Tcfg Wealth Management LLC Invests $310,000 in Marvell Technology, Inc. $MRVL

Tcfg Wealth Management LLC acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVLFree Report) in the 1st quarter, Holdings Channel reports. The firm acquired 3,134 shares of the semiconductor company’s stock, valued at approximately $310,000.

A number of other institutional investors also recently modified their holdings of the stock. Laurel Wealth Advisors LLC bought a new position in Marvell Technology during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC increased its stake in Marvell Technology by 978.3% in the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 225 shares in the last quarter. Jessup Wealth Management Inc acquired a new position in shares of Marvell Technology during the fourth quarter valued at about $25,000. Cherry Tree Wealth Management LLC acquired a new position in shares of Marvell Technology during the fourth quarter valued at about $26,000. Finally, MidFirst Bank bought a new position in shares of Marvell Technology during the 4th quarter worth about $28,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Trading Up 7.3%

MRVL opened at $297.89 on Wednesday. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88. The firm has a market capitalization of $260.59 billion, a PE ratio of 102.02, a P/E/G ratio of 1.82 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. The company’s 50-day moving average is $222.81 and its 200 day moving average is $136.37.

Marvell Technology (NASDAQ:MRVLGet Free Report) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.80. The business 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 company’s quarterly revenue was up 27.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 EPS. 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 3.07 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

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

Marvell Technology News Summary

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

Insider Activity at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction 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 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Willem A. Meintjes sold 30,000 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total value of $4,020,300.00. Following the completion of the sale, the chief financial officer directly owned 154,111 shares of the company’s stock, valued at $20,652,415.11. The trade was a 16.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold 178,127 shares of company stock valued at $25,138,555 over the last 90 days. Corporate insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on MRVL shares. Royal Bank Of Canada raised their target price on Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Stifel Nicolaus upped their price target on Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Needham & Company LLC increased their price target on Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Morgan Stanley raised their price objective on Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Finally, KGI Securities upgraded Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 price objective for the company in a report on Friday, March 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and an average price target of $239.81.

View Our Latest Report on MRVL

Marvell Technology Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

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