Marvell Technology, Inc. $MRVL Shares Acquired by Arista Wealth Management LLC

Arista Wealth Management LLC increased its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 132.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,500 shares of the semiconductor company’s stock after acquiring an additional 4,278 shares during the period. Arista Wealth Management LLC’s holdings in Marvell Technology were worth $637,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its position in Marvell Technology by 23.5% during the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after purchasing an additional 15,166,976 shares during the last quarter. Wilson Asset Management International PTY Ltd. increased its position in Marvell Technology by 20.4% during the fourth quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock worth $11,442,000 after purchasing an additional 22,837 shares during the last quarter. Varma Mutual Pension Insurance Co increased its position in Marvell Technology by 25.4% during the fourth quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock worth $13,477,000 after purchasing an additional 32,130 shares during the last quarter. Equitable Trust Co. increased its position in Marvell Technology by 23.3% during the third quarter. Equitable Trust Co. now owns 68,254 shares of the semiconductor company’s stock worth $5,738,000 after purchasing an additional 12,916 shares during the last quarter. Finally, Lombard Odier Asset Management USA Corp increased its position in Marvell Technology by 60.5% during the third quarter. Lombard Odier Asset Management USA Corp now owns 32,032 shares of the semiconductor company’s stock worth $2,693,000 after purchasing an additional 12,076 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Marvell reported Q1 adjusted EPS of $0.80, matching Wall Street expectations, while revenue rose 28% year over year to a record $2.42 billion, slightly ahead of estimates. Article Title
• Positive Sentiment: The company said AI-related bookings were exceptionally strong and expects revenue growth to keep accelerating each quarter for the rest of the fiscal year, reinforcing the bullish AI growth narrative. Article Title
• Positive Sentiment: Marvell also guided Q2 EPS and revenue above consensus, signaling that demand from data-center and custom AI chips is still ramping. Article Title
• Positive Sentiment: Analysts raised price targets ahead of the report, including HSBC’s upgrade to buy and a new street-high $300 target, which helped fuel pre-earnings momentum. Article Title
• Neutral Sentiment: Profit was slimmer than a year ago because of acquisition-related costs, but investors appear focused more on AI-driven revenue growth and guidance than on near-term margin pressure. Article Title

Analyst Ratings Changes

Several brokerages recently commented on MRVL. TD Cowen raised shares of Marvell Technology from a “hold” rating to a “buy” rating in a research report on Tuesday. Morgan Stanley upped their price target on shares of Marvell Technology from $103.00 to $172.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Needham & Company LLC dropped their price objective on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Roth Mkm reissued a “buy” rating and issued a $275.00 price objective on shares of Marvell Technology in a research report on Wednesday. Finally, Craig Hallum lifted their target price on shares of Marvell Technology from $141.00 to $164.00 and gave the company a “buy” rating in a report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus target price of $165.79.

Insider Buying and Selling at Marvell Technology

In related news, insider Sandeep Bharathi sold 66,892 shares of the firm’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the completion of the sale, the insider directly owned 55,199 shares of the company’s stock, valued at approximately $7,195,189.65. This trade represents a 54.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Mark Casper sold 10,000 shares of the firm’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $135.50, for a total transaction of $1,355,000.00. Following the sale, the executive vice president directly owned 35,878 shares of the company’s stock, valued at approximately $4,861,469. The trade was a 21.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 245,060 shares of company stock worth $29,901,072. 0.12% of the stock is currently owned by insiders.

Marvell Technology Stock Down 4.6%

Shares of Marvell Technology stock opened at $198.70 on Thursday. The company has a fifty day moving average price of $141.54 and a 200 day moving average price of $104.44. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a twelve month low of $58.61 and a twelve month high of $218.26. The stock has a market cap of $178.30 billion, a price-to-earnings ratio of 64.51, a price-to-earnings-growth ratio of 1.73 and a beta of 2.25.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.80. The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business’s revenue was up 27.6% on a year-over-year basis. During the same period last year, the business earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts forecast that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, April 10th. Marvell Technology’s dividend payout ratio (DPR) is presently 7.79%.

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.