3,005 Shares in Marvell Technology, Inc. $MRVL Purchased by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the first quarter, Holdings Channel reports. The firm acquired 3,005 shares of the semiconductor company’s stock, valued at approximately $298,000.

Several other institutional investors have also added to or reduced their stakes in the business. Intech Investment Management LLC increased its stake in shares of Marvell Technology by 3.9% in the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock worth $1,772,000 after purchasing an additional 1,085 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of Marvell Technology by 22.7% during the 2nd 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 in the last quarter. Flow Traders U.S. LLC bought a new position in Marvell Technology in the 2nd quarter worth approximately $354,000. Treasurer of the State of North Carolina boosted its holdings in Marvell Technology by 3.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock worth $31,256,000 after buying an additional 11,572 shares during the period. Finally, Alliancebernstein L.P. grew its stake in Marvell Technology by 1.0% in the 2nd 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 in the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell highlighted progress in its AI infrastructure business, with reports that its five AI growth engines support plans for about 40% revenue growth in fiscal 2027 and 45% in fiscal 2028. Article Title
• Positive Sentiment: Marvell also got a boost from analyst sentiment, with RBC Capital reaffirming a $360 price target as the AI-chip rebound lifted semiconductors broadly. Article Title
• Positive Sentiment: News that Marvell’s Tower PIC shipments for AI data-center optics reached 5 million units supports the view that demand for its optical and connectivity products remains strong. Article Title
• Neutral Sentiment: Shares were helped at times by a broader semiconductor rebound and improved market tone, including strength in the Nasdaq and AI-related stocks. Article Title
• Negative Sentiment: MRVL also slipped alongside other chip names ahead of SK Hynix’s U.S. trading debut, reflecting rotation and caution in the memory/AI chip space. Article Title
• Negative Sentiment: After a big advance over the past year, some investors and commentators are questioning whether Marvell’s valuation already reflects much of the AI optimism, which can weigh on the shares near term. Article Title

Insider Buying and Selling at Marvell Technology

In other news, CFO Willem A. Meintjes sold 4,000 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $175.24, for a total transaction of $700,960.00. Following the sale, the chief financial officer owned 226,675 shares in the company, valued at approximately $39,722,527. This trade represents a 1.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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 on Wednesday, July 1st. The stock was sold at an average price of $281.92, for a total transaction of $2,819,200.00. Following the sale, the chief operating officer directly owned 227,754 shares of the company’s stock, valued at $64,208,407.68. This represents a 4.21% decrease in their ownership of the stock. 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. Insiders sold a total of 160,373 shares of company stock valued at $24,938,664 over the last quarter. Company insiders own 0.12% of the company’s stock.

Marvell Technology Price Performance

Marvell Technology stock traded down $7.46 during midday trading on Friday, hitting $235.81. 15,057,468 shares of the company’s stock were exchanged, compared to its average volume of 46,041,692. The company has a market cap of $206.29 billion, a P/E ratio of 80.76, a PEG ratio of 1.59 and a beta of 2.20. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The stock has a 50-day moving average price of $236.79 and a two-hundred day moving average price of $144.93. Marvell Technology, Inc. has a 52-week low of $61.44 and a 52-week high of $329.88.

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

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be paid 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 (DPR) is currently 8.22%.

Analyst Ratings Changes

Several equities research analysts have issued reports on MRVL shares. B. Riley Financial increased their target price on Marvell Technology from $240.00 to $345.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. JPMorgan Chase & Co. lifted their price target on Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. UBS Group increased their price objective on Marvell Technology from $230.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Scotiabank initiated coverage on Marvell Technology in a report on Tuesday, May 26th. They set an “outperform” rating for the company. Finally, TD Cowen increased their price target on shares of Marvell Technology from $180.00 to $200.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $244.97.

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.