Bensler LLC Purchases 5,241 Shares of Marvell Technology, Inc. $MRVL

Bensler LLC boosted its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 10.6% during the second quarter, HoldingsChannel.com reports. The fund owned 54,634 shares of the semiconductor company’s stock after buying an additional 5,241 shares during the quarter. Bensler LLC’s holdings in Marvell Technology were worth $4,229,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. increased its stake in shares of Marvell Technology by 6.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,115 shares of the semiconductor company’s stock valued at $164,000 after purchasing an additional 137 shares during the last quarter. Richards Merrill & Peterson Inc. lifted its position in shares of Marvell Technology by 4.0% during the 2nd quarter. Richards Merrill & Peterson Inc. now owns 3,606 shares of the semiconductor company’s stock worth $279,000 after buying an additional 139 shares during the last quarter. Retirement Planning Group LLC NY lifted its position in shares of Marvell Technology by 4.0% during the 2nd quarter. Retirement Planning Group LLC NY now owns 3,722 shares of the semiconductor company’s stock worth $288,000 after buying an additional 142 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in Marvell Technology by 0.8% in the second quarter. Harbor Capital Advisors Inc. now owns 19,945 shares of the semiconductor company’s stock valued at $1,544,000 after buying an additional 151 shares in the last quarter. Finally, Mayflower Financial Advisors LLC grew its position in Marvell Technology by 3.4% in the second quarter. Mayflower Financial Advisors LLC now owns 4,579 shares of the semiconductor company’s stock valued at $354,000 after acquiring an additional 151 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, COO Chris Koopmans bought 6,800 shares of the firm’s stock in a transaction on Thursday, September 25th. The stock was acquired at an average price of $78.03 per share, with a total value of $530,604.00. Following the transaction, the chief operating officer owned 104,825 shares of the company’s stock, valued at $8,179,494.75. This trade represents a 6.94% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew J. Murphy purchased 13,600 shares of the company’s stock in a transaction dated Thursday, September 25th. The stock was purchased at an average price of $77.09 per share, for a total transaction of $1,048,424.00. Following the transaction, the chief executive officer directly owned 268,637 shares in the company, valued at approximately $20,709,226.33. This trade represents a 5.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 27,200 shares of company stock valued at $2,109,632 over the last three months. 0.19% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on MRVL. Barclays reissued an “equal weight” rating and issued a $80.00 target price on shares of Marvell Technology in a report on Monday, October 20th. Benchmark reissued a “buy” rating and issued a $95.00 price objective on shares of Marvell Technology in a research note on Friday, August 29th. Wall Street Zen upgraded shares of Marvell Technology from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Oppenheimer upped their price target on shares of Marvell Technology from $95.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Marvell Technology in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average target price of $93.06.

Marvell Technology Price Performance

MRVL stock opened at $90.92 on Friday. The company has a market capitalization of $78.38 billion, a P/E ratio of -699.38, a PEG ratio of 1.10 and a beta of 1.95. The company has a fifty day moving average price of $80.70 and a 200-day moving average price of $73.33. 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, Inc. has a 52-week low of $47.08 and a 52-week high of $127.48.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. The company had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2.01 billion. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. Marvell Technology’s revenue for the quarter was up 57.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. As a group, equities analysts expect that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology announced that its board has authorized a stock buyback program on Wednesday, September 24th that permits the company to buyback $5.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 7.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 30th. Stockholders of record on Friday, October 10th were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, October 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio is presently -184.62%.

Marvell Technology 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.