M.D. Sass LLC Sells 6,158 Shares of Marvell Technology, Inc. $MRVL

M.D. Sass LLC lessened its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 7.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 75,881 shares of the semiconductor company’s stock after selling 6,158 shares during the period. Marvell Technology accounts for approximately 0.5% of M.D. Sass LLC’s holdings, making the stock its 26th largest position. M.D. Sass LLC’s holdings in Marvell Technology were worth $6,448,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in MRVL. Laurel Wealth Advisors LLC bought a new position in Marvell Technology in the 4th quarter valued at approximately $25,000. Cherry Tree Wealth Management LLC bought a new position in Marvell Technology during the 4th quarter worth approximately $26,000. Elyxium Wealth LLC bought a new position in Marvell Technology during the 4th quarter worth approximately $40,000. Strive Asset Management LLC bought a new position in Marvell Technology during the 3rd quarter worth approximately $42,000. Finally, Avalon Trust Co raised its holdings in Marvell Technology by 70.6% during the 3rd quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 269 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Wall Street Analysts Forecast Growth

MRVL has been the subject of several analyst reports. Barclays raised their price target on shares of Marvell Technology from $150.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Benchmark raised their price target on shares of Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. The Goldman Sachs Group set a $180.00 price target on shares of Marvell Technology in a report on Thursday, May 28th. Citigroup raised their price target on shares of Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, Cantor Fitzgerald raised their price target on shares of Marvell Technology from $190.00 to $220.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $215.19.

Key Marvell Technology News

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

• Positive Sentiment: Nvidia CEO Jensen Huang called Marvell “the next trillion-dollar company,” a strong public endorsement that sent shares surging and reinforced optimism around Marvell’s role in AI networking, custom silicon, and data-center connectivity. Reuters article on Marvell surge after Huang comment
• Positive Sentiment: Marvell also introduced its Teralynx T100, a 102.4 Tbps switch designed for AI and cloud data centers, which supports the investment case that the company is directly benefiting from rising AI infrastructure demand. Marvell announces Teralynx T100 switch
• Positive Sentiment: Coverage across multiple outlets highlighted strong analyst and investor enthusiasm for Marvell’s AI growth story, including comparisons showing it as one of the more favored AI chip names alongside Broadcom. TipRanks coverage on AVGO vs MRVL
• Neutral Sentiment: One item noted that Marvell COO Chris Koopmans sold 10,000 shares under a pre-arranged 10b5-1 plan; the sale may look negative, but it appears routine rather than a new bearish signal. Insider trade disclosure for Marvell COO
• Neutral Sentiment: Some commentary warns the stock has already had an enormous run and now trades at a rich valuation, which could limit upside if AI expectations cool. Seeking Alpha valuation caution on Marvell

Marvell Technology Stock Performance

NASDAQ:MRVL opened at $290.79 on Wednesday. The company has a fifty day moving average of $148.77 and a 200-day moving average of $106.95. The firm has a market capitalization of $254.38 billion, a P/E ratio of 99.59, a P/E/G ratio of 1.58 and a beta of 2.29. 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 twelve month low of $61.15 and a twelve month high of $291.30.

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, meeting the consensus estimate of $0.80. The company had revenue of $2.42 billion during 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 13.83%. Marvell Technology’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.62 EPS. 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 3.05 EPS for the current year.

Marvell Technology Dividend Announcement

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

Insider Buying and Selling

In other news, CFO Willem A. Meintjes sold 4,000 shares of Marvell Technology stock in a transaction on Friday, May 15th. The shares were sold at an average price of $175.24, for a total value of $700,960.00. Following the completion of the sale, the chief financial officer owned 226,675 shares in the company, valued at $39,722,527. The trade was a 1.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the completion of the sale, the chief executive officer owned 739,397 shares of the company’s stock, valued at $131,065,512.22. This represents a 1.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 255,060 shares of company stock worth $31,959,772 over the last ninety days. 0.12% of the stock is owned by company insiders.

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.