Graham Capital Management L.P. Buys New Stake in Marvell Technology, Inc. $MRVL

Graham Capital Management L.P. bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 74,975 shares of the semiconductor company's stock, valued at approximately $4,616,000.

• How Marvell Went From Short Target to Breakout Star

Several other large investors have also recently bought and sold shares of the business. Synovus Financial Corp increased its holdings in Marvell Technology by 3.5% in the first quarter. Synovus Financial Corp now owns 4,791 shares of the semiconductor company's stock valued at $295,000 after buying an additional 161 shares during the last quarter. Virtue Capital Management LLC increased its holdings in Marvell Technology by 2.1% in the fourth quarter. Virtue Capital Management LLC now owns 7,752 shares of the semiconductor company's stock valued at $856,000 after buying an additional 163 shares during the last quarter. Kolinsky Wealth Management LLC increased its holdings in Marvell Technology by 3.3% in the fourth quarter. Kolinsky Wealth Management LLC now owns 5,628 shares of the semiconductor company's stock valued at $622,000 after buying an additional 181 shares during the last quarter. Denali Advisors LLC increased its holdings in Marvell Technology by 2.3% in the first quarter. Denali Advisors LLC now owns 8,713 shares of the semiconductor company's stock valued at $536,000 after buying an additional 200 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. increased its holdings in Marvell Technology by 6.1% in the first quarter. Pinnacle Wealth Planning Services Inc. now owns 3,477 shares of the semiconductor company's stock valued at $214,000 after buying an additional 201 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company's stock.

Insider Activity at Marvell Technology

In related news, CAO Panteha Dixon sold 1,283 shares of the firm's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $68.50, for a total value of $87,885.50. Following the completion of the sale, the chief accounting officer owned 29,572 shares in the company, valued at $2,025,682. This trade represents a 4.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark Casper sold 3,000 shares of the firm's stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $72.35, for a total transaction of $217,050.00. Following the completion of the sale, the executive vice president owned 17,163 shares of the company's stock, valued at approximately $1,241,743.05. The trade was a 14.88% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,783 shares of company stock worth $407,716 over the last 90 days. Company insiders own 0.19% of the company's stock.

Marvell Technology Price Performance

• Why Marvell Could Be the Smartest AI Bet Under $80

Shares of MRVL opened at $62.87 on Friday. Marvell Technology, Inc. has a fifty-two week low of $47.08 and a fifty-two week high of $127.48. The company has a market capitalization of $54.31 billion, a price-to-earnings ratio of -483.62, a price-to-earnings-growth ratio of 0.68 and a beta of 1.83. The firm has a 50-day simple moving average of $74.69 and a 200-day simple moving average of $70.52. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.94 and a current ratio of 1.30.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.01 billion. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.02%. The business's quarterly revenue was up 57.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, equities research analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Marvell Technology Dividend Announcement

• 3 Semiconductor Stocks Poised to Surge on AI Spending

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Friday, July 11th were given a $0.06 dividend. The ex-dividend date was Friday, July 11th. This represents a $0.24 dividend on an annualized basis and a yield of 0.4%. Marvell Technology's dividend payout ratio (DPR) is presently -184.62%.

Analysts Set New Price Targets

MRVL has been the topic of several recent analyst reports. Barclays reissued an "overweight" rating and issued a $80.00 target price on shares of Marvell Technology in a report on Friday. B. Riley reaffirmed a "buy" rating and set a $115.00 price objective (up previously from $110.00) on shares of Marvell Technology in a report on Wednesday, June 18th. UBS Group dropped their price objective on Marvell Technology from $110.00 to $95.00 and set a "buy" rating on the stock in a report on Friday. Morgan Stanley dropped their price objective on Marvell Technology from $80.00 to $76.00 and set an "equal weight" rating on the stock in a report on Friday. Finally, Melius Research raised their price objective on Marvell Technology from $67.00 to $76.00 and gave the stock a "hold" rating in a report on Wednesday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $90.50.

View Our Latest Stock Analysis on MRVL

Marvell Technology Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.

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