Adell Harriman & Carpenter Inc. Lowers Stock Holdings in Marvell Technology, Inc. $MRVL

Adell Harriman & Carpenter Inc. cut its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 36.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,158 shares of the semiconductor company’s stock after selling 39,450 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Marvell Technology were worth $5,898,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC lifted its holdings in shares of Marvell Technology by 160.0% during the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 200 shares in the last quarter. Game Plan Financial Advisors LLC acquired a new stake in shares of Marvell Technology in the second quarter valued at about $27,000. Kiker Wealth Management LLC lifted its position in Marvell Technology by 374.7% during the 2nd quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 281 shares in the last quarter. Nova Wealth Management Inc. lifted its position in Marvell Technology by 3,922.2% during the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 353 shares in the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new stake in Marvell Technology in the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Stock Down 4.0%

MRVL stock opened at $75.54 on Wednesday. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The firm’s 50-day simple moving average is $85.65 and its 200 day simple moving average is $81.56. The stock has a market cap of $64.07 billion, a PE ratio of 26.51, a price-to-earnings-growth ratio of 0.58 and a beta of 1.97. Marvell Technology, Inc. has a fifty-two week low of $47.08 and a fifty-two week high of $121.81.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.02. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The firm had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter in the previous year, the business earned $0.43 EPS. The firm’s revenue for the quarter was up 36.8% on a year-over-year basis. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. As a group, sell-side analysts predict that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Investors of record on Friday, January 9th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Friday, January 9th. Marvell Technology’s payout ratio is presently 8.42%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on MRVL shares. Stifel Nicolaus boosted their target price on shares of Marvell Technology from $95.00 to $114.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Needham & Company LLC dropped their target price on Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a research report on Tuesday. Deutsche Bank Aktiengesellschaft lifted their price objective on Marvell Technology from $90.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Barclays increased their target price on Marvell Technology from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 3rd. Finally, UBS Group cut their price target on shares of Marvell Technology from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $115.31.

Key Marvell Technology News

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

• Positive Sentiment: Marvell completed the acquisition of Celestial AI, gaining Photonic Fabric optical‑interconnect technology that management and some analysts say can enable long‑term revenue and AI/scale-up connectivity growth. Marvell Completes Acquisition of Celestial AI
• Neutral Sentiment: Analysts such as Needham/Quinn Bolton maintained Buy ratings while lowering price targets, calling the Celestial deal strategically accretive long‑term but noting potential near‑term EPS pressure from the transaction. This is supportive of the story but tempers near‑term expectations. Marvell Technology: Celestial AI Acquisition Unlocks Long-Term Photonics-Driven Growth Despite Near-Term EPS Pressure
• Neutral Sentiment: Note: a separate press item refers to Marvel Biosciences (TSXV: MRVL), which is a different company and unrelated to Marvell Technology; that patent news is noise for MRVL investors. Marvel Biosciences Receives Japanese Patent
• Negative Sentiment: Multiple analysts trimmed price targets (Citigroup, Rosenblatt, Needham and others); even with many ratings remaining Buy, lower targets and some Hold reiterations put downward pressure on the stock and contributed to intraday selling. Marvell Technology Stock Slips As Analysts Cut Price Targets
• Negative Sentiment: Market commentary and data outlets note the share decline and elevated volume, and warn institutional holders may act after recent drops — signaling potential further near‑term selling pressure. Marvell Technology (MRVL) Declines More Than Market

Insider Buying and Selling at Marvell Technology

In other news, EVP Mark Casper sold 5,000 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $93.08, for a total value of $465,400.00. Following the completion of the sale, the executive vice president directly owned 19,418 shares of the company’s stock, valued at $1,807,427.44. This represents a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.33% of the stock is owned by corporate 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.