Paul Fego Sells 2,500 Shares of Qorvo (NASDAQ:QRVO) Stock

Posted by George Bondi on May 28th, 2026

Qorvo, Inc. (NASDAQ:QRVO – Get Free Report) SVP Paul Fego sold 2,500 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $100.00, for a total transaction of $250,000.00. Following the sale, the senior vice president directly owned 71,038 shares in the company, valued at $7,103,800. The trade was a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Qorvo Trading Down 4.0%

Shares of QRVO stock opened at $103.91 on Thursday. The company’s fifty day simple moving average is $86.09 and its two-hundred day simple moving average is $84.36. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.24 and a quick ratio of 2.46. Qorvo, Inc. has a 1 year low of $74.03 and a 1 year high of $109.49. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 28.70, a PEG ratio of 1.69 and a beta of 1.42.

Qorvo (NASDAQ:QRVO – Get Free Report) last issued its earnings results on Tuesday, May 5th. The semiconductor company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.48. Qorvo had a net margin of 9.22% and a return on equity of 15.32%. The business had revenue of $808.28 million for the quarter, compared to analysts’ expectations of $801.31 million. During the same quarter in the previous year, the firm posted $1.42 EPS. The business’s revenue for the quarter was down 7.0% compared to the same quarter last year. Qorvo has set its FY 2027 guidance at 7.000-7.000 EPS. As a group, analysts anticipate that Qorvo, Inc. will post 5.87 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in QRVO. Jones Financial Companies Lllp increased its holdings in shares of Qorvo by 440.1% in the first quarter. Jones Financial Companies Lllp now owns 8,134 shares of the semiconductor company’s stock worth $589,000 after purchasing an additional 6,628 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Qorvo by 158.7% in the second quarter. EverSource Wealth Advisors LLC now owns 2,121 shares of the semiconductor company’s stock worth $180,000 after purchasing an additional 1,301 shares during the period. First Trust Advisors LP increased its holdings in shares of Qorvo by 56.5% in the second quarter. First Trust Advisors LP now owns 142,503 shares of the semiconductor company’s stock worth $12,100,000 after purchasing an additional 51,475 shares during the period. Marshall Wace LLP bought a new position in shares of Qorvo in the second quarter worth $428,000. Finally, Cerity Partners LLC bought a new position in shares of Qorvo in the second quarter worth $327,000. Institutional investors own 88.57% of the company’s stock.

Analyst Upgrades and Downgrades

QRVO has been the topic of a number of analyst reports. Piper Sandler reissued a “neutral” rating on shares of Qorvo in a report on Wednesday, January 28th. JPMorgan Chase & Co. boosted their target price on shares of Qorvo from $85.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. UBS Group boosted their target price on shares of Qorvo from $87.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Benchmark reissued a “hold” rating on shares of Qorvo in a report on Wednesday, January 28th. Finally, Stifel Nicolaus lowered their target price on shares of Qorvo from $88.00 to $85.00 and set a “hold” rating on the stock in a report on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $96.63.

Get Our Latest Stock Report on QRVO

Qorvo Company Profile

(Get Free Report)

Qorvo, Inc is a leading provider of advanced radio-frequency (RF), analog and mixed-signal semiconductor solutions. The company designs, develops and manufactures a broad portfolio of components and modules that enable wireless and wired connectivity across mobile devices, network infrastructure, defense systems and Internet of Things (IoT) applications.

Qorvo’s product offerings include RF filters, power amplifiers, switches, integrated front-end modules and other custom mixed-signal devices.