Maridea Wealth Management LLC bought a new position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,889 shares of the semiconductor company’s stock, valued at approximately $2,648,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC purchased a new stake in Marvell Technology during the fourth quarter valued at about $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 purchasing an additional 225 shares during the period. Jessup Wealth Management Inc purchased a new position in shares of Marvell Technology in the 4th quarter worth about $25,000. Cherry Tree Wealth Management LLC acquired a new position in shares of Marvell Technology in the 4th quarter valued at about $26,000. Finally, MidFirst Bank acquired a new position in shares of Marvell Technology in the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 83.51% of the company’s stock.
More Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: UBS said Marvell is well positioned ahead of earnings, while TD Cowen raised its price target from $200 to $225 and maintained a “hold” rating. Analysts continue to view Marvell’s custom silicon, networking and optical businesses as beneficiaries of AI data-center investment. UBS Marvell earnings commentary
- Positive Sentiment: Marvell’s new AI memory and storage products, including solutions for CXL memory expansion and optical shared memory, strengthen its exposure to large-scale inference workloads. Its co-packaged optics efforts also support the long-term AI infrastructure narrative. Marvell AI memory products
- Neutral Sentiment: Investors are now focused on whether projected fiscal Q2 revenue of roughly $2.71 billion and earnings near $0.87 per share can justify the stock’s elevated valuation after its substantial year-to-date advance. Marvell earnings expectations
- Negative Sentiment: Rising Treasury yields pressured semiconductor and other growth stocks, overwhelming otherwise bullish AI commentary. A sharp decline in Fabrinet also spread caution across the AI optical and interconnect group, raising concerns about whether infrastructure spending expectations have become too aggressive. Fabrinet impact on AI optical stocks
- Negative Sentiment: CEO Matthew Murphy sold 7,500 shares for approximately $1.77 million under a pre-arranged Rule 10b5-1 plan. Although the sale reduced his holdings by less than 1%, reports of broad insider selling added to investor caution before earnings. Marvell CEO insider sale
Insider Buying and Selling
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on MRVL shares. Weiss Ratings reissued a “hold (c)” rating on shares of Marvell Technology in a research report on Wednesday, June 24th. Jefferies Financial Group lifted their price target on shares of Marvell Technology from $149.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Raymond James Financial set a $235.00 price objective on shares of Marvell Technology and gave the stock a “strong-buy” rating in a research note on Thursday, May 28th. Cantor Fitzgerald upped their price target on shares of Marvell Technology from $220.00 to $300.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Finally, Oppenheimer increased their price objective on shares of Marvell Technology from $200.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $244.81.
Check Out Our Latest Stock Report on MRVL
Marvell Technology Stock Down 7.8%
NASDAQ:MRVL opened at $216.00 on Wednesday. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. The stock has a 50 day moving average of $235.49 and a 200-day moving average of $168.26. The firm has a market capitalization of $188.96 billion, a PE ratio of 73.97, a price-to-earnings-growth ratio of 1.39 and a beta of 2.24. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter last year, the business posted $0.62 EPS. The business’s revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current year.
Marvell Technology Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is presently 8.22%.
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.
Featured Articles
- Five stocks we like better than Marvell Technology
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Want to see what other hedge funds are holding MRVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVL – Free Report).
Receive News & Ratings for Marvell Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marvell Technology and related companies with MarketBeat.com's FREE daily email newsletter.
