Eurizon Capital SGR S.p.A. Acquires New Position in Marvell Technology, Inc. $MRVL

Eurizon Capital SGR S.p.A. acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,254,653 shares of the semiconductor company’s stock, valued at approximately $106,869,000.

Other large investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new stake in Marvell Technology during the 4th quarter valued at about $25,000. Elyxium Wealth LLC purchased a new stake in Marvell Technology during the 4th quarter valued at about $40,000. Strive Asset Management LLC purchased a new stake in Marvell Technology during the 3rd quarter valued at about $42,000. Avalon Trust Co boosted its holdings in Marvell Technology by 70.6% in the 3rd quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock valued at $55,000 after purchasing an additional 269 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its holdings in Marvell Technology by 67.3% in the 3rd quarter. Westside Investment Management Inc. now owns 696 shares of the semiconductor company’s stock valued at $58,000 after purchasing an additional 280 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Insider Buying and Selling

In other news, EVP Mark Casper sold 10,000 shares of the firm’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $135.50, for a total value of $1,355,000.00. Following the completion of the sale, the executive vice president owned 35,878 shares in the company, valued at approximately $4,861,469. This trade represents a 21.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Sandeep Bharathi sold 66,892 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the completion of the sale, the insider owned 55,199 shares of the company’s stock, valued at $7,195,189.65. This trade represents a 54.79% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 three months, insiders have sold 245,060 shares of company stock worth $29,901,072. 0.12% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have weighed in on MRVL. Royal Bank Of Canada boosted their target price on shares of Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. TD Cowen boosted their target price on shares of Marvell Technology from $180.00 to $200.00 and gave the company a “hold” rating in a report on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Marvell Technology in a report on Friday, March 27th. Evercore reiterated an “outperform” rating and issued a $155.00 target price on shares of Marvell Technology in a report on Tuesday, May 19th. Finally, UBS Group boosted their target price on shares of Marvell Technology from $195.00 to $230.00 and gave the company a “buy” rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $212.34.

Marvell Technology Trading Up 0.1%

NASDAQ MRVL opened at $205.00 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. The firm has a market cap of $183.95 billion, a PE ratio of 70.21, a P/E/G ratio of 1.71 and a beta of 2.25. Marvell Technology, Inc. has a one year low of $58.61 and a one year high of $218.26. The firm’s fifty day moving average is $146.17 and its two-hundred day moving average is $105.94.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 14.89%. Marvell Technology’s quarterly revenue was up 27.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Analysts expect that Marvell Technology, Inc. will post 3.04 earnings per share for the current year.

Marvell Technology Dividend Announcement

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

Key Marvell Technology News

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

• Positive Sentiment: Marvell posted record quarterly revenue, met EPS estimates, and raised its outlook on accelerating AI-related data center demand, reinforcing the bull case for MRVL.
• Positive Sentiment: A wave of analyst price-target increases, including multiple firms moving targets into the $225-$275 range, signals growing Wall Street confidence in Marvell’s AI growth story.
• Positive Sentiment: Coverage highlighted Marvell’s expanding opportunities in networking chips, custom silicon, interconnect, and optical solutions as AI infrastructure spending continues to rise.
• Neutral Sentiment: Some analysts say the stock’s strong rally has already priced in a lot of good news, making valuation a key question for investors after the earnings move.
• Negative Sentiment: Gross margin expansion is slowing as custom chip costs rise and competition intensifies, which could limit earnings leverage if revenue growth cools.

Marvell Technology 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.