price is $188.06 and its two-hundred day moving average price is $165.60. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92.

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

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

Qualcomm Increases Dividend

The business 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 $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.7%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm’s dividend payout ratio (DPR) is presently 40.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Citigroup raised 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. Wells Fargo & Company reissued a “positive” rating on shares of Qualcomm in a research note on Friday. Susquehanna increased their target price on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Cantor Fitzgerald lifted their price target on Qualcomm from $135.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Finally, Summit Insights upgraded Qualcomm from a “hold” rating to a “buy” rating in a research report on Thursday, April 30th. Fifteen analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Qualcomm presently has a consensus rating of “Hold” and a consensus price target of $184.29.

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.