Commonwealth Equity Services LLC Acquires 153,764 Shares of Marvell Technology, Inc. $MRVL

Commonwealth Equity Services LLC grew its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 60.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 406,805 shares of the semiconductor company’s stock after acquiring an additional 153,764 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Marvell Technology were worth $34,200,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in MRVL. Game Plan Financial Advisors LLC purchased a new position in Marvell Technology in the 2nd quarter worth $27,000. Kiker Wealth Management LLC grew its stake in shares of Marvell Technology by 374.7% during the second quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 281 shares during the last quarter. Nova Wealth Management Inc. increased its holdings in shares of Marvell Technology by 3,922.2% in the third quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock worth $30,000 after buying an additional 353 shares during the period. N.E.W. Advisory Services LLC bought a new stake in shares of Marvell Technology in the 2nd quarter valued at about $32,000. Finally, Westside Investment Management Inc. boosted its holdings in Marvell Technology by 62.5% during the 2nd quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 160 shares during the period. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $84.64 on Thursday. Marvell Technology, Inc. has a 1 year low of $47.08 and a 1 year high of $127.48. The stock has a market capitalization of $71.78 billion, a P/E ratio of 29.70, a P/E/G ratio of 0.85 and a beta of 1.95. The company’s 50-day moving average is $87.74 and its 200 day moving average is $80.55. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.64.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.02. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The business had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.06 billion. During the same period in the previous year, the firm posted $0.43 EPS. The business’s revenue was up 36.8% on a year-over-year basis. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. On average, sell-side analysts expect that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Marvell Technology declared that its board has initiated a stock buyback plan 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 plans are typically a sign that the company’s board believes its shares are undervalued.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 29th. Stockholders of record on Friday, January 9th will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio is currently 8.42%.

Key Marvell Technology News

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: Multiple analyst upgrades and bullish notes signal strong demand outlook and give upside support — Melius Research upgraded MRVL to Buy with a $135 target, and Rosenblatt reaffirmed a Buy with a $120 target, highlighting upside from AI/data-center exposure. Marvell Technology (NASDAQ:MRVL) Stock Rating Upgraded by Melius Melius Research upgrades Marvell Rosenblatt reiterates Buy
• Positive Sentiment: JPMorgan/market commentary points to accelerating AI bookings and a large addressable market, reinforcing revenue and margin upside expectations for Marvell. This supports longer-term investor confidence. Marvell CEO Says AI Bookings Are ‘On Fire’
• Neutral Sentiment: Marvell announced a $540M deal to buy XConn Technologies to expand connectivity for AI/data-center builds — strategically logical for product roadmap but adds acquisition execution and integration risk that could take time to accrete to earnings. Marvell to buy XConn in $540M deal (Reuters) Marvell To Acquire XConn (Benzinga)
• Neutral Sentiment: Market commentary and analysis pieces argue MRVL could still be undervalued given free cash flow and recent deals — these views may attract longer-term buyers but are speculative and contrast with short-term option/flow dynamics. Unusual Volume In Marvell Put Options (TalkMarkets) Unusual Volume in Marvell Put Options (Barchart)
• Negative Sentiment: Shares sold off after the XConn acquisition was announced, suggesting investors are worried about deal cost, near-term dilution/returns or are taking profits after recent gains. This selling pressure explains part of today’s decline. Marvell stock falls after XConn announcement
• Negative Sentiment: An EVP, Mark Casper, disclosed a sale of 5,000 shares at about $93 — insider selling can be interpreted negatively by some investors even if for personal/liquidity reasons. SEC Form 4: Mark Casper sale

Insider Activity

In related news, EVP Mark Casper sold 5,000 shares of Marvell Technology stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the transaction, the executive vice president directly owned 19,418 shares of the company’s stock, valued at $1,807,427.44. This trade represents a 20.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.19% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Citigroup reaffirmed a “buy” rating on shares of Marvell Technology in a research note on Monday, December 22nd. The Goldman Sachs Group lifted their target price on shares of Marvell Technology from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. Jefferies Financial Group increased their price target on shares of Marvell Technology from $80.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, December 3rd. Raymond James Financial reissued a “strong-buy” rating on shares of Marvell Technology in a report on Tuesday. Finally, Morgan Stanley set a $112.00 price objective on shares of Marvell Technology in a research note on Wednesday, December 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $116.03.

Marvell Technology Profile

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.