D.A. Davidson & CO. Has $3.75 Million Position in Marvell Technology, Inc. $MRVL

D.A. Davidson & CO. boosted its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 21.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,615 shares of the semiconductor company’s stock after acquiring an additional 7,739 shares during the period. D.A. Davidson & CO.’s holdings in Marvell Technology were worth $3,751,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Baird Financial Group Inc. lifted its stake in shares of Marvell Technology by 15.8% during the 1st quarter. Baird Financial Group Inc. now owns 14,196 shares of the semiconductor company’s stock worth $874,000 after buying an additional 1,941 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in Marvell Technology by 90.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 19,320 shares of the semiconductor company’s stock valued at $1,190,000 after buying an additional 9,155 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Marvell Technology in the 1st quarter valued at about $501,000. Kestra Investment Management LLC lifted its position in Marvell Technology by 137.4% during the first quarter. Kestra Investment Management LLC now owns 2,395 shares of the semiconductor company’s stock worth $147,000 after acquiring an additional 1,386 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Marvell Technology by 4.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,702,611 shares of the semiconductor company’s stock worth $474,250,000 after acquiring an additional 362,409 shares during the last quarter. 83.51% of the stock is owned by institutional investors.

Analyst Ratings Changes

MRVL has been the topic of a number of recent research reports. The Goldman Sachs Group increased their target price on Marvell Technology from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. B. Riley reiterated a “buy” rating and set a $130.00 price objective (up previously from $100.00) on shares of Marvell Technology in a research report on Wednesday, December 3rd. Benchmark reissued a “hold” rating on shares of Marvell Technology in a report on Tuesday, December 23rd. Stifel Nicolaus upped their price target on shares of Marvell Technology from $95.00 to $114.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Finally, Roth Capital raised their price target on shares of Marvell Technology from $105.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Four analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and an average target price of $116.03.

Marvell Technology Price Performance

MRVL stock opened at $84.64 on Thursday. The company’s 50-day moving average price is $87.74 and its two-hundred day moving average price is $80.55. The firm has a market cap of $71.78 billion, a P/E ratio of 29.70, a P/E/G ratio of 0.85 and a beta of 1.95. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a 12 month low of $47.08 and a 12 month high of $127.48.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.06 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The firm’s quarterly revenue was up 36.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.43 EPS. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. On average, analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 29th. Stockholders of record on Friday, January 9th will be paid a $0.06 dividend. The ex-dividend date is Friday, January 9th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is presently 8.42%.

Marvell Technology declared that its board has approved a share repurchase program on Wednesday, September 24th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the semiconductor company to reacquire up to 7.8% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Insider Activity at Marvell Technology

In other news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the transaction, the executive vice president owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. The trade was a 20.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.19% of the company’s stock.

Marvell Technology News Summary

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

• Positive Sentiment: Multiple analyst upgrades and bullish notes signal strong demand outlook and give upside support — Melius Research upgraded MRVL to Buy with a $135 target, and Rosenblatt reaffirmed a Buy with a $120 target, highlighting upside from AI/data-center exposure. Marvell Technology (NASDAQ:MRVL) Stock Rating Upgraded by Melius Melius Research upgrades Marvell Rosenblatt reiterates Buy
• Positive Sentiment: JPMorgan/market commentary points to accelerating AI bookings and a large addressable market, reinforcing revenue and margin upside expectations for Marvell. This supports longer-term investor confidence. Marvell CEO Says AI Bookings Are ‘On Fire’
• Neutral Sentiment: Marvell announced a $540M deal to buy XConn Technologies to expand connectivity for AI/data-center builds — strategically logical for product roadmap but adds acquisition execution and integration risk that could take time to accrete to earnings. Marvell to buy XConn in $540M deal (Reuters) Marvell To Acquire XConn (Benzinga)
• Neutral Sentiment: Market commentary and analysis pieces argue MRVL could still be undervalued given free cash flow and recent deals — these views may attract longer-term buyers but are speculative and contrast with short-term option/flow dynamics. Unusual Volume In Marvell Put Options (TalkMarkets) Unusual Volume in Marvell Put Options (Barchart)
• Negative Sentiment: Shares sold off after the XConn acquisition was announced, suggesting investors are worried about deal cost, near-term dilution/returns or are taking profits after recent gains. This selling pressure explains part of today’s decline. Marvell stock falls after XConn announcement
• Negative Sentiment: An EVP, Mark Casper, disclosed a sale of 5,000 shares at about $93 — insider selling can be interpreted negatively by some investors even if for personal/liquidity reasons. SEC Form 4: Mark Casper sale

Marvell Technology Company 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.