Integrated Advisors Network LLC Decreases Stake in Marvell Technology, Inc. $MRVL

Integrated Advisors Network LLC cut its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 37.8% during the third quarter, HoldingsChannel.com reports. The fund owned 47,828 shares of the semiconductor company’s stock after selling 29,075 shares during the period. Integrated Advisors Network LLC’s holdings in Marvell Technology were worth $4,021,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Marvell Technology by 23.5% in the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after purchasing an additional 15,166,976 shares in the last quarter. Norges Bank acquired a new stake in shares of Marvell Technology in the second quarter valued at approximately $716,713,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in Marvell Technology by 4,758.5% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,036,216 shares of the semiconductor company’s stock worth $544,603,000 after buying an additional 6,891,393 shares in the last quarter. Amundi boosted its stake in Marvell Technology by 113.4% during the second quarter. Amundi now owns 8,648,350 shares of the semiconductor company’s stock worth $642,140,000 after buying an additional 4,596,309 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings in Marvell Technology by 112.4% in the 2nd quarter. Franklin Resources Inc. now owns 8,097,620 shares of the semiconductor company’s stock valued at $626,756,000 after buying an additional 4,285,330 shares in the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

MRVL opened at $81.69 on Friday. The stock’s 50-day moving average price is $81.90 and its 200 day moving average price is $81.88. Marvell Technology, Inc. has a 12-month low of $47.08 and a 12-month high of $102.77. The firm has a market cap of $71.17 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 0.64 and a beta of 1.97. The company has a current ratio of 2.01, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28.

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

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Shareholders of record on Friday, January 9th were given a $0.06 dividend. 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 dividend payout ratio (DPR) is currently 8.42%.

Insider Activity at Marvell Technology

In other news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $93.08, for a total transaction of $465,400.00. Following the sale, the executive vice president owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. This represents a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.19% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MRVL. Susquehanna reiterated a “positive” rating on shares of Marvell Technology in a report on Tuesday. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $100.00 target price on shares of Marvell Technology in a research note on Tuesday, February 17th. B. Riley Financial reissued a “buy” rating and issued a $130.00 price target (up from $100.00) on shares of Marvell Technology in a research note on Wednesday, December 3rd. Jefferies Financial Group lifted their price target on shares of Marvell Technology from $80.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Finally, UBS Group increased their price objective on Marvell Technology from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $115.31.

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.