Stephens Investment Management Group LLC cut its stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 1.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 186,742 shares of the semiconductor company’s stock after selling 2,572 shares during the period. Stephens Investment Management Group LLC’s holdings in Marvell Technology were worth $18,497,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. GM Advisory Group LLC boosted its stake in Marvell Technology by 6.9% in the 1st quarter. GM Advisory Group LLC now owns 20,814 shares of the semiconductor company’s stock valued at $2,062,000 after buying an additional 1,342 shares in the last quarter. AdvisorShares Investments LLC acquired a new position in Marvell Technology during the first quarter worth $511,000. Parrish Capital LLC raised its stake in Marvell Technology by 19.5% during the first quarter. Parrish Capital LLC now owns 9,877 shares of the semiconductor company’s stock worth $978,000 after acquiring an additional 1,613 shares in the last quarter. Walkner Condon Financial Advisors LLC bought a new position in shares of Marvell Technology during the first quarter valued at $202,000. Finally, Kepler Cheuvreux Suisse SA acquired a new stake in shares of Marvell Technology in the 1st quarter valued at $568,000. Institutional investors own 83.51% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently weighed in on MRVL. Stifel Nicolaus upped their target price on shares of Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Wells Fargo & Company boosted their price target on shares of Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Royal Bank Of Canada upped 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. Erste Group Bank assumed coverage on shares of Marvell Technology in a report on Thursday, April 2nd. They set a “buy” rating for the company. Finally, Barclays lifted their target price on shares of Marvell Technology from $150.00 to $275.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Three 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 stock. According to data from MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and an average price target of $239.81.
Marvell Technology Stock Performance
MRVL opened at $245.29 on Monday. 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 stock has a market capitalization of $214.58 billion, a PE ratio of 84.00, a PEG ratio of 1.61 and a beta of 2.20. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $329.88. The firm has a 50-day moving average price of $228.93 and a two-hundred day moving average price of $139.92.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share 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 company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the previous year, the firm posted $0.62 earnings per share. The company’s revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.
Marvell Technology Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Friday, July 10th will be issued a dividend of $0.06 per share. 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 Transactions at Marvell Technology
In other Marvell Technology news, CFO Willem A. Meintjes sold 30,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $134.01, for a total value of $4,020,300.00. Following the transaction, the chief financial officer directly owned 154,111 shares in the company, valued at approximately $20,652,415.11. This trade represents a 16.29% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $281.92, for a total value of $2,819,200.00. Following the completion of the sale, the chief operating officer directly owned 227,754 shares of the company’s stock, valued at $64,208,407.68. This trade represents a 4.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 160,373 shares of company stock worth $24,938,664. Corporate insiders own 0.12% of the company’s stock.
Marvell Technology News Summary
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Recent commentary says Marvell’s new growth engines are only beginning to ramp, with investors reassessing the company’s longer-term upside in AI infrastructure, networking, and optical interconnects. Marvell’s (MRVL) New Growth Engines Are Just Beginning to Spin
- Positive Sentiment: Analysts and market commentators continue to highlight Marvell’s AI infrastructure exposure, suggesting demand for interconnects, optics, and custom silicon could keep driving revenue growth. Can MRVL’s AI Infrastructure Growth Outpace Its Margin Pressure?
- Positive Sentiment: Jim Cramer said NVIDIA CEO Jensen Huang’s endorsement of Marvell implies “a lot more upside,” reinforcing bullish sentiment around its role in the AI chip ecosystem. Jim Cramer Says If Jensen Huang Is Right, Marvell Has “A Lot More Upside”
- Neutral Sentiment: Marvell’s COO sold shares under a pre-arranged 10b5-1 plan, which is routine but can add some caution after the stock’s sharp rally. SEC Form 4 Filing
- Negative Sentiment: Some coverage notes that Marvell’s valuation is now demanding, and a broader selloff in AI chip stocks shows investors remain sensitive to high expectations and margin pressure. Chip stocks selloff extends on valuation, Meta’s pivot fears
- Negative Sentiment: One article also framed the stock as “great business, impossible price,” reflecting concern that MRVL may have run ahead of fundamentals after its strong surge. Marvell Technology: Great Business, Impossible Price
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.
Featured Stories
- Five stocks we like better than Marvell Technology
- Visa’s Open USD Push Puts Circle’s Stablecoin Moat Under Pressure
- This Under-the-Radar Industrial Is Quietly Powering AI
- Why Microsoft Looks Like the Best Big Tech Trade for H2 2026
- Strategy’s Bitcoin Pivot Gives Investors a New Reason to Watch Preferred Shares
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.
-SHOGGOTH.png){kind=small}
