Horst & Graben Wealth Management LLC Makes New $409,000 Investment in Marvell Technology, Inc. $MRVL

Horst & Graben Wealth Management LLC purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 4,127 shares of the semiconductor company’s stock, valued at approximately $409,000.

Several other large investors also recently modified their holdings of MRVL. Mayflower Financial Advisors LLC boosted its stake in Marvell Technology by 1.7% during the first quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock worth $407,000 after acquiring an additional 68 shares in the last quarter. Bell Investment Advisors Inc increased its stake in Marvell Technology by 12.9% in the first quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock valued at $62,000 after purchasing an additional 72 shares in the last quarter. Schear Investment Advisers LLC increased its stake in Marvell Technology by 1.4% in the first quarter. Schear Investment Advisers LLC now owns 7,551 shares of the semiconductor company’s stock valued at $748,000 after purchasing an additional 106 shares in the last quarter. Thoma Capital Management LLC raised its holdings in shares of Marvell Technology by 1.3% during the first quarter. Thoma Capital Management LLC now owns 8,711 shares of the semiconductor company’s stock valued at $863,000 after purchasing an additional 114 shares during the period. Finally, Keel Point LLC boosted its position in shares of Marvell Technology by 2.2% during the 4th quarter. Keel Point LLC now owns 5,649 shares of the semiconductor company’s stock worth $480,000 after purchasing an additional 124 shares in the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Price Performance

Marvell Technology stock opened at $230.70 on Wednesday. The company’s 50 day moving average price is $231.93 and its two-hundred day moving average price is $142.14. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The stock has a market cap of $201.82 billion, a P/E ratio of 79.01, a P/E/G ratio of 1.63 and a beta of 2.20.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.80. The firm 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%.The business’s revenue for the quarter was up 27.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, equities analysts predict that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Announces Dividend

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

Insider Activity at Marvell Technology

In related news, CFO Willem A. Meintjes sold 30,000 shares of Marvell Technology stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total value of $4,020,300.00. Following the completion of the transaction, the chief financial officer directly owned 154,111 shares in the company, valued at approximately $20,652,415.11. The trade was a 16.29% decrease in their position. The transaction 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 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 transaction, the chief executive officer owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. This trade represents a 1.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 160,373 shares of company stock worth $24,938,664 in the last three months. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on MRVL shares. Zacks Research upgraded Marvell Technology from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Marvell Technology in a report on Wednesday, June 24th. Scotiabank initiated coverage on Marvell Technology in a research note on Tuesday, May 26th. They issued an “outperform” rating for the company. Melius Research set a $220.00 target price on Marvell Technology in a research report on Monday, May 18th. Finally, Barclays increased their target price on Marvell Technology from $150.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $244.97.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: RBC Capital reaffirmed its Outperform rating on Marvell and set a $360 price target, signaling continued Wall Street confidence in the company’s AI and data-center growth story. RBC Reaffirms Outperform Rating for Marvell Technology (MRVL)
• Positive Sentiment: Analysts continue to view Marvell as a major AI infrastructure beneficiary, with recent commentary highlighting its role in custom AI silicon and its deeper NVIDIA-related positioning. Marvell Technology (MRVL) Deepens NVIDIA Tie Up With NVLink Role In AI Infrastructure
• Neutral Sentiment: Marvell’s stock also remains in focus after being removed from some Russell value indexes, a change that can affect index-linked trading flows and add short-term volatility. Is Marvell Technology (MRVL) Fully Valued Following Its Russell Value Index Removal?
• Negative Sentiment: MRVL is being pressured by a broader semiconductor and AI-chip sell-off, with investors questioning whether the sector’s rapid rally has outrun fundamentals and valuations. US Equity Markets Lower as Semiconductor Stocks Fall, Crude Oil Prices Rise
• Negative Sentiment: Market commentary also points to insider-sale disclosures in recent SEC filings, which may be adding to investor caution even if they do not change the company’s long-term outlook. Marvell Technology SEC Filings

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.