Goldenstone Wealth Management LLC Invests $333,000 in Marvell Technology, Inc. $MRVL

Goldenstone Wealth Management LLC bought a new position in Marvell Technology, Inc. (NASDAQ:MRVL) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 3,915 shares of the semiconductor company’s stock, valued at approximately $333,000.

Other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in shares of Marvell Technology in the 4th quarter worth $25,000. Elyxium Wealth LLC bought a new stake in shares of Marvell Technology in the 4th quarter worth $40,000. Strive Asset Management LLC bought a new stake in shares of Marvell Technology in the 3rd quarter worth $42,000. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Marvell Technology by 98.0% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 244 shares in the last quarter. Finally, Avalon Trust Co grew its stake in shares of Marvell Technology by 70.6% in the 3rd quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock worth $55,000 after acquiring an additional 269 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

MRVL stock opened at $186.80 on Thursday. The firm has a 50 day moving average of $130.75 and a 200-day moving average of $100.69. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a 12 month low of $58.61 and a 12 month high of $193.32. The firm has a market capitalization of $167.62 billion, a P/E ratio of 60.65, a price-to-earnings-growth ratio of 1.47 and a beta of 2.25.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. Marvell Technology’s revenue was up 22.1% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, sell-side analysts predict that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, April 10th. Marvell Technology’s payout ratio is presently 7.79%.

Insider Buying and Selling

In related news, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total value of $1,161,486.54. Following the transaction, the executive vice president directly owned 4,023 shares of the company’s stock, valued at $430,501.23. The trade was a 72.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Willem A. Meintjes sold 30,000 shares of Marvell Technology stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $134.01, for a total transaction of $4,020,300.00. Following the completion of the transaction, the chief financial officer directly owned 154,111 shares in the company, valued at approximately $20,652,415.11. The trade was a 16.29% 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 245,060 shares of company stock valued at $29,901,072 over the last quarter. Company insiders own 0.19% of the company’s stock.

Key Marvell Technology News

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

• Positive Sentiment: Wells Fargo sharply raised its price target on Marvell Technology and reiterated an Overweight rating, citing “significant AWS Trainium expansion ahead” and stronger custom silicon momentum. Article Title
• Positive Sentiment: Evercore ISI also lifted its target on Marvell, pointing to rising AI infrastructure demand, which added to the bullish analyst momentum across the stock. Article Title
• Positive Sentiment: Several other reports highlighted bullish expectations for Marvell’s AI networking, hyperscaler spending, and custom AI chip business, suggesting investors are betting on stronger near-term and fiscal 2027 growth. Article Title
• Neutral Sentiment: Marvell’s recent earnings and guidance remain a key backdrop: the company beat consensus estimates last quarter and continues to guide for solid growth, but investors are now focused on whether AI-related backlog can translate into even stronger results. Article Title
• Negative Sentiment: Some commentary suggests much of the AI and optics upside may already be reflected in the valuation, and insider selling has been heavy over the past six months, which could temper enthusiasm if earnings do not exceed elevated expectations. Article Title

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Melius Research set a $220.00 price target on shares of Marvell Technology in a research report on Monday. JPMorgan Chase & Co. increased their price target on shares of Marvell Technology from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Citigroup increased their price target on shares of Marvell Technology from $113.00 to $118.00 and gave the company a “buy” rating in a research report on Friday, March 6th. TD Cowen increased their price target on shares of Marvell Technology from $90.00 to $190.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Finally, Rosenblatt Securities increased their price target on shares of Marvell Technology from $115.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and an average target price of $138.70.

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.