Fox Run Management L.L.C. Invests $811,000 in Marvell Technology, Inc. $MRVL

Fox Run Management L.L.C. bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 9,549 shares of the semiconductor company’s stock, valued at approximately $811,000.

Other institutional investors have also made changes to their positions in the company. Cerity Partners LLC grew its stake in Marvell Technology by 43.4% during the 4th quarter. Cerity Partners LLC now owns 116,819 shares of the semiconductor company’s stock valued at $9,927,000 after purchasing an additional 35,366 shares in the last quarter. LPL Financial LLC grew its stake in Marvell Technology by 1.8% during the 4th quarter. LPL Financial LLC now owns 1,163,591 shares of the semiconductor company’s stock valued at $98,882,000 after purchasing an additional 20,379 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in Marvell Technology by 19.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 71,233 shares of the semiconductor company’s stock valued at $6,053,000 after purchasing an additional 11,458 shares in the last quarter. CenterBook Partners LP grew its stake in Marvell Technology by 96.5% during the 4th quarter. CenterBook Partners LP now owns 84,084 shares of the semiconductor company’s stock valued at $7,145,000 after purchasing an additional 41,304 shares in the last quarter. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna grew its stake in Marvell Technology by 13.6% during the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 16,679 shares of the semiconductor company’s stock valued at $1,417,000 after purchasing an additional 1,998 shares in the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology Stock Down 5.4%

MRVL opened at $252.59 on Thursday. The stock has a market cap of $220.97 billion, a P/E ratio of 86.50, a P/E/G ratio of 1.75 and a beta of 2.29. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. Marvell Technology, Inc. has a 12 month low of $61.44 and a 12 month high of $324.20. The stock’s 50 day moving average price is $175.40 and its 200 day moving average price is $116.79.

Marvell Technology (NASDAQ:MRVL) last released 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. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts predict that Marvell Technology, Inc. will post 3.08 earnings per share for the current year.

Marvell Technology Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MRVL shares. Morgan Stanley upped their target price on shares of Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Zacks Research upgraded shares of Marvell Technology from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Melius Research set a $220.00 target price on shares of Marvell Technology in a research note on Monday, May 18th. KGI Securities upgraded shares of Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a research note on Friday, March 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Marvell Technology in a research note on Friday, March 27th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marvell Technology presently has a consensus rating of “Moderate Buy” and an average target price of $218.58.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the transaction, the insider owned 55,199 shares of the company’s stock, valued at $7,195,189.65. The trade was a 54.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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, COO Chris Koopmans sold 10,000 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $205.87, for a total transaction of $2,058,700.00. Following the completion of the sale, the chief operating officer directly owned 237,392 shares of the company’s stock, valued at $48,871,891.04. This trade represents a 4.04% 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. Insiders sold a total of 255,060 shares of company stock valued at $31,959,772 over the last 90 days. 0.12% of the stock is owned by insiders.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell is set to join the S&P 500, a milestone that can boost demand from index funds and increase the stock’s visibility with large institutional investors. Why Marvell Technology (MRVL) Stock Is Up Today
• Positive Sentiment: Nvidia CEO Jensen Huang’s comments calling Marvell a potential trillion-dollar AI company are reinforcing the market’s long-term growth narrative around Marvell’s role in AI networking and custom silicon. Jensen Huang Just Delivered Fantastic News to Marvell Stock Investors
• Positive Sentiment: Analyst and commentary pieces continue to highlight strong AI data center demand, including Marvell’s traction with hyperscale customers and expanding need for faster networking and lower latency. Can Marvell Technology Sustain Its AI Data Center Growth Momentum?
• Neutral Sentiment: Despite beating earnings and reaffirming strong revenue growth, the stock has been volatile because expectations are already high after a huge rally, leading some commentators to label the shares stretched or only a hold at current levels. Up Nearly 200% Year-to-Date: 1 Blinking Red Light That Makes Marvell Technology Stock a Hold at $289
• Negative Sentiment: Recent weakness appears tied to a broader tech sell-off and profit-taking in AI/chip stocks, with Marvell caught up in the sector’s reversal even after positive company-specific news. Why Is Marvell Technology Stock Falling Wednesday?
• Negative Sentiment: Investors are also reacting to fears that the AI trade may be crowded, with reports noting that chip stocks like Marvell have sold off sharply during the broader rotation out of semiconductor names. Micron, Marvell lead chip stocks lower in AI trade reversal

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.