Rothschild Investment LLC Buys 5,194 Shares of Marvell Technology, Inc. $MRVL

Rothschild Investment LLC grew its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 7.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,672 shares of the semiconductor company’s stock after buying an additional 5,194 shares during the quarter. Rothschild Investment LLC’s holdings in Marvell Technology were worth $5,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Nuveen LLC bought a new position in Marvell Technology in the first quarter valued at about $399,587,000. Goldman Sachs Group Inc. lifted its stake in shares of Marvell Technology by 32.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 20,661,308 shares of the semiconductor company’s stock worth $1,272,117,000 after purchasing an additional 5,050,159 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Marvell Technology by 662.9% in the first quarter. AQR Capital Management LLC now owns 3,119,855 shares of the semiconductor company’s stock worth $187,566,000 after buying an additional 2,710,894 shares during the last quarter. Nordea Investment Management AB grew its position in Marvell Technology by 48.3% during the second quarter. Nordea Investment Management AB now owns 7,195,669 shares of the semiconductor company’s stock valued at $555,650,000 after buying an additional 2,344,245 shares during the period. Finally, DnB Asset Management AS raised its position in Marvell Technology by 1,167.6% in the first quarter. DnB Asset Management AS now owns 2,015,860 shares of the semiconductor company’s stock worth $124,116,000 after acquiring an additional 1,856,833 shares during the period. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MRVL. Cantor Fitzgerald reissued a “neutral” rating and set a $75.00 price objective on shares of Marvell Technology in a research report on Friday, August 29th. BNP Paribas upgraded Marvell Technology to a “strong-buy” rating in a research report on Friday, August 29th. Evercore ISI lowered their price objective on Marvell Technology from $133.00 to $122.00 and set an “outperform” rating on the stock in a research report on Friday, August 29th. Rosenblatt Securities reduced their target price on shares of Marvell Technology from $124.00 to $95.00 and set a “buy” rating for the company in a report on Friday, August 29th. Finally, Wall Street Zen upgraded shares of Marvell Technology from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $93.06.

Marvell Technology Trading Down 1.2%

Shares of MRVL opened at $86.45 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.88 and a quick ratio of 1.44. Marvell Technology, Inc. has a 1 year low of $47.08 and a 1 year high of $127.48. The company has a 50 day simple moving average of $83.27 and a two-hundred day simple moving average of $74.71. The firm has a market cap of $74.53 billion, a P/E ratio of -665.00, a price-to-earnings-growth ratio of 1.10 and a beta of 1.95.

Marvell Technology (NASDAQ:MRVL) last posted its earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, meeting the consensus estimate of $0.67. The company had revenue of $2.01 billion during 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 quarterly revenue was up 57.6% on a year-over-year basis. During the same period last year, the company posted $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, equities analysts expect that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 30th. Stockholders of record on Friday, October 10th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, October 10th. Marvell Technology’s payout ratio is -184.62%.

Marvell Technology announced that its Board of Directors has authorized a stock repurchase program on Wednesday, September 24th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to reacquire up to 7.8% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Transactions at Marvell Technology

In other news, CFO Willem A. Meintjes acquired 3,400 shares of Marvell Technology stock in a transaction on Thursday, September 25th. The shares were acquired at an average price of $78.03 per share, with a total value of $265,302.00. Following the purchase, the chief financial officer directly owned 132,159 shares in the company, valued at $10,312,366.77. The trade was a 2.64% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Chris Koopmans acquired 6,800 shares of the firm’s stock in a transaction dated Thursday, September 25th. The shares were purchased at an average cost of $78.03 per share, for a total transaction of $530,604.00. Following the completion of the acquisition, the chief operating officer directly owned 104,825 shares in the company, valued at approximately $8,179,494.75. This represents a 6.94% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 27,200 shares of company stock valued at $2,109,632 over the last three months. Corporate insiders own 0.19% of the company’s stock.

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.