Greenwood Capital Associates LLC Acquires 16,393 Shares of Marvell Technology, Inc. $MRVL

Greenwood Capital Associates LLC grew its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 47.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,083 shares of the semiconductor company’s stock after purchasing an additional 16,393 shares during the period. Greenwood Capital Associates LLC’s holdings in Marvell Technology were worth $5,060,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Laurel Wealth Advisors LLC bought a new position in Marvell Technology in the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC raised its holdings in Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 225 shares during the period. Jessup Wealth Management Inc purchased a new stake in shares of Marvell Technology during the fourth quarter worth $25,000. Cherry Tree Wealth Management LLC purchased a new stake in shares of Marvell Technology during the fourth quarter worth $26,000. Finally, MidFirst Bank bought a new position in shares of Marvell Technology in the fourth quarter worth $28,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MRVL has been the topic of a number of analyst reports. Evercore reaffirmed an “outperform” rating and set a $155.00 target price on shares of Marvell Technology in a report on Tuesday, May 19th. The Goldman Sachs Group set a $180.00 price target on shares of Marvell Technology in a research report on Thursday, May 28th. Wells Fargo & Company boosted their price target on shares of Marvell Technology from $195.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. KeyCorp raised their price objective on shares of Marvell Technology from $260.00 to $385.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Finally, Needham & Company LLC lifted their price objective on shares of Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $244.97.

Insider Buying and Selling at Marvell Technology

In other news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. The trade was a 1.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total value of $667,359.03. Following the sale, the insider owned 55,530 shares of the company’s stock, valued at $16,610,688.90. This represents a 3.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Over the last quarter, insiders sold 160,373 shares of company stock valued at $24,938,664. 0.12% of the stock is currently owned by insiders.

Marvell Technology Stock Up 0.4%

Shares of MRVL opened at $231.71 on Thursday. Marvell Technology, Inc. has a 1 year low of $61.44 and a 1 year high of $329.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. The stock has a 50 day simple moving average of $233.40 and a two-hundred day simple moving average of $143.17. The firm has a market cap of $202.70 billion, a P/E ratio of 79.35, a P/E/G ratio of 1.51 and a beta of 2.20.

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 firm 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 posted $0.62 EPS. The business’s quarterly revenue 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, analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Friday, July 10th will be paid a $0.06 dividend. 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 payout ratio is currently 8.22%.

Marvell Technology News Roundup

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

• Negative Sentiment: MRVL fell alongside a broader selloff in AI and semiconductor stocks after geopolitical तनाव from the Middle East rattled markets and pushed investors out of high-multiple chip names.
• Negative Sentiment: Several reports highlighted concern that Marvell’s rapid rally left the stock looking stretched, especially after its strong year-to-date performance and recent volatility around index changes and valuation resets.
• Negative Sentiment: One article said Marvell is “no longer a marvelous buy,” reflecting a more cautious investor tone after the stock pulled back from highs despite strong AI-related momentum.
• Neutral Sentiment: Marvell continues to be framed as a key AI infrastructure supplier, with bullish pieces arguing its custom silicon, networking, and optical components remain central to data center buildouts.
• Positive Sentiment: RBC Capital reaffirmed an Outperform rating and lifted its price target to $360, signaling Wall Street still sees meaningful upside if AI demand remains strong.
• Positive Sentiment: Other recent commentary remained constructive, calling Marvell a long-term AI winner and suggesting its growth story is still early, which may help limit downside after the recent pullback.

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.