Qorvo, Inc. (QRVO): Robert A Bruggeworth , President and CEO of Qorvo, Inc. sold 206 shares on Sep 13, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $54.01 per share for a total value of $11,126.06 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 7, 2016, James L Klein (VP and Pres. Infra. & Defense) sold 1,384 shares at $57.85 per share price.On Aug 24, 2016, Roderick Nelson (director) sold 3,100 shares at $56.50 per share price.Also, On Aug 18, 2016, Jeffery R Gardner (director) sold 4,475 shares at $55.41 per share price.On Aug 18, 2016, Robert A Bruggeworth (President and CEO) sold 18,522 shares at $55.21 per share price.
Qorvo Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Qorvo Inc which led to swings in the share price. The shares opened for trading at $52 and hit $53.8 on the upside , eventually ending the session at $53.76, with a gain of 2.44% or 1.28 points. The heightened volatility saw the trading volume jump to 2,047,021 shares. The 52-week high of the share price is $64.8 and the company has a market cap of $6,876 M . The 52-week low of the share price is at $33.3.
Company has been under the radar of several Street Analysts.Qorvo Inc is Reiterated by Craig Hallum to Buy and the brokerage firm has raised the Price Target to $ 68 from a previous price target of $58 .The Rating was issued on Aug 3, 2016.Qorvo Inc is Reiterated by DA Davidson to Buy while Lowering the Price Target of the company shares to $ 67 from a previous price target of $70 . The Rating was issued on Aug 3, 2016.Qorvo Inc is Reiterated by Drexel Hamilton to Buy and the brokerage firm has raised the Price Target to $ 72 from a previous price target of $63 .The Rating was issued on Aug 3, 2016.Qorvo Inc is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 58 from a previous price target of $55 .The Rating was issued on Aug 3, 2016.Qorvo Inc is Reiterated by MKM Partners to Buy and the brokerage firm has raised the Price Target to $ 70 from a previous price target of $64 .The Rating was issued on Aug 3, 2016.
Qorvo Inc. provides core technologies and radio frequency (RF) solutions for mobile infrastructure and defense and aerospace applications. The Company offers amplification filtering and switching products for RF microwave and millimeter-wave applications. It serves the mobile device networks infrastructure and defense and aerospace markets. It designs develops manufactures and markets its products to the United States and international original equipment manufacturers and original design manufacturers. Its operating segments include Mobile Products (MP) and Infrastructure and Defense Products (IDP). The MP segment supplies RF solutions that perform various functions in the complex cellular radio front end section of smartphones and other cellular devices. The IDP segment supplies an array of RF solutions to wireless network infrastructure defense and aerospace markets and short-range connectivity applications for commercial consumer industrial and automotive markets.