Marvell Technology, Inc. $MRVL Shares Bought by Inspire Investing LLC

Inspire Investing LLC boosted its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 114.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,016 shares of the semiconductor company’s stock after acquiring an additional 2,673 shares during the quarter. Inspire Investing LLC’s holdings in Marvell Technology were worth $309,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in MRVL. Bank Pictet & Cie Europe AG increased its stake in Marvell Technology by 0.7% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 66,710 shares of the semiconductor company’s stock valued at $7,368,000 after purchasing an additional 460 shares during the last quarter. Visionary Wealth Advisors bought a new position in Marvell Technology during the 4th quarter worth approximately $257,000. Vident Advisory LLC raised its position in shares of Marvell Technology by 8.0% during the 4th quarter. Vident Advisory LLC now owns 24,070 shares of the semiconductor company’s stock worth $2,659,000 after purchasing an additional 1,775 shares during the period. Waverly Advisors LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth approximately $398,000. Finally, Voloridge Investment Management LLC acquired a new stake in Marvell Technology in the 4th quarter valued at approximately $24,561,000. 83.51% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 3,000 shares of Marvell Technology stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $72.35, for a total transaction of $217,050.00. Following the sale, the executive vice president directly owned 17,163 shares in the company, valued at $1,241,743.05. The trade was a 14.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.19% of the stock is owned by corporate insiders.

Marvell Technology Stock Performance

Marvell Technology stock opened at $74.23 on Friday. The stock’s 50-day moving average is $72.42 and its 200-day moving average is $67.51. The company has a market cap of $63.99 billion, a price-to-earnings ratio of -571.00, a price-to-earnings-growth ratio of 0.86 and a beta of 1.85. 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 12 month low of $47.08 and a 12 month high of $127.48.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Oppenheimer reissued an “outperform” rating and set a $95.00 price objective on shares of Marvell Technology in a research note on Friday, August 29th. Rosenblatt Securities decreased their target price on Marvell Technology from $124.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, August 29th. China Renaissance assumed coverage on Marvell Technology in a report on Thursday, June 5th. They issued a “buy” rating and a $110.00 target price on the stock. BNP Paribas raised shares of Marvell Technology to a “strong-buy” rating in a report on Friday, August 29th. Finally, The Goldman Sachs Group assumed coverage on shares of Marvell Technology in a research note on Thursday, July 10th. They set a “neutral” rating and a $75.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.50.

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.