ING Groep NV Purchases 507,819 Shares of Marvell Technology, Inc. $MRVL

Posted by Francis Steltz on Jun 7th, 2026

ING Groep NV raised its position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 337.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 658,507 shares of the semiconductor company’s stock after buying an additional 507,819 shares during the period. ING Groep NV’s holdings in Marvell Technology were worth $55,960,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in Marvell Technology during the fourth quarter worth about $25,000. Cherry Tree Wealth Management LLC bought a new position in Marvell Technology during the fourth quarter worth about $26,000. Elyxium Wealth LLC bought a new position in Marvell Technology during the fourth quarter worth about $40,000. Strive Asset Management LLC acquired a new position in Marvell Technology in the 3rd quarter worth $42,000. Finally, Avalon Trust Co boosted its stake in Marvell Technology by 70.6% in the 3rd quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 269 shares during the period. 83.51% of the stock is currently owned by institutional investors.

Marvell Technology Stock Down 16.7%

Shares of NASDAQ:MRVL opened at $263.47 on Friday. The stock has a market capitalization of $230.48 billion, a price-to-earnings ratio of 90.23, a PEG ratio of 1.75 and a beta of 2.29. The stock has a fifty day simple moving average of $164.84 and a two-hundred day simple moving average of $112.56. Marvell Technology, Inc. has a 12-month low of $61.44 and a 12-month high of $324.20. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same quarter last year, the company earned $0.62 EPS. The company’s quarterly revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, research analysts anticipate that Marvell Technology, Inc. will post 3.08 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were issued a $0.06 dividend. The ex-dividend date was Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s payout ratio is currently 8.22%.

Key Stories Impacting Marvell Technology

Here are the key news stories impacting Marvell Technology this week:

Positive Sentiment: Raymond James raised its price target on Marvell to $235 from $105 and reiterated a Strong Buy rating, reflecting continued analyst confidence. Raymond James Raises its Price Target on Marvell (MRVL) to $235 from $105
Neutral Sentiment: Marvell received unusual call-option activity, which may signal trader interest, but it does not by itself change the fundamental outlook.
Neutral Sentiment: There was ongoing speculation that Marvell could be added to the S&P 500 in an upcoming index rebalancing, which could provide a passive-fund boost if it happens.
Negative Sentiment: Broader chip stocks sold off after Broadcom’s outlook disappointed Wall Street, dragging MRVL down with the sector. Micron, Marvell, and Broadcom lead chipmakers’ premarket losses
Negative Sentiment: Several reports warned that Marvell was overbought after its rapid run-up, making it vulnerable to profit-taking and a momentum unwind. Why Is Marvell Technology Stock Falling On Friday?

Wall Street Analyst Weigh In

A number of research firms have weighed in on MRVL. Citigroup raised their price target on Marvell Technology from $118.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Susquehanna raised their price objective on Marvell Technology from $100.00 to $230.00 and gave the company a “positive” rating in a research report on Tuesday, May 26th. Barclays raised their price objective on Marvell Technology from $150.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Stifel Nicolaus set a $321.00 price objective on Marvell Technology in a research report on Tuesday. Finally, Compass Point set a $190.00 price objective on Marvell Technology in a research report on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $218.58.

Get Our Latest Analysis on Marvell Technology

Insider Activity at Marvell Technology

In related news, insider Sandeep Bharathi sold 66,892 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the completion of the transaction, the insider directly owned 55,199 shares of the company’s stock, valued at approximately $7,195,189.65. This represents a 54.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $205.87, for a total value of $2,058,700.00. Following the completion of the sale, the chief operating officer owned 237,392 shares of the company’s stock, valued at approximately $48,871,891.04. The trade was a 4.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 255,060 shares of company stock valued at $31,959,772 over the last three months. Company insiders own 0.12% of the company’s stock.

Marvell Technology Profile

(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.