Temasek Holdings Private Ltd Decreases Stake in Marvell Technology, Inc. $MRVL

Key Points

• Temasek Holdings reduced its stake in Marvell Technology by 22.9%, currently holding 1,199,201 shares valued at approximately $73.8 million.
• Marvell Technology reported $2.01 billion in revenue for the last quarter, which was a 57.6% increase from the previous year, and an EPS of $0.67, meeting consensus estimates.
• The company recently declared a quarterly dividend of $0.06 per share, resulting in an annualized dividend yield of 0.4%, even with a negative payout ratio of -184.62%.

Temasek Holdings Private Ltd cut its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 22.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,199,201 shares of the semiconductor company's stock after selling 356,757 shares during the quarter. Temasek Holdings Private Ltd owned approximately 0.14% of Marvell Technology worth $73,835,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Chelsea Counsel Co. bought a new position in Marvell Technology during the 4th quarter worth approximately $44,000. Bernard Wealth Management Corp. bought a new position in Marvell Technology during the 4th quarter worth approximately $45,000. Hughes Financial Services LLC bought a new position in Marvell Technology during the 1st quarter worth approximately $26,000. Financial Connections Group Inc. grew its position in Marvell Technology by 776.0% during the 1st quarter. Financial Connections Group Inc. now owns 438 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 388 shares during the last quarter. Finally, Rossby Financial LCC bought a new position in Marvell Technology during the 1st quarter worth approximately $27,000. 83.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 3,000 shares of Marvell Technology stock in a transaction on Friday, July 18th. The stock was 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 approximately $1,241,743.05. The trade was a 14.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Panteha Dixon sold 1,283 shares of Marvell Technology stock in a transaction on Monday, June 16th. The shares were sold at an average price of $68.50, for a total value of $87,885.50. Following the transaction, the chief accounting officer owned 29,572 shares of the company's stock, valued at $2,025,682. The trade was a 4.16% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,783 shares of company stock worth $407,716. 0.19% of the stock is owned by insiders.

Marvell Technology Stock Down 0.1%

Shares of MRVL traded down $0.08 on Thursday, reaching $67.02. The stock had a trading volume of 7,127,552 shares, compared to its average volume of 19,079,588. The firm has a market capitalization of $57.78 billion, a price-to-earnings ratio of -515.71, a price-to-earnings-growth ratio of 0.81 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.44 and a current ratio of 1.88. The company has a 50-day simple moving average of $72.89 and a 200-day simple moving average of $68.45. Marvell Technology, Inc. has a 12-month low of $47.08 and a 12-month high of $127.48.

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

Marvell Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Friday, July 11th were paid 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 0.4%. Marvell Technology's payout ratio is presently -184.62%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MRVL. Melius lowered Marvell Technology from a "buy" rating to a "hold" rating and set a $66.00 price target on the stock. in a research report on Thursday, May 22nd. Raymond James Financial restated an "outperform" rating and set a $90.00 price target (down from $110.00) on shares of Marvell Technology in a research report on Friday, May 30th. Susquehanna reduced their price target 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. China Renaissance initiated coverage on Marvell Technology in a research report on Thursday, June 5th. They set a "buy" rating and a $110.00 price target on the stock. Finally, KeyCorp cut their price objective on Marvell Technology from $115.00 to $90.00 and set an "overweight" rating on the stock in a research report on Friday, May 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $90.50.

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.