ExodusPoint Capital Management LP Makes New $31.76 Million Investment in Marvell Technology, Inc. $MRVL

Posted by Brian Himes on Jun 17th, 2026

ExodusPoint Capital Management LP acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 373,736 shares of the semiconductor company’s stock, valued at approximately $31,760,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Keel Point LLC grew its stake in shares of Marvell Technology by 2.2% in the 4th quarter. Keel Point LLC now owns 5,649 shares of the semiconductor company’s stock worth $480,000 after buying an additional 124 shares in the last quarter. Faithward Advisors LLC grew its stake in shares of Marvell Technology by 2.1% in the 3rd quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock worth $525,000 after buying an additional 126 shares in the last quarter. SouthState Bank Corp grew its stake in shares of Marvell Technology by 17.6% in the 4th quarter. SouthState Bank Corp now owns 863 shares of the semiconductor company’s stock worth $73,000 after buying an additional 129 shares in the last quarter. South Plains Financial Inc. grew its stake in shares of Marvell Technology by 1.6% in the 3rd 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 in the last quarter. Finally, Hazlett Burt & Watson Inc. grew its stake in shares of Marvell Technology by 1.3% in the 4th 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 in the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $130.35, for a total transaction 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. The trade was a 54.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the sale, the executive vice president owned 4,023 shares of the company’s stock, valued at $430,501.23. The trade was a 72.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 255,060 shares of company stock worth $31,959,772 in the last 90 days. Company insiders own 0.12% of the company’s stock.

Key Marvell Technology News

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

Positive Sentiment: Investor optimism is being fueled by AI demand and bullish remarks that Marvell could play a major role in next-generation data-center and custom-chip programs, supporting the stock’s recent strength.
Positive Sentiment: Wall Street analysts have been lifting or reiterating bullish price targets, including a notable upgrade to $345, which signals confidence in Marvell’s growth trajectory.
Positive Sentiment: The company’s leadership update, including a new CFO, is being viewed as a potential positive for execution and financial discipline.
Neutral Sentiment: Recent coverage says Marvell is a strong franchise and a major AI beneficiary, but investor focus is increasingly on whether the company can sustain the pace of growth already priced into the shares.
Negative Sentiment: Some articles warn that Marvell may be “priced for perfection,” with the stock’s valuation requiring very strong revenue growth to keep justifying the rally.
Negative Sentiment: Broader tech-sector weakness and afternoon selling in semiconductor names may be adding some pressure, even as Marvell-specific sentiment remains constructive.

Analysts Set New Price Targets

MRVL has been the subject of a number of recent research reports. Royal Bank Of Canada lifted their price objective on shares of Marvell Technology from $170.00 to $200.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Scotiabank initiated coverage on shares of Marvell Technology in a research note on Tuesday, May 26th. They issued an “outperform” rating for the company. Stifel Nicolaus set a $321.00 price objective on shares of Marvell Technology in a research note on Tuesday, June 2nd. Needham & Company LLC lifted their price objective on shares of Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Wells Fargo & Company lifted their price target on shares of Marvell Technology from $195.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $224.68.

Check Out Our Latest Analysis on MRVL

Marvell Technology Price Performance

MRVL stock opened at $278.67 on Wednesday. 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. The company has a 50-day moving average price of $189.96 and a 200 day moving average price of $122.53. The stock has a market cap of $243.78 billion, a PE ratio of 95.43, a P/E/G ratio of 2.02 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its quarterly 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 net margin of 28.99% and a return on equity of 13.83%. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same period in the previous year, the company earned $0.62 EPS. The firm’s revenue for the quarter 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. Equities research analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

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.