2,759 Shares in Marvell Technology, Inc. $MRVL Acquired by West Family Investments Inc.

West Family Investments Inc. purchased a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,759 shares of the semiconductor company’s stock, valued at approximately $822,000.

Several other institutional investors have also recently bought and sold shares of the business. Laurel Wealth Advisors LLC bought a new stake in shares of Marvell Technology during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC lifted its position in Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares in the last quarter. Jessup Wealth Management Inc acquired a new position in Marvell Technology during the 4th quarter worth about $25,000. Cherry Tree Wealth Management LLC acquired a new stake in Marvell Technology in the 4th quarter valued at about $26,000. Finally, MidFirst Bank bought a new position in shares of Marvell Technology in the fourth quarter worth about $28,000. Institutional investors own 83.51% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on MRVL shares. Wells Fargo & Company raised their price target on shares of Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. William Blair reiterated an “outperform” rating on shares of Marvell Technology in a research report on Thursday, May 28th. Morgan Stanley increased their price objective on Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. DA Davidson set a $225.00 target price on Marvell Technology in a research report on Tuesday. Finally, HSBC set a $300.00 price target on Marvell Technology and gave the company a “buy” rating in a research note on Tuesday, May 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Marvell Technology presently has an average rating of “Moderate Buy” and an average target price of $250.27.

More Marvell Technology News

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

• Positive Sentiment: Marvell agreed to develop custom silicon connected to Google’s Tensor Processing Unit ecosystem, including inference accelerators, storage and networking controllers, and memory-interface products. The deal broadens Marvell’s role in Google’s AI infrastructure and could challenge Broadcom’s long-standing position as Google’s primary custom-chip partner. Marvell pops on AI chip deal
• Positive Sentiment: Google received warrants to purchase up to approximately 58.97 million Marvell shares at $206.58 each, potentially representing about 6.7% of shares outstanding and roughly $12.2 billion in value. The warrants vest in stages based on Google’s purchases, aligning Google’s future AI-chip spending with Marvell’s growth. Marvell shares jump as Google warrant deepens partnership
• Positive Sentiment: Analysts described the agreement as a major long-term catalyst. JPMorgan sees a potential $120 billion cumulative opportunity through fiscal 2033, while RBC reaffirmed an Outperform rating with a $360 price target. Stifel and William Blair also issued or maintained Buy recommendations. Marvell’s Google AI deal could unlock opportunity
• Positive Sentiment: Technical momentum also improved after MRVL reclaimed its 50-day moving average, supporting a bullish-trend thesis and forecasts for a possible move toward $300. Marvell overtakes 50-day moving average

Marvell Technology Trading Up 5.8%

Shares of NASDAQ MRVL opened at $251.01 on Friday. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88. The firm has a market capitalization of $219.58 billion, a P/E ratio of 85.96, a P/E/G ratio of 1.48 and a beta of 2.24. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. The company’s 50 day simple moving average is $234.59 and its 200 day simple moving average is $170.57.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business’s quarterly revenue was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Friday, July 10th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s payout ratio is 8.22%.

Insider Buying and Selling

In related news, CFO Daniel Durn sold 2,250 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total value of $632,272.50. Following the completion of the sale, the chief financial officer owned 6,902 shares in the company, valued at approximately $1,939,531.02. This represents a 24.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Chris Koopmans sold 10,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares in the company, valued at $41,143,350.50. The trade was a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 41,981 shares of company stock worth $9,753,132. Company insiders own 0.12% of the company’s stock.

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.