qorvo (nasdaq:qrvo) makes a better world possible by providing innovative rf solutions at the center of connectivity. we combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. we also leverage our unique competitive strengths to advance 5g networks, cloud computing, the internet of things, and other emerging applications that expand the global framework interconnecting people, places and things. visit www.qorvo.com to learn how qorvo connects the world.
![Qorvo logo](/files/LOGO/1604778-QRVO.png)
Company profile
Ticker
QRVO
Exchange
Website
CEO
Robert Bruggeworth
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Rocky Holding, Inc.
SEC CIK
Corporate docs
Subsidiaries
Active-Semi, Inc. • Amalfi Semiconductor, Inc. • Anokiwave, Inc. • Decawave Inc. • NextInput, Inc. • Premier Devices - A Sirenza Company • Qorvo Asia, LLC • Qorvo California, Inc. • Qorvo Europe Holding Company • Qorvo International ...
QRVO stock data
Latest filings (excl ownership)
ARS
2024 FY
Annual report to shareholders
28 Jun 24
DEFA14A
Additional proxy soliciting materials
28 Jun 24
DEF 14A
Definitive proxy
28 Jun 24
8-K
Regulation FD Disclosure
11 Jun 24
SD
Conflict minerals disclosure
24 May 24
8-K
Qorvo Announces Verdict and Damage Award
20 May 24
10-K
2024 FY
Annual report
20 May 24
8-K
Qorvo® Announces Fiscal 2024 Fourth Quarter Financial Results
1 May 24
8-K
Entry into a Material Definitive Agreement
26 Apr 24
10-Q
2024 Q3
Quarterly report
1 Feb 24
Transcripts
QRVO
Earnings call transcript
2024 Q4
1 May 24
QRVO
Earnings call transcript
2024 Q3
31 Jan 24
QRVO
Earnings call transcript
2024 Q2
1 Nov 23
QRVO
Earnings call transcript
2024 Q1
2 Aug 23
QRVO
Earnings call transcript
2024 Q1
2 Aug 23
QRVO
Earnings call transcript
2023 Q4
3 May 23
QRVO
Earnings call transcript
2023 Q3
1 Feb 23
QRVO
Earnings call transcript
2023 Q2
2 Nov 22
QRVO
Earnings call transcript
2023 Q1
4 Aug 22
QRVO
Earnings call transcript
2022 Q4
4 May 22
Latest ownership filings
4
Gina Harrison
9 Jul 24
SC 13G/A
BlackRock Inc.
8 Jul 24
4
STEVEN E CREVISTON
20 Jun 24
144
Notice of proposed sale of securities
17 Jun 24
4
Gina Harrison
14 Jun 24
144
Notice of proposed sale of securities
12 Jun 24
4
ROBERT A BRUGGEWORTH
7 Jun 24
144
Notice of proposed sale of securities
6 Jun 24
4
Gina Harrison
5 Jun 24
4
ROBERT A BRUGGEWORTH
24 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jul 23 | |
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Diluted EPS |
Annual (USD) | Mar 24 | Apr 23 | Apr 22 | Apr 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.05 bn | 1.05 bn | 1.05 bn | 1.05 bn | 1.05 bn | 1.05 bn |
Cash burn (monthly) | 14.24 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 55.55 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 993.70 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 69.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
86.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 562 |
Opened positions | 177 |
Closed positions | 70 |
Increased positions | 156 |
Reduced positions | 147 |
13F shares | Current |
---|---|
Total value | 8.85 tn |
Total shares | 82.48 mm |
Total puts | 492.60 k |
Total calls | 736.30 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 11.69 mm | $1.34 tn |
BLK Blackrock | 9.28 mm | $1.07 tn |
Capital Research Global Investors | 4.59 mm | $527.30 bn |
STT State Street | 4.49 mm | $515.87 bn |
FIL | 3.27 mm | $375.61 bn |
Geode Capital Management | 2.33 mm | $266.35 bn |
IVZ Invesco | 2.03 mm | $233.17 bn |
MS Morgan Stanley | 1.77 mm | $203.79 bn |
Vulcan Value Partners | 1.57 mm | $180.66 mm |
Citadel Advisors | 1.49 mm | $170.75 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Jul 24 | Harrison Gina | Common Stock | Payment of exercise | Dispose F | No | No | 117.13 | 134 | 15.70 k | 20,832 |
17 Jun 24 | Creviston Steven E | Common Stock | Sell | Dispose S | No | Yes | 112.36 | 3,000 | 337.08 k | 83,591 |
12 Jun 24 | Harrison Gina | Common Stock | Sell | Dispose S | No | Yes | 106.05 | 210 | 22.27 k | 20,966 |
6 Jun 24 | Bruggeworth Robert A | Common Stock | Sell | Dispose S | No | Yes | 100 | 15,279 | 1.53 mm | 190,161 |
5 Jun 24 | Harrison Gina | Common Stock | Grant | Acquire A | No | No | 0 | 921 | 0.00 | 21,176 |
News
Key Takeaways From Qorvo Analyst Ratings
17 Jul 24
Susquehanna Maintains Neutral on Qorvo, Raises Price Target to $145
17 Jul 24
Apple And Broadcom Were Among 10 Large Cap Stocks With Biggest Gains In The Last Week (June 9-June 15, 2024): Are They In Your Portfolio?
16 Jun 24
Semiconductors Hit Record Highs As Industry Reaches $6.3 Trillion: 5 Chip Stocks That Outpaced Nvidia This Week
14 Jun 24
Nasdaq 100, S&P 500 Close At Record Highs As Tech Stocks Reclaim Dominance: Thursday's Gainers & Losers
13 Jun 24
Press releases
Qorvo® to Webcast Quarterly Earnings Conference Call on July 30, 2024
16 Jul 24
Cambridge GaN Devices to Bring GaN Benefits to Motor Control
6 Jun 24
Qorvo® To Webcast Investor Day Presentation on Tuesday, June 11, 2024
5 Jun 24
Qorvo Announces Verdict and Damage Award in Litigation Versus Akoustis
20 May 24
Qorvo® Announces Fiscal 2024 Fourth Quarter Financial Results
1 May 24