Winch Advisory Services LLC Has $3.39 Million Holdings in Marvell Technology, Inc. $MRVL

Winch Advisory Services LLC trimmed its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 2.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 43,847 shares of the semiconductor company’s stock after selling 900 shares during the period. Marvell Technology makes up 0.8% of Winch Advisory Services LLC’s investment portfolio, making the stock its 24th largest holding. Winch Advisory Services LLC’s holdings in Marvell Technology were worth $3,394,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Hughes Financial Services LLC bought a new stake in Marvell Technology in the first quarter valued at $26,000. Financial Connections Group Inc. increased its position in 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 buying an additional 388 shares in the last quarter. Game Plan Financial Advisors LLC acquired a new position in Marvell Technology during the 2nd quarter worth approximately $27,000. Vision Financial Markets LLC bought a new position in Marvell Technology in the first quarter worth approximately $28,000. Finally, Kiker Wealth Management LLC grew its stake in Marvell Technology by 374.7% in 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 period. Institutional investors own 83.51% of the company’s stock.

Analysts Set New Price Targets

MRVL has been the topic of a number of research reports. Oppenheimer upped their target price on Marvell Technology from $95.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, October 10th. UBS Group upped their price objective on shares of Marvell Technology from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Monday, October 13th. TD Cowen reaffirmed a “hold” rating and issued a $85.00 price objective (down from $90.00) on shares of Marvell Technology in a research note on Wednesday, October 1st. Summit Redstone set a $105.00 price objective on shares of Marvell Technology in a report on Wednesday, October 15th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Marvell Technology in a report on Wednesday, October 8th. Two equities research 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’s stock. Based on data from MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.06.

Marvell Technology Stock Performance

NASDAQ MRVL opened at $93.23 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 1.88. The company has a market capitalization of $80.37 billion, a PE ratio of -717.15, a price-to-earnings-growth ratio of 1.10 and a beta of 1.95. The company has a 50-day simple moving average of $81.31 and a 200 day simple moving average of $73.88. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $127.48.

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

Marvell Technology Announces Dividend

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

Marvell Technology declared that its board has approved a stock buyback program on Wednesday, September 24th that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the semiconductor company to purchase up to 7.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In other news, CEO Matthew J. Murphy acquired 13,600 shares of the business’s stock in a transaction dated Thursday, September 25th. The stock was bought at an average cost of $77.09 per share, for a total transaction of $1,048,424.00. Following the completion of the transaction, the chief executive officer owned 268,637 shares of the company’s stock, valued at $20,709,226.33. The trade was a 5.33% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Sandeep Bharathi purchased 3,400 shares of the business’s stock in a transaction on Thursday, September 25th. The stock was purchased at an average cost of $78.03 per share, with a total value of $265,302.00. Following the completion of the acquisition, the insider owned 73,392 shares in the company, valued at approximately $5,726,777.76. This trade represents a 4.86% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 27,200 shares of company stock worth $2,109,632. Insiders own 0.19% of the company’s stock.

About Marvell Technology

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.