Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Qorvo Inc shares valued at $101,630 were sold by HARDING JOHN R on May 07 ’25. At $70.09 per share, HARDING JOHN R sold 1,450 shares. The insider’s holdings dropped to 7,597 shares worth approximately $0.55 million following the completion of this transaction.
Also, HARDING JOHN R purchased 1,450 shares, netting a total of over 101,630 in proceeds.
Before that, Chesley Philip had sold 4,045 shares from its account. In a trade valued at $283,757, the SVP, High Performance Analog traded Qorvo Inc shares for $70.15 each. Upon closing the transaction, the insider’s holdings decreased to 4,045 shares, worth approximately $2.19 million.
As published in a research note from The Benchmark Company on April 30, 2025, Qorvo Inc [QRVO] has been rated up from a Hold to a Buy and the price target has been revised to $95. Analysts at TD Cowen resumed the stock at ‘”a Hold”‘ outlook in a report released in late April. As of January 27, 2025, Piper Sandler has increased its “Neutral” rating to a “an Overweight” for QRVO. Earlier on January 21, 2025, Morgan Stanley upgraded its rating. Their new recommendation was “an Overweight” for QRVO stock which previously was a “an Equal-weight”.
Analyzing QRVO Stock Performance
During the last five days, there has been a surge of approximately 3.67%. Over the course of the year, Qorvo Inc shares have jumped approximately 3.49%. Shares of the company reached a 52-week high of $91.33 on 01/24/25 and a 52-week low of $49.46 on 04/08/25. A 50-day SMA is recorded $67.23, while a 200-day SMA reached $83.74.
Support And Resistance Levels for Qorvo Inc (QRVO)
According to the 24-hour chart, there is a support level at 71.27, which, if violated, would cause prices to drop to 70.17. In the upper region, resistance lies at 73.84. The next price resistance is at 75.31. RSI (Relative Strength Index) is 61.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.04, which suggests the price will increase in the coming days. Percent R is at 10.10%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
