Bokf Na Has $10.37 Million Position in Qualcomm Incorporated $QCOM

Key Points

• Bokf Na trimmed its Qualcomm stake by 5.9% in Q4, selling 3,822 shares and now holds 60,644 shares worth about $10.37 million per its latest 13F filing.
• Qualcomm posted a slight Q2 EPS beat ($2.65 vs. $2.56) despite revenue down 3.5% y/y, raised its quarterly dividend to $0.92, and authorized a $20.0 billion share buyback, while analysts remain mixed (consensus "Hold", average target $172.40).
• Company insiders sold 22,510 shares in the last quarter (including CEO Cristiano Amon's 10,000-share sale under a Rule 10b5‑1 plan), representing potential short‑term selling pressure.

Bokf Na cut its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 5.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,644 shares of the wireless technology company's stock after selling 3,822 shares during the quarter. Bokf Na's holdings in Qualcomm were worth $10,373,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QCOM. Wellington Management Group LLP lifted its stake in shares of Qualcomm by 141.8% in the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company's stock valued at $2,069,059,000 after purchasing an additional 7,292,783 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Qualcomm by 36.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company's stock valued at $1,090,025,000 after purchasing an additional 1,764,252 shares during the period. Viking Global Investors LP lifted its stake in shares of Qualcomm by 120.1% in the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company's stock valued at $502,125,000 after purchasing an additional 1,720,529 shares during the period. Rafferty Asset Management LLC lifted its stake in shares of Qualcomm by 59.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company's stock valued at $703,675,000 after purchasing an additional 1,641,068 shares during the period. Finally, Van ECK Associates Corp lifted its stake in shares of Qualcomm by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 9,050,717 shares of the wireless technology company's stock valued at $1,505,677,000 after purchasing an additional 1,397,466 shares during the period. 74.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. TD Cowen boosted their price objective on Qualcomm from $150.00 to $200.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Weiss Ratings reissued a "hold (c)" rating on shares of Qualcomm in a research note on Friday, March 27th. Loop Capital raised Qualcomm from a "hold" rating to a "buy" rating and set a $185.00 price objective on the stock in a research note on Tuesday, February 24th. Robert W. Baird set a $300.00 price objective on Qualcomm in a research note on Friday, May 1st. Finally, The Goldman Sachs Group began coverage on Qualcomm in a research note on Monday, March 30th. They issued a "neutral" rating and a $135.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Qualcomm currently has an average rating of "Hold" and an average target price of $172.40.

Qualcomm Stock Up 3.2%

QCOM stock opened at $192.61 on Thursday. The stock's 50 day simple moving average is $137.61 and its 200 day simple moving average is $155.61. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $205.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The company has a market cap of $203.01 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 23.02 and a beta of 1.49.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its quarterly 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 business had revenue of $10.60 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the business earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, research analysts expect that Qualcomm Incorporated will post 8.02 earnings per share for the current fiscal year.

Qualcomm Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 1.9%. This is an increase from Qualcomm's previous quarterly dividend of $0.89. Qualcomm's dividend payout ratio is presently 40.00%.

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

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Big catalyst — Qualcomm reported a Q2 EPS beat and highlighted record automotive and IoT revenue while announcing it will ship custom AI silicon to a major hyperscaler; investors see this shifting the mix toward higher‑value AI/data‑center work. QUALCOMM (QCOM) Is Up 12.1% After Hyperscaler AI Win And $20 Billion Buyback Announcement - Has The Bull Case Changed?
• Positive Sentiment: Q2 fundamentals: EPS topped estimates and automotive revenue hit a record, helping offset handset weakness — a near‑term proof point supporting the re‑rating and higher analyst interest. A Look At Qualcomm (QCOM) Valuation After Strong Q2 Results And AI Focused Expansion
• Positive Sentiment: Capital return boost — Board approved a $20B buyback program and raised the quarterly dividend; buybacks and higher yield are pro‑share‑price actions that reinforce the bullish thesis. QUALCOMM (QCOM) Is Up 12.1% After Hyperscaler AI Win And $20 Billion Buyback Announcement - Has The Bull Case Changed?
• Neutral Sentiment: Analyst landscape is mixed — some firms raised targets or reiterated buys (Rosenblatt, Susquehanna) while others remain neutral/underperform; consensus remains around a “hold” average, so upside depends on execution. MarketBeat analyst roundup on QCOM
• Neutral Sentiment: Zacks moved the stock from “strong sell” to “hold,” reflecting reduced near‑term pessimism but not a full conviction upgrade. Zacks Research
• Negative Sentiment: Near‑term risk — handset revenue remains weak and overall quarterly revenue was slightly down year‑over‑year; several bearish pieces caution that AI hype may not immediately offset phone‑cycle sensitivity. Should QCOM Stock Be Part of Your Portfolio Post Modest Q2 Earnings?
• Negative Sentiment: Insider sales by senior executives (CEO and EVP) were disclosed; while some were under Rule 10b5‑1 plans, such filings can add short‑term selling pressure and headline risk. Amon SEC filing

Insider Buying and Selling

In other Qualcomm news, CEO Cristiano R. Amon sold 10,000 shares of the business's stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the sale, the chief executive officer directly owned 197,568 shares of the company's stock, valued at approximately $35,562,240. The trade was a 4.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 192 shares of the business's stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $172.00, for a total value of $33,024.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 22,510 shares of company stock valued at $3,635,753. Company insiders own 0.05% of the company's stock.

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.

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