Donoghue Forlines LLC Purchases New Stake in Marvell Technology, Inc. $MRVL

Donoghue Forlines LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,786 shares of the semiconductor company’s stock, valued at approximately $2,106,000.

Several other hedge funds also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new stake in shares of Marvell Technology during the 4th quarter worth about $25,000. Strive Asset Management LLC purchased a new stake in shares of Marvell Technology during the 3rd quarter worth about $42,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Marvell Technology by 98.0% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 244 shares in the last quarter. Avalon Trust Co raised its stake in shares of Marvell Technology by 70.6% during the 3rd quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 269 shares in the last quarter. Finally, Westside Investment Management Inc. raised its stake in shares of Marvell Technology by 67.3% during the 3rd quarter. Westside Investment Management Inc. now owns 696 shares of the semiconductor company’s stock worth $58,000 after purchasing an additional 280 shares in the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on MRVL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Marvell Technology in a research note on Friday, March 27th. UBS Group raised their price target on Marvell Technology from $120.00 to $195.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Barclays raised Marvell Technology from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $105.00 to $150.00 in a research note on Thursday, April 9th. Benchmark reaffirmed a “buy” rating and set a $130.00 price target on shares of Marvell Technology in a research note on Tuesday, March 31st. Finally, TD Cowen raised their price target on Marvell Technology from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $129.70.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Bank of America raised its price target on Marvell to $200 and reiterated a buy rating, citing strong AI networking and optics demand, which reinforced the stock’s breakout momentum. What Is Going On With Marvell Tech Stock On Thursday?
• Positive Sentiment: Analysts across Wall Street have been lifting targets ahead of Marvell’s May 27 earnings report, signaling confidence that AI-driven revenue growth can continue. Marvell Stock (MRVL) Gets Price Target Hikes from Top Analysts Ahead of Q1 Earnings
• Positive Sentiment: Investor enthusiasm is also being boosted by reports of a custom AI chip partnership with Google and a strategic equity investment from AMD, both of which strengthen Marvell’s AI credentials. Marvell stock hits 52-week high as bullish catalysts keep stacking up
• Neutral Sentiment: CEO Matthew J. Murphy sold 7,500 shares under a pre-arranged 10b5-1 trading plan, a disclosure that may draw attention but is not necessarily a negative signal by itself.

Marvell Technology Stock Performance

Shares of NASDAQ MRVL opened at $182.58 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. The firm has a market cap of $159.66 billion, a price-to-earnings ratio of 59.28, a P/E/G ratio of 1.61 and a beta of 2.25. The business’s 50-day simple moving average is $123.30 and its 200-day simple moving average is $98.21. Marvell Technology, Inc. has a 52 week low of $58.61 and a 52 week high of $192.15.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, equities research analysts expect that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is 7.79%.

Insider Transactions at Marvell Technology

In other Marvell Technology news, insider Sandeep Bharathi sold 66,892 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the sale, the insider owned 55,199 shares of the company’s stock, valued at $7,195,189.65. This trade represents a 54.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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, EVP Mark Casper sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $135.50, for a total value of $1,355,000.00. Following the completion of the sale, the executive vice president directly owned 35,878 shares in the company, valued at $4,861,469. This trade represents a 21.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 241,060 shares of company stock worth $29,200,112. Insiders own 0.19% of the company’s stock.

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.