Qorvo Inc’s recently made public that 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 $2.5 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.
Goldman initiated its Qorvo Inc [QRVO] rating to a Neutral in a research note published on July 10, 2025; the price target was $90. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in late April from “a Hold” to “a Buy”. TD Cowen also remained covering QRVO and reiterated its “Hold” recommendation on April 30, 2025. Piper Sandler revised its rating on January 27, 2025. It rated QRVO as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of QRVO
On Monday, Qorvo Inc [NASDAQ:QRVO] saw its stock fall -0.85% to $87.48. Over the last five days, the stock has gained 0.51%. Qorvo Inc shares have fallen nearly -29.99% since the year began. Nevertheless, the stocks have risen 25.10% 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.
Levels Of Support And Resistance For QRVO Stock
The 24-hour chart illustrates a support level at 86.37, which if violated will result in even more drops to 85.25. On the upside, there is a resistance level at 88.37. A further resistance level may holdings at 89.25.
How much short interest is there in Qorvo Inc?
A steep rise in short interest was recorded in Qorvo Inc stocks on 2025-06-13, dropping by -0.66 million shares to a total of 5.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 5.86 million shares. There was a decline of -12.74%, which implies that there is a negative sentiment for the stock.
