Vise Technologies Inc. Boosts Stake in Marvell Technology, Inc. $MRVL

Vise Technologies Inc. lifted its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 20.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,456 shares of the semiconductor company’s stock after acquiring an additional 2,101 shares during the period. Vise Technologies Inc.’s holdings in Marvell Technology were worth $1,059,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Faithward Advisors LLC raised its holdings in Marvell Technology by 2.1% in 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 in the last quarter. South Plains Financial Inc. boosted its holdings in shares of Marvell Technology by 1.6% during the 3rd quarter. South Plains Financial Inc. now owns 8,454 shares of the semiconductor company’s stock valued at $711,000 after buying an additional 130 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of Marvell Technology by 1.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 10,546 shares of the semiconductor company’s stock valued at $896,000 after buying an additional 132 shares in the last quarter. GeoWealth Management LLC grew its position in shares of Marvell Technology by 5.1% in the 3rd quarter. GeoWealth Management LLC now owns 2,808 shares of the semiconductor company’s stock worth $236,000 after buying an additional 135 shares during the period. Finally, Parisi Gray Wealth Management grew its position in shares of Marvell Technology by 0.8% in the 4th quarter. Parisi Gray Wealth Management now owns 17,378 shares of the semiconductor company’s stock worth $1,477,000 after buying an additional 143 shares during the period. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Trading Down 7.6%

NASDAQ:MRVL opened at $266.88 on Wednesday. The stock has a market cap of $233.47 billion, a price-to-earnings ratio of 91.40, a PEG ratio of 1.89 and a beta of 2.29. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average price is $172.10 and its 200-day moving average price is $115.55. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $324.20.

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, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period in the previous year, the business earned $0.62 EPS. The firm’s revenue for the quarter was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, equities research analysts forecast that Marvell Technology, Inc. will post 3.08 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, April 10th. Marvell Technology’s dividend payout ratio is presently 8.22%.

Insider Activity at Marvell Technology

In related news, CFO Willem A. Meintjes sold 4,000 shares of Marvell Technology stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $175.24, for a total value of $700,960.00. Following the completion of the sale, the chief financial officer directly owned 226,675 shares in the company, valued at approximately $39,722,527. This trade represents a 1.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Casper sold 10,000 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president directly owned 35,878 shares of the company’s stock, valued at approximately $4,861,469. This trade represents a 21.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 255,060 shares of company stock valued at $31,959,772 over the last three months. 0.12% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MRVL. Citigroup lifted their price target on shares of Marvell Technology from $118.00 to $215.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Needham & Company LLC raised their target price on shares of Marvell Technology from $118.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Morgan Stanley lifted their target price on shares of Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Wall Street Zen cut Marvell Technology from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 price target on shares of Marvell Technology in a research note on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Marvell Technology presently has an average rating of “Moderate Buy” and an average price target of $218.58.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: S&P 500 inclusion should create new passive-fund and ETF demand for Marvell shares. Reuters: Marvell shares jump after chipmaker wins spot in S&P 500
• Positive Sentiment: Analysts and commentators remain upbeat on Marvell’s AI data-center and custom-silicon growth prospects. Yahoo Finance: After Recent Rally Sparked by Jensen Huang’s Comments, Marvell Stock Is a Buy
• Neutral Sentiment: Some coverage says the stock is already highly extended after a massive rally, with valuation now the key debate for investors. 24/7 Wall St.: Up Nearly 200% Year-to-Date
• Negative Sentiment: Marvell is being hit by a broader rotation out of AI/chip names, with traders taking profits after the recent surge. Yahoo Finance: Micron, Marvell lead chip stocks lower in AI trade reversal

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.