<div id="readability-page-1"><p>Meeder Asset Management Inc. lowered its holdings in  Qorvo, Inc. (NASDAQ:QRVO - Free Report) by 65.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,741 shares of the semiconductor company's stock after selling 12,701 shares during the period. Meeder Asset Management Inc.'s holdings in Qorvo were worth $696,000 at the end of the most recent reporting period.</p><ul><li>Qorvo <span>NASDAQ: QRVO<span></span></span> Will Be One Wild Buy</li></ul><p>A number of other hedge funds and other institutional investors have also made changes to their positions in QRVO. Thurston Springer Miller Herd &amp; Titak Inc. acquired a new position in  Qorvo in the second quarter worth approximately $29,000.  EverSource Wealth Advisors LLC grew its holdings in shares of  Qorvo by 81.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 257 shares of the semiconductor company's stock worth $30,000 after acquiring an additional 115 shares during the last quarter.  Versant Capital Management Inc grew its holdings in shares of  Qorvo by 9,333.3% in the 2nd quarter. Versant Capital Management Inc now owns 283 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 280 shares during the last quarter.  New Millennium Group LLC acquired a new stake in shares of  Qorvo during the second quarter worth $34,000.  Finally, Blue Trust Inc. lifted its holdings in shares of  Qorvo by 241.6% during the second quarter. Blue Trust Inc. now owns 345 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 244 shares during the last quarter. 88.57% of the stock is currently owned by institutional investors. </p><h2>Insider Buying and Selling at Qorvo</h2><p>In related news, VP Gina Harrison sold 689 shares of the firm's stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $107.67, for a total value of $74,184.63. Following the transaction, the vice president now directly owns 21,601 shares of the company's stock, valued at approximately $2,325,779.67. This trade represents a 3.09 % decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through this link. Corporate insiders own  0.46% of the company's stock. </p><h2>Qorvo Trading Down 0.1 %</h2><p>NASDAQ:QRVO opened at $66.28 on Wednesday. The company has a market capitalization of $6.27 billion, a P/E ratio of -45.40, a P/E/G ratio of 5.26 and a beta of 1.49. The stock's 50 day moving average price is $92.43 and its 200 day moving average price is $103.75. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.38 and a current ratio of 1.90. Qorvo, Inc. has a 52 week low of $65.35 and a 52 week high of $130.99. </p><p>Qorvo (NASDAQ:QRVO - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The semiconductor company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.85 by $0.03. Qorvo had a negative net margin of 3.58% and a positive return on equity of 13.81%. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the prior year, the business posted $1.99 EPS. Qorvo's quarterly revenue was down 5.2% on a year-over-year basis.  On average, research analysts forecast that  Qorvo, Inc. will post 3.37 EPS for the current fiscal year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several research firms have issued reports on QRVO. Piper Sandler cut their price objective on Qorvo from $120.00 to $100.00 and set a &#34;neutral&#34; rating on the stock in a report on Friday, October 25th. UBS Group reduced their price target on shares of Qorvo from $115.00 to $90.00 and set a &#34;neutral&#34; rating for the company in a research report on Wednesday, October 30th. Morgan Stanley cut shares of Qorvo from an &#34;overweight&#34; rating to an &#34;equal weight&#34; rating and lowered their price objective for the stock from $130.00 to $120.00 in a research report on Friday, October 11th. JPMorgan Chase &amp; Co. reduced their target price on Qorvo from $115.00 to $95.00 and set an &#34;underweight&#34; rating for the company in a report on Wednesday, October 30th. Finally, Bank of America lowered their price target on Qorvo from $115.00 to $80.00 and set an &#34;underperform&#34; rating on the stock in a report on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, fourteen have assigned  a hold rating and two have issued  a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of &#34;Hold&#34; and an average target price of $102.88.</p><p><b>Check Out Our Latest Stock Analysis on Qorvo</b></p><h2>About Qorvo</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Qorvo</li><li>How is Compound Interest Calculated?</li><li>Super Micro Computer Soars 28%: Is It Really Out of the Woods?</li><li>Where to Find Earnings Call Transcripts</li><li>Traders Are Flocking Back to Oil: What’s Fueling the Optimism</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>3 Hot Stock Trends to Ride Into 2025 </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UVJWTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UVJWTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Qorvo wasn't on the list.</p><p>While Qorvo currently has a &#34;Hold&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

QRVO

<p>Meeder Asset Management Inc. reduced its holdings in Qorvo, Inc. (NASDAQ:QRVO) by 65.3% in Q3, according to a recent SEC filing. The fund now owns 6,741 shares after selling 12,701 shares. Other institutional investors have also adjusted their positions in Qorvo. The stock opened at $70.28, with a market cap of $7.27 billion. Qorvo reported an EPS of $0.88 for the last quarter, exceeding estimates. Analysts have lowered price targets and ratings for Qorvo, with mixed ratings from various research firms.</p>

Qorvo, Inc. (NASDAQ:QRVO) Position Decreased by Meeder Asset Management Inc.