ABN Amro Investment Solutions Invests $8.65 Million in Marvell Technology, Inc. $MRVL

ABN Amro Investment Solutions purchased a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 111,774 shares of the semiconductor company’s stock, valued at approximately $8,651,000.

Several other large investors have also recently added to or reduced their stakes in the company. Financial Connections Group Inc. lifted its position 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 worth $27,000 after buying an additional 388 shares during the last quarter. Game Plan Financial Advisors LLC acquired a new stake in Marvell Technology during the second quarter worth about $27,000. Vision Financial Markets LLC bought a new position in Marvell Technology in the first quarter worth about $28,000. Kiker Wealth Management LLC boosted 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. Finally, Westside Investment Management Inc. grew its holdings in shares of Marvell Technology by 62.5% during the second quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 160 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

Insider Transactions at Marvell Technology

In other Marvell Technology news, CEO Matthew J. Murphy acquired 13,600 shares of Marvell Technology stock in a transaction dated Thursday, September 25th. The stock was bought at an average price of $77.09 per share, for a total transaction of $1,048,424.00. Following the transaction, the chief executive officer owned 268,637 shares in the company, valued at approximately $20,709,226.33. This trade represents a 5.33% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Sandeep Bharathi acquired 3,400 shares of the stock in a transaction dated Thursday, September 25th. The stock was acquired at an average cost of $78.03 per share, for a total transaction of $265,302.00. Following the purchase, the insider directly owned 73,392 shares in the company, valued at approximately $5,726,777.76. The trade was a 4.86% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders acquired 27,200 shares of company stock worth $2,109,632. Corporate insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MRVL. Wall Street Zen raised Marvell Technology from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Rosenblatt Securities dropped 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. Cowen cut Marvell Technology from a “buy” rating to a “hold” rating in a research note on Tuesday, September 30th. Wells Fargo & Company lowered their price target on shares of Marvell Technology from $95.00 to $90.00 and set an “overweight” rating for the company in a research report on Friday, August 29th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Marvell Technology from $130.00 to $120.00 and set an “overweight” rating on the stock in a report on Friday, August 29th. 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.06.

Marvell Technology Price Performance

MRVL stock opened at $89.33 on Thursday. The firm’s 50-day moving average is $82.34 and its two-hundred day moving average is $74.20. The company has a market capitalization of $77.01 billion, a price-to-earnings ratio of -687.15, a price-to-earnings-growth ratio of 1.10 and a beta of 1.95. Marvell Technology, Inc. has a 52 week low of $47.08 and a 52 week 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.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 EPS for the quarter, meeting 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 business’s revenue for the quarter was up 57.6% on a year-over-year basis. During the same quarter last year, the business earned $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology declared that its board has initiated a stock buyback plan on Wednesday, September 24th that authorizes the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization authorizes the semiconductor company to reacquire up to 7.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 30th. Stockholders of record on Friday, October 10th were issued a $0.06 dividend. 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 is -184.62%.

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.