Marvell Technology, Inc. $MRVL Stock Position Increased by Equitable Trust Co.

Equitable Trust Co. raised its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 3.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,461 shares of the semiconductor company’s stock after purchasing an additional 2,338 shares during the period. Equitable Trust Co.’s holdings in Marvell Technology were worth $6,880,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new stake in shares of Marvell Technology during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC grew its holdings in Marvell Technology by 978.3% in the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares in the last quarter. Jessup Wealth Management Inc bought a new position in Marvell Technology in the 4th quarter worth approximately $25,000. Cherry Tree Wealth Management LLC acquired a new stake in Marvell Technology in the 4th quarter valued at approximately $26,000. Finally, MidFirst Bank bought a new stake in Marvell Technology during the 4th quarter valued at $28,000. Institutional investors own 83.51% of the company’s stock.

Marvell Technology News Roundup

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

• Positive Sentiment: MRVL is benefiting from a broad semiconductor rally, with traders buying back AI-related stocks after recent weakness and geopolitical fears eased. Broadcom, Intel, Corning, Marvell, and More Stocks That Explain Today’s Market
• Positive Sentiment: RBC Capital reaffirmed a $360 price target, reinforcing a bullish view that Marvell can keep benefiting from AI data center spending. Why Is Marvell Technology Stock Gaining Thursday?
• Positive Sentiment: Analysts continue to highlight Marvell as a key AI infrastructure supplier, citing custom chips, networking, optics, and strong partnerships as reasons the growth story remains intact. Zacks Investment Ideas feature highlights: Marvell Technology, Amazon, Alphabet and NVIDIA
• Positive Sentiment: Commentary around Marvell’s long-term upside has improved, with some market coverage calling it a potential major AI winner and emphasizing its role as the “nervous system” of AI data centers. Marvell: The Next Trillion Dollar AI Stock
• Positive Sentiment: Tower Semiconductor reported progress in photonics shipments to customers of Marvell, underscoring healthy demand in the optical connectivity ecosystem that supports Marvell’s AI data center business. Tower Semiconductor (TSEM) Advances AI Data Center Connectivity With Photonics Milestone

Marvell Technology Stock Performance

Marvell Technology stock opened at $243.27 on Friday. The firm’s 50 day simple moving average is $235.20 and its 200-day simple moving average is $144.29. The company has a market cap of $212.81 billion, a P/E ratio of 83.31, a price-to-earnings-growth ratio of 1.52 and a beta of 2.20. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS 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 business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the firm earned $0.62 EPS. The firm’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. As a group, equities research analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Friday, July 10th will be issued a $0.06 dividend. The ex-dividend date is 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 presently 8.22%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 price target on shares of Marvell Technology in a research report on Thursday, May 28th. Compass Point set a $190.00 price objective on shares of Marvell Technology in a research note on Tuesday, May 26th. Stifel Nicolaus upped their price objective on shares of Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Scotiabank initiated coverage on shares of Marvell Technology in a research report on Tuesday, May 26th. They issued an “outperform” rating for the company. Finally, Roth Capital boosted their price target on shares of Marvell Technology from $135.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $244.97.

Insiders Place Their Bets

In other news, CFO Willem A. Meintjes sold 4,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $175.24, for a total value of $700,960.00. Following the completion of the sale, the chief financial officer owned 226,675 shares of the company’s stock, valued at $39,722,527. This trade represents a 1.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total value of $667,359.03. Following the transaction, the insider owned 55,530 shares in the company, valued at $16,610,688.90. This represents a 3.86% decrease in their position. The SEC filing for this sale provides additional information. 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. Insiders have sold a total of 160,373 shares of company stock valued at $24,938,664 over the last quarter. 0.12% of the stock is owned by insiders.

About Marvell Technology

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.