Stephens Investment Management Group LLC Reduces Stock Holdings in Marvell Technology, Inc. $MRVL

Stephens Investment Management Group LLC lowered its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 30.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 191,055 shares of the semiconductor company’s stock after selling 85,405 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Marvell Technology were worth $14,788,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Game Plan Financial Advisors LLC purchased a new stake in shares of Marvell Technology in the second quarter valued at about $27,000. Kiker Wealth Management LLC increased its position in shares of Marvell Technology by 374.7% during the second quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 281 shares during the last quarter. Hughes Financial Services LLC acquired a new stake in shares of Marvell Technology during the first quarter valued at about $26,000. Financial Connections Group Inc. raised its stake in shares of Marvell Technology by 776.0% in the 1st quarter. Financial Connections Group Inc. now owns 438 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 388 shares during the period. Finally, DiNuzzo Private Wealth Inc. lifted its holdings in shares of Marvell Technology by 786.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 443 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 393 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, CFO Willem A. Meintjes bought 3,400 shares of the stock in a transaction dated Thursday, September 25th. The shares were acquired at an average cost of $78.03 per share, for a total transaction of $265,302.00. Following the completion of the transaction, the chief financial officer owned 132,159 shares in the company, valued at approximately $10,312,366.77. The trade was a 2.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Chris Koopmans bought 6,800 shares of the stock in a transaction dated Thursday, September 25th. The shares were acquired at an average price of $78.03 per share, for a total transaction of $530,604.00. Following the completion of the transaction, the chief operating officer owned 104,825 shares of the company’s stock, valued at approximately $8,179,494.75. The trade was a 6.94% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 27,200 shares of company stock valued at $2,109,632. 0.19% of the stock is currently owned by insiders.

Marvell Technology Trading Down 3.8%

Shares of Marvell Technology stock opened at $81.05 on Thursday. The company has a fifty day simple moving average of $76.90 and a 200-day simple moving average of $70.19. Marvell Technology, Inc. has a 12-month low of $47.08 and a 12-month high of $127.48. The company has a current ratio of 1.88, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The stock has a market cap of $69.87 billion, a price-to-earnings ratio of -623.46, a PEG ratio of 1.03 and a beta of 1.94.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.67. The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.01 billion. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The company’s revenue for the quarter was up 57.6% compared to the same quarter last year. During the same period last year, the firm posted $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, equities analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology declared that its board has authorized a share repurchase plan on Wednesday, September 24th that permits the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to repurchase up to 7.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Marvell Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 30th. Stockholders of record on Friday, October 10th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, October 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is -184.62%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on MRVL shares. Deutsche Bank Aktiengesellschaft upped their price target on Marvell Technology from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, September 25th. Cowen lowered shares of Marvell Technology from a “buy” rating to a “hold” rating in a research note on Tuesday, September 30th. Jefferies Financial Group dropped their price objective on shares of Marvell Technology from $90.00 to $80.00 and set a “buy” rating for the company in a report on Friday, August 29th. The Goldman Sachs Group initiated coverage on Marvell Technology in a research report on Thursday, July 10th. They set a “neutral” rating and a $75.00 price objective on the stock. Finally, Wall Street Zen raised Marvell Technology from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Marvell Technology has an average rating of “Moderate Buy” and an average target price of $93.06.

Marvell Technology Company 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.