Marvell Technology, Inc. $MRVL Stake Raised by World Investment Advisors

World Investment Advisors boosted its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 14.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,853 shares of the semiconductor company’s stock after acquiring an additional 6,737 shares during the quarter. World Investment Advisors’ holdings in Marvell Technology were worth $4,013,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MRVL. Game Plan Financial Advisors LLC purchased a new position in Marvell Technology in the 2nd quarter worth about $27,000. Kiker Wealth Management LLC increased its stake in Marvell Technology by 374.7% in the 2nd quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares in the last quarter. Hughes Financial Services LLC purchased a new position in Marvell Technology in the 1st quarter worth about $26,000. Financial Connections Group Inc. increased its stake in Marvell Technology by 776.0% in the 1st quarter. Financial Connections Group Inc. now owns 438 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 388 shares in the last quarter. Finally, DiNuzzo Private Wealth Inc. increased its stake in Marvell Technology by 786.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 443 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 393 shares in the last quarter. 83.51% of the stock is currently owned by institutional investors.

Marvell Technology Stock Down 1.8%

Shares of Marvell Technology stock opened at $88.57 on Friday. The firm has a market cap of $76.36 billion, a price-to-earnings ratio of -681.31, a P/E/G ratio of 1.10 and a beta of 1.94. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.88 and a quick ratio of 1.44. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $127.48. The stock has a 50-day simple moving average of $78.42 and a 200-day simple moving average of $71.68.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.01 billion. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The firm’s revenue was up 57.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 EPS. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, equities research analysts expect that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology declared that its Board of Directors has authorized a share buyback plan on Wednesday, September 24th that authorizes the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization authorizes the semiconductor company to purchase up to 7.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 30th. Stockholders of record on Friday, October 10th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, October 10th. Marvell Technology’s payout ratio is currently -184.62%.

Insider Transactions at Marvell Technology

In other news, CFO Willem A. Meintjes purchased 3,400 shares of Marvell Technology stock in a transaction dated Thursday, September 25th. The stock was acquired at an average cost of $78.03 per share, for a total transaction of $265,302.00. Following the acquisition, the chief financial officer directly owned 132,159 shares in the company, valued at $10,312,366.77. This represents a 2.64% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Chris Koopmans purchased 6,800 shares of Marvell Technology stock in a transaction dated Thursday, September 25th. The shares were purchased at an average price of $78.03 per share, with a total value of $530,604.00. Following the completion of the acquisition, the chief operating officer owned 104,825 shares in the company, valued at $8,179,494.75. The trade was a 6.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 27,200 shares of company stock valued at $2,109,632 in the last quarter. Corporate insiders own 0.19% of the company’s stock.

Wall Street Analyst Weigh In

MRVL has been the topic of a number of analyst reports. Cowen cut Marvell Technology from a “buy” rating to a “hold” rating in a research note on Tuesday, September 30th. Needham & Company LLC lifted their price target on Marvell Technology from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Thursday, September 25th. Barclays reissued an “equal weight” rating and issued a $80.00 price target on shares of Marvell Technology in a research note on Monday, October 20th. Roth Capital restated a “buy” rating on shares of Marvell Technology in a research report on Wednesday, October 15th. Finally, The Goldman Sachs Group initiated coverage on Marvell Technology in a research report on Thursday, July 10th. They set a “neutral” rating and a $75.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.06.

Marvell Technology Company 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.