Vise Technologies Inc. Makes New $287,000 Investment in Qorvo, Inc. $QRVO

Vise Technologies Inc. bought a new position in Qorvo, Inc. (NASDAQ:QRVO) during the second quarter, Holdings Channel.com reports. The firm bought 3,377 shares of the semiconductor company’s stock, valued at approximately $287,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Banque Transatlantique SA bought a new stake in Qorvo during the first quarter worth $27,000. Larson Financial Group LLC increased its position in shares of Qorvo by 222.6% during the 1st quarter. Larson Financial Group LLC now owns 429 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 296 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Qorvo during the 1st quarter worth $34,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of Qorvo by 166.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 485 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 303 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Qorvo in the 2nd quarter worth about $43,000. 88.57% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Paul J. Fego sold 13,612 shares of the stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $95.00, for a total transaction of $1,293,140.00. Following the sale, the senior vice president owned 54,558 shares of the company’s stock, valued at approximately $5,183,010. This represents a 19.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

QRVO has been the subject of a number of research analyst reports. Benchmark raised their price objective on shares of Qorvo from $95.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Craig Hallum restated a “buy” rating on shares of Qorvo in a research note on Wednesday, July 30th. Mizuho raised shares of Qorvo from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $75.00 to $93.00 in a report on Tuesday, November 11th. Loop Capital upped their price objective on Qorvo from $75.00 to $90.00 and gave the company a “hold” rating in a research note on Wednesday, July 30th. Finally, Argus raised Qorvo to a “hold” rating in a research report on Wednesday, November 5th. Three research analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $102.00.

Qorvo Stock Performance

Shares of QRVO stock opened at $84.64 on Monday. The firm’s 50 day moving average is $90.52 and its 200 day moving average is $85.97. The stock has a market capitalization of $7.82 billion, a P/E ratio of 36.79, a PEG ratio of 1.54 and a beta of 1.44. Qorvo, Inc. has a 12 month low of $49.46 and a 12 month high of $106.30. The company has a current ratio of 2.95, a quick ratio of 2.20 and a debt-to-equity ratio of 0.44.

Qorvo (NASDAQ:QRVO) last issued its earnings results on Monday, November 3rd. The semiconductor company reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.19. The business had revenue of $1.06 billion for the quarter. Qorvo had a net margin of 5.95% and a return on equity of 13.30%. The company’s revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.88 EPS. Qorvo has set its Q3 2026 guidance at 1.650-2.050 EPS. On average, sell-side analysts anticipate 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.