Camarda Financial Advisors LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,677 shares of the semiconductor company’s stock, valued at approximately $3,478,000. Marvell Technology accounts for approximately 1.1% of Camarda Financial Advisors LLC’s investment portfolio, making the stock its 28th largest holding.
Several other large investors have also modified their holdings of MRVL. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology in the 4th quarter valued at $25,000. Jessup Wealth Management Inc purchased a new position in Marvell Technology during the 4th quarter worth $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. Cherry Tree Wealth Management LLC acquired a new stake in shares of Marvell Technology in the 4th quarter worth $26,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in shares of Marvell Technology in the 2nd quarter worth $27,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.
Insider Transactions at Marvell Technology
In other news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was 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 owned 227,941 shares in the company, valued at $41,143,350.50. This trade represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total value of $667,359.03. Following the transaction, the insider directly owned 55,530 shares of the company’s stock, valued at $16,610,688.90. This trade represents a 3.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 41,981 shares of company stock worth $9,753,132. 0.12% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on MRVL
Marvell Technology Stock Performance
Shares of MRVL opened at $241.45 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 $229.10 and a 200-day simple moving average of $176.28. The company has a market capitalization of $211.22 billion, a PE ratio of 82.69, a P/E/G ratio of 1.53 and a beta of 2.24.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. During the same quarter in the previous year, the firm earned $0.67 earnings per share. The firm’s revenue was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Equities research analysts predict that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.
Marvell Technology Dividend Announcement
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%.
Marvell Technology News Roundup
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Marvell reported adjusted earnings of $0.94 per share, ahead of the approximately $0.92–$0.93 consensus, while revenue reached about $2.74 billion, slightly above estimates. Revenue increased 37% year over year, supported by strong demand for AI infrastructure. Marvell Technology Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Data-center revenue reportedly jumped 46%, highlighting accelerating demand for Marvell’s custom silicon and optical networking products used in AI data centers. The company also raised its full-year and next-year revenue outlooks, reinforcing the long-term AI growth story. Marvell Sees Accelerating Growth as AI Demand Boosts Second-Quarter Profit and Revenue
- Positive Sentiment: Third-quarter fiscal 2027 guidance calls for adjusted EPS of $1.05–$1.15, above the $1.03 consensus, and revenue of $3.0–$3.3 billion. The forecast indicates continued sequential growth in AI-related demand. Marvell Technology Forecasts Quarterly Revenue Above Estimates
- Neutral Sentiment: Investors were focused on visibility into Marvell’s recently announced multibillion-dollar custom-chip agreement with Google, including the timing of revenue contribution and the impact of related warrants. The earnings release did not appear to provide a sufficiently large near-term surprise to reset expectations.
- Negative Sentiment: The earnings beats were narrow, and management’s forecast provided limited upside relative to elevated Wall Street expectations. With MRVL priced for exceptional AI growth, traders treated the results as “good, but not good enough,” prompting a post-earnings selloff. Marvell Is Boosting Its Forecasts, but That’s Not Enough to Lift Its Stock
Marvell Technology Company Profile
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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