R Squared Ltd Buys New Stake in Marvell Technology, Inc. $MRVL

R Squared Ltd acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,605 shares of the semiconductor company’s stock, valued at approximately $511,000.

Other hedge funds have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. lifted its position in shares of Marvell Technology by 0.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 114,015 shares of the semiconductor company’s stock worth $7,020,000 after purchasing an additional 998 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in Marvell Technology by 5.8% in the 1st quarter. Asset Management One Co. Ltd. now owns 344,304 shares of the semiconductor company’s stock valued at $21,199,000 after buying an additional 18,770 shares during the period. Legacy Advisors LLC grew its stake in shares of Marvell Technology by 20.2% in the first quarter. Legacy Advisors LLC now owns 5,372 shares of the semiconductor company’s stock worth $331,000 after acquiring an additional 904 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Marvell Technology by 163.4% during the first quarter. International Assets Investment Management LLC now owns 9,412 shares of the semiconductor company’s stock worth $580,000 after acquiring an additional 5,839 shares during the period. Finally, Golden State Wealth Management LLC raised its stake in shares of Marvell Technology by 195.8% in the first quarter. Golden State Wealth Management LLC now owns 4,863 shares of the semiconductor company’s stock valued at $300,000 after acquiring an additional 3,219 shares in the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Analyst Ratings Changes

MRVL has been the topic of several recent research reports. Barclays restated an “equal weight” rating and set a $80.00 price target on shares of Marvell Technology in a report on Monday. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Marvell Technology from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, September 25th. UBS Group boosted their target price on shares of Marvell Technology from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. Oppenheimer raised their price target on Marvell Technology from $95.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, October 10th. Finally, Evercore ISI lowered their price objective on Marvell Technology from $133.00 to $122.00 and set an “outperform” rating for the company in a research report on Friday, August 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, Marvell Technology currently has an average rating of “Moderate Buy” and an average price target of $93.06.

Insider Activity at Marvell Technology

In other news, CFO Willem A. Meintjes purchased 3,400 shares of the stock in a transaction that occurred on Thursday, September 25th. The shares were acquired at an average price 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 approximately $10,312,366.77. The trade was a 2.64% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sandeep Bharathi acquired 3,400 shares of Marvell Technology stock in a transaction that occurred on Thursday, September 25th. The shares were purchased at an average cost of $78.03 per share, with a total value of $265,302.00. Following the completion of the acquisition, the insider owned 73,392 shares of the company’s stock, valued at $5,726,777.76. The trade was a 4.86% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 27,200 shares of company stock valued at $2,109,632 in the last 90 days. Insiders own 0.19% of the company’s stock.

Marvell Technology Trading Up 2.1%

NASDAQ:MRVL opened at $82.77 on Friday. The stock’s 50 day simple moving average is $76.97 and its 200-day simple moving average is $70.41. Marvell Technology, Inc. has a 12-month low of $47.08 and a 12-month high of $127.48. The company has a current ratio of 1.88, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The firm has a market cap of $71.36 billion, a P/E ratio of -636.69, a PEG ratio of 0.99 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. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.01 billion. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The business’s revenue was up 57.6% on a year-over-year basis. During the same quarter last year, the business earned $0.30 EPS. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. Equities analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Friday, October 10th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is -184.62%.

Marvell Technology announced that its board has approved a stock repurchase plan on Wednesday, September 24th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to purchase up to 7.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.

About Marvell Technology

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.