V Square Quantitative Management LLC Has $28,000 Position in Qorvo, Inc. $QRVO

V Square Quantitative Management LLC reduced its stake in shares of Qorvo, Inc. (NASDAQ:QRVO) by 45.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 325 shares of the semiconductor company’s stock after selling 276 shares during the quarter. V Square Quantitative Management LLC’s holdings in Qorvo were worth $28,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. City Holding Co. acquired a new stake in shares of Qorvo during the first quarter worth approximately $25,000. Banque Transatlantique SA acquired a new stake in shares of Qorvo during the first quarter worth approximately $27,000. Larson Financial Group LLC boosted its holdings in shares of Qorvo by 222.6% during the first quarter. Larson Financial Group LLC now owns 429 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 296 shares during the period. Curat Global LLC acquired a new stake in shares of Qorvo during the first quarter worth approximately $34,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Qorvo during the first quarter worth approximately $34,000. 88.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Qorvo

In related news, SVP Paul J. Fego sold 13,612 shares of the business’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $95.00, for a total transaction of $1,293,140.00. Following the transaction, the senior vice president owned 54,558 shares of the company’s stock, valued at approximately $5,183,010. The trade was a 19.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

QRVO has been the subject of a number of analyst reports. Stifel Nicolaus set a $88.00 target price on shares of Qorvo and gave the company a “hold” rating in a research note on Wednesday, July 30th. Citigroup reiterated a “sell” rating on shares of Qorvo in a research note on Wednesday, September 10th. Needham & Company LLC lifted their target price on shares of Qorvo from $90.00 to $104.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. The Goldman Sachs Group initiated coverage on shares of Qorvo in a research note on Thursday, July 10th. They issued a “neutral” rating and a $90.00 target price for the company. Finally, Wall Street Zen upgraded shares of Qorvo from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 2nd. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $95.35.

Qorvo Price Performance

Shares of Qorvo stock opened at $91.54 on Friday. The firm has a fifty day simple moving average of $89.49 and a 200-day simple moving average of $79.88. The company has a current ratio of 2.81, a quick ratio of 2.01 and a debt-to-equity ratio of 0.45. Qorvo, Inc. has a 1-year low of $49.46 and a 1-year high of $107.33. The stock has a market capitalization of $8.48 billion, a price-to-earnings ratio of 107.70, a PEG ratio of 1.77 and a beta of 1.42.

Qorvo (NASDAQ:QRVO) last announced its earnings results on Tuesday, July 29th. The semiconductor company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.30. Qorvo had a net margin of 2.21% and a return on equity of 12.63%. The business had revenue of $818.80 million for the quarter, compared to analyst estimates of $775.61 million. During the same quarter in the previous year, the firm posted $0.87 earnings per share. Qorvo’s revenue was down 7.7% compared to the same quarter last year. Qorvo has set its Q2 2026 guidance at 1.750-2.250 EPS. On average, sell-side analysts expect that Qorvo, Inc. will post 4.09 earnings per share for the current year.

Qorvo Profile

Qorvo, Inc engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets.