Ulland Investment Advisors LLC Raises Stock Position in Marvell Technology, Inc. $MRVL

Ulland Investment Advisors LLC boosted its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 150.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,000 shares of the semiconductor company’s stock after acquiring an additional 600 shares during the period. Ulland Investment Advisors LLC’s holdings in Marvell Technology were worth $77,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MRVL. Game Plan Financial Advisors LLC purchased a new position in Marvell Technology in the 2nd quarter worth approximately $27,000. Hughes Financial Services LLC purchased a new position in Marvell Technology in the 1st quarter worth approximately $26,000. Financial Connections Group Inc. grew its stake in Marvell Technology by 776.0% in the 1st quarter. Financial Connections Group Inc. now owns 438 shares of the semiconductor company’s stock worth $27,000 after buying an additional 388 shares in the last quarter. DiNuzzo Private Wealth Inc. grew its stake in Marvell Technology by 786.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 443 shares of the semiconductor company’s stock worth $34,000 after buying an additional 393 shares in the last quarter. Finally, Rossby Financial LCC purchased a new position in Marvell Technology in the 1st quarter worth approximately $27,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Trading Down 2.0%

Shares of MRVL opened at $90.68 on Friday. The stock has a market capitalization of $78.18 billion, a P/E ratio of -697.54, a PEG ratio of 1.13 and a beta of 1.94. The company has a quick ratio of 1.44, a current ratio of 1.88 and a debt-to-equity ratio of 0.30. The firm has a fifty day simple moving average of $75.16 and a two-hundred day simple moving average of $68.68. Marvell Technology, Inc. has a twelve month low of $47.08 and a twelve month high of $127.48.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, meeting the consensus estimate of $0.67. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.01 billion. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The firm’s revenue for the quarter was up 57.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.30 EPS. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, research analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology declared that its Board of Directors has approved a stock buyback program on Wednesday, September 24th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the semiconductor company to purchase up to 7.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Friday, October 10th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $0.24 annualized dividend and a yield of 0.3%. Marvell Technology’s dividend payout ratio is presently -184.62%.

Insider Buying and Selling at Marvell Technology

In other news, COO Chris Koopmans purchased 6,800 shares of the company’s stock in a transaction on Thursday, September 25th. The stock was acquired at an average price of $78.03 per share, with a total value of $530,604.00. Following the transaction, the chief operating officer directly owned 104,825 shares of the company’s stock, valued at approximately $8,179,494.75. This represents a 6.94% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Willem A. Meintjes purchased 3,400 shares of the company’s stock in a transaction on Thursday, September 25th. The shares were purchased at an average cost of $78.03 per share, with a total value of $265,302.00. Following the transaction, the chief financial officer directly owned 132,159 shares in the company, valued at $10,312,366.77. This trade represents a 2.64% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 27,200 shares of company stock worth $2,109,632 over the last ninety days. 0.19% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on MRVL shares. Morgan Stanley cut their price target on shares of Marvell Technology from $80.00 to $76.00 and set an “equal weight” rating for the company in a research note on Friday, August 29th. Jefferies Financial Group cut their price target on shares of Marvell Technology from $90.00 to $80.00 and set a “buy” rating for the company in a research note on Friday, August 29th. BNP Paribas raised shares of Marvell Technology to a “strong-buy” rating in a research note on Friday, August 29th. Oppenheimer reissued an “outperform” rating and issued a $95.00 price target on shares of Marvell Technology in a research note on Friday, August 29th. Finally, Zacks Research raised shares of Marvell Technology from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.67.

Marvell Technology Profile

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.