Jackson Square Capital LLC Has $7.54 Million Stock Position in Marvell Technology, Inc. $MRVL

Key Points

• Jackson Square Capital LLC significantly increased its stake in Marvell Technology, raising its ownership by 2,458.4% in Q2, now holding a total of 97,424 shares valued at approximately $7.54 million.
• Various institutional investors have also adjusted their positions in MRVL, with 83.51% of the stock currently held by institutional investors and hedge funds.
• Marvell Technology recently reported earnings of $0.67 EPS for the quarter, meeting analysts' expectations, and has a strong guidance with an anticipated EPS range of 0.690-0.790 for Q3 2026.

Jackson Square Capital LLC lifted its stake in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 2,458.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,424 shares of the semiconductor company's stock after buying an additional 93,616 shares during the period. Marvell Technology makes up 1.7% of Jackson Square Capital LLC's portfolio, making the stock its 18th biggest position. Jackson Square Capital LLC's holdings in Marvell Technology were worth $7,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Ratings Changes

A number of research analysts recently commented on MRVL shares. Morgan Stanley reduced their price target on Marvell Technology from $80.00 to $76.00 and set an "equal weight" rating for the company in a report on Friday, August 29th. The Goldman Sachs Group initiated coverage on Marvell Technology in a research note on Thursday, July 10th. They set a "neutral" rating and a $75.00 price objective on the stock. Wells Fargo & Company cut their price objective on Marvell Technology from $95.00 to $90.00 and set an "overweight" rating on the stock in a research note on Friday, August 29th. Bank of America reiterated a "neutral" rating and set a $78.00 price target (down from $90.00) on shares of Marvell Technology in a research report on Friday, August 29th. Finally, Susquehanna lowered their target price on Marvell Technology from $110.00 to $90.00 and set a "positive" rating on the stock in a research report on Tuesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $90.50.

Marvell Technology Stock Performance

NASDAQ:MRVL traded up $0.03 during mid-day trading on Friday, hitting $74.26. 31,771,842 shares of the company's stock traded hands, compared to its average volume of 24,598,630. Marvell Technology, Inc. has a 12 month low of $47.08 and a 12 month high of $127.48. The company has a current ratio of 1.88, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $64.02 billion, a price-to-earnings ratio of -571.23, a price-to-earnings-growth ratio of 0.90 and a beta of 1.85. The firm has a 50 day moving average of $72.45 and a two-hundred day moving average of $67.26.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its quarterly earnings results 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 positive return on equity of 11.01% and a negative net margin of 1.43%.The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same period in the previous year, the company posted $0.30 earnings per share. The company's quarterly revenue 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. On average, equities analysts forecast 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. Stockholders of record on Friday, October 10th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology's dividend payout ratio is currently -184.62%.

Insider Buying and Selling at Marvell Technology

In other news, EVP Mark Casper sold 3,000 shares of the company's stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $72.35, for a total value of $217,050.00. Following the sale, the executive vice president directly owned 17,163 shares in the company, valued at approximately $1,241,743.05. This represents a 14.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.19% of the company's stock.

Marvell Technology 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.