Janney Montgomery Scott LLC Sells 22,652 Shares of Marvell Technology, Inc. $MRVL

Janney Montgomery Scott LLC trimmed its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 10.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 185,294 shares of the semiconductor company’s stock after selling 22,652 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Marvell Technology were worth $55,198,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Intech Investment Management LLC lifted its stake in shares of Marvell Technology by 3.9% in the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock worth $1,772,000 after buying an additional 1,085 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of Marvell Technology by 22.7% during the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock valued at $1,348,000 after buying an additional 3,221 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Marvell Technology during the second quarter valued at approximately $354,000. Treasurer of the State of North Carolina raised its holdings in Marvell Technology by 3.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock worth $31,256,000 after acquiring an additional 11,572 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in Marvell Technology by 1.0% in the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock worth $31,855,000 after acquiring an additional 4,060 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

Marvell Technology Price Performance

Shares of MRVL opened at $234.33 on Tuesday. The firm has a fifty day simple moving average of $236.50 and a two-hundred day simple moving average of $167.33. The firm has a market cap of $204.99 billion, a PE ratio of 80.25, a P/E/G ratio of 1.39 and a beta of 2.24. 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, Inc. has a 1-year low of $61.44 and a 1-year high of $329.88.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.Marvell Technology’s revenue was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, equities analysts anticipate that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, July 10th. Marvell Technology’s payout ratio is currently 8.22%.

Analysts Set New Price Targets

MRVL has been the topic of several recent analyst reports. Compass Point set a $190.00 target price on Marvell Technology in a research note on Tuesday, May 26th. Scotiabank started coverage on Marvell Technology in a research note on Tuesday, May 26th. They issued an “outperform” rating for the company. Stifel Nicolaus upped their price target on Marvell Technology from $321.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Rosenblatt Securities reiterated a “buy” rating and issued a $240.00 price objective on shares of Marvell Technology in a report on Friday, June 12th. Finally, Wells Fargo & Company boosted their target price on Marvell Technology from $195.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Marvell Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.65.

Insider Transactions at Marvell Technology

In related news, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $236.08, for a total value of $1,770,600.00. Following the transaction, the chief executive officer owned 783,186 shares of the company’s stock, valued at approximately $184,894,550.88. This trade represents a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total transaction of $632,272.50. Following the sale, the chief financial officer directly owned 6,902 shares of the company’s stock, valued at approximately $1,939,531.02. This represents a 24.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 41,981 shares of company stock valued at $9,753,132. 0.12% of the stock is owned by company insiders.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Renewed demand for AI data-center infrastructure lifted Marvell alongside other networking and interconnect stocks. Investors are focusing on Marvell’s custom silicon, switching, optical connectivity, co-packaged optics, memory and storage products, which are designed to support rising bandwidth and power-efficiency requirements in large AI data centers. AI Networking Stocks Are Rallying on Monday
• Positive Sentiment: Recent product announcements, including new AI memory and storage infrastructure offerings and deeper involvement in co-packaged optics, reinforced the view that Marvell is becoming an important supplier to next-generation AI data-center buildouts. A planned $250 million investment in India over three years is also intended to expand technology, talent and infrastructure capabilities. Marvell Technology Deepens Its CPO Role
• Positive Sentiment: Analyst commentary was supportive ahead of earnings. UBS said Marvell is positioned well, while multiple Wall Street notes and price targets remained bullish; the median target among 25 analysts was reported at $250, with several individual targets ranging from $300 to $385. Semtech, Marvell Positioned Well Ahead of Earnings
• Positive Sentiment: Investors expect fiscal Q2 revenue of approximately $2.71 billion and earnings of about $0.87 per share. Marvell’s latest quarter showed 27.6% year-over-year revenue growth, supporting optimism that AI-related demand can continue driving results. What’s Going On With Marvell Technology Stock Monday?
• Neutral Sentiment: Institutional positioning was mixed: BlackRock, Invesco, State Street and JPMorgan reportedly increased holdings, while FMR and Ameriprise reduced their positions. This suggests strong interest but also ongoing portfolio rotation.
• Negative Sentiment: Marvell faces a high earnings bar after its AI-driven rally, and reported insider activity showed 21 open-market sales and no purchases over the past six months. These factors could increase volatility if upcoming results or guidance fail to meet elevated expectations.

Marvell Technology 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.