Arta Finance Wealth Management LLC Invests $1.33 Million in Marvell Technology, Inc. $MRVL

Arta Finance Wealth Management LLC acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVLFree Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 15,632 shares of the semiconductor company’s stock, valued at approximately $1,327,000. Marvell Technology makes up approximately 0.7% of Arta Finance Wealth Management LLC’s portfolio, making the stock its 29th largest holding.

A number of other hedge funds also recently bought and sold shares of the business. Ellsworth Advisors LLC acquired a new position in shares of Marvell Technology during the 3rd quarter valued at about $5,864,000. Vanguard Group Inc. increased its position in Marvell Technology by 23.5% during the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after purchasing an additional 15,166,976 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in Marvell Technology by 1,292.1% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 389,809 shares of the semiconductor company’s stock worth $32,656,000 after purchasing an additional 361,807 shares during the last quarter. Triasima Portfolio Management inc. purchased a new position in Marvell Technology during the third quarter worth about $1,426,000. Finally, Robeco Schweiz AG raised its stake in Marvell Technology by 1.4% during the third quarter. Robeco Schweiz AG now owns 973,765 shares of the semiconductor company’s stock worth $81,864,000 after purchasing an additional 12,977 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Activity at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the completion of the transaction, the executive vice president directly owned 4,023 shares of the company’s stock, valued at $430,501.23. The trade was a 72.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Matthew J. Murphy sold 30,000 shares of the stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the sale, the chief executive officer directly owned 310,106 shares in the company, valued at $30,607,462.20. This represents a 8.82% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 97,268 shares of company stock worth $9,747,735. 0.19% of the stock is currently owned by company insiders.

Key Marvell Technology News

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

Analyst Ratings Changes

Several analysts have recently weighed in on MRVL shares. Susquehanna reissued a “positive” rating on shares of Marvell Technology in a research note on Tuesday, February 24th. B. Riley Financial reaffirmed a “buy” rating and set a $135.00 price target (up from $130.00) on shares of Marvell Technology in a research report on Friday, March 6th. Wall Street Zen lowered Marvell Technology from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Zacks Research raised Marvell Technology from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Finally, KGI Securities upgraded Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a research report on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $117.24.

Check Out Our Latest Analysis on MRVL

Marvell Technology Stock Performance

Shares of MRVL stock opened at $107.11 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. The firm has a market cap of $93.66 billion, a P/E ratio of 34.78, a P/E/G ratio of 0.97 and a beta of 1.83. The firm’s 50 day moving average price is $85.40 and its 200-day moving average price is $85.65. Marvell Technology, Inc. has a one year low of $47.08 and a one year high of $107.84.

Marvell Technology (NASDAQ:MRVLGet Free Report) last posted its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, equities research analysts predict that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 10th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, April 10th. Marvell Technology’s payout ratio is currently 7.79%.

Marvell Technology Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

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