Checking in on Qorvo Inc (QRVO) after recent insiders movement

In a filing, Qorvo Inc revealed its SVP, High Performance Analog Chesley Philip unloaded Company’s shares for reported $0.47 million on May 16 ’25. In the deal valued at $78.49 per share,6,004 shares were sold. As a result of this transaction, Chesley Philip now holds 28,558 shares worth roughly $2.25 million.

Then, Chesley Philip sold 5,371 shares, generating $421,624 in total proceeds. Upon selling the shares at $78.50, the SVP, High Performance Analog now owns 21,277 shares.

Before that, Chesley Philip bought 6,004 shares. Qorvo Inc shares valued at $471,254 were divested by the Officer at a price of $78.49 per share.

The Benchmark Company upgraded its Qorvo Inc [QRVO] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late April has reiterated a ‘”a Hold”‘ rating for it. Piper Sandler also remained covering QRVO and has increased its forecast on January 27, 2025 with a “an Overweight” recommendation from previously “Neutral” rating. Morgan Stanley revised its rating on January 21, 2025. It rated QRVO as “an Overweight” which previously was an “an Equal-weight”.

Price Performance Review of QRVO

On Monday, Qorvo Inc [NASDAQ:QRVO] saw its stock fall -1.03% to $78.82. Over the last five days, the stock has gained 0.51%. Qorvo Inc shares have risen nearly 12.71% since the year began. Nevertheless, the stocks have fallen -21.11% over the past one year. While a 52-week high of $130.99 was reached on 01/24/25, a 52-week low of $49.46 was recorded on 04/08/25.

How much short interest is there in Qorvo Inc?

A steep rise in short interest was recorded in Qorvo Inc stocks on 2025-04-30, growing by 33130.0 shares to a total of 6.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 6.12 million shares. There was a rise of 0.54%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on November 12, 2024 when Loop Capital began covering the stock and recommended ‘”a Hold”‘ rating along with a $73 price target.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.