Janney Montgomery Scott LLC Acquires 32,128 Shares of Marvell Technology, Inc. $MRVL

Janney Montgomery Scott LLC lifted its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 18.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 207,946 shares of the semiconductor company’s stock after buying an additional 32,128 shares during the period. Janney Montgomery Scott LLC’s holdings in Marvell Technology were worth $20,597,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Hilton Head Capital Partners LLC raised its stake in shares of Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 225 shares in the last quarter. Jessup Wealth Management Inc bought a new position in shares of Marvell Technology in the fourth quarter valued at $25,000. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology during the fourth quarter worth $25,000. Cherry Tree Wealth Management LLC bought a new stake in Marvell Technology during the fourth quarter worth $26,000. Finally, MidFirst Bank bought a new stake in Marvell Technology during the fourth quarter worth $28,000. Institutional investors own 83.51% of the company’s stock.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. TD Cowen lifted their price objective on shares of Marvell Technology from $180.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Citigroup raised their target price on shares of Marvell Technology from $118.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Craig Hallum lifted their price target on Marvell Technology from $141.00 to $164.00 and gave the stock a “buy” rating in a report on Friday, March 6th. JPMorgan Chase & Co. raised their price objective on Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Finally, UBS Group boosted their target price on Marvell Technology from $230.00 to $340.00 and gave the stock a “buy” rating in a report on Monday. Three research 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. According to data from MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $239.81.

Marvell Technology Stock Up 7.3%

NASDAQ MRVL opened at $297.89 on Wednesday. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $329.88. The company has a 50 day moving average of $222.81 and a 200-day moving average of $136.37. The company has a market cap of $260.59 billion, a price-to-earnings ratio of 102.02, a PEG ratio of 1.82 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) 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 business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the business posted $0.62 earnings per share. The firm’s quarterly 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. On average, equities research analysts expect that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be given a $0.06 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is presently 8.22%.

Insider Buying and Selling

In other Marvell Technology news, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the sale, the chief executive officer directly owned 739,397 shares in the company, valued at $131,065,512.22. This represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $205.87, for a total transaction of $2,058,700.00. Following the completion of the transaction, the chief operating officer directly owned 237,392 shares in the company, valued at approximately $48,871,891.04. This 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 have sold 178,127 shares of company stock valued at $25,138,555 in the last ninety days. Insiders own 0.12% of the company’s stock.

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.