Marvell Technology, Inc. $MRVL Shares Sold by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors LP has reduced its holdings in Marvell Technology by 20.9%, now owning approximately 2,060,635 shares worth about $126.88 million.
• Marvell Technology recently reported an earnings per share (EPS) of $0.62 for the last quarter, exceeding analyst expectations and demonstrating a revenue growth of 63.3% compared to the previous year.
• Despite some fluctuations in analyst ratings, the stock maintains an average rating of "Moderate Buy" with a consensus price target of $94.70.

Dimensional Fund Advisors LP decreased its holdings in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 20.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,060,635 shares of the semiconductor company's stock after selling 544,986 shares during the period. Dimensional Fund Advisors LP owned about 0.24% of Marvell Technology worth $126,882,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Coldstream Capital Management Inc. grew its holdings in Marvell Technology by 1.0% in the fourth quarter. Coldstream Capital Management Inc. now owns 11,344 shares of the semiconductor company's stock worth $1,253,000 after purchasing an additional 116 shares during the last quarter. Virtue Capital Management LLC grew its holdings in Marvell Technology by 2.1% in the fourth quarter. Virtue Capital Management LLC now owns 7,752 shares of the semiconductor company's stock worth $856,000 after purchasing an additional 163 shares during the last quarter. Kolinsky Wealth Management LLC grew its holdings in Marvell Technology by 3.3% in the fourth quarter. Kolinsky Wealth Management LLC now owns 5,628 shares of the semiconductor company's stock worth $622,000 after purchasing an additional 181 shares during the last quarter. Denali Advisors LLC grew its holdings in Marvell Technology by 2.3% in the first quarter. Denali Advisors LLC now owns 8,713 shares of the semiconductor company's stock worth $536,000 after purchasing an additional 200 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in Marvell Technology by 5.0% in the first quarter. Dynamic Advisor Solutions LLC now owns 4,313 shares of the semiconductor company's stock worth $266,000 after purchasing an additional 206 shares during the last quarter. Institutional investors own 83.51% of the company's stock.

Insider Activity at Marvell Technology

In related news, EVP Mark Casper sold 3,000 shares of the company's stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $72.35, for a total transaction of $217,050.00. Following the completion of the transaction, the executive vice president owned 17,163 shares in the company, valued at $1,241,743.05. This represents a 14.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Panteha Dixon sold 1,283 shares of the company's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $68.50, for a total transaction of $87,885.50. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders sold 5,783 shares of company stock worth $407,716 over the last three months. Company insiders own 0.19% of the company's stock.

Marvell Technology Stock Performance

NASDAQ MRVL traded up $1.79 on Friday, reaching $73.00. 14,399,279 shares of the company's stock traded hands, compared to its average volume of 16,045,754. The firm has a market cap of $63.06 billion, a price-to-earnings ratio of -128.07, a P/E/G ratio of 0.79 and a beta of 1.83. The stock has a 50 day moving average price of $74.72 and a 200-day moving average price of $71.87. Marvell Technology, Inc. has a fifty-two week low of $47.08 and a fifty-two week high of $127.48. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.94 and a current ratio of 1.30.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last posted its earnings results on Thursday, May 29th. The semiconductor company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.01. The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.88 billion. Marvell Technology had a negative net margin of 7.56% and a positive return on equity of 8.42%. The firm's quarterly revenue was up 63.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.24 earnings per share. Marvell Technology has set its Q2 2026 guidance at 0.620-0.720 EPS. Equities research analysts predict that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Friday, July 11th were given a dividend of $0.06 per share. The ex-dividend date was Friday, July 11th. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. Marvell Technology's payout ratio is currently -42.11%.

Analyst Upgrades and Downgrades

MRVL has been the topic of several analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and issued a $124.00 price target on shares of Marvell Technology in a report on Wednesday, June 18th. TD Cowen boosted their price objective on shares of Marvell Technology from $60.00 to $70.00 and gave the company a "buy" rating in a report on Friday, May 30th. Wells Fargo & Company dropped their price objective on shares of Marvell Technology from $120.00 to $95.00 and set an "overweight" rating on the stock in a report on Friday, May 30th. UBS Group reissued a "buy" rating on shares of Marvell Technology in a report on Monday, June 2nd. Finally, China Renaissance initiated coverage on shares of Marvell Technology in a report on Thursday, June 5th. They set a "buy" rating and a $110.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Marvell Technology currently has a consensus rating of "Moderate Buy" and a consensus target price of $94.70.

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.