Uhlmann Price Securities LLC Takes Position in Marvell Technology, Inc. $MRVL

Uhlmann Price Securities LLC acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,050 shares of the semiconductor company’s stock, valued at approximately $203,000.

A number of other institutional investors also recently modified their holdings of the stock. Jessup Wealth Management Inc bought a new position in Marvell Technology in the 4th quarter worth approximately $25,000. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology during the 4th quarter worth $25,000. Cherry Tree Wealth Management LLC bought a new position in Marvell Technology in the 4th quarter valued at $26,000. MidFirst Bank bought a new position in Marvell Technology in the 4th quarter valued at $28,000. Finally, Ankerstar Wealth LLC bought a new position in Marvell Technology in the 4th quarter valued at $34,000. 83.51% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Sandeep Bharathi sold 66,892 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $130.35, for a total value of $8,719,372.20. Following the sale, the insider directly owned 55,199 shares of the company’s stock, valued at approximately $7,195,189.65. This represents a 54.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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. Also, CEO Matthew J. Murphy sold 30,000 shares of the company’s stock in a transaction dated Thursday, March 26th. The shares were sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the completion of the sale, the chief executive officer directly owned 310,106 shares in the company, valued at approximately $30,607,462.20. The trade was a 8.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 257,291 shares of company stock valued at $32,627,131. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MRVL shares. Rosenblatt Securities restated a “buy” rating and set a $240.00 target price on shares of Marvell Technology in a research report on Friday, June 12th. Bank of America raised their price target on Marvell Technology from $200.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 price objective on shares of Marvell Technology in a research report on Thursday, May 28th. Melius Research set a $220.00 price objective on Marvell Technology in a report on Monday, May 18th. Finally, William Blair restated an “outperform” rating on shares of Marvell Technology in a research report on Thursday, May 28th. Two 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 stock. Based on data from MarketBeat, Marvell Technology has an average rating of “Moderate Buy” and an average price target of $228.71.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell is set to join the S&P 500 on June 22, which can drive demand from index funds and ETFs that track the benchmark.
• Positive Sentiment: Investor sentiment remains strong after Nvidia CEO Jensen Huang praised Marvell, reinforcing its role in AI infrastructure and custom chip design.
• Positive Sentiment: Recent analyst upgrades and sharply higher price targets suggest Wall Street sees more upside from Marvell’s AI networking and optical interconnect growth.
• Positive Sentiment: Marvell’s recent earnings and guidance continue to show solid demand, with revenue growth tied to data-center and custom-chip momentum.
• Neutral Sentiment: Several commentary pieces note that MRVL has run up quickly and may be trading at a demanding valuation, which could limit near-term upside even if the AI story stays intact.
• Neutral Sentiment: Technical notes suggest the stock remains in a strong uptrend near highs, but it may pause for consolidation after a steep move.
• Negative Sentiment: Marvell’s CFO filed to sell about $65 million of stock, and while insider sales can pressure sentiment, this looks like a large disclosure investors may view cautiously. Article: Marvell’s CFO Just Filed to Dump $65 Million of Stock
• Negative Sentiment: A separate insider sale by Sandeep Bharathi was also disclosed, though it was tied to a pre-arranged 10b5-1 plan and tax withholding, making it less concerning on its own.

Marvell Technology Stock Performance

Shares of MRVL opened at $310.58 on Monday. The firm has a market cap of $271.70 billion, a P/E ratio of 106.36, a PEG ratio of 2.03 and a beta of 2.29. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The firm’s 50 day moving average price is $201.51 and its two-hundred day moving average price is $127.06.

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

Marvell Technology Company 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.