Moss Adams Wealth Advisors LLC Makes New $224,000 Investment in Marvell Technology, Inc. $MRVL

Moss Adams Wealth Advisors LLC purchased a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,258 shares of the semiconductor company’s stock, valued at approximately $224,000.

Other hedge funds have also recently bought and sold shares of the company. Intrua Financial LLC lifted its position in shares of Marvell Technology by 11.2% in the first quarter. Intrua Financial LLC now owns 4,679 shares of the semiconductor company’s stock worth $463,000 after purchasing an additional 471 shares in the last quarter. EWA LLC acquired a new position in Marvell Technology during the first quarter worth $216,000. Bigelow Investment Advisors LLC increased its holdings in shares of Marvell Technology by 20.2% during the 1st quarter. Bigelow Investment Advisors LLC now owns 3,190 shares of the semiconductor company’s stock valued at $316,000 after acquiring an additional 536 shares during the last quarter. Pinnacle Bancorp Inc. raised its position in shares of Marvell Technology by 8.5% in the first quarter. Pinnacle Bancorp Inc. now owns 3,455 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 271 shares during the period. Finally, Apollon Wealth Management LLC raised its holdings in Marvell Technology by 7.3% in the 1st quarter. Apollon Wealth Management LLC now owns 33,945 shares of the semiconductor company’s stock worth $3,362,000 after acquiring an additional 2,311 shares during the period. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology Stock Up 7.3%

Shares of Marvell Technology stock opened at $297.89 on Wednesday. The business has a 50-day moving average of $222.81 and a two-hundred day moving average of $136.37. Marvell Technology, Inc. has a 1 year low of $61.44 and a 1 year high of $329.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. The company has a market capitalization of $260.59 billion, a P/E ratio of 102.02, a price-to-earnings-growth ratio of 1.82 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting the consensus estimate of $0.80. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business’s quarterly revenue was up 27.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be issued a dividend of $0.06 per share. The ex-dividend date is Friday, July 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio is presently 8.22%.

More Marvell Technology News

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

• Positive Sentiment: UBS kept its Buy rating and lifted its price target, highlighting Marvell’s growing opportunity in the data-center CXL market and reinforcing the bullish case for AI-driven connectivity demand. Article link
• Positive Sentiment: Erste Group raised its FY2028 EPS estimate for Marvell, adding to expectations that earnings will keep improving as AI infrastructure spending expands. Article link
• Positive Sentiment: Recent articles emphasized Marvell’s role in the broader custom ASIC and AI buildout theme, which is keeping momentum strong after a powerful multi-week rally. Article link
• Neutral Sentiment: Investors are debating whether the stock’s sharp recent run leaves room for further upside or raises the risk of profit-taking after a very strong month. Article link
• Negative Sentiment: Some market commentary notes that MRVL’s explosive rally could attract short-term selling from investors looking to lock in gains, especially after the stock’s outsized move higher. Article link

Insider Buying and Selling

In related news, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the sale, the executive vice president owned 4,023 shares of the company’s stock, valued at approximately $430,501.23. The trade was a 72.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Willem A. Meintjes sold 30,000 shares of the firm’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total transaction of $4,020,300.00. Following the completion of the transaction, the chief financial officer directly owned 154,111 shares of the company’s stock, valued at $20,652,415.11. This represents a 16.29% decrease in their ownership of the stock. 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 178,127 shares of company stock worth $25,138,555 over the last three months. Company insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

MRVL has been the subject of a number of research analyst reports. Benchmark upped their price target on Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. TD Cowen lifted their price objective on Marvell Technology from $180.00 to $200.00 and gave the company a “hold” rating in a report on Thursday, May 28th. William Blair restated an “outperform” rating on shares of Marvell Technology in a research report on Thursday, May 28th. KeyCorp boosted their price objective on Marvell Technology from $260.00 to $385.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $240.00 price target on shares of Marvell Technology in a research note on Friday, June 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Marvell Technology has an average rating of “Moderate Buy” and an average target price of $239.81.

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.