20,000 Shares in Marvell Technology, Inc. $MRVL Bought by Triglav Investments D.O.O.

Triglav Investments D.O.O. bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,000 shares of the semiconductor company’s stock, valued at approximately $1,548,000.

Several other institutional investors and hedge funds have also bought and sold shares of MRVL. Richards Merrill & Peterson Inc. lifted its stake in shares of Marvell Technology by 4.0% in the 2nd quarter. Richards Merrill & Peterson Inc. now owns 3,606 shares of the semiconductor company’s stock worth $279,000 after purchasing an additional 139 shares during the period. Retirement Planning Group LLC NY raised 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 worth $288,000 after acquiring an additional 142 shares during the period. Harbor Capital Advisors Inc. boosted its stake in shares of Marvell Technology by 0.8% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 19,945 shares of the semiconductor company’s stock worth $1,544,000 after acquiring an additional 151 shares during the last quarter. Mayflower Financial Advisors LLC grew its position in shares of Marvell Technology by 3.4% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 4,579 shares of the semiconductor company’s stock valued at $354,000 after acquiring an additional 151 shares during the period. Finally, CHICAGO TRUST Co NA increased its stake in shares of Marvell Technology by 3.5% in the 2nd quarter. CHICAGO TRUST Co NA now owns 4,703 shares of the semiconductor company’s stock worth $364,000 after purchasing an additional 158 shares in the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology Trading Up 5.8%

MRVL stock opened at $93.71 on Friday. 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 1-year low of $47.08 and a 1-year high of $127.48. The business has a 50 day simple moving average of $78.84 and a two-hundred day simple moving average of $72.10. The company has a market capitalization of $80.79 billion, a price-to-earnings ratio of -720.85, a PEG ratio of 1.10 and a beta of 1.94.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Thursday, August 28th. The semiconductor company reported $0.67 EPS 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 firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter in the previous year, the firm earned $0.30 earnings per share. The company’s quarterly revenue 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. Research analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 30th. Shareholders 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 of this dividend was Friday, October 10th. Marvell Technology’s dividend payout ratio is -184.62%.

Marvell Technology announced that its Board of Directors has initiated a stock buyback program on Wednesday, September 24th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to purchase up to 7.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MRVL. UBS Group lifted their target price on Marvell Technology from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Bank of America reaffirmed a “neutral” rating and set a $78.00 price objective (down from $90.00) on shares of Marvell Technology in a research report on Friday, August 29th. Benchmark reissued a “buy” rating and issued a $95.00 target price on shares of Marvell Technology in a report on Friday, August 29th. Barclays restated an “equal weight” rating and set a $80.00 target price on shares of Marvell Technology in a research note on Monday, October 20th. Finally, BNP Paribas upgraded shares of Marvell Technology to a “strong-buy” rating in a research report on Friday, August 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.06.

Insider Activity at Marvell Technology

In other news, CEO Matthew J. Murphy purchased 13,600 shares of the company’s stock in a transaction that occurred on Thursday, September 25th. The stock was bought at an average cost of $77.09 per share, with a total value of $1,048,424.00. Following the completion of the purchase, the chief executive officer owned 268,637 shares in the company, valued at approximately $20,709,226.33. This represents a 5.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Sandeep Bharathi purchased 3,400 shares of the business’s stock in a transaction on Thursday, September 25th. The shares were purchased at an average price of $78.03 per share, with a total value of $265,302.00. Following the acquisition, the insider directly owned 73,392 shares in the company, valued at $5,726,777.76. This represents a 4.86% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired 27,200 shares of company stock worth $2,109,632 over the last 90 days. Company insiders own 0.19% of the company’s stock.

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.