Guild Investment Management Inc. Invests $1.12 Million in Marvell Technology, Inc. $MRVL

Key Points

• Guild Investment Management Inc. has invested $1.12 million in Marvell Technology, Inc., acquiring 14,455 shares during the second quarter.
• Marvell reported a quarterly earnings per share of $0.67, meeting analyst expectations, with a revenue of $2.01 billion—up 57.6% year-over-year.
• The company has announced a share repurchase program allowing it to acquire up to $5.00 billion in its own shares, signaling management's belief in the stock's undervaluation.

Guild Investment Management Inc. acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 14,455 shares of the semiconductor company's stock, valued at approximately $1,119,000.

Several other institutional investors have also recently made changes to their positions in the stock. Harbor Capital Advisors Inc. boosted its position in shares of Marvell Technology by 0.8% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 19,945 shares of the semiconductor company's stock valued at $1,544,000 after acquiring an additional 151 shares during the last quarter. CHICAGO TRUST Co NA raised its holdings in Marvell Technology by 3.5% during the 2nd quarter. CHICAGO TRUST Co NA now owns 4,703 shares of the semiconductor company's stock valued at $364,000 after buying an additional 158 shares during the period. Synovus Financial Corp lifted its position in Marvell Technology by 3.5% in the first quarter. Synovus Financial Corp now owns 4,791 shares of the semiconductor company's stock worth $295,000 after buying an additional 161 shares during the last quarter. PFG Investments LLC lifted its position in Marvell Technology by 2.6% in the second quarter. PFG Investments LLC now owns 6,757 shares of the semiconductor company's stock worth $523,000 after buying an additional 174 shares during the last quarter. Finally, V Square Quantitative Management LLC lifted its position in Marvell Technology by 1.6% in the second quarter. V Square Quantitative Management LLC now owns 11,032 shares of the semiconductor company's stock worth $854,000 after buying an additional 177 shares during the last quarter. Institutional investors own 83.51% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on MRVL shares. Barclays restated an "overweight" rating and issued a $80.00 price target on shares of Marvell Technology in a research report on Friday, August 29th. Melius Research raised their price target on Marvell Technology from $67.00 to $76.00 and gave the stock a "hold" rating in a research report on Wednesday, June 18th. BNP Paribas upgraded Marvell Technology to a "strong-buy" rating in a research report on Friday, August 29th. TD Cowen restated a "hold" rating and issued a $85.00 price target (down from $90.00) on shares of Marvell Technology in a research report on Wednesday, October 1st. Finally, JPMorgan Chase & Co. reduced their target price on Marvell Technology from $130.00 to $120.00 and set an "overweight" rating on the stock in a research note on Friday, August 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, Marvell Technology currently has an average rating of "Moderate Buy" and an average price target of $91.67.

Marvell Technology Stock Performance

Shares of Marvell Technology stock opened at $86.97 on Wednesday. The firm has a market cap of $74.98 billion, a P/E ratio of -669.00, a P/E/G ratio of 1.09 and a beta of 1.94. The company has a current ratio of 1.88, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. Marvell Technology, Inc. has a 12 month low of $47.08 and a 12 month high of $127.48. The stock's fifty day moving average price is $74.74 and its 200-day moving average price is $68.39.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.01 billion. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The business's revenue for the quarter was up 57.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. On average, equities research analysts expect that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business 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 dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. Marvell Technology's dividend payout ratio (DPR) is presently -184.62%.

Marvell Technology declared that its board has authorized a share repurchase program on Wednesday, September 24th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the semiconductor company to reacquire up to 7.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

Insider Activity at Marvell Technology

In related news, CEO Matthew J. Murphy acquired 13,600 shares of the company's stock in a transaction that occurred on Thursday, September 25th. The shares were bought at an average price of $77.09 per share, with a total value of $1,048,424.00. Following the completion of the transaction, the chief executive officer directly owned 268,637 shares in the company, valued at $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 Securities & Exchange Commission, which can be accessed through this link. Also, insider Sandeep Bharathi acquired 3,400 shares of the company's stock in a transaction that occurred on Thursday, September 25th. The shares were bought at an average cost of $78.03 per share, for a total transaction of $265,302.00. Following the transaction, the insider owned 73,392 shares of the company's stock, valued at $5,726,777.76. This represents a 4.86% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 27,200 shares of company stock valued at $2,109,632 over the last 90 days. Company insiders own 0.33% of the company's stock.

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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