Blue Jean Financial LLC Makes New Investment in Marvell Technology, Inc. $MRVL

Key Points

• Blue Jean Financial LLC initiated a 13,452-share position in Marvell Technology during the third quarter, valued at approximately $3.55 million and representing 2.2% of its portfolio. Institutional investors collectively own 83.51% of Marvell’s stock.
• Marvell reported quarterly earnings of $0.94 per share and revenue of $2.74 billion, narrowly exceeding analyst expectations, while revenue increased 36.5% year over year. The company also declared a quarterly dividend of $0.06 per share.
• Analysts remain broadly positive, with the stock receiving a “Moderate Buy” consensus rating and an average price target of $327.36, supported by optimism surrounding Marvell’s AI infrastructure business.

Blue Jean Financial LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 13,452 shares of the semiconductor company's stock, valued at approximately $3,554,000. Marvell Technology makes up approximately 2.2% of Blue Jean Financial LLC's investment portfolio, making the stock its 10th largest position.

A number of other large investors have also recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC raised its position in Marvell Technology by 978.3% in the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company's stock valued at $25,000 after buying an additional 225 shares during the last quarter. Investment Research & Advisory Group Inc. acquired a new position in Marvell Technology during the 3rd quarter worth approximately $25,000. C M Bidwell & Associates Ltd. acquired a new position in Marvell Technology during the 2nd quarter worth approximately $27,000. MidFirst Bank bought a new position in shares of Marvell Technology during the 4th quarter worth approximately $28,000. Finally, Aberdeen Wealth Management LLC bought a new position in shares of Marvell Technology during the 2nd quarter worth approximately $30,000. Institutional investors own 83.51% of the company's stock.

Marvell Technology Trading Up 1.4%

Shares of Marvell Technology stock opened at $240.42 on Wednesday. The stock has a market cap of $210.82 billion, a P/E ratio of 79.35, a P/E/G ratio of 7.07 and a beta of 2.26. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 12-month low of $70.68 and a 12-month high of $329.88. The business's 50 day moving average is $242.27 and its 200-day moving average is $218.93.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.01. The business had revenue of $2.74 billion during the quarter, compared to analysts' expectations of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The firm's revenue was up 36.5% on a year-over-year basis. During the same period last year, the business earned $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Equities research analysts predict that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Friday, October 9th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, October 9th. Marvell Technology's dividend payout ratio (DPR) is 7.92%.

Marvell Technology News Summary

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

• Positive Sentiment: Analysts and investors remain optimistic about Marvell’s AI opportunity. Coverage highlights robust demand for AI infrastructure products, improving long-term revenue visibility, and the company’s reported six-year, $120 billion agreement with Alphabet. Is Marvell Technology a Millionaire-Maker Stock?
• Positive Sentiment: GF Securities said a reported delay to Google’s next tensor processing unit should not materially damage Marvell’s position among custom-chip suppliers, helping ease concerns about near-term project timing. Marvell Jumps as Google Chip Delay Is Viewed as Manageable
• Positive Sentiment: Recent analyst support, including a fair-value increase tied to AI growth expectations, is reinforcing the bullish case for MRVL. Marvell Stock Sees Fair Value Lift
• Positive Sentiment: Marvell’s upcoming dividend payment provides a modest income-related catalyst and may attract investors seeking exposure to semiconductor infrastructure. Marvell to Pay Dividends Next Week

Analysts Set New Price Targets

MRVL has been the topic of a number of recent research reports. Evercore reiterated an "outperform" rating and issued a $433.00 price objective on shares of Marvell Technology in a report on Tuesday, October 6th. Craig Hallum restated a "buy" rating and set a $380.00 target price on shares of Marvell Technology in a report on Wednesday, October 7th. Needham & Company LLC boosted their price target on shares of Marvell Technology from $300.00 to $400.00 and gave the stock a "buy" rating in a research report on Wednesday, October 7th. Morgan Stanley increased their price objective on shares of Marvell Technology from $268.00 to $300.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 7th. Finally, Citigroup increased their price objective on shares of Marvell Technology from $225.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, August 21st. Three analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $327.36.

Insider Activity

In other news, insider Sandeep Bharathi sold 3,685 shares of the business's stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $234.97, for a total transaction of $865,864.45. Following the transaction, the insider directly owned 58,748 shares in the company, valued at $13,804,017.56. The trade was a 5.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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. Also, COO Chris Koopmans sold 10,000 shares of the company's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the sale, the chief operating officer directly owned 227,941 shares in the company, valued at approximately $41,143,350.50. The trade was a 4.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,285 shares of company stock valued at $12,837,063 over the last quarter. 0.12% of the stock is currently owned by company insiders.

Marvell Technology Company Profile

Marvell Technology, Inc NASDAQ: MRVL is a semiconductor company that develops infrastructure solutions for data centers, telecommunications networks, enterprise systems, automotive applications and other connected markets. Its products are designed to support the movement, processing, storage and security of data across complex computing and communications environments.

The company's portfolio includes data-processing and networking processors, custom application-specific integrated circuits, Ethernet switches and controllers, storage controllers, connectivity products, and electro-optics solutions.

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