Vise Technologies Inc. Purchases Shares of 22,180 Marvell Technology, Inc. $MRVL

Vise Technologies Inc. purchased a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,180 shares of the semiconductor company’s stock, valued at approximately $1,717,000.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in Marvell Technology by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 63,770,122 shares of the semiconductor company’s stock valued at $3,926,326,000 after buying an additional 1,212,338 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Marvell Technology by 32.3% in the first quarter. Goldman Sachs Group Inc. now owns 20,661,308 shares of the semiconductor company’s stock worth $1,272,117,000 after acquiring an additional 5,050,159 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Marvell Technology by 2.6% in the 1st quarter. Ameriprise Financial Inc. now owns 8,942,304 shares of the semiconductor company’s stock valued at $562,991,000 after purchasing an additional 227,555 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in shares of Marvell Technology by 6.7% during the first quarter. Pictet Asset Management Holding SA now owns 7,776,196 shares of the semiconductor company’s stock valued at $478,794,000 after buying an additional 488,610 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Marvell Technology by 4.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,702,611 shares of the semiconductor company’s stock worth $474,250,000 after purchasing an additional 362,409 shares during the period. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology Stock Performance

Shares of MRVL stock opened at $89.33 on Wednesday. The company has a current ratio of 1.88, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The company has a market cap of $77.01 billion, a PE ratio of -687.15, a P/E/G ratio of 1.10 and a beta of 1.95. The company’s fifty day simple moving average is $81.80 and its 200-day simple moving average is $74.10. Marvell Technology, Inc. has a 52 week low of $47.08 and a 52 week 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 (EPS) for the quarter, meeting the consensus estimate of $0.67. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the prior year, the firm earned $0.30 EPS. The firm’s quarterly revenue was up 57.6% compared to the same quarter last year. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. As a group, equities research analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 30th. Shareholders of record on Friday, October 10th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, October 10th. Marvell Technology’s dividend payout ratio is currently -184.62%.

Marvell Technology declared that its board has authorized a share repurchase plan on Wednesday, September 24th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the semiconductor company to purchase up to 7.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

MRVL has been the subject of a number of recent analyst reports. Morgan Stanley lowered their price objective on Marvell Technology from $80.00 to $76.00 and set an “equal weight” rating for the company in a research report on Friday, August 29th. Roth Capital restated a “buy” rating on shares of Marvell Technology in a report on Wednesday, October 15th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Marvell Technology in a research note on Wednesday, October 8th. Needham & Company LLC increased their price objective on shares of Marvell Technology from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, September 25th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Marvell Technology from $80.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus price target of $93.06.

Insider Activity

In other news, COO Chris Koopmans acquired 6,800 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were bought at an average price of $78.03 per share, for a total transaction of $530,604.00. Following the completion of the purchase, the chief operating officer directly owned 104,825 shares of the company’s stock, valued at approximately $8,179,494.75. This trade represents a 6.94% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Matthew J. Murphy bought 13,600 shares of Marvell Technology stock in a transaction dated Thursday, September 25th. The shares were purchased at an average cost of $77.09 per share, for a total transaction of $1,048,424.00. Following the completion of the transaction, the chief executive officer owned 268,637 shares of the company’s stock, valued at approximately $20,709,226.33. This represents a 5.33% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 27,200 shares of company stock worth $2,109,632 over the last three months. Insiders own 0.33% of the company’s stock.

Marvell Technology Company 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.