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RF Micro Devices (NASDAQ:RFMD) VP Barry D. Church unloaded 8,774 shares of RF Micro Devices stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $11.79, for a total value of $103,445.46. Following the sale, the vice president now directly owns 86,109 shares of the company’s stock, valued at approximately $1,015,225. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Pacific Crest reiterated an “outperform” rating on shares of RF Micro Devices in a research note on Thursday, August 7th. Separately, analysts at Zacks upgraded shares of RF Micro Devices from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 30th. They now have a $11.90 price target on the stock. Finally, analysts at Raymond James reiterated a “strong-buy” rating on shares of RF Micro Devices in a research note on Friday, July 25th. They now have a $13.00 price target on the stock, up previously from $10.50. Four equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $12.24.

Shares of RF Micro Devices (NASDAQ:RFMD) traded up 0.17% on Thursday, hitting $11.99. The stock had a trading volume of 8,483,019 shares. RF Micro Devices has a 52-week low of $4.50 and a 52-week high of $12.10. The stock has a 50-day moving average of $10.74 and a 200-day moving average of $8.76. The company has a market cap of $3.449 billion and a price-to-earnings ratio of 73.89.

RF Micro Devices (NASDAQ:RFMD) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.07. The company had revenue of $316.30 million for the quarter, compared to the consensus estimate of $304.86 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, analysts predict that RF Micro Devices will post $1.02 earnings per share for the current fiscal year.

RF Micro Devices, Inc is engaged in the design and manufacture of radio frequency (NASDAQ:RFMD) solutions.

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