Marvell Technology, Inc. $MRVL Shares Sold by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. trimmed its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 461,384 shares of the semiconductor company’s stock after selling 10,440 shares during the quarter. Vaughan Nelson Investment Management L.P. owned 0.05% of Marvell Technology worth $39,208,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MRVL. Trifecta Capital Advisors LLC raised its position in Marvell Technology by 8.8% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 1,430 shares of the semiconductor company’s stock valued at $120,000 after purchasing an additional 116 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Marvell Technology by 1.7% in the third quarter. GAMMA Investing LLC now owns 7,306 shares of the semiconductor company’s stock valued at $614,000 after acquiring an additional 122 shares in the last quarter. FSM Wealth Advisors LLC lifted its position in Marvell Technology by 4.4% in the third quarter. FSM Wealth Advisors LLC now owns 2,939 shares of the semiconductor company’s stock valued at $247,000 after purchasing an additional 123 shares during the period. Faithward Advisors LLC lifted its position in shares of Marvell Technology by 2.1% during the 3rd quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock valued at $525,000 after acquiring an additional 126 shares during the period. Finally, Meeder Asset Management Inc. increased its holdings in Marvell Technology by 30.4% during the 3rd quarter. Meeder Asset Management Inc. now owns 557 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 130 shares in 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 $87.81 on Tuesday. Marvell Technology, Inc. has a 12 month low of $47.08 and a 12 month high of $102.77. The company has a market cap of $76.79 billion, a P/E ratio of 28.51, a PEG ratio of 0.86 and a beta of 1.97. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58. The stock has a fifty day moving average price of $83.51 and a 200 day moving average price of $84.73.

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 the consensus estimate of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.21 billion. During the same period last year, the firm posted $0.60 EPS. Marvell Technology’s quarterly revenue 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, research analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, April 10th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is 7.79%.

Wall Street Analyst Weigh In

MRVL has been the topic of several analyst reports. Melius Research upgraded shares of 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. Stifel Nicolaus lifted their target price on shares of Marvell Technology from $114.00 to $120.00 and gave the company a “buy” rating in a report on Friday, March 6th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Marvell Technology in a research report on Tuesday, January 6th. Citigroup boosted their target price on shares of Marvell Technology from $113.00 to $118.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Finally, Benchmark raised Marvell Technology from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $117.24.

Insider Buying and Selling

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $93.08, for a total value of $465,400.00. Following the completion of the sale, the executive vice president directly owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. This represents a 20.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Sandeep Bharathi sold 44,414 shares of the stock in a transaction on Thursday, March 26th. The shares were sold at an average price of $99.61, for a total value of $4,424,078.54. Following the sale, the insider owned 55,199 shares of the company’s stock, valued at $5,498,372.39. This trade represents a 44.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 79,414 shares of company stock valued at $7,850,479 over the last three months. Company insiders own 0.33% of the company’s stock.

About Marvell Technology

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.