25,600 Shares in Marvell Technology, Inc. $MRVL Acquired by Telligent Fund LP

Telligent Fund LP acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 25,600 shares of the semiconductor company’s stock, valued at approximately $2,175,000. Marvell Technology accounts for about 2.4% of Telligent Fund LP’s portfolio, making the stock its 17th largest holding.

Several other institutional investors have also recently bought and sold shares of MRVL. Vanguard Group Inc. raised its holdings in Marvell Technology by 23.5% during the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after purchasing an additional 15,166,976 shares during the last quarter. Wilson Asset Management International PTY Ltd. raised its holdings in Marvell Technology by 20.4% during the 4th quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock worth $11,442,000 after purchasing an additional 22,837 shares during the last quarter. Varma Mutual Pension Insurance Co raised its position in shares of Marvell Technology by 25.4% during the 4th quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock valued at $13,477,000 after acquiring an additional 32,130 shares during the last quarter. Equitable Trust Co. raised its position in shares of Marvell Technology by 23.3% during the 3rd quarter. Equitable Trust Co. now owns 68,254 shares of the semiconductor company’s stock valued at $5,738,000 after acquiring an additional 12,916 shares during the last quarter. Finally, Lombard Odier Asset Management USA Corp raised its position in shares of Marvell Technology by 60.5% during the 3rd quarter. Lombard Odier Asset Management USA Corp now owns 32,032 shares of the semiconductor company’s stock valued at $2,693,000 after acquiring an additional 12,076 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Insider Buying and Selling

In other news, CEO Matthew J. Murphy sold 30,000 shares of the firm’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 completion of the transaction, the chief executive officer owned 310,106 shares in the company, valued at $30,607,462.20. This trade represents a 8.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Willem A. Meintjes sold 30,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer owned 154,111 shares of the company’s stock, valued at $20,652,415.11. The trade was a 16.29% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 245,060 shares of company stock worth $29,901,072 over the last three months. Company insiders own 0.12% of the company’s stock.

Marvell Technology Price Performance

Shares of MRVL opened at $204.83 on Friday. The stock has a market capitalization of $183.80 billion, a P/E ratio of 70.15, a P/E/G ratio of 1.66 and a beta of 2.25. Marvell Technology, Inc. has a twelve month low of $58.61 and a twelve month high of $218.26. The company has a 50 day moving average of $143.83 and a 200-day moving average of $105.25. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, hitting the consensus estimate of $0.80. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 14.89%. The business’s quarterly revenue was up 27.6% on a year-over-year basis. During the same period last year, the business earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities research analysts forecast that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were issued a $0.06 dividend. The ex-dividend date was Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is presently 7.79%.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell reported Q1 revenue of $2.42 billion, slightly ahead of expectations, with EPS in line at $0.80, and said AI-related bookings are driving record demand. Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised its fiscal 2027 and 2028 outlooks and guided next-quarter revenue above Wall Street estimates, reinforcing the view that AI infrastructure demand is still accelerating. Marvell forecasts quarterly revenue above estimates on AI chip demand
• Positive Sentiment: Several major firms lifted price targets after the print, including JPMorgan, Bank of America, Benchmark, Stifel, RBC, UBS, Citi, Barclays, and HSBC, signaling rising confidence in Marvell’s AI growth story. These Analysts Boost Their Forecasts On Marvell Technology Following Strong Q1 Results
• Neutral Sentiment: Despite the strong results and guidance, some coverage noted that the stock pulled back at times as investors weighed lofty expectations after a big run-up in the shares. Marvell Wobbles As AI Optimism Meets With Lofty Expectations
• Neutral Sentiment: Analysts and commentators also highlighted Marvell’s leadership in optical connectivity and networking chips as a long-term AI infrastructure beneficiary, which supports the bullish case but adds little new near-term catalyst. Marvell’s stock has soared ahead of earnings. Why analysts say it’s still ‘underestimated.’

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Oppenheimer upped their target price on shares of Marvell Technology from $200.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday. Evercore reaffirmed an “outperform” rating and issued a $155.00 price target on shares of Marvell Technology in a research note on Tuesday, May 19th. Wall Street Zen cut Marvell Technology from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. Royal Bank Of Canada upped their price target on Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Finally, Benchmark upped their price target on Marvell Technology from $130.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average target price of $208.64.

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.