World Investment Advisors Has $5.75 Million Holdings in Marvell Technology, Inc. $MRVL

World Investment Advisors raised its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 32.9% in the 4th quarter, HoldingsChannel reports. The fund owned 67,659 shares of the semiconductor company’s stock after buying an additional 16,751 shares during the quarter. World Investment Advisors’ holdings in Marvell Technology were worth $5,750,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new position in shares of Marvell Technology in the 4th quarter valued at about $25,000. Jessup Wealth Management Inc bought a new position in shares of Marvell Technology in the 4th quarter valued at about $25,000. Cherry Tree Wealth Management LLC bought a new position in shares of Marvell Technology in the 4th quarter valued at about $26,000. MidFirst Bank bought a new position in shares of Marvell Technology in the 4th quarter valued at about $28,000. Finally, Ankerstar Wealth LLC bought a new position in shares of Marvell Technology in the 4th quarter valued at about $34,000. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Down 4.6%

Marvell Technology stock opened at $198.70 on Thursday. The company’s 50 day simple moving average is $141.54 and its 200 day simple moving average is $104.44. Marvell Technology, Inc. has a fifty-two week low of $58.61 and a fifty-two week high of $218.26. The firm has a market capitalization of $178.30 billion, a price-to-earnings ratio of 64.51, a PEG ratio of 1.73 and a beta of 2.25. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, hitting the consensus estimate of $0.80. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter last year, the firm earned $0.62 EPS. Marvell Technology’s quarterly revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, sell-side analysts anticipate that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is presently 7.79%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of Marvell Technology from $135.00 to $195.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Erste Group Bank assumed coverage on shares of Marvell Technology in a research note on Thursday, April 2nd. They issued a “buy” rating on the stock. The Goldman Sachs Group set a $180.00 target price on shares of Marvell Technology in a research note on Thursday. Melius Research set a $220.00 target price on shares of Marvell Technology in a research note on Monday, May 18th. Finally, Needham & Company LLC reduced their target price on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus target price of $171.09.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell reported Q1 revenue of $2.42 billion and EPS of $0.80, topping or matching estimates, while revenue rose about 28% year over year on strong data-center demand.
• Positive Sentiment: Management raised guidance for the next quarter and boosted multiyear revenue targets, signaling that AI-related bookings and networking momentum are accelerating. Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2027 Financial Results
• Positive Sentiment: Several Wall Street firms raised price targets after the report, including UBS to $230, Citi to $225, and Bank of America to $240, which helped extend bullish sentiment around the stock.

Insider Buying and Selling at Marvell Technology

In related news, CEO Matthew J. Murphy sold 30,000 shares of Marvell Technology stock in a transaction that occurred on Thursday, March 26th. The shares were sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the transaction, the chief executive officer owned 310,106 shares of the company’s stock, valued at $30,607,462.20. This trade represents a 8.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the transaction, the executive vice president directly owned 4,023 shares in the company, valued at $430,501.23. The trade was a 72.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 245,060 shares of company stock worth $29,901,072 over the last ninety days. 0.12% of the stock is owned by corporate insiders.

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.