Marvell Technology, Inc. $MRVL Shares Sold by Caliber Wealth Management LLC KS

Caliber Wealth Management LLC KS decreased its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 2.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,234 shares of the semiconductor company’s stock after selling 156 shares during the period. Caliber Wealth Management LLC KS’s holdings in Marvell Technology were worth $405,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Rehmann Capital Advisory Group lifted its stake in shares of Marvell Technology by 12.0% in the second quarter. Rehmann Capital Advisory Group now owns 4,226 shares of the semiconductor company’s stock valued at $327,000 after purchasing an additional 452 shares during the period. Onyx Bridge Wealth Group LLC raised its position in Marvell Technology by 13.3% during the second quarter. Onyx Bridge Wealth Group LLC now owns 8,713 shares of the semiconductor company’s stock worth $674,000 after acquiring an additional 1,025 shares during the last quarter. Brookstone Capital Management acquired a new position in Marvell Technology during the second quarter worth about $257,000. FNY Investment Advisers LLC acquired a new position in Marvell Technology during the second quarter worth about $193,000. Finally, Advantage Trust Co raised its position in Marvell Technology by 122.7% during the second quarter. Advantage Trust Co now owns 1,806 shares of the semiconductor company’s stock worth $140,000 after acquiring an additional 995 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Cantor Fitzgerald restated a “neutral” rating and set a $75.00 target price on shares of Marvell Technology in a research report on Friday, August 29th. Bank of America restated a “neutral” rating and set a $78.00 target price (down previously from $90.00) on shares of Marvell Technology in a research report on Friday, August 29th. Morgan Stanley cut their target price on shares of Marvell Technology from $80.00 to $76.00 and set an “equal weight” rating for the company in a research report on Friday, August 29th. JPMorgan Chase & Co. cut their target price on shares of Marvell Technology from $130.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday, August 29th. Finally, Benchmark restated a “buy” rating and set a $95.00 target price on shares of Marvell Technology in a research report on Friday, August 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $93.06.

Marvell Technology Price Performance

Marvell Technology stock opened at $81.05 on Thursday. Marvell Technology, Inc. has a 1 year low of $47.08 and a 1 year high of $127.48. The firm has a 50 day moving average price of $76.90 and a 200 day moving average price of $70.19. The company has a market cap of $69.87 billion, a price-to-earnings ratio of -623.46, a PEG ratio of 1.03 and a beta of 1.94. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 1.88.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.67. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the previous year, the firm earned $0.30 earnings per share. Marvell Technology’s revenue was up 57.6% compared to the same quarter last year. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. Sell-side analysts predict that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 30th. Investors of record on Friday, October 10th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, October 10th. Marvell Technology’s payout ratio is presently -184.62%.

Marvell Technology declared that its Board of Directors has authorized a share repurchase plan on Wednesday, September 24th that allows the company to buyback $5.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to purchase up to 7.8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at Marvell Technology

In other Marvell Technology news, insider Sandeep Bharathi purchased 3,400 shares of Marvell Technology stock in a transaction on Thursday, September 25th. The shares were purchased at an average cost of $78.03 per share, with a total value of $265,302.00. Following the completion of the transaction, the insider directly owned 73,392 shares in the company, valued at approximately $5,726,777.76. This represents a 4.86% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew J. Murphy purchased 13,600 shares of Marvell Technology stock in a transaction on Thursday, September 25th. The shares were acquired at an average cost of $77.09 per share, for a total transaction of $1,048,424.00. Following the completion of the transaction, the chief executive officer owned 268,637 shares of the company’s stock, valued at $20,709,226.33. This represents a 5.33% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 27,200 shares of company stock valued at $2,109,632 in the last ninety days. 0.19% of the stock is owned by company insiders.

About Marvell Technology

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.