DJE Kapital AG Decreases Position in Marvell Technology, Inc. $MRVL

DJE Kapital AG cut its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 64.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 42,415 shares of the semiconductor company’s stock after selling 77,907 shares during the quarter. DJE Kapital AG’s holdings in Marvell Technology were worth $3,604,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of MRVL. Intech Investment Management LLC raised its holdings in Marvell Technology by 3.9% in the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock worth $1,772,000 after buying an additional 1,085 shares during the last quarter. Baird Financial Group Inc. raised its holdings in Marvell Technology by 22.7% in the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock worth $1,348,000 after buying an additional 3,221 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in Marvell Technology in the second quarter worth about $354,000. Treasurer of the State of North Carolina raised its holdings in Marvell Technology by 3.0% in the second quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock worth $31,256,000 after buying an additional 11,572 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in Marvell Technology by 1.0% in the second quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock worth $31,855,000 after buying an additional 4,060 shares during the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell will join the S&P 500 on June 22, likely creating mandatory index-fund buying and boosting demand for the stock. Reuters: Marvell appoints Adobe’s Dan Durn as finance chief
• Positive Sentiment: The company named Adobe executive Dan Durn as its new CFO, a move that investors may view as strengthening financial leadership during a period of rapid growth. Business Wire: Marvell Announces CFO Transition
• Positive Sentiment: Analysts remain upbeat on Marvell’s AI infrastructure exposure, with some research notes lifting earnings estimates and calling MRVL a strong AI growth play. Zacks: Beyond Micron: 2 AI Stocks That Could Deliver Explosive Returns
• Positive Sentiment: Nvidia CEO Jensen Huang reportedly called Marvell the next trillion-dollar AI stock, adding to bullish AI-sector momentum around the shares. Motley Fool: Jensen Huang Just Delivered Fantastic News to Marvell Stock Investors
• Neutral Sentiment: Some articles highlighted recent volatility and questioned whether the S&P 500 inclusion could become a “sell-the-news” event, which may temper enthusiasm after the run-up. 247WallSt: Marvell Just Ripped 57% in a Month
• Negative Sentiment: One recent report noted Marvell shares pulled back sharply in the prior session despite strong earnings, showing that profit-taking and broader tech weakness can still pressure the stock. Motley Fool: Why Marvell Technology Stock Sank Today

Marvell Technology Stock Performance

Shares of MRVL stock opened at $280.71 on Friday. The company has a 50 day moving average price of $179.03 and a 200-day moving average price of $118.22. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $245.57 billion, a PE ratio of 96.13, a P/E/G ratio of 1.64 and a beta of 2.29. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $324.20.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) 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%. The firm’s quarterly revenue was up 27.6% compared to the same quarter last year. 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. As a group, equities research analysts expect that Marvell Technology, Inc. will post 3.1 earnings per share for the current year.

Marvell Technology Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MRVL. JPMorgan Chase & Co. lifted their target price on shares of Marvell Technology from $135.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Oppenheimer lifted their price target on shares of Marvell Technology from $200.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. Barclays lifted their price target on shares of Marvell Technology from $150.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Marvell Technology in a research note on Friday, March 27th. Finally, Needham & Company LLC lifted their price target on shares of Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus target price of $218.58.

Insider Activity at Marvell Technology

In related news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction that occurred 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 directly owned 739,397 shares in the company, valued at approximately $131,065,512.22. The trade was a 1.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 66,892 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following 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 ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders sold a total of 255,060 shares of company stock valued at $31,959,772 in the last three months. Corporate insiders own 0.12% of the company’s 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.