Marvell Technology, Inc. $MRVL Shares Sold by Nvwm LLC

Nvwm LLC reduced its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 92.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,080 shares of the semiconductor company’s stock after selling 13,561 shares during the period. Nvwm LLC’s holdings in Marvell Technology were worth $84,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Taylor Frigon Capital Management LLC boosted its position in shares of Marvell Technology by 16.5% during the 2nd quarter. Taylor Frigon Capital Management LLC now owns 33,605 shares of the semiconductor company’s stock worth $2,601,000 after acquiring an additional 4,748 shares in the last quarter. Waterfront Wealth Inc. lifted its stake in Marvell Technology by 21.5% during the second quarter. Waterfront Wealth Inc. now owns 18,394 shares of the semiconductor company’s stock worth $1,424,000 after purchasing an additional 3,258 shares during the last quarter. BOCHK Asset Management Ltd purchased a new stake in Marvell Technology during the second quarter worth approximately $1,486,000. Westbourne Investments Inc. boosted its holdings in Marvell Technology by 442.4% in the second quarter. Westbourne Investments Inc. now owns 21,695 shares of the semiconductor company’s stock valued at $1,679,000 after purchasing an additional 17,695 shares in the last quarter. Finally, Triton Financial Group Inc purchased a new position in Marvell Technology in the second quarter valued at approximately $1,543,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

Shares of MRVL opened at $90.92 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 1.88. Marvell Technology, Inc. has a fifty-two week low of $47.08 and a fifty-two week high of $127.48. The firm has a 50-day simple moving average of $80.70 and a 200-day simple moving average of $73.33. The company has a market capitalization of $78.38 billion, a price-to-earnings ratio of -699.38, a price-to-earnings-growth ratio of 1.10 and a beta of 1.95.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the prior year, the business earned $0.30 EPS. The firm’s revenue was up 57.6% compared to the same quarter last year. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, equities research analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Marvell Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 30th. Investors of record on Friday, October 10th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, October 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is currently -184.62%.

Marvell Technology announced that its Board of Directors has approved a share buyback plan on Wednesday, September 24th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the semiconductor company to reacquire up to 7.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Bank of America reissued a “neutral” rating and set a $78.00 price objective (down previously from $90.00) on shares of Marvell Technology in a report on Friday, August 29th. Oppenheimer lifted their price target on shares of Marvell Technology from $95.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, October 10th. Cantor Fitzgerald restated a “neutral” rating and issued a $75.00 price objective on shares of Marvell Technology in a research note on Friday, August 29th. Jefferies Financial Group dropped their price objective on Marvell Technology from $90.00 to $80.00 and set a “buy” rating on the stock in a report on Friday, August 29th. Finally, Zacks Research raised Marvell Technology from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, Marvell Technology currently has an average rating of “Moderate Buy” and an average price target of $93.06.

Insider Activity

In other news, insider Sandeep Bharathi acquired 3,400 shares of the company’s stock in a transaction on Thursday, September 25th. The shares were bought at an average cost of $78.03 per share, with a total value of $265,302.00. Following the purchase, the insider owned 73,392 shares of the company’s stock, valued at $5,726,777.76. This represents a 4.86% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Matthew J. Murphy acquired 13,600 shares of the business’s stock in a transaction on Thursday, September 25th. The shares were purchased at an average price of $77.09 per share, with a total value of $1,048,424.00. Following the transaction, the chief executive officer owned 268,637 shares in the company, valued at $20,709,226.33. The trade was a 5.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have bought 27,200 shares of company stock valued at $2,109,632. Corporate insiders own 0.19% of the company’s stock.

Marvell Technology Company Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.