Marvell Technology (NASDAQ:MRVL - Get Free Report) is projected to post its Q1 2026 quarterly earnings results after the market closes on Thursday, May 29th. Analysts expect Marvell Technology to post earnings of $0.61 per share and revenue of $1.88 billion for the quarter.
Marvell Technology Price Performance
Marvell Technology stock traded down $1.16 during mid-day trading on Friday, hitting $60.69. 17,433,643 shares of the company were exchanged, compared to its average volume of 14,195,952. The company has a quick ratio of 1.11, a current ratio of 1.60 and a debt-to-equity ratio of 0.30. The business has a fifty day moving average of $59.58 and a 200 day moving average of $87.84. Marvell Technology has a 1-year low of $47.09 and a 1-year high of $127.48. The company has a market capitalization of $52.43 billion, a PE ratio of -35.70, a price-to-earnings-growth ratio of 1.61 and a beta of 1.83.
Marvell Technology Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Friday, April 11th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, April 11th. This represents a $0.24 dividend on an annualized basis and a yield of 0.40%. Marvell Technology's dividend payout ratio (DPR) is presently -23.53%.
Insider Buying and Selling at Marvell Technology
In other Marvell Technology news, EVP Mark Casper sold 626 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $61.10, for a total transaction of $38,248.60. Following the sale, the executive vice president now directly owns 626 shares in the company, valued at approximately $38,248.60. This trade represents a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Brad W. Buss bought 3,000 shares of Marvell Technology stock in a transaction that occurred on Friday, March 7th. The stock was bought at an average cost of $69.00 per share, with a total value of $207,000.00. Following the completion of the purchase, the director now owns 87,113 shares in the company, valued at approximately $6,010,797. This trade represents a 3.57% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 33,541 shares of company stock valued at $2,079,948. Company insiders own 0.19% of the company's stock.
Hedge Funds Weigh In On Marvell Technology
A hedge fund recently raised its stake in Marvell Technology stock. Intech Investment Management LLC boosted its position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 3.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,784 shares of the semiconductor company's stock after buying an additional 1,085 shares during the quarter. Intech Investment Management LLC's holdings in Marvell Technology were worth $1,772,000 as of its most recent filing with the SEC. 83.51% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on MRVL. UBS Group dropped their price target on Marvell Technology from $110.00 to $100.00 and set a "buy" rating for the company in a report on Monday, May 19th. Needham & Company LLC dropped their price target on Marvell Technology from $120.00 to $100.00 and set a "buy" rating for the company in a report on Thursday, March 6th. Loop Capital raised Marvell Technology from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a report on Thursday, March 6th. Raymond James set a $110.00 price target on shares of Marvell Technology in a research report on Thursday, March 6th. Finally, Melius Research downgraded shares of Marvell Technology from a "strong-buy" rating to a "hold" rating and set a $66.00 price target on the stock. in a research report on Thursday. Six analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $104.52.
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About Marvell Technology
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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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