<div id="readability-page-1"><p>Greenwood Capital Associates LLC bought a new position in shares of  Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The fund bought 35,396 shares of the semiconductor company's stock, valued at approximately $2,976,000.</p><div><p><span></span><span>Get <strong>Marvell Technology</strong> alerts:</span></p></div><ul><li>MRVL, AMZN and MSFT: Breaking Down the Wall Street Controversy</li></ul><p>Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of  Marvell Technology by 1.1% in the second quarter. Vanguard Group Inc. now owns 64,443,232 shares of the semiconductor company's stock worth $4,987,906,000 after purchasing an additional 673,110 shares during the last quarter.  Brown Advisory Inc. increased its holdings in shares of  Marvell Technology by 8.0% in the 2nd quarter. Brown Advisory Inc. now owns 20,840,336 shares of the semiconductor company's stock worth $1,613,044,000 after buying an additional 1,539,809 shares during the last quarter.  State Street Corp raised its position in shares of  Marvell Technology by 2.7% during the 2nd quarter. State Street Corp now owns 20,573,260 shares of the semiconductor company's stock valued at $1,592,370,000 after buying an additional 533,946 shares in the last quarter.  Ameriprise Financial Inc. lifted its holdings in shares of  Marvell Technology by 16.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 10,406,875 shares of the semiconductor company's stock worth $805,473,000 after acquiring an additional 1,464,571 shares during the last quarter.  Finally, Norges Bank bought a new stake in shares of  Marvell Technology during the 2nd quarter worth $716,713,000. Hedge funds and other institutional investors own  83.51% of the company's stock. </p><h2>Marvell Technology Trading Down 0.2%</h2><p>Shares of MRVL opened at $86.34 on Friday. The stock has a market capitalization of $73.22 billion, a P/E ratio of 30.29, a PEG ratio of 0.84 and a beta of 1.93. Marvell Technology, Inc. has a twelve month low of $47.08 and a twelve month high of $127.48. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The firm has a fifty day simple moving average of $87.55 and a two-hundred day simple moving average of $79.60. </p><ul><li>3 Recently Downgraded Stocks to Avoid in 2026</li></ul><p>Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its quarterly earnings data on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.74 by $0.02. The firm had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.06 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The company's quarterly revenue was up 36.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS.  On average, research analysts anticipate that  Marvell Technology, Inc. will post 0.91 EPS for the current year. </p><h2>Marvell Technology Dividend Announcement</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Friday, January 9th will be issued a $0.06 dividend. The ex-dividend date is Friday, January 9th. This represents a $0.24 annualized dividend and a yield of 0.3%. Marvell Technology's dividend payout ratio (DPR) is 8.42%. </p><ul><li>Marvell's Rally Extends: Data Centers and AMZN Chips Boost Shares</li></ul><p>Marvell Technology announced that its board has authorized a stock repurchase plan on Wednesday, September 24th that authorizes the company to repurchase $5.00 billion in  outstanding  shares. This repurchase authorization authorizes the semiconductor company to buy up to 7.8% of its stock  through open market purchases. Stock  repurchase plans are typically an indication that the company's leadership believes its stock is undervalued. </p><h2>Analysts Set New Price Targets</h2><p>MRVL has been the topic of a number of research analyst reports. Cantor Fitzgerald  set a $100.00 target price on Marvell Technology in a research note on Tuesday, December 16th. KeyCorp boosted their target price on Marvell Technology from $90.00 to $130.00 and gave the stock an &#34;overweight&#34; rating in a research report on Wednesday, December 3rd. Piper Sandler  set a $110.00 price objective on shares of Marvell Technology in a report on Wednesday, December 3rd. Rosenblatt Securities  reaffirmed a &#34;buy&#34; rating and issued a $95.00 price objective on shares of Marvell Technology in a research note on Monday, December 1st. Finally, HSBC assumed coverage on shares of Marvell Technology in a report on Monday, November 24th. They set a &#34;hold&#34; rating and a $85.00 target price on the stock. Four research analysts have rated the stock with a Strong Buy rating, twenty have issued  a Buy rating and fourteen have issued  a Hold rating to the company. According to data from MarketBeat, Marvell Technology presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $111.25.</p><p><b>View Our Latest Stock Report on Marvell Technology</b></p><h2>Insiders Place Their Bets</h2><p>In other news, EVP Mark Casper sold 1,253 shares of Marvell Technology stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $101.00, for a total value of $126,553.00. Following the sale, the executive vice president directly owned 9,023 shares in the company, valued at approximately $911,323. This trade represents a 12.19% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Company insiders own  0.19% of the company's stock. </p><h2>Marvell Technology Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Marvell Technology</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><strong>Want to see what other hedge funds are holding MRVL?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVL - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVJWTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVJWTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Marvell Technology Right Now?</h2><p>Before you consider Marvell Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marvell Technology wasn't on the list.</p><p>While Marvell Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MRVL

<p>Greenwood Capital Associates LLC acquired 35,396 shares of Marvell Technology, Inc. in the 3rd quarter, valued at approximately $2,976,000. Other institutional investors, including Vanguard Group Inc., Brown Advisory Inc., State Street Corp, and Ameriprise Financial Inc., also increased their holdings. Marvell Technology reported $0.76 EPS for the quarter, with revenue of $2.07 billion. The company announced a $0.06 quarterly dividend and a $5 billion stock repurchase plan. Analysts have set new price targets for the stock, with ratings ranging from 'hold' to 'buy'.</p>

Greenwood Capital Associates LLC Acquires New Stake in Marvell Technology, Inc. $MRVL