Redhawk Wealth Advisors Inc. Makes New $4.24 Million Investment in Marvell Technology, Inc. $MRVL

Redhawk Wealth Advisors Inc. bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVLFree Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 14,215 shares of the semiconductor company’s stock, valued at approximately $4,235,000.

Several other hedge funds also recently modified their holdings of MRVL. Arlington Trust Co LLC raised its stake in shares of Marvell Technology by 24.1% during the second quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock worth $80,000 after buying an additional 52 shares during the last quarter. GoalVest Advisory LLC boosted its stake in Marvell Technology by 26.0% in the second quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock valued at $94,000 after acquiring an additional 65 shares during the last quarter. Mayflower Financial Advisors LLC grew its holdings in Marvell Technology by 1.7% during the 1st quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock worth $407,000 after acquiring an additional 68 shares during the period. Bell Investment Advisors Inc grew its holdings in Marvell Technology by 12.9% during the 1st quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock worth $62,000 after acquiring an additional 72 shares during the period. Finally, World Equity Group Inc. grew its holdings in Marvell Technology by 2.1% during the 1st quarter. World Equity Group Inc. now owns 3,919 shares of the semiconductor company’s stock worth $388,000 after acquiring an additional 80 shares during the period. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Performance

Shares of Marvell Technology stock opened at $208.56 on Tuesday. 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 firm has a market cap of $182.45 billion, a price-to-earnings ratio of 71.42, a price-to-earnings-growth ratio of 1.37 and a beta of 2.24. The stock’s 50-day moving average is $243.57 and its 200-day moving average is $162.42. Marvell Technology, Inc. has a one year low of $61.44 and a one year high of $329.88.

Marvell Technology (NASDAQ:MRVLGet Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period last year, the company earned $0.62 earnings per share. Marvell Technology’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. Equities analysts predict that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is currently 8.22%.

Key Marvell Technology News

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

  • Positive Sentiment: Marvell is benefiting from a real data-center ramp, with demand for AI-related connectivity and custom silicon supporting the long-term growth outlook. The company’s latest quarterly revenue increased 27.6% year over year, and analysts remain focused on continued AI infrastructure spending. Marvell Technology Stock’s Multiple Leans On Profit From Below The Operating Line
  • Positive Sentiment: Marvell initially rose in premarket trading as Wall Street assessed AI data-center demand ahead of the company’s upcoming earnings report, scheduled for Aug. 27. What’s Going On With Marvell Technology Stock Monday?
  • Neutral Sentiment: A bullish investment thesis argues that Marvell’s AI interconnect opportunity could expand significantly, but the thesis also highlights that its elevated trailing and forward P/E ratios leave less room for execution problems or slower growth compared with Broadcom and Nvidia. Marvell vs. Broadcom and Nvidia
  • Neutral Sentiment: Broader technology sentiment was influenced by scrutiny of Nvidia’s expanding AI investments and upcoming inflation data, which could affect interest-rate expectations and high-growth technology valuations. Nvidia Stock Slips as Its AI Investments Draw Fresh Scrutiny
  • Negative Sentiment: Investors questioned whether Marvell’s high valuation is supported by operating performance, because a substantial portion of reported profit comes from below the operating line. That concern makes the stock particularly sensitive to any doubts about earnings quality or the pace of AI growth. Profit From Below the Operating Line
  • Negative Sentiment: The latest market reaction reflected profit-taking and a broader reassessment of richly valued semiconductor stocks, with Marvell falling more than the broader market despite meeting recent earnings expectations. Why Marvell Technology Fell More Than the Broader Market

Wall Street Analysts Forecast Growth

MRVL has been the topic of a number of analyst reports. Susquehanna increased their price target on Marvell Technology from $100.00 to $230.00 and gave the company a “positive” rating in a research note on Tuesday, May 26th. Raymond James Financial set a $235.00 price objective on Marvell Technology and gave the stock a “strong-buy” rating in a research note on Thursday, May 28th. Morgan Stanley increased their target price on Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 target price on shares of Marvell Technology in a report on Thursday, May 28th. Finally, Cantor Fitzgerald boosted their target price on Marvell Technology from $220.00 to $300.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $245.45.

Read Our Latest Stock Report on MRVL

Insider Buying and Selling

In other news, CFO Willem A. Meintjes sold 4,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $175.24, for a total value of $700,960.00. Following the sale, the chief financial officer owned 226,675 shares of the company’s stock, valued at $39,722,527. The trade was a 1.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total transaction of $632,272.50. Following the transaction, the chief financial officer owned 6,902 shares of the company’s stock, valued at $1,939,531.02. The trade was a 24.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 45,981 shares of company stock valued at $10,012,942 over the last ninety days. Insiders own 0.12% of the company’s stock.

About Marvell Technology

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

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