Kera Capital Partners Inc. Acquires Shares of 2,826 Marvell Technology, Inc. $MRVL

Kera Capital Partners Inc. bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVLFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,826 shares of the semiconductor company’s stock, valued at approximately $223,000.

A number of other hedge funds and other institutional investors have also modified their holdings of MRVL. MV Capital Management Inc. acquired a new stake in Marvell Technology during the 4th quarter valued at approximately $58,000. McLaughlin Asset Management Inc. acquired a new position in shares of Marvell Technology in the 4th quarter valued at approximately $888,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Marvell Technology during the 4th quarter valued at approximately $95,000. Compound Planning Inc. boosted its stake in shares of Marvell Technology by 7.8% during the 4th quarter. Compound Planning Inc. now owns 30,417 shares of the semiconductor company’s stock valued at $2,585,000 after buying an additional 2,197 shares during the last quarter. Finally, Alpine Woods Capital Investors LLC acquired a new stake in shares of Marvell Technology during the fourth quarter worth approximately $651,000. 83.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MRVL has been the subject of a number of research analyst reports. HSBC set a $300.00 price target on shares of Marvell Technology and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Cantor Fitzgerald increased their price objective on shares of Marvell Technology from $190.00 to $220.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Stifel Nicolaus set a $321.00 price objective on shares of Marvell Technology in a report on Tuesday, June 2nd. Roth Mkm boosted their target price on shares of Marvell Technology from $135.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Finally, Raymond James Financial set a $235.00 target price on shares of Marvell Technology and gave the company a “strong-buy” rating in a research note on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $228.71.

View Our Latest Report on Marvell Technology

Marvell Technology News Summary

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

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, insider Sandeep Bharathi sold 66,892 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the sale, the insider directly owned 55,199 shares in the company, valued at approximately $7,195,189.65. This trade represents a 54.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed 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, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $110.24, for a total transaction of $1,102,400.00. Following the transaction, the chief operating officer directly owned 133,870 shares of the company’s stock, valued at approximately $14,757,828.80. This trade represents a 6.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 257,291 shares of company stock worth $32,627,131. 0.12% of the stock is owned by company insiders.

Marvell Technology Price Performance

MRVL opened at $307.86 on Tuesday. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average price is $205.26 and its 200 day moving average price is $128.57. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88. The firm has a market cap of $269.32 billion, a price-to-earnings ratio of 105.43, a price-to-earnings-growth ratio of 2.03 and a beta of 2.29.

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

Marvell Technology Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

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