Bull Oak Capital LLC Takes $773,000 Position in Qualcomm Incorporated $QCOM

Key Points

• Bull Oak Capital LLC initiated a new position in Qualcomm of 4,518 shares valued at approximately $773,000, representing 0.3% of its portfolio and the firm's 20th‑largest holding.
• Qualcomm beat Q2 expectations and bolstered its growth narrative with CEO comments about shipping custom data‑center chips to a “large hyperscaler,” while analysts raised targets and the company authorized a $20 billion buyback and increased the quarterly dividend to $0.92.
• Insider activity shows recent selling—EVP Akash J. Palkhiwala sold 3,333 shares (~$458,787) and insiders sold 9,310 shares worth about $1.27M over the past 90 days—while company insiders hold only 0.05% of the stock.

Bull Oak Capital LLC purchased a new stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,518 shares of the wireless technology company's stock, valued at approximately $773,000. Qualcomm makes up 0.3% of Bull Oak Capital LLC's investment portfolio, making the stock its 20th largest holding.

Other large investors have also made changes to their positions in the company. Cloud Capital Management LLC purchased a new stake in shares of Qualcomm in the third quarter valued at approximately $27,000. Richardson Financial Services Inc. grew its position in shares of 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 purchasing an additional 80 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Qualcomm in the fourth quarter valued at approximately $29,000. Glass Jacobson Investment Advisors llc grew its position in shares of Qualcomm by 113.5% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company's stock valued at $32,000 after purchasing an additional 101 shares in the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Qualcomm in the fourth quarter valued at approximately $34,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm's stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the transaction, the executive vice president directly owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Patricia Y. Grech sold 192 shares of the firm's stock in a transaction 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. Insiders sold a total of 9,310 shares of company stock worth $1,266,729 over the last ninety days. Company insiders own 0.05% of the company's stock.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Q2 beat and segment strength — Qualcomm topped EPS expectations and showed strong automotive/licensing performance, which supports near‑term earnings quality and helped fuel the recent rally. Qualcomm (QCOM) Posts Stellar Q2
• Positive Sentiment: Data‑center/hyperscaler validation — CEO commentary that Qualcomm will ship custom data‑center chips to a “large hyperscaler” this year materially changed the narrative and underpins hopes for a new, higher‑growth revenue stream. Reuters: Qualcomm shares jump
• Positive Sentiment: Analyst support — Multiple firms raised targets or reaffirmed buy ratings (e.g., Benchmark, Rosenblatt, Summit Insights upgrade), which added fuel to the rally and legitimized the AI/data‑center story. Wall Street Lifts Qualcomm Price Target
• Neutral Sentiment: Technicals and momentum — Chart signals show an overbought setup after the rapid rally; that attracts momentum buyers but raises short‑term pullback risk. Barron's: Technicals
• Neutral Sentiment: Capital returns — Ongoing buyback authorization and a raised quarterly dividend support shareholder returns, a stabilizing factor for valuation. MarketBeat: QCOM summary
• Negative Sentiment: Below‑consensus Q3 guide & memory shortage — Qualcomm guided Q3 revenue/EPS below Street expectations and pointed to a memory supply issue that could pressure handset demand, which triggered the initial post‑earnings weakness. Reuters: Forecast underwhelms
• Negative Sentiment: Insider sale disclosure — A CAO disclosed a small Rule 10b5‑1 sale (192 shares); minimal on its own but noted by some data aggregators amid high‑volume trading. InsiderTrades: Insider sale

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on QCOM shares. TD Cowen upped their price target on Qualcomm from $150.00 to $200.00 and gave the company a "buy" rating in a research report on Thursday. Citigroup upped their price target on Qualcomm from $140.00 to $160.00 and gave the company a "neutral" rating in a research report on Thursday. Rosenblatt Securities restated a "buy" rating and issued a $190.00 price target on shares of Qualcomm in a research report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $160.00 price objective on shares of Qualcomm in a research report on Thursday. Finally, Morgan Stanley reiterated an "underweight" rating and issued a $146.00 price objective on shares of Qualcomm in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $172.40.

Qualcomm Trading Down 1.4%

Shares of Qualcomm stock opened at $177.00 on Friday. The firm has a market capitalization of $188.85 billion, a price-to-earnings ratio of 19.24 and a beta of 1.49. 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 1.83 and a current ratio of 2.37. The stock has a 50 day moving average of $135.69 and a 200 day moving average of $155.29.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate 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 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 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, research analysts predict that Qualcomm Incorporated will post 8.18 earnings per share for the current year.

Qualcomm declared that its board has approved a stock repurchase program on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Qualcomm Increases Dividend

The company 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. This is an increase from Qualcomm's previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Thursday, June 4th. Qualcomm's dividend payout ratio (DPR) is 38.70%.

Qualcomm 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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