SFE Investment Counsel Sells 7,971 Shares of Marvell Technology, Inc. $MRVL

SFE Investment Counsel decreased its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 14.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,888 shares of the semiconductor company’s stock after selling 7,971 shares during the period. Marvell Technology accounts for about 2.0% of SFE Investment Counsel’s holdings, making the stock its 14th biggest holding. SFE Investment Counsel’s holdings in Marvell Technology were worth $14,563,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in MRVL. Gryphon Financial Partners LLC acquired a new position in shares of Marvell Technology in the second quarter worth approximately $1,428,000. KBC Group NV increased its position in Marvell Technology by 126.0% during the 2nd quarter. KBC Group NV now owns 588,197 shares of the semiconductor company’s stock valued at $175,218,000 after purchasing an additional 327,968 shares during the period. Souders Financial Advisors bought a new position in Marvell Technology during the 2nd quarter worth approximately $256,000. PDS Planning Inc raised its holdings in Marvell Technology by 21.4% during the 2nd quarter. PDS Planning Inc now owns 4,541 shares of the semiconductor company’s stock worth $1,353,000 after purchasing an additional 800 shares during the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Marvell Technology by 0.4% in the 2nd quarter. Fifth Third Bancorp now owns 677,300 shares of the semiconductor company’s stock worth $201,761,000 after purchasing an additional 2,577 shares during the period. 83.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on MRVL shares. Susquehanna upped their price objective on shares of Marvell Technology from $100.00 to $230.00 and gave the company a “positive” rating in a research note on Tuesday, May 26th. Cantor Fitzgerald boosted their target price on shares of Marvell Technology from $220.00 to $300.00 and gave the company a “neutral” rating in a report on Monday, June 29th. Melius Research set a $220.00 target price on shares of Marvell Technology in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price target on shares of Marvell Technology in a research report on Thursday, May 28th. Finally, KeyCorp increased their price target on Marvell Technology from $385.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $244.81.

Marvell Technology Trading Down 7.8%

Shares of Marvell Technology stock opened at $216.00 on Wednesday. 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, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The stock has a 50 day moving average price of $235.49 and a two-hundred day moving average price of $168.26. The stock has a market capitalization of $188.96 billion, a PE ratio of 73.97, a price-to-earnings-growth ratio of 1.39 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results 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 return on equity of 13.83% and a net margin of 28.99%.The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same period in the prior year, the firm earned $0.62 earnings per share. Marvell Technology’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. As a group, equities analysts anticipate 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 was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, July 10th. Marvell Technology’s payout ratio is 8.22%.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $236.08, for a total transaction of $1,770,600.00. Following the transaction, the chief executive officer owned 783,186 shares in the company, valued at approximately $184,894,550.88. This represents a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the completion of the transaction, the insider directly owned 55,530 shares in the company, valued at $16,610,688.90. This trade represents a 3.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last three months, insiders have sold 41,981 shares of company stock worth $9,753,132. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology News Summary

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

• Positive Sentiment: UBS said Marvell is well positioned ahead of earnings, while TD Cowen raised its price target from $200 to $225 and maintained a “hold” rating. Analysts continue to view Marvell’s custom silicon, networking and optical businesses as beneficiaries of AI data-center investment. UBS Marvell earnings commentary
• Positive Sentiment: Marvell’s new AI memory and storage products, including solutions for CXL memory expansion and optical shared memory, strengthen its exposure to large-scale inference workloads. Its co-packaged optics efforts also support the long-term AI infrastructure narrative. Marvell AI memory products
• Neutral Sentiment: Investors are now focused on whether projected fiscal Q2 revenue of roughly $2.71 billion and earnings near $0.87 per share can justify the stock’s elevated valuation after its substantial year-to-date advance. Marvell earnings expectations
• Negative Sentiment: Rising Treasury yields pressured semiconductor and other growth stocks, overwhelming otherwise bullish AI commentary. A sharp decline in Fabrinet also spread caution across the AI optical and interconnect group, raising concerns about whether infrastructure spending expectations have become too aggressive. Fabrinet impact on AI optical stocks
• Negative Sentiment: CEO Matthew Murphy sold 7,500 shares for approximately $1.77 million under a pre-arranged Rule 10b5-1 plan. Although the sale reduced his holdings by less than 1%, reports of broad insider selling added to investor caution before earnings. Marvell CEO insider sale

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.