Marvell Technology, Inc. $MRVL Shares Newly Purchased by Nisa Investment Advisors LLC

by · The Cerbat Gem

Nisa Investment Advisors LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 122,027 shares of the semiconductor company’s stock, valued at approximately $32,241,000.

Other hedge funds have also recently bought and sold shares of the company. Hilton Head Capital Partners LLC increased its holdings in Marvell Technology by 978.3% in the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 225 shares in the last quarter. Investment Research & Advisory Group Inc. acquired a new position in shares of Marvell Technology during the third quarter worth $25,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Marvell Technology in the second quarter valued at $27,000. MidFirst Bank purchased a new position in shares of Marvell Technology in the fourth quarter valued at $28,000. Finally, Aberdeen Wealth Management LLC acquired a new stake in Marvell Technology during the 2nd quarter valued at $30,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Trading Up 1.4%

NASDAQ MRVL opened at $240.42 on Wednesday. Marvell Technology, Inc. has a 12 month low of $70.68 and a 12 month high of $329.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62. The company has a market capitalization of $210.82 billion, a price-to-earnings ratio of 79.35, a price-to-earnings-growth ratio of 7.07 and a beta of 2.26. The company’s fifty day moving average price is $242.27 and its two-hundred day moving average price is $218.93.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.01. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The company’s revenue was up 36.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, research analysts predict that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, October 9th. Marvell Technology’s dividend payout ratio (DPR) is 7.92%.

Wall Street Analyst Weigh In

MRVL has been the topic of several analyst reports. DA Davidson set a $225.00 price target on shares of Marvell Technology in a research note on Tuesday, August 18th. Stifel Nicolaus upped their price objective on shares of Marvell Technology from $350.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, October 7th. JPMorgan Chase & Co. raised their target price on Marvell Technology from $305.00 to $360.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. Cantor Fitzgerald lifted their target price on Marvell Technology from $330.00 to $350.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 7th. Finally, Needham & Company LLC boosted their price target on Marvell Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. Three analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $327.36.

Get Our Latest Analysis on Marvell Technology

Insider Transactions at Marvell Technology

In related news, CAO Justin Scarpulla sold 1,100 shares of the business’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $273.59, for a total value of $300,949.00. Following the completion of the sale, the chief accounting officer directly owned 909 shares of the company’s stock, valued at $248,693.31. The trade was a 54.75% 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, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total value of $1,805,000.00. Following the sale, the chief operating officer owned 227,941 shares in the company, valued at $41,143,350.50. The trade was a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 57,285 shares of company stock valued at $12,837,063 over the last ninety days. 0.12% of the stock is currently owned by company insiders.

Key Stories Impacting Marvell Technology

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

  • Positive Sentiment: Analysts and investors remain optimistic about Marvell’s AI opportunity. Coverage highlights robust demand for AI infrastructure products, improving long-term revenue visibility, and the company’s reported six-year, $120 billion agreement with Alphabet. Is Marvell Technology a Millionaire-Maker Stock?
  • Positive Sentiment: GF Securities said a reported delay to Google’s next tensor processing unit should not materially damage Marvell’s position among custom-chip suppliers, helping ease concerns about near-term project timing. Marvell Jumps as Google Chip Delay Is Viewed as Manageable
  • Positive Sentiment: Recent analyst support, including a fair-value increase tied to AI growth expectations, is reinforcing the bullish case for MRVL. Marvell Stock Sees Fair Value Lift
  • Positive Sentiment: Marvell’s upcoming dividend payment provides a modest income-related catalyst and may attract investors seeking exposure to semiconductor infrastructure. Marvell to Pay Dividends Next Week

Marvell Technology Company Profile

(Free Report)

Marvell Technology, Inc (NASDAQ: MRVL) is a semiconductor company that develops infrastructure solutions for data centers, telecommunications networks, enterprise systems, automotive applications and other connected markets. Its products are designed to support the movement, processing, storage and security of data across complex computing and communications environments.

The company’s portfolio includes data-processing and networking processors, custom application-specific integrated circuits, Ethernet switches and controllers, storage controllers, connectivity products, and electro-optics solutions.

See Also

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