Ritholtz Wealth Management Purchases 2,173 Shares of Marvell Technology, Inc. $MRVL

Ritholtz Wealth Management raised its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 56.9% in the 1st quarter, Holdings Channel reports. The firm owned 5,994 shares of the semiconductor company’s stock after acquiring an additional 2,173 shares during the period. Ritholtz Wealth Management’s holdings in Marvell Technology were worth $594,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new position in shares of Marvell Technology during the 4th quarter worth $25,000. Hilton Head Capital Partners LLC boosted its stake in Marvell Technology by 978.3% in the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 225 shares in the last quarter. Jessup Wealth Management Inc bought a new position in Marvell Technology in the fourth quarter valued at about $25,000. Cherry Tree Wealth Management LLC acquired a new position in Marvell Technology during the fourth quarter worth about $26,000. Finally, MidFirst Bank bought a new position in shares of Marvell Technology in the fourth quarter worth about $28,000. 83.51% of the stock is currently owned by institutional investors.

Key Marvell Technology News

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on MRVL shares. UBS Group lifted their price target on shares of Marvell Technology from $230.00 to $340.00 and gave the company a “buy” rating in a report on Monday. 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 report on Thursday, May 28th. Melius Research set a $220.00 target price on shares of Marvell Technology in a research note on Monday, May 18th. Scotiabank initiated coverage on shares of Marvell Technology in a report on Tuesday, May 26th. They set an “outperform” rating for the company. Finally, Raymond James Financial set a $235.00 price objective on Marvell Technology and gave the company a “strong-buy” rating in a report on Thursday, May 28th. Three 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.com, the company presently has an average rating of “Moderate Buy” and an average target price of $239.81.

Marvell Technology Trading Up 7.3%

Shares of NASDAQ MRVL opened at $297.89 on Wednesday. The firm has a 50 day moving average price of $222.81 and a two-hundred day moving average price of $136.37. The stock has a market cap of $260.59 billion, a P/E ratio of 102.02, a price-to-earnings-growth 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. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results 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 net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the previous year, the business earned $0.62 earnings per share. Marvell Technology’s 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 analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio is currently 8.22%.

Insider Activity at Marvell Technology

In other Marvell Technology news, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total value of $1,329,450.00. Following the transaction, the chief executive officer owned 739,397 shares in the company, valued at approximately $131,065,512.22. This represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the transaction, the executive vice president owned 4,023 shares of the company’s stock, valued at $430,501.23. This represents a 72.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 178,127 shares of company stock worth $25,138,555. 0.12% of the stock is currently owned by insiders.

Marvell Technology 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.