Vanguard Personalized Indexing Management LLC Purchases 4,117 Shares of Marvell Technology, Inc. $MRVL

Vanguard Personalized Indexing Management LLC increased its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 5.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,445 shares of the semiconductor company’s stock after buying an additional 4,117 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Marvell Technology were worth $6,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Nuveen LLC bought a new stake in Marvell Technology in the first quarter valued at approximately $399,587,000. Goldman Sachs Group Inc. lifted its position in Marvell Technology by 32.3% in the first quarter. Goldman Sachs Group Inc. now owns 20,661,308 shares of the semiconductor company’s stock valued at $1,272,117,000 after purchasing an additional 5,050,159 shares during the last quarter. Impax Asset Management Group plc lifted its position in Marvell Technology by 748.3% in the first quarter. Impax Asset Management Group plc now owns 3,700,841 shares of the semiconductor company’s stock valued at $227,033,000 after purchasing an additional 3,264,557 shares during the last quarter. AQR Capital Management LLC lifted its position in Marvell Technology by 662.9% in the first quarter. AQR Capital Management LLC now owns 3,119,855 shares of the semiconductor company’s stock valued at $187,566,000 after purchasing an additional 2,710,894 shares during the last quarter. Finally, DnB Asset Management AS lifted its position in Marvell Technology by 1,167.6% in the first quarter. DnB Asset Management AS now owns 2,015,860 shares of the semiconductor company’s stock valued at $124,116,000 after purchasing an additional 1,856,833 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Up 4.4%

NASDAQ MRVL opened at $89.39 on Tuesday. The stock’s 50-day moving average price is $75.64 and its 200-day moving average price is $69.01. The company has a quick ratio of 1.44, a current ratio of 1.88 and a debt-to-equity ratio of 0.30. Marvell Technology, Inc. has a 52 week low of $47.08 and a 52 week high of $127.48. The company has a market capitalization of $77.06 billion, a P/E ratio of -687.62, a price-to-earnings-growth ratio of 1.05 and a beta of 1.94.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the company earned $0.30 earnings per share. The business’s revenue for the quarter was up 57.6% compared to the same quarter last year. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, equities research analysts predict that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Marvell Technology announced that its board has initiated a stock repurchase program on Wednesday, September 24th that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the semiconductor company to reacquire up to 7.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Stockholders of record on Friday, October 10th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, October 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is -184.62%.

Insider Transactions at Marvell Technology

In related news, CFO Willem A. Meintjes acquired 3,400 shares of the firm’s stock in a transaction dated Thursday, September 25th. The shares were purchased at an average price of $78.03 per share, with a total value of $265,302.00. Following the completion of the purchase, the chief financial officer directly owned 132,159 shares of the company’s stock, valued at $10,312,366.77. This represents a 2.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark Casper sold 3,000 shares of the stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $72.35, for a total value of $217,050.00. Following the sale, the executive vice president owned 17,163 shares of the company’s stock, valued at $1,241,743.05. This represents a 14.88% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 27,200 shares of company stock valued at $2,109,632. Company insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Rosenblatt Securities decreased their target price on Marvell Technology from $124.00 to $95.00 and set a “buy” rating for the company in a report on Friday, August 29th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $75.00 price target on shares of Marvell Technology in a research note on Friday, August 29th. Wall Street Zen raised Marvell Technology from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Evercore ISI cut their target price on Marvell Technology from $133.00 to $122.00 and set an “outperform” rating on the stock in a research note on Friday, August 29th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Marvell Technology from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, Marvell Technology currently has an average rating of “Moderate Buy” and a consensus target price of $92.67.

Marvell Technology Company Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.