Vanguard Personalized Indexing Management LLC Grows Stake in Marvell Technology, Inc. $MRVL

Vanguard Personalized Indexing Management LLC raised its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 5.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,445 shares of the semiconductor company’s stock after buying an additional 4,117 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Marvell Technology were worth $6,227,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Game Plan Financial Advisors LLC purchased a new position in Marvell Technology during the 2nd quarter valued at approximately $27,000. Hughes Financial Services LLC purchased a new position in Marvell Technology during the 1st quarter valued at approximately $26,000. Financial Connections Group Inc. grew its holdings in Marvell Technology by 776.0% during the 1st quarter. Financial Connections Group Inc. now owns 438 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 388 shares in the last quarter. DiNuzzo Private Wealth Inc. grew its holdings in Marvell Technology by 786.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 443 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 393 shares in the last quarter. Finally, Rossby Financial LCC purchased a new position in Marvell Technology during the 1st quarter valued at approximately $27,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

Shares of MRVL stock opened at $89.39 on Tuesday. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $127.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 1.88. The firm has a market capitalization of $77.06 billion, a P/E ratio of -687.62, a P/E/G ratio of 1.05 and a beta of 1.94. The stock has a 50 day moving average price of $75.64 and a 200 day moving average price of $69.01.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.67. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period last year, the company earned $0.30 EPS. Marvell Technology’s quarterly 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. As a group, sell-side analysts predict that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 30th. Investors of record on Friday, October 10th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, October 10th. Marvell Technology’s dividend payout ratio (DPR) is currently -184.62%.

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

Wall Street Analyst Weigh In

Several research firms have weighed in on MRVL. Deutsche Bank Aktiengesellschaft raised their price target on Marvell Technology from $80.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, September 25th. The Goldman Sachs Group initiated coverage on Marvell Technology in a research note on Thursday, July 10th. They issued a “neutral” rating and a $75.00 price objective for the company. TD Cowen reaffirmed a “hold” rating and issued a $85.00 price objective (down from $90.00) on shares of Marvell Technology in a research note on Wednesday, October 1st. Jefferies Financial Group lowered their price objective on Marvell Technology from $90.00 to $80.00 and set a “buy” rating for the company in a research note on Friday, August 29th. Finally, UBS Group raised their price objective on Marvell Technology from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and a consensus target price of $92.67.

Insider Activity

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 cost of $78.03 per share, with a total value of $530,604.00. Following the transaction, the chief operating officer directly owned 104,825 shares in the company, valued at approximately $8,179,494.75. This trade represents a 6.94% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew J. Murphy bought 13,600 shares of the firm’s stock in a transaction on Thursday, September 25th. The shares were purchased at an average cost of $77.09 per share, with a total value of $1,048,424.00. Following the completion of the transaction, the chief executive officer owned 268,637 shares in the company, 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 purchased 27,200 shares of company stock worth $2,109,632 in the last three months. Corporate insiders own 0.33% of the company’s stock.

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.