The insider selling cluster is trivial relative to Qorvo's market cap and does not warrant a bearish read. Per academic literature, insider sales (especially outside the CEO alone) are weak predictors of future returns — the CEO's $2.90M exit could be liquidity/planning-driven. Monitor the next 8-K or earnings release for any guidance revision or segment headwinds in cellular/defense, but do not short or reduce position based on this filing.
Price Chart
Executive Summary
CEO Robert A. Bruggeworth sold $2.90M of Qorvo stock in open-market transactions on September 2, 2026, joined by two other senior executives selling smaller amounts. The total cluster of $2.90M represents 0.03% of Qorvo's $8.9B market cap — well below the 0.1% threshold for materiality — and is consistent with routine liquidity-driven selling. No insider buying was filed in the cluster window. The selling follows Qorvo's August 10, 2026 neutral-score filing and does not signal a material bearish view given the trivial proportionality to market cap.
Key Financial Metrics
Key Facts
- CEO Robert A. Bruggeworth sold 28,744 shares ($2.90M) in two open-market transactions on 2026-09-02 at $100.53-$101.35.
- SVP Frank P. Stewart sold 8,279 shares ($784K) open-market on 2026-08-31 and gifted 1,874 shares (non-cash) on the same date.
- SVP Paul J. Fego sold 2,500 shares ($250K) in two open-market trades on 2026-09-02.
- Total cluster dollar value: ~$3.93M, representing 0.04% of Qorvo's $8.9B market cap — trivial by proportionality standards.
- No insider buy transactions were reported in the 7-day cluster window.
- Zero non-cash transactions (A/F/M/C/G) beyond the gift; all reported trades are genuine open-market sales.
Financial Impact
Selling by CEO and two SVPs totals $3.93M in open-market sales, or 0.04% of Qorvo's $8.9B market cap — immaterial relative to company size. No insider buying to offset.
Risk Factors
- CEO selling $2.90M in a concentrated window could signal personal view of limited upside near-term, though amount is <0.1% of market cap.
- No insider buying to provide offsetting bullish signal — the absence of buys from other C-suite or board members is neutral.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-QRVO-1788505561381 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 18d ago | 144 | $107.98 $117.21 | ▲ +8.55% | ▲ +8.44% | $113.08 (+4.72%) |
Sep 11, 2026 21d ago | 425 | $116.65 $117.18 | ▲ +0.45% | ▲ +0.68% | $113.08 (−3.06%) |
Sep 3, 2026 29d ago | Insider Cluster | $100.38 $116.65 | ▲ +16.21% | ▲ +17.36% | $113.08 (+12.65%) |
Sep 2, 2026 29d ago | 144 | $100.38 $116.65 | ▲ +16.21% | ▲ +17.36% | $113.08 (+12.65%) |
Sep 2, 2026 4w ago | 144 | $100.16 $112.36 | ▲ +12.19% | ▲ +13.14% | $113.08 (+12.90%) |
Sep 2, 2026 4w ago | 425 | $100.16 $112.36 | ▲ +12.19% | ▲ +13.14% | $113.08 (+12.90%) |
Aug 18, 2026 6w ago | Insider Cluster | $95.37 $94.34 | ▲ +1.07% | ▲ +0.87% | $113.08 (−18.58%) |
Aug 10, 2026 7w ago | 425 | $96.68 $95.37 | ▼ −1.36% | ▼ −0.96% | $113.08 (+16.96%) |
Aug 3, 2026 8w ago | 425 | $89.49 $97.00 | ▲ +8.39% | ▲ +6.36% | $113.08 (+26.36%) |
Jul 15, 2026 11w ago | Press Release | $83.50 $86.73 | ▲ +3.87% | ▲ +5.54% | $113.08 (+35.43%) |
US Market Status
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