STF Management LP Sells 7,889 Shares of Marvell Technology, Inc. $MRVL

STF Management LP cut its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 60.8% in the fourth quarter, HoldingsChannel reports. The firm owned 5,078 shares of the semiconductor company’s stock after selling 7,889 shares during the period. STF Management LP’s holdings in Marvell Technology were worth $432,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Trifecta Capital Advisors LLC raised its position in shares of Marvell Technology by 8.8% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 1,430 shares of the semiconductor company’s stock worth $120,000 after acquiring an additional 116 shares in the last quarter. Faithward Advisors LLC raised its position in shares of Marvell Technology by 2.1% during the 3rd quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock worth $525,000 after acquiring an additional 126 shares in the last quarter. South Plains Financial Inc. raised its position in shares of Marvell Technology by 1.6% during the 3rd quarter. South Plains Financial Inc. now owns 8,454 shares of the semiconductor company’s stock worth $711,000 after acquiring an additional 130 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its position in shares of Marvell Technology by 1.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 7,353 shares of the semiconductor company’s stock worth $618,000 after acquiring an additional 133 shares in the last quarter. Finally, GeoWealth Management LLC raised its position in shares of Marvell Technology by 5.1% during the 3rd quarter. GeoWealth Management LLC now owns 2,808 shares of the semiconductor company’s stock worth $236,000 after acquiring an additional 135 shares in the last quarter. 83.51% of the stock is owned by institutional investors.

Marvell Technology Trading Down 3.1%

Shares of MRVL stock opened at $176.89 on Friday. The business’s fifty day moving average price is $125.27 and its 200 day moving average price is $98.76. Marvell Technology, Inc. has a 1-year low of $58.61 and a 1-year high of $192.15. The firm has a market capitalization of $158.73 billion, a PE ratio of 57.43, a P/E/G ratio of 1.48 and a beta of 2.25. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. During the same quarter in the prior year, the company posted $0.60 earnings per share. Marvell Technology’s quarterly revenue was up 22.1% on a year-over-year basis. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, sell-side analysts forecast that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, April 10th. Marvell Technology’s dividend payout ratio is presently 7.79%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on MRVL. Bank of America boosted their price target on shares of Marvell Technology from $125.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday. Needham & Company LLC reduced their price target on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Morgan Stanley boosted their price target on shares of Marvell Technology from $95.00 to $103.00 and gave the company an “equal weight” rating in a research report on Friday, March 6th. Oppenheimer boosted their price target on shares of Marvell Technology from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. Finally, TD Cowen boosted their price target on shares of Marvell Technology from $90.00 to $190.00 and gave the company a “hold” rating in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $132.73.

Insider Activity at Marvell Technology

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $110.24, for a total transaction of $1,102,400.00. Following the transaction, the chief operating officer directly owned 133,870 shares in the company, valued at approximately $14,757,828.80. This represents a 6.95% decrease in their ownership of the stock. The sale 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, EVP Mark Casper sold 10,854 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total value of $1,161,486.54. Following the completion of the sale, the executive vice president directly owned 4,023 shares in the company, valued at $430,501.23. This trade represents a 72.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 241,060 shares of company stock valued at $29,200,112 in the last ninety days. Company insiders own 0.19% of the company’s stock.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Bank of America and Goldman Sachs raised their price targets on Marvell, reinforcing optimism around AI networking, custom silicon, and data-center demand. BofA and Goldman Sachs reset Marvell stock price targets
• Positive Sentiment: Analysts and market coverage say Marvell’s optical and interconnect businesses could be a major hidden growth engine, with management reportedly lifting interconnect growth expectations to 50% for FY27. Marvell Technology Has a Hidden Growth Engine That Could Cause MRVL Stock to Skyrocket
• Positive Sentiment: New coverage says Marvell’s AI tailwinds remain strong, with demand for custom AI chips and data-center infrastructure continuing to accelerate. Marvell’s AI Tailwinds Are Heating Up. Is It Time to Buy the Breakout?
• Positive Sentiment: Reports also note that AMD disclosed a stake in Marvell, which may be read as validation of Marvell’s strategy and long-term opportunity. Robust Earnings Growth and Innovation Will Help the Marvell Stock Uptrend Keep Going

Marvell Technology Company Profile

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.