Chapin Davis Inc. Invests $14.95 Million in Marvell Technology, Inc. $MRVL

Posted by Stanley Muller on Aug 6th, 2026

Chapin Davis Inc. bought a new position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the second quarter, HoldingsChannel reports. The fund bought 50,177 shares of the semiconductor company’s stock, valued at approximately $14,947,000. Marvell Technology accounts for 2.6% of Chapin Davis Inc.’s investment portfolio, making the stock its 11th biggest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. State Street Corp increased its position in Marvell Technology by 7.9% in the fourth quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company’s stock worth $1,940,503,000 after buying an additional 1,677,724 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Marvell Technology by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 12,108,452 shares of the semiconductor company’s stock valued at $1,025,185,000 after buying an additional 97,624 shares in the last quarter. Norges Bank bought a new position in shares of Marvell Technology during the 4th quarter valued at approximately $895,455,000. Van ECK Associates Corp grew its stake in shares of Marvell Technology by 11.4% during the 4th quarter. Van ECK Associates Corp now owns 9,864,514 shares of the semiconductor company’s stock valued at $838,286,000 after acquiring an additional 1,007,315 shares during the period. Finally, Northern Trust Corp increased its holdings in Marvell Technology by 9.7% in the 4th quarter. Northern Trust Corp now owns 6,798,272 shares of the semiconductor company’s stock worth $577,717,000 after acquiring an additional 598,920 shares in the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Key Marvell Technology News

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

Positive Sentiment: Marvell unveiled an expanded AI memory infrastructure portfolio spanning server-level storage, rack-scale CXL memory expansion and optical shared memory. The products are designed to help hyperscalers improve memory utilization and support the continued growth of AI inference workloads. Marvell Advances AI Memory Infrastructure Portfolio
Positive Sentiment: Marvell’s communications business is recovering as customer inventories normalize and AI networking demand accelerates. Communications and other revenue rose 29% year over year to $585 million in fiscal first-quarter 2027, potentially broadening growth beyond the company’s core AI-related opportunities. Can MRVL’s Communications Recovery Drive Broad-Based Growth?
Positive Sentiment: Unusually heavy call-option activity—reported at more than 50 times normal volume—indicates that some traders are positioning for further upside in MRVL, although options activity is speculative rather than a fundamental signal. Unusual Marvell Call-Option Trading
Neutral Sentiment: A proposed U.S. restriction on Chinese AI and data-center components could redirect demand toward Western suppliers, potentially benefiting Marvell’s networking and optical component businesses. However, supply-chain disruption and higher component costs could also slow data-center deployments. Broadcom, Marvell and Nvidia Face China Ban Risk
Negative Sentiment: Investors remain concerned that Marvell’s premium valuation—reported at roughly 12 times sales and a high earnings multiple—already prices in substantial AI growth. Competition and possible margin pressure make execution particularly important ahead of upcoming results. Should Investors Hold or Fold MRVL Stock?
Negative Sentiment: The stock’s high beta and recent retreat from its record level are amplifying profit-taking and broader semiconductor volatility. A Marvell executive’s sale of 10,000 shares worth about $1.8 million adds modestly negative sentiment, although the transaction occurred under a pre-arranged Rule 10b5-1 plan. Marvell COO Share Sale

Insider Activity

In related news, CFO Daniel Durn sold 2,250 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total transaction of $632,272.50. Following the completion of the transaction, the chief financial officer directly owned 6,902 shares of the company’s stock, valued at approximately $1,939,531.02. This represents a 24.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Willem A. Meintjes sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $175.24, for a total value of $700,960.00. Following the transaction, the chief financial officer owned 226,675 shares of the company’s stock, valued at $39,722,527. This represents a 1.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 45,981 shares of company stock valued at $10,012,942. 0.12% of the stock is owned by corporate insiders.

Marvell Technology Trading Down 3.5%

Marvell Technology stock opened at $211.02 on Thursday. The stock has a market cap of $184.60 billion, a P/E ratio of 72.27, a PEG ratio of 1.37 and a beta of 2.24. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. Marvell Technology, Inc. has a 1 year low of $61.44 and a 1 year high of $329.88. The firm’s 50 day moving average price is $243.40 and its 200-day moving average price is $159.62.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued 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. The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. Marvell Technology’s revenue for the quarter was up 27.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, equities analysts predict 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 was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were given a dividend of $0.06 per share. The ex-dividend date was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is presently 8.22%.

Analysts Set New Price Targets

Several brokerages have weighed in on MRVL. Roth Capital lifted their price target on shares of Marvell Technology from $135.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price objective on shares of Marvell Technology in a research report on Thursday, May 28th. Stifel Nicolaus lifted their target price on shares of Marvell Technology from $321.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. TD Cowen upped their target price on shares of Marvell Technology from $180.00 to $200.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Finally, William Blair reiterated an “outperform” rating on shares of Marvell Technology in a research note on Thursday, May 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $245.45.

View Our Latest Report on MRVL

About Marvell Technology

(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.