Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Qorvo Inc shares valued at $471,254 were sold by Chesley Philip on May 16 ’25. At $78.49 per share, Chesley Philip sold 6,004 shares. The insider’s holdings dropped to 28,558 shares worth approximately $2.53 million following the completion of this transaction.
Also, Chesley Philip sold 5,371 shares, netting a total of over 421,624 in proceeds. Following the sale of shares at $78.50 each, the insider now holds 21,277 shares.
Before that, Chesley Philip had added 6,004 shares to its account. In a trade valued at $471,254, the Officer bought Qorvo Inc shares for $78.49 each.
As published in their initiating research note from Goldman on July 10, 2025, Qorvo Inc [QRVO] has been a Neutral and the price target has been revised to $90. Analysts at The Benchmark Company upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late April. As of April 30, 2025, TD Cowen has reiterated its “Hold” rating for QRVO. Earlier on January 27, 2025, Piper Sandler upgraded its rating. Their new recommendation was “an Overweight” for QRVO stock which previously was a “a Neutral”.
Analyzing QRVO Stock Performance
On last trading session,, Qorvo Inc [NASDAQ: QRVO] rose 0.72% to $88.63. The stock’s lowest price that day was $87.5853, but it reached a high of $89.17 in the same session. During the last five days, there has been a drop of approximately -1.87%. Over the course of the year, Qorvo Inc shares have dropped approximately -29.84%.
Support And Resistance Levels for Qorvo Inc (QRVO)
RSI (Relative Strength Index) is 64.16 on the 14-day chart, showing neutral technical sentiment.
Is Qorvo Inc subject to short interest?
Stocks of Qorvo Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.66 million shares to 5.19 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 5.86 million shares. A decline of -12.74% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.95 of the overall float, the days-to-cover ratio (short ratio) decline to 2.95.
Which companies own the most shares of Qorvo Inc (QRVO)?
In terms of Qorvo Inc share price expectations, FactSet research, analysts set an average price target of 79.5 in the next 12 months, down nearly -9.66% from the previous closing price of $88.0. Analysts anticipate Qorvo Inc stock to reach 90 by 2025, with the lowest price target being 60. In spite of this, 17 analysts ranked Qorvo Inc stock as Buy at the end of 2025. On January 21, 2025, Morgan Stanley assigned a price target of “an Overweight” to the stock and upgraded coverage with a $106.