3,515 Shares in Marvell Technology, Inc. $MRVL Acquired by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the first quarter, HoldingsChannel reports. The fund bought 3,515 shares of the semiconductor company’s stock, valued at approximately $348,000.

Other large investors also recently bought and sold shares of the company. Focused Wealth Management Inc acquired a new stake in Marvell Technology during the 1st quarter worth approximately $608,000. Swedbank AB lifted its position in Marvell Technology by 2.8% during the first quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock valued at $315,925,000 after buying an additional 85,816 shares in the last quarter. Wilson Asset Management International PTY Ltd. grew its stake 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 buying an additional 22,837 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Marvell Technology by 49.7% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company’s stock worth $27,105,000 after acquiring an additional 90,800 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co lifted its holdings in shares of Marvell Technology by 25.4% during the 4th quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock valued at $13,477,000 after acquiring an additional 32,130 shares in the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

NASDAQ:MRVL opened at $188.68 on Monday. 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 $240.52 and a 200-day moving average of $149.51. The firm has a market capitalization of $165.06 billion, a PE ratio of 64.62, a price-to-earnings-growth ratio of 1.24 and a beta of 2.20. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting 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 during the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the prior year, the firm posted $0.62 earnings per share. The company’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 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Friday, July 10th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, July 10th. Marvell Technology’s dividend payout ratio is currently 8.22%.

Insiders Place Their Bets

In other Marvell Technology news, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the completion of the sale, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. This represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total value of $632,272.50. Following the transaction, the chief financial officer directly owned 6,902 shares in the company, valued at $1,939,531.02. The trade was a 24.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 45,981 shares of company stock worth $9,835,542 over the last three months. Company insiders own 0.12% of the company’s stock.

More Marvell Technology News

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

• Positive Sentiment: Erste Group raised its FY2028 earnings estimate for Marvell, signaling continued confidence in long-term profitability even after the recent selloff.
• Positive Sentiment: Several articles highlighted Marvell’s AI infrastructure exposure, record data-center revenue, and strong design wins, which could support a rebound if AI spending remains robust. Article reference
• Neutral Sentiment: Recent commentary framed Marvell as a key AI infrastructure beneficiary, but also noted that the stock’s valuation leaves little room for execution mistakes. Article reference
• Neutral Sentiment: Broader tech volatility and a sharp semiconductor selloff have weighed on sentiment across the group, including Marvell, even as some analysts remain constructive. Article reference
• Negative Sentiment: Erste Group downgraded Marvell to Hold on valuation concerns, and multiple reports said the stock has been falling more steeply than the broader market amid AI capex slowdown fears. Article reference
• Negative Sentiment: Market commentary also warned that Marvell’s “real risk” is its elevated valuation and heavy dependence on AI infrastructure spending, which could magnify downside if growth expectations cool. Article reference

Analysts Set New Price Targets

MRVL has been the subject of several recent research reports. Zacks Research raised shares of Marvell Technology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Jefferies Financial Group lifted their price objective on Marvell Technology from $149.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Marvell Technology in a research report on Wednesday, June 24th. Wells Fargo & Company increased their target price on Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Finally, Oppenheimer lifted their price target on shares of Marvell Technology from $200.00 to $250.00 and gave the stock an “outperform” rating in a research note 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 stock. Based on data from MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and an average price target of $245.45.

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.