MJP Associates Inc. ADV Sells 2,750 Shares of Marvell Technology, Inc. $MRVL

MJP Associates Inc. ADV lessened its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 32.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,636 shares of the semiconductor company’s stock after selling 2,750 shares during the quarter. MJP Associates Inc. ADV’s holdings in Marvell Technology were worth $479,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in Marvell Technology in the 4th quarter valued at $25,000. Elyxium Wealth LLC bought a new position in Marvell Technology in the 4th quarter valued at $40,000. Whittier Trust Co. of Nevada Inc. grew its position in Marvell Technology by 98.0% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 244 shares during the last quarter. Strive Asset Management LLC bought a new position in Marvell Technology in the 3rd quarter valued at $42,000. Finally, Avalon Trust Co grew its position in Marvell Technology by 70.6% in the 3rd quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock valued at $55,000 after acquiring an additional 269 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Insider Activity at Marvell Technology

In related news, CFO Willem A. Meintjes sold 4,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $175.24, for a total transaction of $700,960.00. Following the sale, the chief financial officer owned 226,675 shares of the company’s stock, valued at $39,722,527. This trade represents a 1.73% decrease in their ownership of the stock. The sale 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 the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $162.76, for a total value of $1,627,600.00. Following the sale, the chief operating officer directly owned 209,592 shares in the company, valued at approximately $34,113,193.92. The trade was a 4.55% decrease in their position. 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. Insiders have sold 245,060 shares of company stock valued at $29,901,072 over the last 90 days. Company insiders own 0.19% of the company’s stock.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Wells Fargo sharply raised its price target on Marvell to $195 from $135 and reiterated an Overweight rating, citing “significant AWS Trainium expansion ahead” and growing custom silicon momentum. Marvell Price Target Vaults to $195 at Wells Fargo on AWS Trainium and Custom Silicon Momentum
• Positive Sentiment: Evercore ISI also lifted its target to $155 from $133 and kept an Outperform rating, pointing to rising AI infrastructure demand and Marvell’s exposure to data center spending. Evercore ISI Raises Marvell Technology (MRVL) Price Target on Rising AI Infrastructure Demand
• Positive Sentiment: Several other firms also increased price targets, with commentary focused on AI chip demand, cloud deployments, optical connectivity, and custom AI processor opportunities, adding to the bullish momentum around the stock. Why Is Marvell Stock Gaining Wednesday?
• Neutral Sentiment: Recent discussion also highlighted Marvell’s growing role in AI silicon partnerships and data center optics, but some traders remain cautious that much of the near-term optimism may already be reflected in the valuation. Marvell Technology Stock (MRVL) Opinions on Analyst Upgrades and AI Silicon Partnerships
• Negative Sentiment: One potential headwind is insider selling, including a recent CFO share sale, which can temper enthusiasm even though the transaction was pre-planned. Insider Selling: Marvell Technology (NASDAQ:MRVL) CFO Sells 4,000 Shares of Stock

Analyst Ratings Changes

MRVL has been the topic of several research analyst reports. Oppenheimer upped their price objective on Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday. Wall Street Zen downgraded Marvell Technology from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Stifel Nicolaus increased their price target on Marvell Technology from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. B. Riley Financial reissued a “buy” rating on shares of Marvell Technology in a research report on Tuesday, May 12th. Finally, Zacks Research raised Marvell Technology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $138.70.

Marvell Technology Price Performance

MRVL opened at $186.80 on Thursday. Marvell Technology, Inc. has a 12-month low of $58.61 and a 12-month high of $193.32. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. The business’s fifty day simple moving average is $130.75 and its 200-day simple moving average is $100.69. The company has a market capitalization of $167.62 billion, a price-to-earnings ratio of 60.65, a PEG ratio of 1.47 and a beta of 2.25.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter last year, the company earned $0.60 earnings per share. The firm’s revenue for the quarter was up 22.1% compared to the same quarter last year. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, equities research analysts anticipate that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, April 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 presently 7.79%.

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.