Marvell Technology (NASDAQ:MRVL – Get Free Report) released its quarterly earnings results on Thursday. The semiconductor company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.01, Briefing.com reports. Marvell Technology had a positive return on equity of 4.59% and a negative net margin of 27.49%. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same quarter last year, the firm posted $0.24 EPS. The company’s revenue was up 63.3% compared to the same quarter last year. Marvell Technology updated its Q2 2026 guidance to 0.620-0.720 EPS.
Marvell Technology Stock Performance
MRVL stock opened at $63.73 on Friday. The stock’s 50 day simple moving average is $58.96 and its 200 day simple moving average is $87.09. The company has a current ratio of 1.60, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30. Marvell Technology has a 12-month low of $47.09 and a 12-month high of $127.48. The stock has a market capitalization of $55.05 billion, a PE ratio of -37.49, a price-to-earnings-growth ratio of 1.61 and a beta of 1.83.
Marvell Technology Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Investors of record on Friday, April 11th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend was Friday, April 11th. Marvell Technology’s dividend payout ratio (DPR) is currently -23.53%.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on MRVL
Insider Activity at Marvell Technology
In related news, Director Brad W. Buss bought 3,000 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The shares were bought at an average price of $69.00 per share, for a total transaction of $207,000.00. Following the completion of the acquisition, the director now owns 87,113 shares of the company’s stock, valued at $6,010,797. This trade represents a 3.57% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Mark Casper sold 12,460 shares of the business’s stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $55.00, for a total transaction of $685,300.00. The disclosure for this sale can be found here. Insiders have sold 33,541 shares of company stock valued at $2,079,948 over the last ninety days. Insiders own 0.33% of the company’s stock.
Institutional Trading of Marvell Technology
A hedge fund recently raised its stake in Marvell Technology stock. Intech Investment Management LLC raised its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 3.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,784 shares of the semiconductor company’s stock after purchasing an additional 1,085 shares during the quarter. Intech Investment Management LLC’s holdings in Marvell Technology were worth $1,772,000 as of its most recent SEC filing. 83.51% of the stock is owned by hedge funds and other institutional investors.
Marvell Technology Company Profile
Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.
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