Analog Century Management LP Trims Holdings in Marvell Technology, Inc. $MRVL

Key Points

• Analog Century Management LP reduced its ownership in Marvell Technology, Inc. by 10.7%, now holding 656,961 shares after selling 78,612 shares.
• Marvell Technology announced a quarterly dividend of $0.06, representing an annualized yield of 0.3%, with a current dividend payout ratio of -42.11%.
• The company projected earnings per share (EPS) guidance for Q3 2026 at 0.690-0.790 EPS, with analysts predicting an EPS of 0.91 for the current fiscal year.

Analog Century Management LP decreased its holdings in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 10.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 656,961 shares of the semiconductor company's stock after selling 78,612 shares during the period. Marvell Technology comprises approximately 3.3% of Analog Century Management LP's holdings, making the stock its 17th largest holding. Analog Century Management LP owned approximately 0.08% of Marvell Technology worth $40,449,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hughes Financial Services LLC purchased a new stake in Marvell Technology in the first quarter worth $26,000. Rossby Financial LCC purchased a new stake in Marvell Technology in the first quarter worth $27,000. Financial Connections Group Inc. increased its stake in Marvell Technology by 776.0% in the first quarter. Financial Connections Group Inc. now owns 438 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 388 shares during the period. Vision Financial Markets LLC purchased a new stake in Marvell Technology in the first quarter worth $28,000. Finally, Security National Bank purchased a new position in shares of Marvell Technology during the first quarter valued at $31,000. Hedge funds and other institutional investors own 83.51% of the company's stock.

Marvell Technology Price Performance

Shares of MRVL stock opened at $77.23 on Friday. Marvell Technology, Inc. has a 1-year low of $47.08 and a 1-year high of $127.48. The stock's 50-day moving average is $74.90 and its 200 day moving average is $71.08. The company has a market cap of $66.71 billion, a P/E ratio of -135.49, a PEG ratio of 0.81 and a beta of 1.83. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.30 and a quick ratio of 0.94.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, meeting analysts' consensus estimates of $0.67. Marvell Technology had a positive return on equity of 8.42% and a negative net margin of 7.56%.The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the company earned $0.30 earnings per share. The firm's revenue for the quarter was up 57.6% compared to the same quarter last year. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. Research analysts predict that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Friday, July 11th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Friday, July 11th. Marvell Technology's dividend payout ratio (DPR) is currently -42.11%.

Insiders Place Their Bets

In other Marvell Technology news, CAO Panteha Dixon sold 1,283 shares of the firm's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $68.50, for a total value of $87,885.50. Following the completion of the sale, the chief accounting officer owned 29,572 shares of the company's stock, valued at approximately $2,025,682. This trade represents a 4.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Willem A. Meintjes sold 1,500 shares of the firm's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $68.52, for a total value of $102,780.00. Following the completion of the sale, the chief financial officer directly owned 121,348 shares of the company's stock, valued at approximately $8,314,764.96. This represents a 1.22% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,783 shares of company stock valued at $407,716. 0.19% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Raymond James Financial restated an "outperform" rating and set a $90.00 price target (down previously from $110.00) on shares of Marvell Technology in a research note on Friday, May 30th. B. Riley restated a "buy" rating and set a $115.00 price target (up previously from $110.00) on shares of Marvell Technology in a research note on Wednesday, June 18th. Wall Street Zen lowered Marvell Technology from a "buy" rating to a "hold" rating in a research note on Sunday, August 17th. Melius Research raised their price target on Marvell Technology from $67.00 to $76.00 and gave the company a "hold" rating in a research note on Wednesday, June 18th. Finally, Bank of America raised their price target on Marvell Technology from $80.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $94.70.

About Marvell Technology

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.

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