J. Safra Sarasin Holding AG Raises Stock Position in Marvell Technology, Inc. $MRVL

J. Safra Sarasin Holding AG increased its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 340.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,739 shares of the semiconductor company’s stock after buying an additional 29,934 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Marvell Technology were worth $3,257,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in MRVL. GAMMA Investing LLC lifted its stake in shares of Marvell Technology by 1.7% in the 3rd quarter. GAMMA Investing LLC now owns 7,306 shares of the semiconductor company’s stock valued at $614,000 after purchasing an additional 122 shares during the last quarter. FSM Wealth Advisors LLC raised its holdings in Marvell Technology by 4.4% in the 3rd quarter. FSM Wealth Advisors LLC now owns 2,939 shares of the semiconductor company’s stock valued at $247,000 after buying an additional 123 shares during the period. Meeder Asset Management Inc. lifted its position in Marvell Technology by 30.4% in the third quarter. Meeder Asset Management Inc. now owns 557 shares of the semiconductor company’s stock valued at $47,000 after buying an additional 130 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in Marvell Technology by 1.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 7,353 shares of the semiconductor company’s stock worth $618,000 after buying an additional 133 shares during the period. Finally, First Horizon Advisors Inc. increased its position in shares of Marvell Technology by 6.9% during the second quarter. First Horizon Advisors Inc. now owns 2,115 shares of the semiconductor company’s stock valued at $164,000 after acquiring an additional 137 shares during the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MRVL shares. Piper Sandler set a $110.00 price objective on shares of Marvell Technology in a report on Wednesday, December 3rd. Needham & Company LLC upped their price target on Marvell Technology from $95.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Zacks Research lowered Marvell Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. HSBC began coverage on Marvell Technology in a report on Monday, November 24th. They issued a “hold” rating and a $85.00 price objective on the stock. Finally, Susquehanna set a $120.00 target price on Marvell Technology and gave the company a “positive” rating in a research report on Wednesday, December 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.09.

Insider Buying and Selling at Marvell Technology

In related news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the transaction, the executive vice president owned 19,418 shares in the company, valued at approximately $1,807,427.44. The trade was a 20.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.33% of the company’s stock.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $82.93 on Wednesday. The stock’s 50-day moving average is $85.74 and its two-hundred day moving average is $81.31. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.64. The company has a market cap of $70.33 billion, a price-to-earnings ratio of 29.10, a price-to-earnings-growth ratio of 0.79 and a beta of 1.95. Marvell Technology, Inc. has a 1-year low of $47.08 and a 1-year high of $121.81.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. The business had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.06 billion. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The business’s revenue for the quarter was up 36.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Stockholders of record on Friday, January 9th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, January 9th. Marvell Technology’s dividend payout ratio (DPR) is presently 8.42%.

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.