Malaga Cove Capital LLC Buys 4,613 Shares of Marvell Technology, Inc. $MRVL

Malaga Cove Capital LLC lifted its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 13.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,625 shares of the semiconductor company’s stock after acquiring an additional 4,613 shares during the period. Marvell Technology makes up about 1.1% of Malaga Cove Capital LLC’s holdings, making the stock its 22nd largest holding. Malaga Cove Capital LLC’s holdings in Marvell Technology were worth $3,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in MRVL. Intech Investment Management LLC boosted its stake in Marvell Technology by 3.9% during the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock valued at $1,772,000 after buying an additional 1,085 shares during the period. Baird Financial Group Inc. boosted its stake in Marvell Technology by 22.7% during the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock valued at $1,348,000 after buying an additional 3,221 shares during the period. Flow Traders U.S. LLC bought a new stake in Marvell Technology during the second quarter valued at $354,000. Treasurer of the State of North Carolina boosted its stake in Marvell Technology by 3.0% during the second quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock valued at $31,256,000 after buying an additional 11,572 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in Marvell Technology by 1.0% during the second quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock valued at $31,855,000 after buying an additional 4,060 shares during the period. 83.51% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total value of $1,329,450.00. Following the completion of the sale, the chief executive officer owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. The trade was a 1.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Willem A. Meintjes sold 4,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $175.24, for a total value of $700,960.00. Following the completion of the sale, the chief financial officer directly owned 226,675 shares of the company’s stock, valued at approximately $39,722,527. This trade represents a 1.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 245,060 shares of company stock worth $29,901,072 in the last 90 days. 0.19% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Melius Research set a $220.00 price objective on Marvell Technology in a research note on Monday, May 18th. B. Riley Financial reissued a “buy” rating on shares of Marvell Technology in a research note on Tuesday, May 12th. Citigroup lifted their price objective on Marvell Technology from $118.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday. Cantor Fitzgerald lifted their price objective on Marvell Technology from $120.00 to $190.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Marvell Technology in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $158.76.

Marvell Technology Trading Up 6.1%

NASDAQ MRVL opened at $208.26 on Wednesday. Marvell Technology, Inc. has a 1-year low of $58.61 and a 1-year high of $217.45. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. The stock has a 50-day moving average of $139.40 and a 200-day moving average of $103.70. The firm has a market cap of $186.88 billion, a PE ratio of 67.62, a price-to-earnings-growth ratio of 1.64 and a beta of 2.25.

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

Marvell Technology Announces Dividend

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

Marvell Technology News Roundup

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

• Positive Sentiment: HSBC upgraded Marvell to buy, saying the company is well positioned to benefit from AI networking demand and the broader AI infrastructure buildout.
• Positive Sentiment: Several analysts boosted price targets ahead of earnings, reinforcing bullish sentiment and helping push MRVL higher as investors bet on another strong quarter.
• Positive Sentiment: Preview coverage continues to highlight Marvell’s exposure to booming data center spending, with expectations for revenue growth and an earnings beat tied to AI demand.
• Neutral Sentiment: Marvell is scheduled to report earnings after the close on May 27, and options/preview coverage suggests traders are bracing for a sizable post-earnings move.
• Negative Sentiment: Despite the bullish setup, some commentary warns expectations are now very high after the stock’s sharp AI-driven rally, which could leave little room for disappointment.

About Marvell Technology

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.