Cache Advisors LLC Purchases 8,405 Shares of Qualcomm Incorporated $QCOM

Cache Advisors LLC increased its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 72.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the wireless technology company’s stock after acquiring an additional 8,405 shares during the period. Qualcomm comprises 0.3% of Cache Advisors LLC’s holdings, making the stock its 25th largest holding. Cache Advisors LLC’s holdings in Qualcomm were worth $2,576,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in QCOM. Stonehearth Capital Management LLC bought a new position in Qualcomm in the first quarter valued at approximately $229,000. Bar Harbor Wealth Management boosted its holdings in shares of Qualcomm by 2.6% in the 1st quarter. Bar Harbor Wealth Management now owns 4,068 shares of the wireless technology company’s stock valued at $524,000 after purchasing an additional 103 shares in the last quarter. Blankinship & Foster LLC boosted its holdings in shares of Qualcomm by 2.6% in the 1st quarter. Blankinship & Foster LLC now owns 13,146 shares of the wireless technology company’s stock valued at $1,693,000 after purchasing an additional 330 shares in the last quarter. Signal Advisors Wealth LLC boosted its holdings in shares of Qualcomm by 218.8% in the 1st quarter. Signal Advisors Wealth LLC now owns 8,378 shares of the wireless technology company’s stock valued at $1,079,000 after purchasing an additional 5,750 shares in the last quarter. Finally, Athena Wealth Management LLC increased its stake in shares of Qualcomm by 59.0% in the 1st quarter. Athena Wealth Management LLC now owns 3,643 shares of the wireless technology company’s stock valued at $469,000 after purchasing an additional 1,352 shares during the last quarter. 74.35% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Rosenblatt Securities reissued a “buy” rating and set a $190.00 price target on shares of Qualcomm in a report on Thursday, April 30th. 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. Bank of America lifted their target price on Qualcomm from $165.00 to $195.00 and gave the company an “underperform” rating in a research report on Tuesday. TD Cowen boosted their target price on Qualcomm from $150.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Guggenheim set a $200.00 target price on shares of Qualcomm in a report on Monday. Fifteen research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Qualcomm presently has an average rating of “Hold” and an average target price of $191.90.

Qualcomm Stock Down 8.0%

Shares of NASDAQ:QCOM opened at $204.13 on Wednesday. The firm has a market cap of $215.15 billion, a P/E ratio of 22.19, a P/E/G ratio of 27.57 and a beta of 1.59. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The business has a fifty day simple moving average of $197.22 and a 200 day simple moving average of $167.32. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54.

Qualcomm (NASDAQ:QCOM) last released its quarterly 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 firm had revenue of $10.60 billion for 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 business’s revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Analysts predict that Qualcomm Incorporated will post 7.97 earnings per share for the current year.

Qualcomm Increases Dividend

The business also recently announced 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. The ex-dividend date is Thursday, June 4th. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 1.8%. Qualcomm’s dividend payout ratio (DPR) is currently 40.00%.

Qualcomm declared that its board has initiated a stock repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In other Qualcomm news, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were 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 owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This represents a 4.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 21,806 shares of company stock worth $3,928,958. 0.05% of the stock is owned by company insiders.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Several articles argue Qualcomm’s AI pivot could be smarter than it looks, with the company’s low-power chip expertise potentially well suited for AI inference and edge computing rather than head-to-head competition in AI training. Qualcomm’s AI Pivot: Smarter Than It Looks
• Positive Sentiment: Analyst commentary and media coverage suggest the proposed Modular acquisition could expand Qualcomm’s AI ambitions and help support the stock’s longer-term rally if it creates a credible data-center AI platform. Qualcomm Stock Drops but the Chip Maker Has a Plan to Save AI Rally
• Neutral Sentiment: Bank of America raised its price target on Qualcomm, but kept an underperform rating, reflecting a more cautious stance even as valuation work suggests some downside may already be reflected. Qualcomm price target raised by Bank of America
• Neutral Sentiment: Qualcomm’s latest segment trends remain mixed: handset weakness is still weighing on QCT revenue, while automotive and IoT growth continue to offset some of that pressure. Can Qualcomm’s QCT Segment Sustain Growth Amid Handset Weakness?
• Negative Sentiment: Some analysts are skeptical that Qualcomm’s AI and data-center opportunity is enough to justify enthusiasm, warning that it is still a late mover in an overcrowded AI semiconductor market. Qualcomm AI, Data Center Opportunity Fails To Win Over Analyst
• Negative Sentiment: The stock also fell amid a broader technology selloff, which amplified the move lower and added pressure despite the Modular acquisition headlines. Qualcomm nearing deal for AI chip startup Modular, Bloomberg News reports

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.