GHP Investment Advisors Inc. divested 47,573 shares of Qorvo, Inc., while Victory Capital Management Inc. increased its position in the company. However, Bokf Na and Headlands Technologies LLC also reduced their stake in Qorvo. The company's stock has experienced fluctuations, dropping by 6.3% since the last earnings report but outperforming its competitors on certain trading days. An executive from Qorvo has sold over $74k in company stocks, which may have contributed to the decrease in Qorvo stock price. Despite beating Q2 sales targets and topping Q1 earnings and revenue estimates, the stock experienced a decline. However, Qorvo's restructuring of its RF portfolio following the Anokiwave buyout promises future growth. The company's stock has been rated with a PT of $121.00. Their Q1 Fiscal 2025 earnings reported revenue surge to $887M meeting EPS estimates. Meanwhile, various firms have increased their position in Qorvo, suggesting a positive sentiment for the stock.
Qorvo QRVO News Analytics from Mon, 11 Sep 2023 17:19:29 GMT to Sun, 15 Sep 2024 11:02:45 GMT - Rating -3 - Innovation 5 - Information 7 - Rumor -5
