Arlington Trust Co LLC Has $86,000 Stock Position in Qualcomm Incorporated $QCOM

Key Points

• Arlington Trust Co LLC cut its Qualcomm stake by 93.5%, selling 7,134 shares and now holding 500 shares worth about $86,000 at the end of the quarter.
• Company insiders sold a total of 9,118 shares valued at roughly $1.23 million last quarter, including EVP Akash J. Palkhiwala (2,500 shares) and EVP Heather S. Ace (3,200 shares).
• Qualcomm announced a $20.00 billion buyback (up to 14.5% of shares) and raised its quarterly dividend to $0.92, while reports of a potential partnership with OpenAI have fueled a rally but also raised caution about volatility if the tie‑up is not confirmed.

Arlington Trust Co LLC lowered its position in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 93.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 500 shares of the wireless technology company's stock after selling 7,134 shares during the quarter. Arlington Trust Co LLC's holdings in Qualcomm were worth $86,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. waypoint wealth counsel increased its position in Qualcomm by 2.2% in the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company's stock valued at $476,000 after acquiring an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. increased its position in Qualcomm by 1.5% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company's stock valued at $686,000 after acquiring an additional 61 shares in the last quarter. Baron Wealth Management LLC increased its position in Qualcomm by 4.5% in the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company's stock valued at $238,000 after acquiring an additional 62 shares in the last quarter. Certified Advisory Corp increased its position in Qualcomm by 0.6% in the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company's stock valued at $1,678,000 after acquiring an additional 62 shares in the last quarter. Finally, Elser Financial Planning Inc increased its position in Qualcomm by 3.7% in the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company's stock valued at $297,000 after acquiring an additional 63 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock.

Insider Activity at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $130.34, for a total transaction of $325,850.00. Following the completion of the sale, the executive vice president owned 30,684 shares in the company, valued at $3,999,352.56. The trade was a 7.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president owned 16,393 shares of the company's stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 9,118 shares of company stock valued at $1,233,705. 0.05% of the stock is owned by corporate insiders.

Qualcomm Stock Up 1.0%

Shares of NASDAQ:QCOM opened at $150.32 on Tuesday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $205.95. The company has a 50 day moving average of $134.52 and a 200-day moving average of $155.18. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The stock has a market cap of $160.39 billion, a price-to-earnings ratio of 31.06 and a beta of 1.28.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The company had revenue of $12.25 billion during the quarter, compared to analysts' expectations of $12.16 billion. During the same quarter in the previous year, the company earned $3.41 EPS. Qualcomm's revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, sell-side analysts forecast that Qualcomm Incorporated will post 8.21 earnings per share for the current year.

Qualcomm declared that its Board of Directors has initiated a share buyback plan on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to reacquire up to 14.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are 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 given a dividend of $0.92 per share. The ex-dividend date is Thursday, June 4th. This represents a $3.68 annualized dividend and a dividend yield of 2.4%. This is a positive change from Qualcomm's previous quarterly dividend of $0.89. Qualcomm's dividend payout ratio is presently 76.03%.

Wall Street Analysts Forecast Growth

QCOM has been the subject of several research reports. Daiwa Securities Group cut shares of Qualcomm from an "outperform" rating to a "neutral" rating and set a $140.00 price objective for the company. in a research report on Wednesday, February 11th. Robert W. Baird set a $177.00 price objective on shares of Qualcomm in a research report on Thursday, February 5th. Seaport Research Partners restated a "sell" rating and issued a $100.00 price objective on shares of Qualcomm in a research report on Monday, March 16th. Wells Fargo & Company upgraded shares of Qualcomm from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $135.00 to $185.00 in a research report on Tuesday, February 24th. Finally, Zacks Research cut shares of Qualcomm from a "hold" rating to a "strong sell" rating in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $158.25.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Market reaction to reports that Qualcomm may partner with OpenAI (and MediaTek) to build smartphone AI chips — traders are pricing in a new, high‑margin AI revenue stream and ecosystem leadership. Qualcomm surges on report of OpenAI tie-up for AI smartphone processors
• Positive Sentiment: Multiple media and analyst notes amplified the rumor, creating momentum and heavy volume as investors reposition toward an AI-driven narrative for mobile chips. Qualcomm jumps 12% on report it's partnering with OpenAI on smartphone AI chip
• Positive Sentiment: Qualcomm’s broader AI/edge strategy, plus recent capital returns (large buybacks/dividend) and solid FY results, support a durable upside thesis if the OpenAI link proves real. Did Qualcomm Just Put Apple in Check?
• Neutral Sentiment: QCOM heads into its Q2 FY2026 earnings report (April 29); street estimates and company guidance will be the next catalyst — current consensus cited by Zacks sets revenue and EPS expectations to watch. Qualcomm Stock Before Q2 Earnings: A Sensible Buy or Risky Move?
• Neutral Sentiment: Some analysts highlight valuation disconnects (QCOM trading below sector medians) and longer-term opportunity in automotive, data center and edge AI — this frames upside but also requires execution. The AI Agent Phone: How OpenAI Is Rethinking Qualcomm's Potential
• Negative Sentiment: Risk of over‑exuberance and profit‑taking: some analysts warn the OpenAI reports are early/uncorroborated and the rally could reverse absent concrete partner announcements or design wins. Qualcomm Soars On OpenAI Deal, But It's A Profit-Taking Opportunity (Downgrade)
• Negative Sentiment: Structural headwinds remain (loss of Apple as a customer, smartphone cyclical risk); skeptics warn the stock could be volatile if the OpenAI tie-up does not materialize into orders. Qualcomm stock price at risk of a crash despite OpenAI partnership rumors

About Qualcomm

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.

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