S Squared Technology LLC Reduces Stock Position in Marvell Technology, Inc. $MRVL

S Squared Technology LLC lessened its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 47.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 90,357 shares of the semiconductor company’s stock after selling 80,000 shares during the period. Marvell Technology accounts for 2.9% of S Squared Technology LLC’s investment portfolio, making the stock its 13th biggest position. S Squared Technology LLC’s holdings in Marvell Technology were worth $6,994,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hughes Financial Services LLC purchased a new position in Marvell Technology during the 1st quarter valued at about $26,000. Financial Connections Group Inc. lifted its holdings in Marvell Technology by 776.0% in the 1st quarter. Financial Connections Group Inc. now owns 438 shares of the semiconductor company’s stock worth $27,000 after buying an additional 388 shares during the period. Game Plan Financial Advisors LLC bought a new stake in shares of Marvell Technology in the 2nd quarter worth approximately $27,000. Vision Financial Markets LLC purchased a new position in shares of Marvell Technology during the first quarter valued at approximately $28,000. Finally, Kiker Wealth Management LLC increased its stake in shares of Marvell Technology by 374.7% during the second quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 281 shares during the period. 83.51% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Marvell Technology news, CFO Willem A. Meintjes acquired 3,400 shares of Marvell Technology stock in a transaction that occurred on Thursday, September 25th. The stock was bought at an average cost of $78.03 per share, for a total transaction of $265,302.00. Following the acquisition, the chief financial officer owned 132,159 shares of the company’s stock, valued at $10,312,366.77. This represents a 2.64% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Matthew J. Murphy purchased 13,600 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were bought at an average cost of $77.09 per share, for a total transaction of $1,048,424.00. Following the acquisition, the chief executive officer owned 268,637 shares in the company, valued at approximately $20,709,226.33. The trade was a 5.33% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 27,200 shares of company stock worth $2,109,632 over the last three months. Company insiders own 0.19% of the company’s stock.

Marvell Technology Stock Performance

Shares of MRVL stock opened at $90.92 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 1.88. The company has a market capitalization of $78.38 billion, a price-to-earnings ratio of -699.38, a price-to-earnings-growth ratio of 1.10 and a beta of 1.95. Marvell Technology, Inc. has a one year low of $47.08 and a one year high of $127.48. The company’s 50-day moving average is $80.70 and its 200 day moving average is $73.63.

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

Marvell Technology declared that its Board of Directors has authorized a share buyback plan on Wednesday, September 24th that authorizes the company to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to buy up to 7.8% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 30th. Shareholders of record on Friday, October 10th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, October 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is presently -184.62%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. UBS Group raised their price target on Marvell Technology from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. Cantor Fitzgerald restated a “neutral” rating and issued a $75.00 price objective on shares of Marvell Technology in a report on Friday, August 29th. Zacks Research upgraded shares of Marvell Technology from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 24th. Morgan Stanley decreased their price target on shares of Marvell Technology from $80.00 to $76.00 and set an “equal weight” rating for the company in a research note on Friday, August 29th. Finally, Wells Fargo & Company reduced their target price on Marvell Technology from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Friday, August 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $93.06.

Marvell Technology 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.