Northwestern Mutual Wealth Management Co. Buys 32,024 Shares of Marvell Technology, Inc. $MRVL

Northwestern Mutual Wealth Management Co. grew its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 4.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 729,995 shares of the semiconductor company’s stock after acquiring an additional 32,024 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Marvell Technology were worth $62,035,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of MRVL. Laurel Wealth Advisors LLC bought a new stake in shares of Marvell Technology during the 4th quarter valued at $25,000. Elyxium Wealth LLC bought a new stake in shares of Marvell Technology during the 4th quarter worth $40,000. Strive Asset Management LLC bought a new stake in shares of Marvell Technology during the 3rd quarter worth $42,000. Avalon Trust Co lifted its position in shares of Marvell Technology by 70.6% during the 3rd quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock worth $55,000 after buying an additional 269 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its position in shares of Marvell Technology by 67.3% during the 3rd quarter. Westside Investment Management Inc. now owns 696 shares of the semiconductor company’s stock worth $58,000 after buying an additional 280 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell posted record quarterly revenue, met EPS estimates, and raised its outlook on accelerating AI-related data center demand, reinforcing the bull case for MRVL.
• Positive Sentiment: A wave of analyst price-target increases, including multiple firms moving targets into the $225-$275 range, signals growing Wall Street confidence in Marvell’s AI growth story.
• Positive Sentiment: Coverage highlighted Marvell’s expanding opportunities in networking chips, custom silicon, interconnect, and optical solutions as AI infrastructure spending continues to rise.
• Neutral Sentiment: Some analysts say the stock’s strong rally has already priced in a lot of good news, making valuation a key question for investors after the earnings move.
• Negative Sentiment: Gross margin expansion is slowing as custom chip costs rise and competition intensifies, which could limit earnings leverage if revenue growth cools.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Raymond James Financial set a $235.00 price objective on Marvell Technology and gave the stock a “strong-buy” rating in a research report on Thursday. KeyCorp upped their price objective on Marvell Technology from $130.00 to $260.00 and gave the stock an “overweight” rating in a research report on Thursday. Benchmark upped their price objective on Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday. Wall Street Zen downgraded Marvell Technology from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Finally, Cantor Fitzgerald upped their price objective on Marvell Technology from $190.00 to $220.00 and gave the stock a “neutral” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $212.34.

Marvell Technology Price Performance

Marvell Technology stock opened at $205.00 on Friday. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $183.95 billion, a PE ratio of 70.21, a P/E/G ratio of 1.71 and a beta of 2.25. Marvell Technology, Inc. has a 12 month low of $58.61 and a 12 month high of $218.26. The stock has a 50-day moving average price of $146.17 and a two-hundred day moving average price of $105.94.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. Marvell Technology had a return on equity of 14.89% and a net margin of 28.99%.The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter last year, the firm posted $0.62 earnings per share. The firm’s 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. Analysts expect that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Announces Dividend

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

Insiders Place Their Bets

In other Marvell Technology news, EVP Mark Casper sold 10,854 shares of the stock in a transaction that occurred on 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 transaction, the executive vice president owned 4,023 shares in the company, valued at approximately $430,501.23. This represents a 72.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew J. Murphy sold 30,000 shares of the stock in a transaction that occurred on Thursday, March 26th. The stock was sold at an average price of $98.70, for a total value of $2,961,000.00. Following the completion of the transaction, the chief executive officer owned 310,106 shares in the company, valued at approximately $30,607,462.20. The trade was a 8.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 245,060 shares of company stock valued at $29,901,072. 0.12% of the stock is currently owned by corporate insiders.

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.