Nkcfo LLC increased its stake in Marvell Technology to 10,400 shares valued at $727,000.
Nkcfo LLC increased its stake in Marvell Technology, now holding 10,400 shares valued at $727,000. Other hedge funds also boosted their positions, with notable increases from Capital Research and Vanguard. Analysts have varied ratings, with price targets rising up to $115. Marvell reported Q2 earnings of $0.30 per share and revenue of $1.27 billion, exceeding estimates. Institutional investors control 83.51% of the company's stock.
September 21, 2024
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