Walser Wealth Management Company A Ltd Liability Co Acquires New Position in Marvell Technology, Inc. $MRVL

Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,315 shares of the semiconductor company’s stock, valued at approximately $229,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC purchased a new position in Marvell Technology in the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC grew its holdings in shares of Marvell Technology by 978.3% in the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 225 shares during the period. Jessup Wealth Management Inc acquired a new stake in shares of Marvell Technology in the 4th quarter worth approximately $25,000. Cherry Tree Wealth Management LLC purchased a new position in Marvell Technology in the 4th quarter valued at approximately $26,000. Finally, MidFirst Bank acquired a new position in Marvell Technology during the fourth quarter worth $28,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Marvell Technology Trading Down 7.4%

Marvell Technology stock opened at $230.70 on Wednesday. The stock has a 50-day moving average price of $231.93 and a 200 day moving average price of $142.14. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The stock has a market cap of $201.82 billion, a PE ratio of 79.01, a P/E/G ratio of 1.63 and a beta of 2.20. 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 (NASDAQ:MRVL) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.80. The company had revenue of $2.42 billion for 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 13.83%. The firm’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same period last year, the company earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts predict that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company 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 is Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is 8.22%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Bank of America upped their target price on Marvell Technology from $240.00 to $365.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Oppenheimer lifted their price target on Marvell Technology from $200.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. Morgan Stanley boosted their price objective on shares of Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. The Goldman Sachs Group set a $180.00 price objective on shares of Marvell Technology in a research note on Thursday, May 28th. Finally, Zacks Research upgraded shares of Marvell Technology from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Marvell Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.97.

Marvell Technology News Roundup

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

• Positive Sentiment: RBC Capital reaffirmed its Outperform rating on Marvell and set a $360 price target, signaling continued Wall Street confidence in the company’s AI and data-center growth story. RBC Reaffirms Outperform Rating for Marvell Technology (MRVL)
• Positive Sentiment: Analysts continue to view Marvell as a major AI infrastructure beneficiary, with recent commentary highlighting its role in custom AI silicon and its deeper NVIDIA-related positioning. Marvell Technology (MRVL) Deepens NVIDIA Tie Up With NVLink Role In AI Infrastructure
• Neutral Sentiment: Marvell’s stock also remains in focus after being removed from some Russell value indexes, a change that can affect index-linked trading flows and add short-term volatility. Is Marvell Technology (MRVL) Fully Valued Following Its Russell Value Index Removal?
• Negative Sentiment: MRVL is being pressured by a broader semiconductor and AI-chip sell-off, with investors questioning whether the sector’s rapid rally has outrun fundamentals and valuations. US Equity Markets Lower as Semiconductor Stocks Fall, Crude Oil Prices Rise
• Negative Sentiment: Market commentary also points to insider-sale disclosures in recent SEC filings, which may be adding to investor caution even if they do not change the company’s long-term outlook. Marvell Technology SEC Filings

Insider Activity

In other news, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the sale, the chief executive officer owned 739,397 shares in the company, valued at $131,065,512.22. This trade represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $281.92, for a total value of $2,819,200.00. Following the completion of the sale, the chief operating officer directly owned 227,754 shares of the company’s stock, valued at approximately $64,208,407.68. This represents a 4.21% 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. Insiders have sold 160,373 shares of company stock valued at $24,938,664 in the last 90 days. Insiders own 0.12% of the company’s stock.

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.