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2 clusters · 3 sources · 13 days · First seen · Last updated

Institutional investment activity in Qorvo Inc

Overview

Institutional investment in Qorvo Inc. has seen significant activity following strong quarterly earnings. Qorvo reported earnings of $1.64 per share on revenue of $784.79 million, exceeding analyst expectations. This performance led several research houses, including UBS, Barclays, and Craig Hallum, to issue upgrades or positive price targets.

In tandem with these financial results, SEC filings indicate shifting institutional holdings. Amundi Asset Management increased its stake to 0.88%, while Mirae Asset Global Investments Co. Ltd. grew its position by 11.1%. Other major entities, including Bank of America Corp DE, AQR Arbitrage LLC, and Norges Bank, also made notable acquisitions in the company.

Recent SEC filings confirm that Mirae Asset Global Investments Co. Ltd. maintained its momentum in the semiconductor and wireless space, growing its position in Qorvo, Inc. by 11.1% during the second quarter.

Entities

Verizon Communications · Westhampton Capital LLC · Amundi Asset Management · Cloudflare, Inc. · Barclays

Timeline

  1. 8 days ago

    [BUSINESS] 3 sources
    Institutional investors adjust holdings in Palantir, Verizon, and other major firms

    Recent SEC filings reveal diverse institutional trading activity, including increased stakes in Palantir and Verizon, and a significant reduction in Progressive Corporation holdings.

  2. 21 days ago

    [BUSINESS] 2 sources
    Qorvo Shares Rise as Amundi Boosts Stake and Analysts Upgrade Rating

    Amundi raised its Qorvo stake to 0.88% while analysts upgraded the stock to “Buy,” after Qorvo posted earnings of $1.64 EPS on $784.8 M revenue, beating forecasts.

Sources

mommygearest.com · otravel.com · stocknews.com

This summary has been updated 1 time: see revision history