Marvell Technology, Inc. $MRVL Shares Purchased by 180 Wealth Advisors LLC

180 Wealth Advisors LLC increased its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 8.4% in the second quarter, Holdings Channel reports. The firm owned 9,589 shares of the semiconductor company’s stock after acquiring an additional 741 shares during the period. 180 Wealth Advisors LLC’s holdings in Marvell Technology were worth $742,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Retirement Planning Group LLC NY grew 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 valued at $288,000 after acquiring an additional 142 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in Marvell Technology by 0.8% in the second quarter. Harbor Capital Advisors Inc. now owns 19,945 shares of the semiconductor company’s stock valued at $1,544,000 after acquiring an additional 151 shares in the last quarter. CHICAGO TRUST Co NA grew its position in Marvell Technology by 3.5% in the second quarter. CHICAGO TRUST Co NA now owns 4,703 shares of the semiconductor company’s stock valued at $364,000 after acquiring an additional 158 shares in the last quarter. Synovus Financial Corp grew its position in Marvell Technology by 3.5% in the first quarter. Synovus Financial Corp now owns 4,791 shares of the semiconductor company’s stock valued at $295,000 after acquiring an additional 161 shares in the last quarter. Finally, Mutual Advisors LLC grew its position in Marvell Technology by 1.8% in the second quarter. Mutual Advisors LLC now owns 9,405 shares of the semiconductor company’s stock valued at $698,000 after acquiring an additional 163 shares in the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Transactions at Marvell Technology

In other news, 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, for a total transaction of $265,302.00. Following the completion of the purchase, the insider directly owned 73,392 shares of the company’s stock, valued at $5,726,777.76. This trade represents a 4.86% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Willem A. Meintjes acquired 3,400 shares of Marvell Technology stock in a transaction that occurred on Thursday, September 25th. The shares were purchased at an average price of $78.03 per share, for a total transaction of $265,302.00. Following the completion of the purchase, the chief financial officer directly owned 132,159 shares of the company’s stock, valued at $10,312,366.77. The trade was a 2.64% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 27,200 shares of company stock valued at $2,109,632. Company insiders own 0.19% of the company’s stock.

Marvell Technology Stock Performance

Shares of MRVL opened at $84.13 on Friday. The business’s fifty day moving average price is $77.13 and its 200 day moving average price is $70.65. Marvell Technology, Inc. has a 12-month low of $47.08 and a 12-month high of $127.48. The stock has a market capitalization of $72.53 billion, a PE ratio of -647.15, a price-to-earnings-growth ratio of 1.01 and a beta of 1.94. 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 (NASDAQ:MRVL) last announced its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.67. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2.01 billion. During the same period last year, the business posted $0.30 earnings per share. The firm’s revenue for the quarter was up 57.6% on a year-over-year basis. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. Equities research analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current year.

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

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Investors of record on Friday, October 10th will be paid a dividend of $0.06 per share. The ex-dividend date is Friday, October 10th. This represents a $0.24 annualized dividend and a yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is -184.62%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MRVL shares. Roth Capital reaffirmed a “buy” rating on shares of Marvell Technology in a research report on Wednesday, October 15th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $75.00 price objective on shares of Marvell Technology in a research report on Friday, August 29th. TD Cowen reiterated a “hold” rating and set a $85.00 target price (down from $90.00) on shares of Marvell Technology in a research note on Wednesday, October 1st. JPMorgan Chase & Co. reduced their target price on Marvell Technology from $130.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, August 29th. Finally, UBS Group increased their target price on Marvell Technology from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $93.06.

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.