Winch Advisory Services LLC lessened its stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 10.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,561 shares of the semiconductor company’s stock after selling 3,740 shares during the quarter. Marvell Technology makes up approximately 0.8% of Winch Advisory Services LLC’s holdings, making the stock its 27th biggest holding. Winch Advisory Services LLC’s holdings in Marvell Technology were worth $3,324,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Hilton Head Capital Partners LLC increased its holdings in Marvell Technology by 978.3% in the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 225 shares during the last quarter. Jessup Wealth Management Inc bought a new position in Marvell Technology during the 4th quarter worth approximately $25,000. Laurel Wealth Advisors LLC acquired a new position in shares of Marvell Technology in the 4th quarter worth approximately $25,000. Cherry Tree Wealth Management LLC acquired a new position in shares of Marvell Technology in the 4th quarter worth approximately $26,000. Finally, MidFirst Bank bought a new stake in shares of Marvell Technology in the 4th quarter valued at approximately $28,000. Institutional investors own 83.51% of the company’s stock.
Insider Transactions at Marvell Technology
In other news, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the transaction, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. This trade represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $281.92, for a total transaction of $2,819,200.00. Following the sale, the chief operating officer owned 227,754 shares in the company, valued at approximately $64,208,407.68. This represents a 4.21% 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 160,373 shares of company stock worth $24,938,664 over the last quarter. Insiders own 0.12% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Analysis on MRVL
More Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: MRVL is benefiting from a broad semiconductor rally, with traders buying back AI-related stocks after recent weakness and geopolitical fears eased. Broadcom, Intel, Corning, Marvell, and More Stocks That Explain Today’s Market
- Positive Sentiment: RBC Capital reaffirmed a $360 price target, reinforcing a bullish view that Marvell can keep benefiting from AI data center spending. Why Is Marvell Technology Stock Gaining Thursday?
- Positive Sentiment: Analysts continue to highlight Marvell as a key AI infrastructure supplier, citing custom chips, networking, optics, and strong partnerships as reasons the growth story remains intact. Zacks Investment Ideas feature highlights: Marvell Technology, Amazon, Alphabet and NVIDIA
- Positive Sentiment: Commentary around Marvell’s long-term upside has improved, with some market coverage calling it a potential major AI winner and emphasizing its role as the “nervous system” of AI data centers. Marvell: The Next Trillion Dollar AI Stock
- Positive Sentiment: Tower Semiconductor reported progress in photonics shipments to customers of Marvell, underscoring healthy demand in the optical connectivity ecosystem that supports Marvell’s AI data center business. Tower Semiconductor (TSEM) Advances AI Data Center Connectivity With Photonics Milestone
Marvell Technology Stock Up 5.0%
MRVL stock opened at $243.27 on Friday. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88. The firm’s 50-day simple moving average is $235.20 and its 200 day simple moving average is $144.29. The stock has a market cap of $212.81 billion, a PE ratio of 83.31, a price-to-earnings-growth ratio of 1.52 and a beta of 2.20.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period in the previous year, the business posted $0.62 EPS. Marvell Technology’s revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, sell-side analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current year.
Marvell Technology Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Friday, July 10th. Marvell Technology’s dividend payout ratio is 8.22%.
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.
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