Insider Selling: Qorvo (NASDAQ:QRVO) Director Sells 1,900,000 Shares of Stock

Posted by George Bondi on Jun 3rd, 2026

Qorvo, Inc. (NASDAQ:QRVO – Get Free Report) Director Peter Feld sold 1,900,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $101.20, for a total value of $192,280,000.00. Following the completion of the transaction, the director directly owned 5,611,526 shares in the company, valued at approximately $567,886,431.20. The trade was a 25.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Qorvo Stock Up 2.8%

Shares of QRVO stock traded up $2.77 during mid-day trading on Tuesday, reaching $102.74. 2,016,709 shares of the company were exchanged, compared to its average volume of 1,231,656. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.46 and a current ratio of 3.24. The business’s 50 day simple moving average is $87.63 and its 200 day simple moving average is $84.71. The company has a market capitalization of $9.04 billion, a P/E ratio of 28.38, a P/E/G ratio of 1.56 and a beta of 1.43. Qorvo, Inc. has a fifty-two week low of $74.92 and a fifty-two week high of $109.49.

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

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Citigroup increased their price target on shares of Qorvo from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Wolfe Research cut Qorvo from an “outperform” rating to a “peer perform” rating in a research note on Friday, April 17th. UBS Group increased their target price on Qorvo from $87.00 to $100.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Zacks Research lowered Qorvo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th. Finally, Craig Hallum reiterated a “buy” rating and issued a $120.00 price target on shares of Qorvo in a report on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $96.63.

Get Our Latest Research Report on QRVO

Institutional Investors Weigh In On Qorvo

Institutional investors have recently modified their holdings of the business. Stance Capital LLC acquired a new stake in Qorvo during the third quarter worth about $27,000. Smartleaf Asset Management LLC grew its holdings in shares of Qorvo by 215.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 338 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 231 shares during the last quarter. Sound Income Strategies LLC grew its holdings in shares of Qorvo by 952.8% during the fourth quarter. Sound Income Strategies LLC now owns 379 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 343 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Qorvo during the 3rd quarter worth approximately $36,000. Finally, Clearstead Advisors LLC lifted its holdings in shares of Qorvo by 93.3% in the 3rd quarter. Clearstead Advisors LLC now owns 431 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 208 shares during the last quarter. Institutional investors own 88.57% of the company’s stock.

About Qorvo

(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.

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