Holderness Investments Co. Buys New Position in Marvell Technology, Inc. $MRVL

Holderness Investments Co. bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,715 shares of the semiconductor company’s stock, valued at approximately $316,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MRVL. Vanguard Group Inc. boosted its holdings in Marvell Technology by 23.5% in the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after acquiring an additional 15,166,976 shares in the last quarter. Wilson Asset Management International PTY Ltd. boosted its holdings in Marvell Technology by 20.4% in the fourth quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock worth $11,442,000 after acquiring an additional 22,837 shares in the last quarter. Varma Mutual Pension Insurance Co boosted its holdings in Marvell Technology by 25.4% in the fourth quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock worth $13,477,000 after acquiring an additional 32,130 shares in the last quarter. Equitable Trust Co. boosted its holdings in Marvell Technology by 23.3% in the third quarter. Equitable Trust Co. now owns 68,254 shares of the semiconductor company’s stock worth $5,738,000 after acquiring an additional 12,916 shares in the last quarter. Finally, Lombard Odier Asset Management USA Corp boosted its holdings in Marvell Technology by 60.5% in the third quarter. Lombard Odier Asset Management USA Corp now owns 32,032 shares of the semiconductor company’s stock worth $2,693,000 after acquiring an additional 12,076 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Performance

Shares of Marvell Technology stock opened at $205.00 on Friday. The company has a market cap of $183.95 billion, a PE ratio of 70.21, a price-to-earnings-growth ratio of 1.71 and a beta of 2.25. Marvell Technology, Inc. has a 52 week low of $58.61 and a 52 week high of $218.26. The business has a 50 day moving average price of $146.17 and a 200-day moving average price of $105.94. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. Marvell Technology had a return on equity of 14.89% and a net margin of 28.99%.The company’s quarterly revenue was up 27.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were given a dividend of $0.06 per share. 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 dividend payout ratio (DPR) is presently 8.22%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on MRVL. Morgan Stanley increased their price target on Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a report on Thursday. JPMorgan Chase & Co. increased their price target on Marvell Technology from $135.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday. B. Riley Financial reissued a “buy” rating on shares of Marvell Technology in a research note on Tuesday, May 12th. Erste Group Bank initiated coverage on Marvell Technology in a research note on Thursday, April 2nd. They issued a “buy” rating for the company. Finally, Citigroup increased their price objective on Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $212.34.

Key Marvell Technology News

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

• Positive Sentiment: Marvell posted record quarterly revenue, met EPS estimates, and raised its outlook on accelerating AI-related data center demand, reinforcing the bull case for MRVL.
• Positive Sentiment: A wave of analyst price-target increases, including multiple firms moving targets into the $225-$275 range, signals growing Wall Street confidence in Marvell’s AI growth story.
• Positive Sentiment: Coverage highlighted Marvell’s expanding opportunities in networking chips, custom silicon, interconnect, and optical solutions as AI infrastructure spending continues to rise.
• Neutral Sentiment: Some analysts say the stock’s strong rally has already priced in a lot of good news, making valuation a key question for investors after the earnings move.
• Negative Sentiment: Gross margin expansion is slowing as custom chip costs rise and competition intensifies, which could limit earnings leverage if revenue growth cools.

Insider Activity at Marvell Technology

In related news, EVP Mark Casper sold 10,000 shares of the stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $135.50, for a total transaction of $1,355,000.00. Following the completion of the sale, the executive vice president directly owned 35,878 shares of the company’s stock, valued at approximately $4,861,469. This trade represents a 21.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total value of $1,329,450.00. Following the sale, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at $131,065,512.22. The trade was a 1.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 245,060 shares of company stock valued at $29,901,072 in the last ninety days. Insiders own 0.12% of the company’s stock.

Marvell Technology 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.