Marvell Technology, Inc. $MRVL Stake Raised by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 2.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 336,812 shares of the semiconductor company’s stock after acquiring an additional 9,180 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Marvell Technology were worth $28,622,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of MRVL. Ellsworth Advisors LLC acquired a new position in Marvell Technology in the 3rd quarter worth about $5,864,000. Vanguard Group Inc. lifted its holdings in shares of Marvell Technology by 23.5% during the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock valued at $6,692,830,000 after buying an additional 15,166,976 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in shares of Marvell Technology by 1,292.1% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 389,809 shares of the semiconductor company’s stock valued at $32,656,000 after buying an additional 361,807 shares during the last quarter. Triasima Portfolio Management inc. bought a new stake in shares of Marvell Technology in the 3rd quarter valued at approximately $1,426,000. Finally, Robeco Schweiz AG increased its holdings in Marvell Technology by 1.4% in the third quarter. Robeco Schweiz AG now owns 973,765 shares of the semiconductor company’s stock worth $81,864,000 after buying an additional 12,977 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Insider Buying and Selling at Marvell Technology

In other news, insider Sandeep Bharathi sold 44,414 shares of Marvell Technology stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $99.61, for a total value of $4,424,078.54. Following the transaction, the insider directly owned 55,199 shares in the company, valued at approximately $5,498,372.39. The trade was a 44.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Matthew J. Murphy sold 30,000 shares of the business’s stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $98.70, for a total value of $2,961,000.00. Following the transaction, the chief executive officer directly owned 310,106 shares of the company’s stock, valued at $30,607,462.20. This represents a 8.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 79,414 shares of company stock worth $7,850,479 over the last ninety days. Company insiders own 0.33% of the company’s stock.

Marvell Technology Trading Down 7.5%

Shares of MRVL stock opened at $87.81 on Tuesday. Marvell Technology, Inc. has a 12 month low of $47.08 and a 12 month high of $102.77. The company has a market cap of $76.79 billion, a PE ratio of 28.51, a price-to-earnings-growth ratio of 0.86 and a beta of 1.97. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $83.51 and its two-hundred day moving average is $84.73.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.21 billion. During the same period in the previous year, the company earned $0.60 earnings per share. Marvell Technology’s revenue for the quarter was up 22.1% on a year-over-year basis. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Equities analysts predict that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 10th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, April 10th. Marvell Technology’s dividend payout ratio is 7.79%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on MRVL shares. KGI Securities raised shares of Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research report on Friday, March 6th. Craig Hallum increased their price target on shares of Marvell Technology from $141.00 to $164.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Cantor Fitzgerald restated a “neutral” rating on shares of Marvell Technology in a report on Friday, March 6th. UBS Group lifted their price objective on shares of Marvell Technology from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Finally, Wells Fargo & Company upped their price objective on shares of Marvell Technology from $90.00 to $135.00 and gave the stock an “overweight” rating in a report on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $117.24.

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.