3,134 Shares in Marvell Technology, Inc. $MRVL Acquired by Tcfg Wealth Management LLC

Tcfg Wealth Management LLC acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,134 shares of the semiconductor company’s stock, valued at approximately $310,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MRVL. Focused Wealth Management Inc acquired a new stake in shares of Marvell Technology during the first quarter valued at about $608,000. Wilson Asset Management International PTY Ltd. increased its stake in shares of Marvell Technology by 20.4% in the fourth quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock valued at $11,442,000 after buying an additional 22,837 shares during the period. Varma Mutual Pension Insurance Co raised its holdings in Marvell Technology by 25.4% in 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 buying an additional 32,130 shares during the last quarter. Lombard Odier Asset Management USA Corp raised its holdings in Marvell Technology by 60.5% in 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 buying an additional 12,076 shares during the last quarter. Finally, Jain Global LLC boosted its position in Marvell Technology by 189.6% during the 3rd quarter. Jain Global LLC now owns 443,538 shares of the semiconductor company’s stock worth $37,288,000 after buying an additional 290,402 shares during the period. Institutional investors own 83.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MRVL shares. Royal Bank Of Canada boosted their target price on shares of Marvell Technology from $170.00 to $200.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. lifted their price target on shares of Marvell Technology from $135.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. HSBC set a $300.00 price objective on shares of Marvell Technology and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Compass Point set a $190.00 price objective on Marvell Technology in a report on Tuesday, May 26th. Finally, Oppenheimer raised their target price on Marvell Technology from $200.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $239.81.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: UBS kept its Buy rating and lifted its price target, highlighting Marvell’s growing opportunity in the data-center CXL market and reinforcing the bullish case for AI-driven connectivity demand. Article link
• Positive Sentiment: Erste Group raised its FY2028 EPS estimate for Marvell, adding to expectations that earnings will keep improving as AI infrastructure spending expands. Article link
• Positive Sentiment: Recent articles emphasized Marvell’s role in the broader custom ASIC and AI buildout theme, which is keeping momentum strong after a powerful multi-week rally. Article link
• Neutral Sentiment: Investors are debating whether the stock’s sharp recent run leaves room for further upside or raises the risk of profit-taking after a very strong month. Article link
• Negative Sentiment: Some market commentary notes that MRVL’s explosive rally could attract short-term selling from investors looking to lock in gains, especially after the stock’s outsized move higher. Article link

Marvell Technology Stock Performance

NASDAQ:MRVL opened at $297.89 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88. The company has a 50 day simple moving average of $222.81 and a two-hundred day simple moving average of $136.37. The company has a market capitalization of $260.59 billion, a PE ratio of 102.02, a P/E/G ratio of 1.82 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the previous year, the company earned $0.62 EPS. The company’s revenue for the quarter was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Research analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current 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 paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is currently 8.22%.

Insiders Place Their Bets

In related news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total value of $1,329,450.00. Following the transaction, the chief executive officer owned 739,397 shares in the company, valued at $131,065,512.22. The trade was a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Willem A. Meintjes sold 30,000 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total transaction of $4,020,300.00. Following the sale, the chief financial officer directly owned 154,111 shares in the company, valued at $20,652,415.11. This trade represents a 16.29% decrease in their position. The SEC filing for this sale provides additional information. 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 178,127 shares of company stock valued at $25,138,555 over the last quarter. Company 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.