Arnhold LLC Grows Holdings in Marvell Technology, Inc. $MRVL

Key Points

• Arnhold LLC increased its stake in Marvell Technology by an astonishing 1,729.4% in Q2, owning 182,943 shares worth approximately $14.16 million.
• CEO Matthew J. Murphy purchased 13,600 shares for about $1.05 million, reflecting confidence in the company as insider trading trends show increased ownership among executives.
• Analysts remain positive on Marvell's outlook, with an average rating of "Moderate Buy" and a price target of approximately $93.06 per share.

Arnhold LLC raised its position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 1,729.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,943 shares of the semiconductor company's stock after purchasing an additional 172,943 shares during the period. Marvell Technology comprises about 1.3% of Arnhold LLC's investment portfolio, making the stock its 28th largest position. Arnhold LLC's holdings in Marvell Technology were worth $14,160,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MRVL. Dynamic Advisor Solutions LLC lifted its holdings in Marvell Technology by 5.0% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 4,313 shares of the semiconductor company's stock valued at $266,000 after purchasing an additional 206 shares in the last quarter. Sagespring Wealth Partners LLC lifted its holdings in shares of Marvell Technology by 9.5% during the 1st quarter. Sagespring Wealth Partners LLC now owns 4,093 shares of the semiconductor company's stock worth $252,000 after acquiring an additional 355 shares during the period. Insigneo Advisory Services LLC lifted its holdings in shares of Marvell Technology by 22.1% during the 1st quarter. Insigneo Advisory Services LLC now owns 3,954 shares of the semiconductor company's stock worth $243,000 after acquiring an additional 716 shares during the period. Cornerstone Wealth Management LLC lifted its holdings in shares of Marvell Technology by 77.2% during the 1st quarter. Cornerstone Wealth Management LLC now owns 5,931 shares of the semiconductor company's stock worth $365,000 after acquiring an additional 2,583 shares during the period. Finally, Kingswood Wealth Advisors LLC lifted its holdings in shares of Marvell Technology by 146.6% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 18,392 shares of the semiconductor company's stock worth $1,149,000 after acquiring an additional 10,935 shares during the period. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Marvell Technology news, CEO Matthew J. Murphy bought 13,600 shares of the company's stock in a transaction dated Thursday, September 25th. The shares were bought at an average price of $77.09 per share, for a total transaction of $1,048,424.00. Following the acquisition, the chief executive officer directly owned 268,637 shares of the company's stock, valued at approximately $20,709,226.33. This trade represents a 5.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Sandeep Bharathi bought 3,400 shares of the company's stock in a transaction dated 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 acquisition, the insider directly owned 73,392 shares in the company, valued at $5,726,777.76. This trade represents a 4.86% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 27,200 shares of company stock valued at $2,109,632. 0.19% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on MRVL shares. Cowen lowered shares of Marvell Technology from a "buy" rating to a "hold" rating in a report on Tuesday, September 30th. The Goldman Sachs Group started coverage on shares of Marvell Technology in a report on Thursday, July 10th. They issued a "neutral" rating and a $75.00 price target on the stock. Needham & Company LLC raised their price target on shares of Marvell Technology from $80.00 to $95.00 and gave the company a "buy" rating in a report on Thursday, September 25th. Evercore ISI cut their price target on shares of Marvell Technology from $133.00 to $122.00 and set an "outperform" rating on the stock in a report on Friday, August 29th. Finally, Benchmark restated a "buy" rating and issued a $95.00 price target on shares of Marvell Technology in a report on Friday, August 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Marvell Technology currently has an average rating of "Moderate Buy" and an average target price of $93.06.

Marvell Technology Stock Down 0.3%

Shares of NASDAQ:MRVL opened at $87.95 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.88 and a debt-to-equity ratio of 0.30. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $127.48. The company has a 50 day moving average of $76.56 and a two-hundred day moving average of $69.62. The company has a market capitalization of $75.82 billion, a price-to-earnings ratio of -676.54, a price-to-earnings-growth ratio of 1.08 and a beta of 1.94.

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 (EPS) for the quarter, meeting the consensus estimate of $0.67. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The company had revenue of $2.01 billion during 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. Marvell Technology's revenue for the quarter was up 57.6% on a year-over-year basis. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. As a group, analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology announced that its Board of Directors has approved a stock buyback plan on Wednesday, September 24th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the semiconductor company to buy up to 7.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Investors of record on Friday, October 10th will be given a $0.06 dividend. The ex-dividend date is Friday, October 10th. This represents a $0.24 annualized dividend and a yield of 0.3%. Marvell Technology's dividend payout ratio (DPR) is currently -184.62%.

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.

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