Kestra Advisory Services LLC Acquires 2,183 Shares of Marvell Technology, Inc. $MRVL

Kestra Advisory Services LLC increased its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 2.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 108,696 shares of the semiconductor company’s stock after acquiring an additional 2,183 shares during the period. Kestra Advisory Services LLC’s holdings in Marvell Technology were worth $10,766,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC acquired a new stake in Marvell Technology during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC raised its holdings in shares of Marvell Technology by 978.3% in the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares in the last quarter. Jessup Wealth Management Inc acquired a new position in shares of Marvell Technology in the 4th quarter worth approximately $25,000. Cherry Tree Wealth Management LLC bought a new position in shares of Marvell Technology during the 4th quarter worth approximately $26,000. Finally, MidFirst Bank bought a new position in shares of Marvell Technology during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell highlighted progress in its AI infrastructure business, with reports that its five AI growth engines support plans for about 40% revenue growth in fiscal 2027 and 45% in fiscal 2028. Article Title
• Positive Sentiment: Marvell also got a boost from analyst sentiment, with RBC Capital reaffirming a $360 price target as the AI-chip rebound lifted semiconductors broadly. Article Title
• Positive Sentiment: News that Marvell’s Tower PIC shipments for AI data-center optics reached 5 million units supports the view that demand for its optical and connectivity products remains strong. Article Title
• Neutral Sentiment: Shares were helped at times by a broader semiconductor rebound and improved market tone, including strength in the Nasdaq and AI-related stocks. Article Title
• Negative Sentiment: MRVL also slipped alongside other chip names ahead of SK Hynix’s U.S. trading debut, reflecting rotation and caution in the memory/AI chip space. Article Title
• Negative Sentiment: After a big advance over the past year, some investors and commentators are questioning whether Marvell’s valuation already reflects much of the AI optimism, which can weigh on the shares near term. Article Title

Marvell Technology Price Performance

Shares of MRVL stock opened at $235.81 on Monday. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The stock has a market capitalization of $206.29 billion, a PE ratio of 80.76, a PEG ratio of 1.54 and a beta of 2.20. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The stock’s fifty day moving average is $236.79 and its 200-day moving average is $145.36.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same period in the previous year, the business posted $0.62 earnings per share. The firm’s revenue for the quarter was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Friday, July 10th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, July 10th. Marvell Technology’s dividend payout ratio is 8.22%.

Wall Street Analysts Forecast Growth

MRVL has been the topic of a number of analyst reports. Zacks Research upgraded Marvell Technology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Scotiabank started coverage on shares of Marvell Technology in a report on Tuesday, May 26th. They issued an “outperform” rating on the stock. Benchmark increased their target price on shares of Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. The Goldman Sachs Group set a $180.00 price target on shares of Marvell Technology in a research report on Thursday, May 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Marvell Technology in a research note on Wednesday, June 24th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $244.97.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $281.92, for a total value of $2,819,200.00. Following the transaction, the chief operating officer directly owned 227,754 shares in the company, valued at approximately $64,208,407.68. This trade represents a 4.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total value of $1,329,450.00. Following the completion of the sale, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at $131,065,512.22. This trade represents a 1.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 160,373 shares of company stock valued at $24,938,664 over the last three months. Insiders own 0.12% of the company’s stock.

About Marvell Technology

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.