Marvell Technology, Inc. $MRVL Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC decreased its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 13.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,521 shares of the semiconductor company’s stock after selling 11,383 shares during the period. Segall Bryant & Hamill LLC’s holdings in Marvell Technology were worth $7,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Buying and Selling at Marvell Technology

In other news, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the sale, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at $131,065,512.22. This represents a 1.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 sale, the insider owned 55,530 shares in the company, valued at $16,610,688.90. This trade represents a 3.86% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 35,981 shares of company stock worth $8,207,942. 0.12% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

MRVL has been the subject of a number of recent research reports. Scotiabank assumed coverage on shares of Marvell Technology in a research report on Tuesday, May 26th. They set an “outperform” rating for the company. William Blair reiterated an “outperform” rating on shares of Marvell Technology in a research note on Thursday, May 28th. UBS Group raised their target price on shares of Marvell Technology from $230.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Loop Capital upgraded shares of Marvell Technology to a “strong-buy” rating in a research report on Tuesday, June 16th. Finally, B. Riley Financial upped their price target on shares of Marvell Technology from $240.00 to $345.00 and gave the company a “buy” rating in a report on Friday, June 12th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Marvell Technology has an average rating of “Moderate Buy” and an average target price of $245.45.

Marvell Technology Stock Performance

Marvell Technology stock opened at $187.56 on Monday. The firm has a market cap of $164.08 billion, a PE ratio of 64.23, a P/E/G ratio of 1.17 and a beta of 2.24. Marvell Technology, Inc. has a 12 month low of $61.44 and a 12 month high of $329.88. The stock’s 50 day simple moving average is $243.00 and its two-hundred day simple moving average is $156.95. 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 posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting the consensus estimate 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 during the quarter, compared to analyst estimates of $2.41 billion. During the same period in the previous year, the firm earned $0.62 EPS. The business’s quarterly revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. 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 disclosed a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were given a $0.06 dividend. The ex-dividend date was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio is 8.22%.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Recent earnings from major technology companies pointed to continued heavy investment in data centers and AI infrastructure. Marvell is viewed as a key supplier of custom AI silicon and networking products, supporting expectations for sustained demand. Why Is Marvell Technology Stock Surging Friday?
• Positive Sentiment: Analysts remain broadly constructive: 25 analysts have issued price targets over the past six months, with a reported median target of $250 and several recent targets ranging from $300 to $385. The average target cited by another report was $256.91, implying substantial potential upside if Marvell executes. Marvell Down Huge This Month: The Pros See 120% Returns in 12 Months
• Positive Sentiment: Options activity has increased in longer-dated call contracts, indicating that some traders are positioning for a recovery tied to AI infrastructure growth. Institutional sentiment was also generally supportive, with more investors adding shares than reducing positions in the latest reported period.
• Neutral Sentiment: Marvell’s next earnings report is expected in late August. Investors will be watching revenue growth, custom-chip demand, and forward guidance for evidence that AI-related industry momentum is improving the company’s financial performance.
• Negative Sentiment: Valuation concerns contributed to the recent decline. After a strong multiyear advance, some measures suggest the shares remain expensive or “stretched,” leaving MRVL vulnerable if growth expectations weaken. Marvell Stock Looks Stretched After a 206% Five Year Run
• Negative Sentiment: Insiders have reported 20 open-market sales and no purchases over the past six months, including sales by senior executives and the CEO. While such transactions may reflect portfolio diversification, the absence of insider buying is a cautionary signal for investors.

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.