iA Global Asset Management Inc. Has $10.36 Million Stock Holdings in Marvell Technology, Inc. $MRVL

Posted by George Bondi on Jul 2nd, 2026

iA Global Asset Management Inc. reduced its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 2.5% in the first quarter, Holdings Channel reports. The institutional investor owned 104,558 shares of the semiconductor company’s stock after selling 2,638 shares during the period. iA Global Asset Management Inc.’s holdings in Marvell Technology were worth $10,356,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MRVL. Laurel Wealth Advisors LLC bought a new position in Marvell Technology in the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC boosted its stake in Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 225 shares during the last quarter. Jessup Wealth Management Inc bought a new stake in Marvell Technology during the 4th quarter worth approximately $25,000. Cherry Tree Wealth Management LLC purchased a new stake in shares of Marvell Technology in the fourth quarter worth approximately $26,000. Finally, MidFirst Bank purchased a new stake in shares of Marvell Technology in the fourth quarter worth approximately $28,000. 83.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. KeyCorp raised their target price on Marvell Technology from $260.00 to $385.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Morgan Stanley upped their price target on Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a report on Thursday, May 28th. Royal Bank Of Canada increased their price target on Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. HSBC set a $300.00 price objective on shares of Marvell Technology and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, Raymond James Financial set a $235.00 target price on shares of Marvell Technology and gave the stock a “strong-buy” rating in a research note on Thursday, May 28th. Three research 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $239.81.

View Our Latest Analysis on MRVL

Marvell Technology Trading Down 8.7%

Shares of MRVL stock opened at $272.05 on Thursday. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. The firm has a market cap of $237.99 billion, a P/E ratio of 93.17, a PEG ratio of 1.95 and a beta of 2.19. The company has a 50 day moving average of $225.29 and a 200-day moving average of $137.66. Marvell Technology, Inc. has a 12-month low of $61.44 and a 12-month high of $329.88.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the business earned $0.62 earnings per share. Marvell Technology’s revenue for the quarter was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Sell-side analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Friday, July 10th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, July 10th. Marvell Technology’s dividend payout ratio is currently 8.22%.

Key Marvell Technology News

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

Positive Sentiment: Wall Street commentary remains constructive, with recent pieces highlighting Marvell’s role in AI infrastructure, custom silicon, optics, and data-center connectivity. Despite Recent Stock Surge, Marvell Technology’s (MRVL) Best Days May Still Be Ahead
Positive Sentiment: Analysts have continued to back the stock, including upgrades and higher earnings estimates, suggesting expectations are still rising after Marvell’s strong AI-quarter results. Marvell Technology Stock Page
Positive Sentiment: Recent coverage also pointed to renewed enthusiasm around the broader custom AI chip market, which investors see as a tailwind for Marvell’s data-center business. Marvell gains as investors tie the company to a broader custom AI chip opportunity
Neutral Sentiment: Marvell’s COO Chris Koopmans sold 10,000 shares under a pre-arranged 10b5-1 plan, a routine insider transaction that may still add to investor caution near recent highs. SEC Form 4 Filing
Negative Sentiment: Several market updates noted MRVL dipping in premarket trading as investors rotated out of high-growth semiconductor names amid a softer broader market. What’s Going on With Marvell Technology Stock Wednesday?
Negative Sentiment: Some recent commentary also questioned whether Marvell’s valuation has outrun fundamentals after its sharp rally, which can pressure the stock when momentum cools. Marvell (MRVL) Stock Looks Overvalued On Earnings But Strong On Returns

Insider Activity

In related news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total value of $1,329,450.00. Following the sale, the chief executive officer directly owned 739,397 shares in the company, valued at approximately $131,065,512.22. The trade was a 1.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 66,892 shares of the company’s 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 sale, the insider directly owned 55,199 shares in the company, valued at approximately $7,195,189.65. This trade represents a 54.79% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 177,273 shares of company stock worth $26,796,269. 0.12% of the stock is owned by company insiders.

Marvell Technology Company 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.