CVA Family Office LLC Acquires 185 Shares of Marvell Technology, Inc. $MRVL

CVA Family Office LLC raised its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 6.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,073 shares of the semiconductor company’s stock after acquiring an additional 185 shares during the period. CVA Family Office LLC’s holdings in Marvell Technology were worth $238,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Richards Merrill & Peterson Inc. grew its holdings in shares of Marvell Technology by 4.0% during the 2nd quarter. Richards Merrill & Peterson Inc. now owns 3,606 shares of the semiconductor company’s stock valued at $279,000 after purchasing an additional 139 shares during the last quarter. Retirement Planning Group LLC NY boosted its position in Marvell Technology by 4.0% in the second quarter. Retirement Planning Group LLC NY now owns 3,722 shares of the semiconductor company’s stock valued at $288,000 after buying an additional 142 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Marvell Technology by 0.8% during the second quarter. Harbor Capital Advisors Inc. now owns 19,945 shares of the semiconductor company’s stock worth $1,544,000 after buying an additional 151 shares during the last quarter. CHICAGO TRUST Co NA increased its holdings in shares of Marvell Technology by 3.5% during the second quarter. CHICAGO TRUST Co NA now owns 4,703 shares of the semiconductor company’s stock worth $364,000 after buying an additional 158 shares in the last quarter. Finally, Synovus Financial Corp lifted its stake in shares of Marvell Technology by 3.5% in the 1st quarter. Synovus Financial Corp now owns 4,791 shares of the semiconductor company’s stock valued at $295,000 after acquiring an additional 161 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Up 1.6%

Marvell Technology stock opened at $84.13 on Friday. The firm has a market cap of $72.53 billion, a price-to-earnings ratio of -647.15, a PEG ratio of 1.03 and a beta of 1.94. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $127.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 1.88. The firm has a 50 day moving average price of $77.13 and a two-hundred day moving average price of $70.79.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period in the prior year, the company posted $0.30 earnings per share. Marvell Technology’s revenue for the quarter was up 57.6% compared to the same quarter last year. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. Equities analysts predict that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology announced that its board has authorized a stock repurchase plan on Wednesday, September 24th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the semiconductor company to buy up to 7.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Marvell Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Stockholders of record on Friday, October 10th will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is -184.62%.

Insiders Place Their Bets

In other Marvell Technology news, COO Chris Koopmans bought 6,800 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The shares were bought at an average price of $78.03 per share, for a total transaction of $530,604.00. Following the transaction, the chief operating officer directly owned 104,825 shares in the company, valued at approximately $8,179,494.75. This trade represents a 6.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Sandeep Bharathi bought 3,400 shares of the firm’s stock in a transaction that occurred on Thursday, September 25th. The shares were acquired at an average cost of $78.03 per share, with a total value of $265,302.00. Following the purchase, the insider directly owned 73,392 shares of the company’s stock, valued at $5,726,777.76. This trade represents a 4.86% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased 27,200 shares of company stock valued at $2,109,632 over the last 90 days. 0.19% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

MRVL has been the topic of a number of research reports. BNP Paribas upgraded Marvell Technology to a “strong-buy” rating in a research report on Friday, August 29th. Cowen cut Marvell Technology from a “buy” rating to a “hold” rating in a report on Tuesday, September 30th. The Goldman Sachs Group began coverage on Marvell Technology in a research note on Thursday, July 10th. They issued a “neutral” rating and a $75.00 price objective for the company. Morgan Stanley cut their target price on shares of Marvell Technology from $80.00 to $76.00 and set an “equal weight” rating on the stock in a research report on Friday, August 29th. Finally, TD Cowen restated a “hold” rating and issued a $85.00 price target (down from $90.00) on shares of Marvell Technology in a research report on Wednesday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology has an average rating of “Moderate Buy” and a consensus target price of $93.06.

Marvell Technology Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.