Qtron Investments LLC Purchases 5,076 Shares of Marvell Technology, Inc. $MRVL

Qtron Investments LLC increased its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 117.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,415 shares of the semiconductor company’s stock after buying an additional 5,076 shares during the quarter. Qtron Investments LLC’s holdings in Marvell Technology were worth $729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in MRVL. Game Plan Financial Advisors LLC bought a new stake in Marvell Technology during the 2nd quarter worth approximately $27,000. Kiker Wealth Management LLC raised its stake in shares of Marvell Technology by 374.7% during the second quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 281 shares during the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Marvell Technology by 62.5% during the second quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 160 shares during the period. DiNuzzo Private Wealth Inc. grew its stake in shares of Marvell Technology by 786.0% in the second quarter. DiNuzzo Private Wealth Inc. now owns 443 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 393 shares during the last quarter. Finally, Clear Investment Research LLC grew its stake in shares of Marvell Technology by 58.6% in the second quarter. Clear Investment Research LLC now owns 490 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 181 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Insider Activity at Marvell Technology

In related news, CEO Matthew J. Murphy bought 13,600 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The shares were acquired at an average cost of $77.09 per share, with a total value of $1,048,424.00. Following the completion of the purchase, the chief executive officer directly owned 268,637 shares in the company, valued at $20,709,226.33. The trade was a 5.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Sandeep Bharathi purchased 3,400 shares of the firm’s stock in a transaction on Thursday, September 25th. The stock was bought at an average cost of $78.03 per share, with a total value of $265,302.00. Following the completion of the purchase, the insider owned 73,392 shares of the company’s stock, valued at approximately $5,726,777.76. This represents a 4.86% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 27,200 shares of company stock valued at $2,109,632 in the last ninety days. Insiders own 0.19% of the company’s stock.

Marvell Technology Stock Up 0.7%

Shares of Marvell Technology stock opened at $98.91 on Friday. The stock’s 50-day moving average is $87.75 and its 200 day moving average is $77.17. Marvell Technology, Inc. has a one year low of $47.08 and a one year high of $127.48. The firm has a market cap of $83.89 billion, a price-to-earnings ratio of 34.71, a PEG ratio of 0.96 and a beta of 1.93. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.44.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The business had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.06 billion. During the same period in the previous year, the company posted $0.43 earnings per share. The firm’s revenue for the quarter was up 36.8% on a year-over-year basis. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Equities research analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology declared that its board has authorized a share repurchase program on Wednesday, September 24th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 7.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 30th. Investors of record on Friday, October 10th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, October 10th. Marvell Technology’s payout ratio is presently 8.42%.

Wall Street Analysts Forecast Growth

MRVL has been the subject of several analyst reports. Summit Insights raised Marvell Technology from a “hold” rating to a “buy” rating in a research report on Wednesday. Hsbc Global Res raised Marvell Technology to a “hold” rating in a research note on Monday, November 24th. Craig Hallum reaffirmed a “buy” rating and issued a $141.00 price objective on shares of Marvell Technology in a research note on Wednesday. Susquehanna set a $120.00 target price on Marvell Technology and gave the company a “positive” rating in a report on Wednesday. Finally, Jefferies Financial Group increased their target price on shares of Marvell Technology from $80.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus target price of $111.56.

About Marvell Technology

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.