5 Value Stocks to Buy According to Billionaire Seth Klarman

3. Qorvo, Inc. (NASDAQ:QRVO)

Number of Hedge Fund Holders: 44 

PE Ratio: 16.71 

Qorvo, Inc. (NASDAQ:QRVO) markets tech for wireless and wired connectivity. According to the latest data, Baupost Group owned 5 million shares in Qorvo, Inc. (NASDAQ:QRVO) at the end of September 2021 worth $850 million, representing 7.80% of the portfolio.  

Qorvo, Inc. (NASDAQ:QRVO) posted earnings for the third quarter in early November, reporting earnings per share of $3.42, beating predictions by $0.17. The revenue over the period was $1.2 billion, smashing expectations by $10 million. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Select Equity Group is a leading shareholder in Qorvo, Inc. (NASDAQ:QRVO) with 1.2 million shares worth more than $203 million.