Gratus Wealth Advisors LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the third quarter, HoldingsChannel reports. The firm bought 15,374 shares of the semiconductor company’s stock, valued at approximately $1,292,000.
Other large investors have also modified their holdings of the company. Game Plan Financial Advisors LLC purchased a new stake in Marvell Technology in the 2nd quarter valued at approximately $27,000. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of Marvell Technology by 160.0% during the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Kiker Wealth Management LLC grew its holdings in shares of Marvell Technology by 374.7% during the second quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock worth $28,000 after buying an additional 281 shares in the last quarter. Nova Wealth Management Inc. raised its position in shares of Marvell Technology by 3,922.2% in the third quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 353 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its stake in shares of Marvell Technology by 62.5% during the second quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 160 shares during the period. 83.51% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on MRVL. TD Cowen boosted their price target on Marvell Technology from $90.00 to $100.00 and gave the company a “hold” rating in a report on Wednesday, December 3rd. Wells Fargo & Company upped their target price on Marvell Technology from $90.00 to $135.00 and gave the company an “overweight” rating in a research note on Wednesday, December 3rd. Roth Capital raised their price target on Marvell Technology from $105.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Needham & Company LLC upped their price objective on shares of Marvell Technology from $95.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Finally, Summit Insights raised shares of Marvell Technology from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $115.70.
Marvell Technology News Summary
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: RBC Capital initiated coverage with an “Outperform” rating, which can attract buyers and supports upside expectations from institutional investors. RBC Initiates Coverage
- Positive Sentiment: The Motley Fool highlights Marvell as an underrated AI chipmaker with long-term upside tied to data-center AI infrastructure and strategic M&A, reinforcing a growth narrative that could support multiple expansion over time. 1 AI Stock With the Potential to Deliver Outsize Returns Over the Next 10 Years
- Positive Sentiment: Brokerage consensus remains favorable (reported “Moderate Buy”), a tailwind for investor confidence if upgrades continue. Consensus Rating
- Neutral Sentiment: Options-market piece on a long-call butterfly spread indicates some traders expect limited near-term movement — useful for income/defined-risk strategies but not a directional endorsement. Analyzing a Butterfly Spread on Marvell Technology
- Neutral Sentiment: Coverage roundup pieces (e.g., Yahoo Finance) summarize Wall Street views and show mixed analyst opinions — helpful for context but not a single catalyst. Here’s What the Wall Street Thinks About Marvell Technology (MRVL)
- Negative Sentiment: Zacks cut its recommendation from “Strong Buy” to “Hold,” a near-term negative that can pressure sentiment and prompt selling by recommendation-sensitive investors. Zacks Downgrade
- Negative Sentiment: Recent market-note headlines from Zacks and others highlighting consecutive daily dips amplify momentum-driven selling and headline-driven volatility. Marvell Stock Dips While Market Gains
Marvell Technology Stock Down 1.0%
MRVL opened at $80.38 on Friday. Marvell Technology, Inc. has a 1 year low of $47.08 and a 1 year high of $127.48. The firm has a 50 day moving average price of $86.69 and a 200 day moving average price of $80.79. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.01. The company has a market cap of $68.17 billion, a PE ratio of 28.20, a price-to-earnings-growth ratio of 0.79 and a beta of 1.95.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its quarterly earnings data on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.02. The company had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.06 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The business’s quarterly revenue was up 36.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Sell-side analysts expect that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.
Marvell Technology Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, January 29th. Stockholders of record on Friday, January 9th will be paid a $0.06 dividend. The ex-dividend date is Friday, January 9th. 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 8.42%.
Marvell Technology declared that its board has approved a share repurchase program on Wednesday, September 24th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 7.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s management believes its stock is undervalued.
Insider Activity at Marvell Technology
In related news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $93.08, for a total transaction of $465,400.00. Following the transaction, the executive vice president directly owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. The trade was a 20.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.19% of the company’s stock.
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.
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