Goldenstone Wealth Management LLC Purchases New Shares in Marvell Technology, Inc. $MRVL

Goldenstone Wealth Management LLC purchased a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,915 shares of the semiconductor company’s stock, valued at approximately $333,000.

Other large investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new stake in Marvell Technology in the fourth quarter valued at $25,000. Elyxium Wealth LLC bought a new stake in Marvell Technology in the fourth quarter valued at $40,000. Strive Asset Management LLC bought a new stake in Marvell Technology in the third quarter valued at $42,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in Marvell Technology by 98.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 244 shares in the last quarter. Finally, Avalon Trust Co boosted its holdings in Marvell Technology by 70.6% in the third quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock valued at $55,000 after acquiring an additional 269 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

Insiders Place Their Bets

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $110.24, for a total value of $1,102,400.00. Following the completion of the transaction, the chief operating officer owned 133,870 shares of the company’s stock, valued at approximately $14,757,828.80. The trade was a 6.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Casper sold 10,854 shares of the business’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the completion of the transaction, the executive vice president directly owned 4,023 shares of the company’s stock, valued at approximately $430,501.23. This trade represents a 72.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 245,060 shares of company stock worth $29,901,072 in the last quarter. Insiders own 0.19% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on MRVL shares. Citigroup lifted their price target on shares of Marvell Technology from $113.00 to $118.00 and gave the company a “buy” rating in a report on Friday, March 6th. Evercore restated an “outperform” rating and set a $155.00 target price on shares of Marvell Technology in a report on Tuesday. Melius Research set a $220.00 target price on shares of Marvell Technology in a report on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Marvell Technology in a report on Friday, March 27th. Finally, UBS Group boosted their target price on shares of Marvell Technology from $120.00 to $195.00 and gave the company a “buy” rating in a report on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.70.

Marvell Technology Stock Performance

Shares of Marvell Technology stock opened at $186.80 on Thursday. The stock has a market cap of $167.62 billion, a price-to-earnings ratio of 60.65, a PEG ratio of 1.47 and a beta of 2.25. The firm’s 50-day moving average is $130.75 and its 200 day moving average is $100.69. Marvell Technology, Inc. has a 1 year low of $58.61 and a 1 year high of $193.32. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The company had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. Marvell Technology’s revenue was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Sell-side analysts anticipate that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s payout ratio is 7.79%.

Marvell Technology News Summary

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: Wells Fargo sharply raised its price target on Marvell Technology and reiterated an Overweight rating, citing “significant AWS Trainium expansion ahead” and stronger custom silicon momentum. Article Title
• Positive Sentiment: Evercore ISI also lifted its target on Marvell, pointing to rising AI infrastructure demand, which added to the bullish analyst momentum across the stock. Article Title
• Positive Sentiment: Several other reports highlighted bullish expectations for Marvell’s AI networking, hyperscaler spending, and custom AI chip business, suggesting investors are betting on stronger near-term and fiscal 2027 growth. Article Title
• Neutral Sentiment: Marvell’s recent earnings and guidance remain a key backdrop: the company beat consensus estimates last quarter and continues to guide for solid growth, but investors are now focused on whether AI-related backlog can translate into even stronger results. Article Title
• Negative Sentiment: Some commentary suggests much of the AI and optics upside may already be reflected in the valuation, and insider selling has been heavy over the past six months, which could temper enthusiasm if earnings do not exceed elevated expectations. Article Title

Marvell Technology Profile

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.