Qorvo, Inc. $QRVO Shares Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Qorvo, Inc. (NASDAQ:QRVOFree Report) by 14.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 159,884 shares of the semiconductor company’s stock after acquiring an additional 20,466 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Qorvo were worth $13,576,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Banque Transatlantique SA bought a new position in shares of Qorvo during the first quarter valued at approximately $27,000. Larson Financial Group LLC boosted its position in Qorvo by 222.6% during the 1st quarter. Larson Financial Group LLC now owns 429 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 296 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in Qorvo by 166.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 485 shares of the semiconductor company’s stock worth $41,000 after buying an additional 303 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in Qorvo in the second quarter worth $43,000. Finally, Parkside Financial Bank & Trust lifted its stake in Qorvo by 214.1% in the second quarter. Parkside Financial Bank & Trust now owns 644 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 439 shares during the last quarter. Institutional investors own 88.57% of the company’s stock.

Insider Buying and Selling at Qorvo

In related news, SVP Paul J. Fego sold 13,612 shares of Qorvo stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $95.00, for a total transaction of $1,293,140.00. Following the transaction, the senior vice president directly owned 54,558 shares of the company’s stock, valued at $5,183,010. The trade was a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is currently owned by company insiders.

Qorvo Trading Up 0.6%

Qorvo stock opened at $81.61 on Thursday. Qorvo, Inc. has a 12-month low of $49.46 and a 12-month high of $106.30. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.95 and a quick ratio of 2.20. The stock has a market capitalization of $7.54 billion, a PE ratio of 35.33, a price-to-earnings-growth ratio of 1.47 and a beta of 1.44. The firm has a 50 day simple moving average of $89.94 and a 200-day simple moving average of $86.10.

Qorvo (NASDAQ:QRVOGet Free Report) last announced its earnings results on Monday, November 3rd. The semiconductor company reported $2.22 EPS for the quarter, topping the consensus estimate of $2.03 by $0.19. The firm had revenue of $1.06 billion for the quarter. Qorvo had a return on equity of 13.30% and a net margin of 5.95%.Qorvo’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.88 EPS. Qorvo has set its Q3 2026 guidance at 1.650-2.050 EPS. As a group, equities research analysts expect that Qorvo, Inc. will post 4.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on QRVO shares. Susquehanna reaffirmed a “neutral” rating and issued a $95.00 price objective (up previously from $90.00) on shares of Qorvo in a report on Wednesday, July 30th. Weiss Ratings restated a “hold (c-)” rating on shares of Qorvo in a research note on Thursday, November 13th. Stifel Nicolaus set a $88.00 price objective on Qorvo and gave the stock a “hold” rating in a research report on Wednesday, July 30th. Needham & Company LLC increased their price objective on Qorvo from $90.00 to $104.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Finally, Cfra Research raised Qorvo to a “hold” rating in a research note on Tuesday, October 28th. Three investment analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $102.00.

Get Our Latest Report on QRVO

Qorvo Company Profile

(Free Report)

Qorvo, Inc engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets.

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Institutional Ownership by Quarter for Qorvo (NASDAQ:QRVO)

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