Key Points
- CEO Matthew Murphy sold 30,000 shares on March 26 at an average price of $98.70 for about $2.96 million, leaving him with 310,106 shares (an 8.82% reduction in his position).
- Marvell beat quarterly expectations with $0.80 EPS and $2.22 billion revenue (up 22.1% YoY), set Q1 2027 guidance of $0.740–$0.840 EPS, and analysts highlight strong AI‑driven data‑center demand (data‑center revenues cited at $6.1B, ~21% growth) as a key growth driver.
- The stock was down about 2.9%, analysts have lifted price targets leaving a consensus "Moderate Buy" (average target $117.24), and the company announced a quarterly dividend of $0.06 (annualized $0.24, ~0.3% yield).
Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) CEO Matthew Murphy sold 30,000 shares of the firm's stock in a transaction on Thursday, March 26th. The shares were sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the sale, the chief executive officer owned 310,106 shares in the company, valued at approximately $30,607,462.20. This trade represents a 8.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Marvell Technology Stock Down 2.9%
Shares of NASDAQ:MRVL opened at $94.88 on Friday. The firm has a market capitalization of $82.97 billion, a PE ratio of 30.81, a price-to-earnings-growth ratio of 0.86 and a beta of 1.97. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $102.77. The firm has a fifty day moving average of $83.36 and a 200 day moving average of $84.46.
Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.01. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter last year, the business posted $0.60 earnings per share. The company's revenue for the quarter was up 22.1% on a year-over-year basis. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, research analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.
Marvell Technology Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 10th will be given a $0.06 dividend. The ex-dividend date is Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. Marvell Technology's payout ratio is presently 7.79%.
Marvell Technology News Roundup
Here are the key news stories impacting Marvell Technology this week:
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on MRVL shares. Wells Fargo & Company boosted their price objective on shares of Marvell Technology from $90.00 to $135.00 and gave the stock an "overweight" rating in a report on Wednesday, December 3rd. UBS Group raised their price objective on Marvell Technology from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Monday, February 23rd. KeyCorp lifted their price objective on Marvell Technology from $90.00 to $130.00 and gave the stock an "overweight" rating in a report on Wednesday, December 3rd. Evercore restated an "outperform" rating and set a $133.00 target price on shares of Marvell Technology in a report on Wednesday, March 4th. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Marvell Technology in a research note on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $117.24.
View Our Latest Report on Marvell Technology
Institutional Investors Weigh In On Marvell Technology
Large investors have recently made changes to their positions in the business. Laurel Wealth Advisors LLC purchased a new position in shares of Marvell Technology during the fourth quarter valued at approximately $25,000. Jessup Wealth Management Inc purchased a new stake in Marvell Technology in the fourth quarter worth $25,000. Cherry Tree Wealth Management LLC purchased a new stake in Marvell Technology in the fourth quarter worth $26,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in Marvell Technology by 160.0% in the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 200 shares in the last quarter. Finally, MidFirst Bank purchased a new position in Marvell Technology during the 4th quarter valued at $28,000. 83.51% of the stock is currently owned by institutional investors.
About Marvell Technology
(
Get Free Report)
Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company's product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell's technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.
Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
