SWS Partners Has $4.22 Million Stock Position in Marvell Technology, Inc. $MRVL

Key Points

• SWS Partners increased its stake in Marvell Technology by 27.8% in Q1, now holding 68,476 shares valued at $4.2 million, making it the firm’s 16th largest investment.
• A majority of Marvell's stock, about 83.51%, is owned by institutional investors, with several firms, such as Nuveen Asset Management, significantly boosting their stakes in recent quarters.
• Analyst ratings for Marvell range from "Strong Buy" to "Sell," with an average price target of $90.50, reflecting a generally positive sentiment despite some recent downward adjustments in expected price objectives.

SWS Partners grew its stake in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 27.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,476 shares of the semiconductor company's stock after purchasing an additional 14,884 shares during the period. Marvell Technology makes up approximately 1.3% of SWS Partners' holdings, making the stock its 16th largest holding. SWS Partners' holdings in Marvell Technology were worth $4,216,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

A number of research firms recently commented on MRVL. China Renaissance initiated coverage on shares of Marvell Technology in a research report on Thursday, June 5th. They issued a "buy" rating and a $110.00 price objective for the company. The Goldman Sachs Group initiated coverage on Marvell Technology in a report on Thursday, July 10th. They issued a "neutral" rating and a $75.00 price objective for the company. Jefferies Financial Group cut their target price on shares of Marvell Technology from $90.00 to $80.00 and set a "buy" rating for the company in a research note on Friday, August 29th. Bank of America restated a "neutral" rating and set a $78.00 price objective (down from $90.00) on shares of Marvell Technology in a research report on Friday, August 29th. Finally, B. Riley restated a "buy" rating and set a $115.00 price objective (up from $110.00) on shares of Marvell Technology in a research report on Wednesday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $90.50.

Marvell Technology Price Performance

NASDAQ:MRVL traded up $0.76 during mid-day trading on Friday, reaching $67.35. The stock had a trading volume of 14,848,046 shares, compared to its average volume of 22,773,116. The stock has a 50-day simple moving average of $72.57 and a two-hundred day simple moving average of $67.87. The stock has a market capitalization of $58.06 billion, a PE ratio of -518.08, a P/E/G ratio of 0.80 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.88 and a quick ratio of 1.44. 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 posted its earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, hitting analysts' consensus estimates of $0.67. The firm had revenue of $2.01 billion for the quarter, compared to analysts' expectations of $2.01 billion. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The company's revenue was up 57.6% on a year-over-year basis. During the same quarter in the previous 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 analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Insider Transactions at Marvell Technology

In other news, CFO Willem A. Meintjes sold 1,500 shares of Marvell Technology stock in a transaction on Monday, June 16th. The shares were sold at an average price of $68.52, for a total transaction of $102,780.00. Following the transaction, the chief financial officer owned 121,348 shares in the company, valued at approximately $8,314,764.96. The trade was a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Panteha Dixon sold 1,283 shares of Marvell Technology stock in a transaction on 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 in the company, 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. Over the last 90 days, insiders have sold 5,783 shares of company stock worth $407,716. Company insiders own 0.19% of the company's stock.

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.