Lansforsakringar Fondforvaltning AB publ lowered its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 25.2% in the first quarter, Holdings Channel reports. The firm owned 275,425 shares of the semiconductor company’s stock after selling 92,836 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Marvell Technology were worth $27,281,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Hilton Head Capital Partners LLC boosted its holdings in shares of Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares during the period. Jessup Wealth Management Inc bought a new position in Marvell Technology in the 4th quarter worth $25,000. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology during the 4th quarter worth $25,000. Cherry Tree Wealth Management LLC acquired a new position in Marvell Technology during the 4th quarter worth $26,000. Finally, MidFirst Bank bought a new stake in Marvell Technology during the fourth quarter valued at about $28,000. Institutional investors own 83.51% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on MRVL. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 price objective on shares of Marvell Technology in a report on Thursday, May 28th. HSBC set a $300.00 price target on shares of Marvell Technology and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Marvell Technology in a research note on Wednesday, June 24th. KGI Securities upgraded shares of Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 price objective on the stock in a report on Friday, March 6th. Finally, Compass Point set a $190.00 price target on Marvell Technology in a research note on Tuesday, May 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $239.81.
Trending Headlines about Marvell Technology
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: UBS kept its Buy rating and lifted its price target, highlighting Marvell’s growing opportunity in the data-center CXL market and reinforcing the bullish case for AI-driven connectivity demand. Article link
- Positive Sentiment: Erste Group raised its FY2028 EPS estimate for Marvell, adding to expectations that earnings will keep improving as AI infrastructure spending expands. Article link
- Positive Sentiment: Recent articles emphasized Marvell’s role in the broader custom ASIC and AI buildout theme, which is keeping momentum strong after a powerful multi-week rally. Article link
- Neutral Sentiment: Investors are debating whether the stock’s sharp recent run leaves room for further upside or raises the risk of profit-taking after a very strong month. Article link
- Negative Sentiment: Some market commentary notes that MRVL’s explosive rally could attract short-term selling from investors looking to lock in gains, especially after the stock’s outsized move higher. Article link
Marvell Technology Price Performance
MRVL stock opened at $297.89 on Wednesday. The company has a market capitalization of $260.59 billion, a P/E ratio of 102.02, a price-to-earnings-growth ratio of 1.82 and a beta of 2.29. 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 52-week low of $61.44 and a 52-week high of $329.88. The business has a 50-day simple moving average of $222.81 and a two-hundred day simple moving average of $136.37.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The company’s quarterly revenue was up 27.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Research analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.
Marvell Technology Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Friday, July 10th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio is currently 8.22%.
Insider Buying and Selling at Marvell Technology
In other Marvell Technology news, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction that occurred on 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 transaction, the insider directly owned 55,199 shares of the company’s stock, valued at approximately $7,195,189.65. This trade represents a 54.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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, CFO Willem A. Meintjes sold 30,000 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total transaction of $4,020,300.00. Following the completion of the sale, the chief financial officer directly owned 154,111 shares of the company’s stock, valued at $20,652,415.11. This trade represents a 16.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last three months, insiders sold 178,127 shares of company stock valued at $25,138,555. 0.12% of the stock is currently owned by corporate insiders.
About Marvell Technology
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.
See Also
- Five stocks we like better than Marvell Technology
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Want to see what other hedge funds are holding MRVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVL – Free Report).
Receive News & Ratings for Marvell Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marvell Technology and related companies with MarketBeat.com's FREE daily email newsletter.
