ARK Investment Management LLC Has $36.84 Million Stock Position in Qualcomm Incorporated $QCOM

2026-03-12 20:22:56

ARK Investment Management LLC increased its stake in Qualcomm Incorporated by 10.8%, bringing its total holdings to 221,426 shares valued at $36.84 million. Qualcomm recently reported strong quarterly earnings, beating expectations with $3.50 EPS and $12.25 billion in revenue, and declared a quarterly dividend of $0.89 per share. Analysts have varied ratings for QCOM, with an average “Hold” rating and a price target of $168.48, while institutional investors hold 74.35% of the stock.

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