Strategic Advocates LLC Takes Position in Marvell Technology, Inc. $MRVL

Strategic Advocates LLC purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 3,956 shares of the semiconductor company’s stock, valued at approximately $306,000.

Other large investors have also modified their holdings of the company. Westbourne Investments Inc. purchased a new stake in shares of Marvell Technology during the first quarter worth approximately $246,000. Siren L.L.C. raised its stake in shares of Marvell Technology by 636.2% during the first quarter. Siren L.L.C. now owns 36,808 shares of the semiconductor company’s stock worth $2,266,000 after purchasing an additional 31,808 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of Marvell Technology by 5.0% during the first quarter. Dynamic Advisor Solutions LLC now owns 4,313 shares of the semiconductor company’s stock worth $266,000 after purchasing an additional 206 shares during the last quarter. Swedbank AB raised its stake in shares of Marvell Technology by 4.3% during the first quarter. Swedbank AB now owns 2,264,520 shares of the semiconductor company’s stock worth $139,426,000 after purchasing an additional 93,386 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in shares of Marvell Technology by 90.1% during the first quarter. Integrated Wealth Concepts LLC now owns 19,320 shares of the semiconductor company’s stock worth $1,190,000 after purchasing an additional 9,155 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MRVL. TD Cowen upped their price target on Marvell Technology from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, May 30th. Zacks Research downgraded Marvell Technology from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 26th. Melius Research raised their target price on Marvell Technology from $67.00 to $76.00 and gave the company a “hold” rating in a report on Wednesday, June 18th. Raymond James Financial reissued an “outperform” rating and issued a $90.00 target price (down previously from $110.00) on shares of Marvell Technology in a report on Friday, May 30th. Finally, Loop Capital reduced their target price on Marvell Technology from $110.00 to $90.00 and set a “buy” rating for the company in a report on Friday, May 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $90.50.

Insider Buying and Selling at Marvell Technology

In other news, EVP Mark Casper sold 3,000 shares of the firm’s stock in a transaction on Friday, July 18th. The stock was sold at an average price of $72.35, for a total value of $217,050.00. Following the completion of the transaction, the executive vice president owned 17,163 shares in the company, valued at $1,241,743.05. This trade represents a 14.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.33% of the stock is currently owned by corporate insiders.

Marvell Technology Trading Up 0.1%

Shares of MRVL stock opened at $67.43 on Tuesday. Marvell Technology, Inc. has a fifty-two week low of $47.08 and a fifty-two week high of $127.48. The stock has a market cap of $58.13 billion, a P/E ratio of -518.69, a P/E/G ratio of 0.81 and a beta of 1.85. The business has a fifty day simple moving average of $72.49 and a 200-day simple moving average of $67.56. The company has a quick ratio of 1.44, a current ratio of 1.88 and a debt-to-equity ratio of 0.30.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.67. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter last year, the business posted $0.30 earnings per share. The business’s revenue for the quarter was up 57.6% on a year-over-year basis. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Company Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.