Afterhours Gainer in Focus: Qorvo, Inc. (NASDAQ:QRVO)

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the QRVO is 0.50%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the QRVO is 97.00%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that QRVO. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Qorvo, Inc. (NASDAQ:QRVO) is -30.53%.

Institutional transactions is the amount of a Qorvo, Inc. (NASDAQ:QRVO)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the QRVO is 0.81%.

A Technology sector firm, Qorvo, Inc. (NASDAQ:QRVO) stock went down -2.66% on Thursday and when day-trade ended the stock finally concluded at $71.34 and number of shares that changed hands during the day are 2.72 Million. The number of shares QRVO stock currently held by all its shareholders are 117.75 and floated shares, the number of shares are available for trading in an open market on last trading day are 117.52. The average volume of shares for 3 months is 1565.59 and QRVO stock value has moved between $54.88 – 87 in last one year.

The Qorvo, Inc. (NASDAQ:QRVO)’s latest earnings date is 8/1/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Qorvo, Inc. (NASDAQ:QRVO) is 38.70% and the profit margin is 4.30% and the stock has gained 17.47% in 2019 to date.

Qorvo, Inc. (NASDAQ:QRVO)’s monthly stock performance is 2.47%, the quarterly performance is -7.05%, the half year performance is calculated as 9.15%. The yearly performance of QRVO is -12.74%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Qorvo, Inc. (NASDAQ:QRVO) weekly volatility is measured as 3.37% and monthly volatility measured as 2.13%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. QRVO return on assets is 2.30%, the return on equity (ROE) of the Qorvo, Inc. (NASDAQ:QRVO) is 2.90%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and QRVO return on investment is 4.60%.

The price to earnings ratio is 77.54, price to sales ratio is 2.72, and price to book ratio is 1.99, price to free cash flow is 14.25.

Analysts mean target price for Qorvo, Inc. (NASDAQ:QRVO) is $73.26 while analysts mean recommendation is 2.60. The current share price indicates that stock is -17.52% away from its one year high and is moving 30.34% ahead of its 52-week low. QRVO’s distance from 20 day simple moving average is -0.57% and distance from 50-Day simple moving average is 6.52%.