Infrastructure Capital Advisors LLC Purchases 2,575 Shares of Marvell Technology, Inc. $MRVL

Infrastructure Capital Advisors LLC grew its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 5.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,177 shares of the semiconductor company’s stock after purchasing an additional 2,575 shares during the quarter. Infrastructure Capital Advisors LLC’s holdings in Marvell Technology were worth $4,604,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of MRVL. Intech Investment Management LLC increased its position in shares of Marvell Technology by 3.9% during the 1st quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock valued at $1,772,000 after purchasing an additional 1,085 shares during the last quarter. Baird Financial Group Inc. grew its position in Marvell Technology by 22.7% during the 2nd quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock worth $1,348,000 after acquiring an additional 3,221 shares during the last quarter. Flow Traders U.S. LLC bought a new position in Marvell Technology during the 2nd quarter worth approximately $354,000. Treasurer of the State of North Carolina grew its position in Marvell Technology by 3.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock worth $31,256,000 after acquiring an additional 11,572 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in Marvell Technology by 1.0% during the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock worth $31,855,000 after acquiring an additional 4,060 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell is seeing strong investor enthusiasm after Nvidia-linked comments and a reported $2 billion AI chip alliance boosted confidence in its role in AI data-center infrastructure. Marvell Gains Attention After Nvidia Backing
• Positive Sentiment: Marvell expects booming custom-chip sales and continued growth from AI infrastructure demand, which supports the stock’s rally. Marvell Forecasting Booming Sales for Custom Chips
• Positive Sentiment: Marvell’s upcoming S&P 500 inclusion could create passive-fund and ETF buying pressure. Marvell, Flex Could Be Days Away From Massive Passive-Fund Tailwind
• Neutral Sentiment: Marvell disclosed an insider sale, but it was done under a pre-arranged 10b5-1 plan and to cover tax withholding, limiting the negative read-through. SEC Form 4

Analysts Set New Price Targets

Several research firms recently issued reports on MRVL. Susquehanna raised their price target on Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a research report on Tuesday, May 26th. Scotiabank began coverage on Marvell Technology in a research report on Tuesday, May 26th. They set an “outperform” rating on the stock. HSBC set a $300.00 price target on Marvell Technology and gave the stock a “buy” rating in a research report on Tuesday, May 26th. UBS Group raised their price target on Marvell Technology from $195.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, KeyCorp raised their price target on Marvell Technology from $130.00 to $260.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $224.68.

Insider Buying and Selling

In other news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $110.24, for a total value of $1,102,400.00. Following the completion of the transaction, the chief operating officer owned 133,870 shares in the company, valued at $14,757,828.80. This trade represents a 6.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Willem A. Meintjes sold 30,000 shares of Marvell Technology stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total value of $4,020,300.00. Following the transaction, the chief financial officer owned 154,111 shares of the company’s stock, valued at $20,652,415.11. The trade was a 16.29% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 257,291 shares of company stock worth $32,627,131 over the last quarter. Company insiders own 0.12% of the company’s stock.

Marvell Technology Trading Up 3.9%

MRVL opened at $289.54 on Thursday. The stock has a market cap of $253.29 billion, a PE ratio of 99.16, a PEG ratio of 1.83 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. The business has a 50 day moving average of $193.56 and a 200-day moving average of $123.95. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $324.20.

Marvell Technology (NASDAQ:MRVL) last released its earnings results 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 during the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts predict that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

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.