Mengis Capital Management Inc. Takes $1.77 Million Position in Marvell Technology, Inc. $MRVL

Mengis Capital Management Inc. purchased a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 21,070 shares of the semiconductor company’s stock, valued at approximately $1,771,000.

A number of other institutional investors have also added to or reduced their stakes in MRVL. Vanguard Group Inc. grew its position in shares of Marvell Technology by 23.5% in the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after buying an additional 15,166,976 shares during the period. Norges Bank purchased a new position in Marvell Technology during the 2nd quarter valued at about $716,713,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in Marvell Technology by 4,758.5% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,036,216 shares of the semiconductor company’s stock worth $544,603,000 after acquiring an additional 6,891,393 shares in the last quarter. Amundi grew its holdings in Marvell Technology by 113.4% in the second quarter. Amundi now owns 8,648,350 shares of the semiconductor company’s stock worth $642,140,000 after purchasing an additional 4,596,309 shares during the period. Finally, Franklin Resources Inc. grew its holdings in Marvell Technology by 112.4% in the second quarter. Franklin Resources Inc. now owns 8,097,620 shares of the semiconductor company’s stock worth $626,756,000 after purchasing an additional 4,285,330 shares during the period. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Up 0.7%

MRVL opened at $78.09 on Thursday. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The firm has a 50 day moving average price of $81.45 and a 200-day moving average price of $81.93. Marvell Technology, Inc. has a twelve month low of $47.08 and a twelve month high of $102.77. The stock has a market capitalization of $68.03 billion, a price-to-earnings ratio of 27.40, a PEG ratio of 0.63 and a beta of 1.97.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. The business had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.06 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The company’s quarterly revenue was up 36.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 EPS. Equities research analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 29th. Investors of record on Friday, January 9th were given 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 was Friday, January 9th. Marvell Technology’s dividend payout ratio is 8.42%.

Insiders Place Their Bets

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $93.08, for a total value of $465,400.00. Following the transaction, the executive vice president directly owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. This trade represents a 20.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MRVL. Susquehanna reiterated a “positive” rating on shares of Marvell Technology in a report on Tuesday, February 24th. JPMorgan Chase & Co. lifted their price objective on Marvell Technology from $120.00 to $130.00 and gave the company an “overweight” rating in a research note on Wednesday, December 3rd. Craig Hallum reissued a “buy” rating and issued a $141.00 target price on shares of Marvell Technology in a report on Wednesday, December 3rd. Melius Research upgraded Marvell Technology from a “hold” rating to a “buy” rating and set a $135.00 price target for the company in a report on Monday, January 5th. Finally, Deutsche Bank Aktiengesellschaft set a $120.00 price target on shares of Marvell Technology in a research note on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $114.06.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Completed acquisition of Celestial AI and public demo of PCIe 8.0 SerDes strengthen Marvell’s optical interconnect and high‑bandwidth AI roadmap—helps position the company for hyperscaler/cloud AI demand. Marvell Deepens AI Infrastructure Role With Celestial AI Deal And PCIe 8.0
• Positive Sentiment: Multiple previews and analyst notes expect a record quarter driven by custom AI chips and optical networking — strong demand thesis that could lift revenue/beat expectations and drive upside if guidance is confident. Here’s what investors can expect from Marvell’s earnings report
• Positive Sentiment: High-profile endorsements: Jim Cramer publicly called Marvell a buy going into the quarter, which can support short‑term investor interest and flows into the stock. Jim Cramer on Marvell: “I Think the Stock’s a Buy Going Into the Quarter”
• Neutral Sentiment: Benzinga roundup of 12 analysts shows mixed viewpoints — consensus leans positive on AI/data center exposure but individual ratings and price targets vary; useful for gauging street expectations but not a single catalyst. A Glimpse Into The Expert Outlook On Marvell Technology Through 12 Analysts
• Neutral Sentiment: Options market is pricing notable post‑earnings volatility (roughly double‑digit expected move), signaling risk/reward around the print even if fundamentals look strong. Is Marvell Stock (MRVL) a Buy Ahead of Q4 Earnings? Options Traders Brace for 11% Price Swing
• Negative Sentiment: Zacks downgraded Marvell to “strong sell,” which has already pressured sentiment and could weigh on the stock if other shops follow. Zacks Research downgrade
• Negative Sentiment: Morgan Stanley trimmed its price target, and some coverage highlights the stock’s YTD weakness and sensitivity to guidance — weak or cautious guidance could trigger a larger pullback. Price Target Cut to $95.00 by Analysts at Morgan Stanley
• Negative Sentiment: Benzinga preview notes shares have been volatile (down ~13% YTD) and flags that management commentary on data‑center demand/guidance will be the primary near‑term driver — downside if guidance misses. Marvell Technology Q4 Preview

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.