Marvell Technology, Inc. $MRVL Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. lessened its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 10.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 47,507 shares of the semiconductor company’s stock after selling 5,297 shares during the period. Hantz Financial Services Inc.’s holdings in Marvell Technology were worth $4,037,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Marvell Technology by 23.5% during the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after purchasing an additional 15,166,976 shares during the period. Wilson Asset Management International PTY Ltd. lifted its holdings in shares of Marvell Technology by 20.4% during the fourth quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock worth $11,442,000 after purchasing an additional 22,837 shares during the period. Varma Mutual Pension Insurance Co lifted its holdings in shares of Marvell Technology by 25.4% during the fourth quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock worth $13,477,000 after purchasing an additional 32,130 shares during the period. Equitable Trust Co. lifted its holdings in shares of Marvell Technology by 23.3% during the third quarter. Equitable Trust Co. now owns 68,254 shares of the semiconductor company’s stock worth $5,738,000 after purchasing an additional 12,916 shares during the period. Finally, Lombard Odier Asset Management USA Corp lifted its holdings in shares of Marvell Technology by 60.5% during the third quarter. Lombard Odier Asset Management USA Corp now owns 32,032 shares of the semiconductor company’s stock worth $2,693,000 after purchasing an additional 12,076 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Stock Performance

Shares of NASDAQ:MRVL opened at $196.33 on Tuesday. Marvell Technology, Inc. has a 12-month low of $58.61 and a 12-month high of $198.40. The company has a market capitalization of $176.17 billion, a PE ratio of 63.74, a PEG ratio of 1.64 and a beta of 2.25. The business has a 50 day moving average of $136.99 and a two-hundred day moving average of $102.89. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28.

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

Marvell Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were given a $0.06 dividend. The ex-dividend date was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s payout ratio is 7.79%.

Insiders Place Their Bets

In other news, EVP Mark Casper sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the completion of the sale, the executive vice president directly owned 35,878 shares in the company, valued at $4,861,469. The trade was a 21.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Sandeep Bharathi sold 66,892 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $130.35, for a total value of $8,719,372.20. Following the completion of the sale, the insider owned 55,199 shares of the company’s stock, valued at $7,195,189.65. This trade represents a 54.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 245,060 shares of company stock valued at $29,901,072. 0.19% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. lifted their target price on Marvell Technology from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Oppenheimer lifted their target price on Marvell Technology from $170.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 20th. UBS Group lifted their target price on Marvell Technology from $120.00 to $195.00 and gave the stock a “buy” rating in a report on Monday, May 4th. TD Cowen lifted their target price on Marvell Technology from $90.00 to $190.00 and gave the stock a “hold” rating in a report on Friday, May 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Marvell Technology in a report on Friday, March 27th. Two research 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 company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $143.76.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Citi raised its price target on Marvell to $215 from $118 and kept a Buy rating ahead of earnings, signaling confidence in solid results and ongoing AI-related demand. Citi Lifts Price Target on Marvell Technology, Inc. (MRVL)
• Positive Sentiment: Oppenheimer also lifted its price target on Marvell to $200 from $170 and reiterated Outperform, adding to the bullish pre-earnings setup. Oppenheimer Raises its Price Target on Marvell (MRVL)
• Positive Sentiment: Investor enthusiasm is being fueled by expectations that Marvell will benefit from fast-growing demand for inference-focused AI chips, with the “next Nvidia” trade putting added spotlight on the stock. The ‘Next Nvidia’ Trade? Why Investors Are Suddenly Watching Advanced Micro Devices, Arm Holdings, and Marvell Technology
• Neutral Sentiment: Multiple previews say Marvell’s upcoming earnings could be a major catalyst, with options pricing implying a sizable post-report move and the stock seen as capable of reaching new highs if guidance is strong. Here’s How Much Marvell Stock Is Expected to Move After Earnings
• Neutral Sentiment: Marvell is set to report earnings Wednesday afternoon, and investors are waiting to see whether results confirm the recent AI-driven optimism. Marvell Technology (MRVL) To Report Earnings Tomorrow: Here Is What To Expect
• Negative Sentiment: One report warns that Marvell is becoming highly overbought and overvalued heading into earnings, suggesting some traders may be cautious despite the bullish narrative. Marvell Technology Stock Gets Highly Overbought, Overvalued Ahead Of Earnings

About Marvell Technology

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.