Raiffeisen Bank International AG boosted its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 13.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 165,141 shares of the semiconductor company’s stock after purchasing an additional 20,177 shares during the period. Raiffeisen Bank International AG’s holdings in Marvell Technology were worth $14,328,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Keel Point LLC lifted its stake in Marvell Technology by 2.2% in the fourth quarter. Keel Point LLC now owns 5,649 shares of the semiconductor company’s stock valued at $480,000 after acquiring an additional 124 shares during the last quarter. Faithward Advisors LLC lifted its stake in shares of Marvell Technology by 2.1% in the third quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock worth $525,000 after buying an additional 126 shares during the last quarter. SouthState Bank Corp lifted its stake in shares of Marvell Technology by 17.6% in the fourth quarter. SouthState Bank Corp now owns 863 shares of the semiconductor company’s stock worth $73,000 after buying an additional 129 shares during the last quarter. South Plains Financial Inc. lifted its stake in shares of Marvell Technology by 1.6% in the third quarter. South Plains Financial Inc. now owns 8,454 shares of the semiconductor company’s stock worth $711,000 after buying an additional 130 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its stake in shares of Marvell Technology by 1.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 10,546 shares of the semiconductor company’s stock worth $896,000 after buying an additional 132 shares during the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.
Key Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Marvell’s planned addition to the S&P 500 on June 22 is driving buying interest, since index funds and ETFs will need to add the stock. Why Is Marvell Technology (MRVL) Stock Soaring Today
- Positive Sentiment: Erste Group Bank raised its FY2027 and FY2028 earnings estimates for Marvell and kept a Buy rating, signaling stronger profit expectations ahead.
- Positive Sentiment: The company said CFO Willem Meintjes will retire and be replaced by Dan Durn, a move some analysts viewed as a smooth transition rather than a disruption. Marvell Announces CFO Transition
- Positive Sentiment: Investor enthusiasm remains high around Marvell’s AI infrastructure exposure, especially in optical interconnects and custom silicon, which continues to support the stock’s longer-term rally.
- Neutral Sentiment: Several articles focused on whether the recent surge makes Marvell too expensive to buy now, reflecting valuation concerns rather than a clear change in fundamentals.
- Negative Sentiment: Recent pullbacks show some traders are worried the S&P 500 inclusion could become a “sell-the-news” event after a very sharp year-to-date move.
Insider Activity at Marvell Technology
Marvell Technology Stock Up 11.1%
MRVL opened at $280.71 on Friday. The firm’s 50-day simple moving average is $179.03 and its 200-day simple moving average is $118.22. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $324.20. The firm has a market cap of $245.57 billion, a price-to-earnings ratio of 96.13, a PEG ratio of 1.64 and a beta of 2.29.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.80. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm’s quarterly revenue was up 27.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts anticipate that Marvell Technology, Inc. will post 3.1 EPS for the current fiscal year.
Marvell Technology Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were given a dividend of $0.06 per share. The ex-dividend date was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio is presently 8.22%.
Analyst Upgrades and Downgrades
MRVL has been the subject of a number of analyst reports. Rosenblatt Securities boosted their price objective on shares of Marvell Technology from $190.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Melius Research set a $220.00 target price on shares of Marvell Technology in a research note on Monday, May 18th. Benchmark upped their target price on shares of Marvell Technology from $130.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Jefferies Financial Group boosted their price target on shares of Marvell Technology from $149.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Royal Bank Of Canada boosted their price target on shares of Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued 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 an average price target of $218.58.
View Our Latest Analysis on MRVL
Marvell Technology Profile
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.
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