Groupe la Francaise Boosts Holdings in Marvell Technology, Inc. $MRVL

Groupe la Francaise raised its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 111.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,986 shares of the semiconductor company’s stock after purchasing an additional 27,896 shares during the period. Groupe la Francaise’s holdings in Marvell Technology were worth $4,083,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Game Plan Financial Advisors LLC bought a new position in Marvell Technology in the 2nd quarter valued at $27,000. 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 worth $28,000 after buying an additional 281 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of Marvell Technology by 62.5% in the 2nd 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 in the last quarter. DiNuzzo Private Wealth Inc. grew its stake in shares of Marvell Technology by 786.0% during the second quarter. DiNuzzo Private Wealth Inc. now owns 443 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 393 shares during the last quarter. Finally, Clear Investment Research LLC grew its position in Marvell Technology by 58.6% during the 2nd quarter. Clear Investment Research LLC now owns 490 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 181 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

Marvell Technology Price Performance

Shares of Marvell Technology stock opened at $100.20 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 1.88. Marvell Technology, Inc. has a one year low of $47.08 and a one year high of $127.48. The stock has a market cap of $86.38 billion, a price-to-earnings ratio of -770.77, a price-to-earnings-growth ratio of 1.10 and a beta of 1.93. The stock has a 50 day moving average price of $87.15 and a 200-day moving average price of $76.77.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.02. The firm had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.06 billion. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The company’s revenue for the quarter was up 36.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Equities analysts expect that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.2%. Marvell Technology’s dividend payout ratio (DPR) is presently 8.42%.

Marvell Technology announced that its Board of Directors has approved a share buyback plan on Wednesday, September 24th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the semiconductor company to repurchase up to 7.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MRVL. Jefferies Financial Group increased their price objective on Marvell Technology from $80.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday. Piper Sandler set a $110.00 price objective on Marvell Technology in a research report on Wednesday. Craig Hallum reaffirmed a “buy” rating and issued a $141.00 target price on shares of Marvell Technology in a report on Wednesday. UBS Group set a $100.00 price target on Marvell Technology in a report on Wednesday. Finally, BNP Paribas raised shares of Marvell Technology to a “strong-buy” rating in a research report on Friday, August 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $111.00.

Insider Activity at Marvell Technology

In related news, CFO Willem A. Meintjes acquired 3,400 shares of Marvell Technology stock in a transaction on Thursday, September 25th. The stock was acquired at an average price of $78.03 per share, for a total transaction of $265,302.00. Following the purchase, the chief financial officer owned 132,159 shares of the company’s stock, valued at approximately $10,312,366.77. This represents a 2.64% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Sandeep Bharathi bought 3,400 shares of the firm’s stock in a transaction that occurred on Thursday, September 25th. The stock was purchased at an average price of $78.03 per share, with a total value of $265,302.00. Following the completion of the purchase, 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. Insiders have purchased 27,200 shares of company stock valued at $2,109,632 over the last 90 days. Company insiders own 0.19% of the company’s stock.

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.