Qorvo Surges to 465th in Trading Volume with $331 Million in Shares Exchanged

On April 7, 2025, Qorvo (QRVO) experienced a significant surge in trading volume, with a total of $331 million in shares exchanged, marking a 30.44% increase from the previous day. This substantial trading activity placed Qorvo at the 465th position in terms of daily trading volume among all stocks. The stock price of Qorvo rose by 0.07%.

Several institutional investors have recently adjusted their holdings in Qorvo. JPMorgan Chase & Co. increased its stake in the company by 16.3% during the fourth quarter. Additionally, Raymond James Financial Inc. acquired a new position in Qorvo during the same period. Conversely, Sei Investments Co. reduced its holdings by 50.2%, selling 18,552 shares. Other notable changes include American Century Companies Inc. boosting its position by 5.0%, Quantbot Technologies LP increasing its stake by 377.4%, and Maryland State Retirement & Pension System raising its holdings by 579.4%. Institutional investors collectively own 88.57% of Qorvo's stock.

Analysts have also been active in revising their ratings and price targets for Qorvo. Mizuho raised its price target from $80.00 to $90.00 and maintained a "neutral" rating. Piper Sandler upgraded Qorvo from "neutral" to "overweight" and increased its target price from $85.00 to $110.00. Morgan Stanley also upgraded the stock to "overweight" and boosted its price target from $90.00 to $106.00. Citigroup, however, lowered its price objective from $72.00 to $69.00 and assigned a "sell" rating. Barclays reduced its price target from $90.00 to $80.00 and set an "equal weight" rating. Overall, the stock has a consensus rating of "Hold" with an average target price of $95.84.