Asahi Life Asset Management CO. LTD. Purchases Shares of 4,174 Qualcomm Incorporated $QCOM

Asahi Life Asset Management CO. LTD. initiated a new position in Qualcomm (NASDAQ:QCOM) during Q4, acquiring 4,174 shares valued at $714,000. Qualcomm continues to attract significant institutional investment, with hedge funds and other investors adjusting their stakes, resulting in institutions owning 74.35% of the company. Bullish sentiment is driven by a Daiwa upgrade to Outperform with a $225 price target, optimism surrounding Qualcomm’s AI/data center pivot, a recent share buyback program, and a dividend increase.

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