Quotient Wealth Partners LLC Buys Shares of 3,095 Marvell Technology, Inc. $MRVL

Quotient Wealth Partners LLC purchased a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the first quarter, according to its most recent filing with the SEC. The firm purchased 3,095 shares of the semiconductor company’s stock, valued at approximately $307,000.

Several other institutional investors have also modified their holdings of the company. Keel Point LLC grew its holdings in shares of Marvell Technology by 2.2% in the 4th quarter. Keel Point LLC now owns 5,649 shares of the semiconductor company’s stock worth $480,000 after acquiring an additional 124 shares during the period. Faithward Advisors LLC raised its holdings in Marvell Technology by 2.1% during the third quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock worth $525,000 after purchasing an additional 126 shares during the last quarter. SouthState Bank Corp raised its holdings in Marvell Technology by 17.6% during the fourth quarter. SouthState Bank Corp now owns 863 shares of the semiconductor company’s stock worth $73,000 after purchasing an additional 129 shares during the last quarter. South Plains Financial Inc. boosted its position in Marvell Technology by 1.6% during the third quarter. South Plains Financial Inc. now owns 8,454 shares of the semiconductor company’s stock worth $711,000 after purchasing an additional 130 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. boosted its position in Marvell Technology by 1.3% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 10,546 shares of the semiconductor company’s stock worth $896,000 after purchasing an additional 132 shares in the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on MRVL shares. TD Cowen upped their target price on Marvell Technology from $180.00 to $200.00 and gave the company a “hold” rating in a report on Thursday, May 28th. UBS Group boosted their price objective on shares of Marvell Technology from $195.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Erste Group Bank began coverage on shares of Marvell Technology in a research note on Thursday, April 2nd. They issued a “buy” rating on the stock. Jefferies Financial Group raised their target price on shares of Marvell Technology from $149.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, KeyCorp lifted their target price on shares of Marvell Technology from $260.00 to $385.00 and gave the stock an “overweight” rating in a research report on Thursday. Two 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, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus target price of $228.71.

Marvell Technology Price Performance

Shares of NASDAQ:MRVL opened at $310.58 on Monday. 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’s fifty day simple moving average is $201.51 and its 200-day simple moving average is $127.06. The company has a market capitalization of $271.70 billion, a P/E ratio of 106.36, a P/E/G ratio of 2.03 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter last year, the business posted $0.62 EPS. The firm’s quarterly revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities research analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Marvell is set to join the S&P 500 on June 22, which can drive demand from index funds and ETFs that track the benchmark.
• Positive Sentiment: Investor sentiment remains strong after Nvidia CEO Jensen Huang praised Marvell, reinforcing its role in AI infrastructure and custom chip design.
• Positive Sentiment: Recent analyst upgrades and sharply higher price targets suggest Wall Street sees more upside from Marvell’s AI networking and optical interconnect growth.
• Positive Sentiment: Marvell’s recent earnings and guidance continue to show solid demand, with revenue growth tied to data-center and custom-chip momentum.
• Neutral Sentiment: Several commentary pieces note that MRVL has run up quickly and may be trading at a demanding valuation, which could limit near-term upside even if the AI story stays intact.
• Neutral Sentiment: Technical notes suggest the stock remains in a strong uptrend near highs, but it may pause for consolidation after a steep move.
• Negative Sentiment: Marvell’s CFO filed to sell about $65 million of stock, and while insider sales can pressure sentiment, this looks like a large disclosure investors may view cautiously. Article: Marvell’s CFO Just Filed to Dump $65 Million of Stock
• Negative Sentiment: A separate insider sale by Sandeep Bharathi was also disclosed, though it was tied to a pre-arranged 10b5-1 plan and tax withholding, making it less concerning on its own.

Insider Activity at Marvell Technology

In other news, EVP Mark Casper sold 10,000 shares of Marvell Technology stock in a transaction on Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the completion of the sale, the executive vice president owned 35,878 shares of the company’s stock, valued at $4,861,469. The trade was a 21.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sandeep Bharathi sold 2,231 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the transaction, the insider directly owned 55,530 shares of the company’s stock, valued at approximately $16,610,688.90. This represents a 3.86% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 257,291 shares of company stock worth $32,627,131 over the last three months. Company insiders own 0.12% of the company’s stock.

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.