111 Capital Invests $614,000 in Marvell Technology, Inc. $MRVL

Key Points

• 111 Capital disclosed a new fourth-quarter position in Marvell Technology, buying 7,230 shares valued at about $614,000.
• Marvell’s latest earnings matched Wall Street expectations, with $0.80 EPS and $2.42 billion in revenue, while revenue rose 27.6% from a year earlier. The company also issued Q2 2027 guidance of $0.88 to $0.98 EPS.
• Analyst sentiment remains constructive despite recent volatility: multiple firms raised price targets, and MarketBeat reports a consensus rating of Moderate Buy with an average target price of $218.58.

111 Capital acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,230 shares of the semiconductor company's stock, valued at approximately $614,000.

Several other large investors have also recently bought and sold shares of the stock. Intech Investment Management LLC grew its stake in shares of Marvell Technology by 3.9% in the 1st quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company's stock worth $1,772,000 after purchasing an additional 1,085 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of Marvell Technology by 22.7% in the 2nd quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company's stock worth $1,348,000 after purchasing an additional 3,221 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Marvell Technology in the 2nd quarter worth approximately $354,000. Treasurer of the State of North Carolina grew its stake in shares of Marvell Technology by 3.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company's stock worth $31,256,000 after purchasing an additional 11,572 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Marvell Technology by 1.0% in the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company's stock worth $31,855,000 after purchasing an additional 4,060 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company's stock.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, CEO Matthew J. Murphy sold 30,000 shares of Marvell Technology stock in a transaction on Thursday, March 26th. The shares were sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the sale, the chief executive officer owned 310,106 shares in the company, valued at $30,607,462.20. The trade was a 8.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the sale, the insider owned 55,199 shares in the company, valued at $7,195,189.65. This represents a 54.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 255,060 shares of company stock valued at $31,959,772 in the last three months. 0.12% of the stock is owned by insiders.

Marvell Technology Price Performance

Shares of MRVL opened at $263.47 on Friday. The firm has a market cap of $230.48 billion, a PE ratio of 90.23, a PEG ratio of 1.75 and a beta of 2.29. The firm's 50 day moving average price is $164.84 and its 200 day moving average price is $112.56. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $324.20.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts' consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter last year, the firm posted $0.62 earnings per share. The company's quarterly revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts expect that Marvell Technology, Inc. will post 3.08 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology's payout ratio is 8.22%.

Marvell Technology News Roundup

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

• Positive Sentiment: Raymond James raised its price target on Marvell to $235 from $105 and reiterated a Strong Buy rating, reflecting continued analyst confidence. Raymond James Raises its Price Target on Marvell (MRVL) to $235 from $105
• Neutral Sentiment: Marvell received unusual call-option activity, which may signal trader interest, but it does not by itself change the fundamental outlook.
• Neutral Sentiment: There was ongoing speculation that Marvell could be added to the S&P 500 in an upcoming index rebalancing, which could provide a passive-fund boost if it happens.
• Negative Sentiment: Broader chip stocks sold off after Broadcom’s outlook disappointed Wall Street, dragging MRVL down with the sector. Micron, Marvell, and Broadcom lead chipmakers' premarket losses
• Negative Sentiment: Several reports warned that Marvell was overbought after its rapid run-up, making it vulnerable to profit-taking and a momentum unwind. Why Is Marvell Technology Stock Falling On Friday?

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Marvell Technology in a report on Friday, March 27th. Wells Fargo & Company raised their target price on shares of Marvell Technology from $195.00 to $240.00 and gave the stock an "overweight" rating in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $240.00 target price on shares of Marvell Technology in a report on Thursday, May 28th. Zacks Research upgraded shares of Marvell Technology from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 31st. Finally, KeyCorp raised their target price on shares of Marvell Technology from $130.00 to $260.00 and gave the stock an "overweight" rating in a report on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $218.58.

About Marvell Technology

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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