Moss Adams Wealth Advisors LLC Takes Position in Marvell Technology, Inc. $MRVL

Moss Adams Wealth Advisors LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,258 shares of the semiconductor company’s stock, valued at approximately $224,000.

Several other institutional investors have also recently bought and sold shares of the business. Intrua Financial LLC increased its position in Marvell Technology by 11.2% during the 1st quarter. Intrua Financial LLC now owns 4,679 shares of the semiconductor company’s stock worth $463,000 after purchasing an additional 471 shares in the last quarter. EWA LLC bought a new position in shares of Marvell Technology during the first quarter worth about $216,000. Bigelow Investment Advisors LLC lifted its position in shares of Marvell Technology by 20.2% in the 1st quarter. Bigelow Investment Advisors LLC now owns 3,190 shares of the semiconductor company’s stock worth $316,000 after purchasing an additional 536 shares during the period. Pinnacle Bancorp Inc. raised its position in shares of Marvell Technology by 8.5% in the 1st quarter. Pinnacle Bancorp Inc. now owns 3,455 shares of the semiconductor company’s stock worth $342,000 after acquiring an additional 271 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its holdings in Marvell Technology by 7.3% in the first quarter. Apollon Wealth Management LLC now owns 33,945 shares of the semiconductor company’s stock worth $3,362,000 after purchasing an additional 2,311 shares in the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Price Performance

Marvell Technology stock opened at $297.89 on Wednesday. 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 business has a 50-day simple moving average of $222.81 and a 200 day simple moving average of $136.37. The stock has a market cap of $260.59 billion, a price-to-earnings ratio of 102.02, a PEG ratio of 1.82 and a beta of 2.29. 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 earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.80. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. Marvell Technology’s quarterly revenue was up 27.6% on a year-over-year basis. During the same period last year, the firm posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, research analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be 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 is Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is currently 8.22%.

Insider Transactions at Marvell Technology

In related news, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total transaction of $667,359.03. Following the completion of the sale, the insider directly owned 55,530 shares in the company, valued at $16,610,688.90. This represents a 3.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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. Also, CFO Willem A. Meintjes sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $175.24, for a total transaction of $700,960.00. Following the completion of the transaction, the chief financial officer owned 226,675 shares in the company, valued at $39,722,527. This represents a 1.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 178,127 shares of company stock worth $25,138,555. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on MRVL shares. Zacks Research upgraded shares of Marvell Technology from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. UBS Group increased their target price on Marvell Technology from $230.00 to $340.00 and gave the stock a “buy” rating in a report on Monday. Roth Mkm increased their price objective on shares of Marvell Technology from $135.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Loop Capital upgraded shares of Marvell Technology to a “strong-buy” rating in a report on Tuesday, June 16th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $240.00 price target on shares of Marvell Technology in a research report on Friday, June 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $239.81.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: UBS kept its Buy rating and lifted its price target, highlighting Marvell’s growing opportunity in the data-center CXL market and reinforcing the bullish case for AI-driven connectivity demand. Article link
• Positive Sentiment: Erste Group raised its FY2028 EPS estimate for Marvell, adding to expectations that earnings will keep improving as AI infrastructure spending expands. Article link
• Positive Sentiment: Recent articles emphasized Marvell’s role in the broader custom ASIC and AI buildout theme, which is keeping momentum strong after a powerful multi-week rally. Article link
• Neutral Sentiment: Investors are debating whether the stock’s sharp recent run leaves room for further upside or raises the risk of profit-taking after a very strong month. Article link
• Negative Sentiment: Some market commentary notes that MRVL’s explosive rally could attract short-term selling from investors looking to lock in gains, especially after the stock’s outsized move higher. Article link

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.