CVA Family Office LLC Purchases 185 Shares of Marvell Technology, Inc. $MRVL

CVA Family Office LLC lifted its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 6.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,073 shares of the semiconductor company’s stock after purchasing an additional 185 shares during the period. CVA Family Office LLC’s holdings in Marvell Technology were worth $238,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Taylor Frigon Capital Management LLC increased its position in Marvell Technology by 16.5% during the second quarter. Taylor Frigon Capital Management LLC now owns 33,605 shares of the semiconductor company’s stock worth $2,601,000 after buying an additional 4,748 shares during the last quarter. BOCHK Asset Management Ltd bought a new position in shares of Marvell Technology during the 2nd quarter worth approximately $1,486,000. Westbourne Investments Inc. increased its holdings in shares of Marvell Technology by 442.4% during the 2nd quarter. Westbourne Investments Inc. now owns 21,695 shares of the semiconductor company’s stock worth $1,679,000 after acquiring an additional 17,695 shares during the last quarter. Triton Financial Group Inc acquired a new position in shares of Marvell Technology during the 2nd quarter worth approximately $1,543,000. Finally, Family Legacy Financial Solutions LLC bought a new stake in Marvell Technology in the 2nd quarter valued at $1,618,000. 83.51% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CFO Willem A. Meintjes bought 3,400 shares of the firm’s stock in a transaction 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 acquisition, the chief financial officer directly owned 132,159 shares in the company, valued at $10,312,366.77. This represents a 2.64% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Sandeep Bharathi bought 3,400 shares of the company’s stock in a transaction dated Thursday, September 25th. The stock was purchased at an average price of $78.03 per share, with a total value of $265,302.00. Following the completion of the transaction, the insider directly owned 73,392 shares in the company, valued at approximately $5,726,777.76. This represents a 4.86% increase in their position. The disclosure for this purchase can be found here. Insiders acquired 27,200 shares of company stock worth $2,109,632 in the last ninety days. 0.19% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on MRVL. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $75.00 price objective on shares of Marvell Technology in a research report on Friday, August 29th. Summit Redstone set a $105.00 target price on shares of Marvell Technology in a report on Wednesday, October 15th. JPMorgan Chase & Co. lowered their price target on shares of Marvell Technology from $130.00 to $120.00 and set an “overweight” rating on the stock in a report on Friday, August 29th. Deutsche Bank Aktiengesellschaft boosted their price objective on Marvell Technology from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, September 25th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Marvell Technology in a research note on Saturday. 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 company’s stock. According to data from MarketBeat.com, Marvell Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.06.

Marvell Technology Stock Up 1.6%

Shares of MRVL opened at $84.13 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. Marvell Technology, Inc. has a 12 month low of $47.08 and a 12 month high of $127.48. The firm’s 50 day moving average is $77.13 and its 200-day moving average is $70.79. The stock has a market capitalization of $72.53 billion, a PE ratio of -647.15, a P/E/G ratio of 1.03 and a beta of 1.94.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, meeting 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 business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period in the previous year, the company posted $0.30 earnings per share. The firm’s revenue for the quarter was up 57.6% compared to the same quarter last year. 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 declared that its Board of Directors has initiated a share repurchase plan on Wednesday, September 24th that permits the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to repurchase up to 7.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Marvell Technology Dividend Announcement

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

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.