MJP Associates Inc. ADV Acquires Shares of 2,207 Marvell Technology, Inc. $MRVL

MJP Associates Inc. ADV acquired a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVLFree Report) in the second quarter, Holdings Channel reports. The fund acquired 2,207 shares of the semiconductor company’s stock, valued at approximately $657,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new stake in shares of Marvell Technology during the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC raised its position in Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares during the last quarter. Jessup Wealth Management Inc acquired a new stake in shares of Marvell Technology in the 4th quarter worth $25,000. Cherry Tree Wealth Management LLC purchased a new stake in shares of Marvell Technology in the fourth quarter valued at about $26,000. Finally, MidFirst Bank purchased a new stake in shares of Marvell Technology in the fourth quarter valued at about $28,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MRVL has been the subject of several analyst reports. William Blair reissued an “outperform” rating on shares of Marvell Technology in a report on Thursday, May 28th. UBS Group lifted their price objective on Marvell Technology from $300.00 to $310.00 and gave the company a “buy” rating in a report on Thursday. Royal Bank Of Canada reiterated an “outperform” rating and set a $360.00 target price on shares of Marvell Technology in a research report on Thursday. Roth Capital reissued a “buy” rating and set a $350.00 target price on shares of Marvell Technology in a research note on Thursday. Finally, KeyCorp raised their price target on Marvell Technology from $385.00 to $400.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and a consensus target price of $253.61.

Check Out Our Latest Analysis on MRVL

Marvell Technology Stock Performance

Shares of MRVL opened at $237.04 on Friday. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 52-week low of $61.44 and a 52-week high of $329.88. The company has a 50-day simple moving average of $233.73 and a 200-day simple moving average of $171.04. The company has a market capitalization of $207.36 billion, a PE ratio of 81.18, a P/E/G ratio of 1.57 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVLGet Free Report) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the previous year, the firm earned $0.62 earnings per share. The firm’s revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts predict that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s payout ratio is 8.22%.

Insider Transactions at Marvell Technology

In related news, CFO Daniel Durn sold 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total value of $632,272.50. Following the sale, the chief financial officer owned 6,902 shares in the company, valued at $1,939,531.02. This represents a 24.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at $41,143,350.50. The trade was a 4.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 41,981 shares of company stock worth $9,753,132 over the last quarter. Insiders own 0.12% of the company’s stock.

Trending Headlines about Marvell Technology

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

  • Positive Sentiment: Marvell’s expanded agreement with Alphabet’s Google covers custom silicon tied to Google’s Tensor Processing Unit ecosystem, including inference accelerators, storage and networking products, and memory controllers. Analysts view the deal as a major validation of Marvell’s AI infrastructure strategy and a potential long-term growth catalyst. Marvell Constructs an AI Moat With Alphabet Warrants
  • Positive Sentiment: The agreement could generate as much as $120 billion in cumulative Google-related chip purchases through fiscal 2033 if all milestones are reached. JPMorgan, Wedbush, Stifel, William Blair and RBC remain constructive, with RBC reaffirming an Outperform rating and a $360 price target. Marvell’s Google AI Deal Could Unlock a $120 Billion Opportunity
  • Neutral Sentiment: Investor attention is shifting to Marvell’s August 27 earnings report. The options market implies a potentially large post-earnings move, while analysts expect continued data-center momentum and possible upside to guidance. Marvell Stock Could Swing More Than 12% on Earnings
  • Negative Sentiment: The primary pressure is potential dilution. Marvell granted Google warrants for approximately 58.97 million shares—roughly 6% to 7% of shares outstanding—with most warrants vesting in tranches tied to Google purchases. Although the structure links dilution to future revenue, investors are focusing on the near-term increase in share count and uncertainty over whether the full $120 billion opportunity will materialize. Google’s Marvell Warrant Does Not Fully Vest Until Google Buys $120 Billion of Chips
  • Negative Sentiment: Valuation concerns have intensified after Marvell’s sharp rally. With a high earnings multiple, the stock needs strong execution and raised guidance to justify expectations. Competition with Broadcom and other potential Google silicon suppliers also makes the revenue outlook less certain. Marvell Stock Forecast: Valuation Concerns Persist Ahead of Earnings

About Marvell Technology

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MRVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVLFree Report).

Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

Receive News & Ratings for Marvell Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marvell Technology and related companies with MarketBeat.com's FREE daily email newsletter.