3,095 Shares in Marvell Technology, Inc. $MRVL Acquired by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL) in the 1st quarter, Holdings Channel reports. The firm acquired 3,095 shares of the semiconductor company’s stock, valued at approximately $307,000.

A number of other large investors have also modified their holdings of the stock. Uhlmann Price Securities LLC acquired a new stake in Marvell Technology during the 1st quarter valued at $203,000. Diversified Trust Co boosted its holdings in Marvell Technology by 3.2% in the first quarter. Diversified Trust Co now owns 33,253 shares of the semiconductor company’s stock valued at $3,294,000 after purchasing an additional 1,033 shares during the last quarter. Westmount Partners LLC acquired a new stake in Marvell Technology during the 1st quarter valued at approximately $1,323,000. Aspen Investment Management Inc grew its stake in Marvell Technology by 8.4% during the 1st quarter. Aspen Investment Management Inc now owns 8,493 shares of the semiconductor company’s stock valued at $841,000 after purchasing an additional 656 shares in the last quarter. Finally, Old North State Trust LLC increased its holdings in Marvell Technology by 14.0% during the 4th quarter. Old North State Trust LLC now owns 5,702 shares of the semiconductor company’s stock worth $485,000 after purchasing an additional 701 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Price Performance

Shares of MRVL opened at $310.58 on Monday. The firm has a market cap of $271.70 billion, a price-to-earnings ratio of 106.36, a PEG ratio of 2.03 and a beta of 2.29. The stock has a 50 day moving average of $201.51 and a 200-day moving average of $127.06. 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, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.80. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business’s revenue was up 27.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell is set to join the S&P 500 on June 22, which can drive demand from index funds and ETFs that track the benchmark.
• Positive Sentiment: Investor sentiment remains strong after Nvidia CEO Jensen Huang praised Marvell, reinforcing its role in AI infrastructure and custom chip design.
• Positive Sentiment: Recent analyst upgrades and sharply higher price targets suggest Wall Street sees more upside from Marvell’s AI networking and optical interconnect growth.
• Positive Sentiment: Marvell’s recent earnings and guidance continue to show solid demand, with revenue growth tied to data-center and custom-chip momentum.
• Neutral Sentiment: Several commentary pieces note that MRVL has run up quickly and may be trading at a demanding valuation, which could limit near-term upside even if the AI story stays intact.
• Neutral Sentiment: Technical notes suggest the stock remains in a strong uptrend near highs, but it may pause for consolidation after a steep move.
• Negative Sentiment: Marvell’s CFO filed to sell about $65 million of stock, and while insider sales can pressure sentiment, this looks like a large disclosure investors may view cautiously. Article: Marvell’s CFO Just Filed to Dump $65 Million of Stock
• Negative Sentiment: A separate insider sale by Sandeep Bharathi was also disclosed, though it was tied to a pre-arranged 10b5-1 plan and tax withholding, making it less concerning on its own.

Insider Activity

In other news, insider Sandeep Bharathi sold 2,231 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total value of $667,359.03. Following the transaction, the insider directly owned 55,530 shares in the company, valued at approximately $16,610,688.90. This trade represents a 3.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $205.87, for a total transaction of $2,058,700.00. Following the completion of the transaction, the chief operating officer directly owned 237,392 shares of the company’s stock, valued at $48,871,891.04. This trade represents a 4.04% decrease in their ownership of the stock. 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 257,291 shares of company stock valued at $32,627,131 over the last quarter. 0.12% of the stock is owned by company insiders.

Analyst Ratings Changes

MRVL has been the topic of a number of recent analyst reports. Oppenheimer upped their target price on Marvell Technology from $200.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Evercore restated an “outperform” rating and issued a $155.00 price target on shares of Marvell Technology in a research note on Tuesday, May 19th. Cantor Fitzgerald upped their price target on shares of Marvell Technology from $190.00 to $220.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Morgan Stanley increased their price objective on shares of 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, B. Riley Financial raised their price objective on shares of Marvell Technology from $240.00 to $345.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Marvell Technology currently has an average rating of “Moderate Buy” and an average target price of $228.71.

Marvell Technology 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.