SBI Securities Co. Ltd. Acquires 12,798 Shares of Marvell Technology, Inc. $MRVL

SBI Securities Co. Ltd. boosted its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 59.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,475 shares of the semiconductor company’s stock after purchasing an additional 12,798 shares during the period. SBI Securities Co. Ltd.’s holdings in Marvell Technology were worth $2,668,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Taylor Frigon Capital Management LLC grew its holdings in Marvell Technology by 16.5% during the second quarter. Taylor Frigon Capital Management LLC now owns 33,605 shares of the semiconductor company’s stock valued at $2,601,000 after purchasing an additional 4,748 shares during the period. Waterfront Wealth Inc. raised its stake in shares of Marvell Technology by 21.5% in the second quarter. Waterfront Wealth Inc. now owns 18,394 shares of the semiconductor company’s stock valued at $1,424,000 after buying an additional 3,258 shares during the period. BOCHK Asset Management Ltd purchased a new position in shares of Marvell Technology during the 2nd quarter valued at $1,486,000. Westbourne Investments Inc. grew its stake in shares of Marvell Technology by 442.4% during the 2nd quarter. Westbourne Investments Inc. now owns 21,695 shares of the semiconductor company’s stock worth $1,679,000 after acquiring an additional 17,695 shares during the period. Finally, Triton Financial Group Inc purchased a new stake in Marvell Technology in the 2nd quarter worth about $1,543,000. Institutional investors own 83.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Wells Fargo & Company dropped their price objective on shares of Marvell Technology from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Friday, August 29th. TD Cowen reissued a “hold” rating and issued a $85.00 price target (down previously from $90.00) on shares of Marvell Technology in a research report on Wednesday, October 1st. Roth Capital reaffirmed a “buy” rating on shares of Marvell Technology in a report on Wednesday, October 15th. UBS Group raised their price target on Marvell Technology from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Finally, Oppenheimer increased their price objective on Marvell Technology from $95.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.06.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $89.33 on Thursday. The firm has a market capitalization of $77.01 billion, a P/E ratio of -687.15, a P/E/G ratio of 1.10 and a beta of 1.95. The company has a quick ratio of 1.44, a current ratio of 1.88 and a debt-to-equity ratio of 0.30. The stock’s 50-day simple moving average is $82.34 and its two-hundred day simple moving average is $74.20. Marvell Technology, Inc. has a twelve month low of $47.08 and a twelve month high of $127.48.

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

Marvell Technology Announces Dividend

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

Marvell Technology announced that its board has authorized a share buyback program on Wednesday, September 24th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the semiconductor company to buy up to 7.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at Marvell Technology

In other news, COO Chris Koopmans purchased 6,800 shares of the company’s stock in a transaction on Thursday, September 25th. The stock was purchased at an average price of $78.03 per share, with a total value of $530,604.00. Following the completion of the purchase, the chief operating officer directly owned 104,825 shares in the company, valued at approximately $8,179,494.75. This trade represents a 6.94% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew J. Murphy acquired 13,600 shares of Marvell Technology stock in a transaction dated Thursday, September 25th. The shares were purchased at an average price of $77.09 per share, for a total transaction of $1,048,424.00. Following the completion of the transaction, the chief executive officer directly owned 268,637 shares in the company, valued at approximately $20,709,226.33. The trade was a 5.33% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders purchased 27,200 shares of company stock valued at $2,109,632. 0.33% of the stock is currently owned by insiders.

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.