Box Hill Private Wealth LLC Invests $246,000 in Marvell Technology, Inc. $MRVL

Box Hill Private Wealth LLC purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,893 shares of the semiconductor company’s stock, valued at approximately $246,000.

Other hedge funds have also made changes to their positions in the company. Intech Investment Management LLC lifted its stake in Marvell Technology by 3.9% during the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock worth $1,772,000 after purchasing an additional 1,085 shares during the last quarter. Baird Financial Group Inc. lifted its stake in Marvell Technology by 22.7% during the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock worth $1,348,000 after purchasing an additional 3,221 shares during the last quarter. Flow Traders U.S. LLC bought a new position in Marvell Technology during the second quarter worth $354,000. Treasurer of the State of North Carolina lifted its stake in Marvell Technology by 3.0% during the second quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock worth $31,256,000 after purchasing an additional 11,572 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in Marvell Technology by 1.0% during the second quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock worth $31,855,000 after purchasing an additional 4,060 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Bank of America raised their price objective on Marvell Technology from $125.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Needham & Company LLC reduced their price objective on Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a research note on Tuesday, February 3rd. Barclays upgraded Marvell Technology from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $105.00 to $150.00 in a research note on Thursday, April 9th. Zacks Research upgraded Marvell Technology from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Finally, Wall Street Zen cut Marvell Technology from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $143.76.

Marvell Technology Stock Performance

MRVL stock opened at $196.33 on Tuesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. The stock has a market capitalization of $176.17 billion, a price-to-earnings ratio of 63.74, a PEG ratio of 1.64 and a beta of 2.25. Marvell Technology, Inc. has a 1 year low of $58.61 and a 1 year high of $198.40. The stock’s fifty day moving average is $136.99 and its two-hundred day moving average is $102.89.

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

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, April 10th. Marvell Technology’s dividend payout ratio (DPR) is presently 7.79%.

Insider Activity at Marvell Technology

In other news, CFO Willem A. Meintjes sold 30,000 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $134.01, for a total transaction of $4,020,300.00. Following the transaction, the chief financial officer directly owned 154,111 shares of the company’s stock, valued at approximately $20,652,415.11. This trade represents a 16.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $110.24, for a total value of $1,102,400.00. Following the transaction, the chief operating officer directly owned 133,870 shares in the company, valued at $14,757,828.80. This trade represents a 6.95% 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. In the last three months, insiders sold 245,060 shares of company stock valued at $29,901,072. 0.19% of the stock is owned by corporate insiders.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Citi raised its price target on Marvell to $215 from $118 and kept a Buy rating ahead of earnings, signaling confidence in solid results and ongoing AI-related demand. Citi Lifts Price Target on Marvell Technology, Inc. (MRVL)
• Positive Sentiment: Oppenheimer also lifted its price target on Marvell to $200 from $170 and reiterated Outperform, adding to the bullish pre-earnings setup. Oppenheimer Raises its Price Target on Marvell (MRVL)
• Positive Sentiment: Investor enthusiasm is being fueled by expectations that Marvell will benefit from fast-growing demand for inference-focused AI chips, with the “next Nvidia” trade putting added spotlight on the stock. The ‘Next Nvidia’ Trade? Why Investors Are Suddenly Watching Advanced Micro Devices, Arm Holdings, and Marvell Technology
• Neutral Sentiment: Multiple previews say Marvell’s upcoming earnings could be a major catalyst, with options pricing implying a sizable post-report move and the stock seen as capable of reaching new highs if guidance is strong. Here’s How Much Marvell Stock Is Expected to Move After Earnings
• Neutral Sentiment: Marvell is set to report earnings Wednesday afternoon, and investors are waiting to see whether results confirm the recent AI-driven optimism. Marvell Technology (MRVL) To Report Earnings Tomorrow: Here Is What To Expect
• Negative Sentiment: One report warns that Marvell is becoming highly overbought and overvalued heading into earnings, suggesting some traders may be cautious despite the bullish narrative. Marvell Technology Stock Gets Highly Overbought, Overvalued Ahead Of Earnings

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.