Arkadios Wealth Advisors Boosts Stock Position in Marvell Technology, Inc. $MRVL

Arkadios Wealth Advisors lifted its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 6.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,952 shares of the semiconductor company’s stock after buying an additional 959 shares during the quarter. Arkadios Wealth Advisors’ holdings in Marvell Technology were worth $1,312,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Taylor Frigon Capital Management LLC boosted its stake in shares of Marvell Technology by 16.5% in the 2nd quarter. Taylor Frigon Capital Management LLC now owns 33,605 shares of the semiconductor company’s stock valued at $2,601,000 after buying an additional 4,748 shares during the period. Waterfront Wealth Inc. boosted its stake in shares of Marvell Technology by 21.5% in the 2nd quarter. Waterfront Wealth Inc. now owns 18,394 shares of the semiconductor company’s stock valued at $1,424,000 after buying an additional 3,258 shares during the period. BOCHK Asset Management Ltd purchased a new position in shares of Marvell Technology in the 2nd quarter valued at about $1,486,000. Westbourne Investments Inc. boosted its stake in shares of Marvell Technology by 442.4% in the 2nd quarter. Westbourne Investments Inc. now owns 21,695 shares of the semiconductor company’s stock valued at $1,679,000 after buying an additional 17,695 shares during the period. Finally, Triton Financial Group Inc purchased a new position in shares of Marvell Technology in the 2nd quarter valued at about $1,543,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. UBS Group lifted their price objective on Marvell Technology from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Deutsche Bank Aktiengesellschaft raised their target price on Marvell Technology from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, September 25th. Wells Fargo & Company cut their target price on Marvell Technology from $95.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday, August 29th. Cantor Fitzgerald reissued a “neutral” rating and set a $75.00 target price on shares of Marvell Technology in a research report on Friday, August 29th. Finally, Roth Capital reissued a “buy” rating on shares of Marvell Technology in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $93.06.

Marvell Technology Trading Up 5.8%

MRVL opened at $93.71 on Friday. The firm has a market cap of $80.79 billion, a price-to-earnings ratio of -720.85, a price-to-earnings-growth ratio of 1.10 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 business’s 50 day moving average is $78.84 and its two-hundred day moving average is $72.10. The company has a quick ratio of 1.44, a current ratio of 1.88 and a debt-to-equity ratio of 0.30.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. The company had revenue of $2.01 billion for 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, research analysts predict that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Dividend Announcement

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

Marvell Technology declared that its board has initiated 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 reacquire up to 7.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Insider Transactions at Marvell Technology

In related news, CEO Matthew J. Murphy bought 13,600 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were acquired at an average price of $77.09 per share, with a total value of $1,048,424.00. Following the completion of the acquisition, the chief executive officer owned 268,637 shares in the company, valued at approximately $20,709,226.33. This trade represents a 5.33% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Willem A. Meintjes bought 3,400 shares of the company’s stock in a transaction dated Thursday, September 25th. The stock was bought at an average cost of $78.03 per share, for a total transaction of $265,302.00. Following the acquisition, the chief financial officer owned 132,159 shares of the company’s stock, valued at approximately $10,312,366.77. This trade represents a 2.64% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 27,200 shares of company stock worth $2,109,632. 0.19% of the stock is currently owned by corporate insiders.

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.