QRVO Qorvo, Inc.
Price Chart
Executive Summary
Starboard Value LP, an affiliate of a Qorvo director, filed a Form 144 on June 2, 2026 indicating intent to sell 1,900,000 shares of QRVO common stock, with an aggregate market value of approximately $192.3 million based on the filing date. This represents about 2.2% of the company's $8.8B market cap and is a materially large proposed sale by an activist fund that holds board representation, signaling potential de-escalation of engagement or a partial exit.
Actionable Insight
The sheer size of this proposed insider/affiliate sale (largest single insider disposition observed in the prior 30-day window by a factor of 30x) is likely to pressure QRVO shares near term. Given Starboard's activist profile and board representation, this signals reduced conviction or a tactical exit. Traders should watch for follow-through trades on Form 4 over the next 90 days and monitor whether other insiders adjust their positions.
Key Facts
- Starboard Value LP filed a Form 144 to sell 571,906 shares via Instinet LLC and 1,328,094 shares via JP Morgan Securities LLC, totaling 1,900,000 shares.
- Aggregate proposed sale value at filing: approximately $192.3 million (1,900,000 × $101.20 based on $8.8B market cap / ~86.9M shares outstanding).
- Shares were acquired in open market purchases between October 30, 2024 and March 21, 2025, according to the filing.
- The proposed sale equals roughly 2.2% of Qorvo's market cap, a very large proportional insider/affiliate disposal.
- Starboard Value LP is identified as an 'Affiliate of Director' suggesting board-level engagement at Qorvo.
Financial Impact
Proposed sale of 1,900,000 shares valued at ~$192 million, representing ~2.2% of the company's $8.8B market capitalization.
Risk Factors
- Sale overhang could pressure stock in the near term despite $8.8B market cap absorbing some flow.
- Activist de-escalation removes potential catalyst for operational improvements or strategic alternatives.
- Form 144 is intent only — sale may not fully execute, but the filing itself signals insider intent.
- Concentration of selling via two large brokers suggests pre-arranged plan, increasing probability of execution.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0000921895-26-001540 |
| Document: 0000921895-26-001540-index.html | 0000921895-26-001540 |
| Document: 0000921895-26-001540.txt | 0000921895-26-001540 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 12, 2026
1d ago
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8-K / 425
| $97.62 awaiting T+1 | awaiting T+1 | — | $98.59 (+0.99%) |
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Jun 9, 2026
4d ago
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8-K
| $99.83 awaiting T+1 | awaiting T+1 | — | $98.59 (−1.24%) |
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Jun 3, 2026
10d ago
|
Insider Cluster
| $102.64 awaiting T+1 | awaiting T+1 | — | $98.59 (+3.95%) |
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Jun 3, 2026
10d ago
|
Insider Cluster
| $104.22 $103.67 | ▲ +0.53% | ▲ +0.93% | $98.59 (+5.40%) |
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Jun 3, 2026
10d ago
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144
| $104.22 $103.67 | ▲ +0.53% | ▲ +0.93% | $98.59 (+5.40%) |
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Jun 1, 2026
11d ago
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144
| $99.92 $102.24 | ▲ +2.32% | ▲ +2.18% | $98.59 (−1.33%) |
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May 26, 2026
17d ago
|
Insider Cluster
| $103.66 $106.15 | ▲ +2.40% | ▲ +1.85% | $98.59 (−4.89%) |
|
May 22, 2026
21d ago
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144
| $106.28 $107.89 | ▲ +1.51% | ▲ +0.93% | $98.59 (−7.23%) |
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May 6, 2026
5w ago
|
425
| $88.64 $88.70 | ▲ +0.07% | ▲ +0.40% | $98.59 (+11.23%) |
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May 5, 2026
5w ago
|
Press Release
| $88.64 $88.70 | ▲ +0.07% | ▲ +0.40% | $98.59 (+11.23%) |
US Market Status
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