Russell Investments Group Ltd. increased its stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 8.8% during the 2nd quarter, Holdings Channel reports. The fund owned 886,470 shares of the semiconductor company’s stock after purchasing an additional 71,803 shares during the quarter. Russell Investments Group Ltd.’s holdings in Marvell Technology were worth $254,071,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. One Wealth Advisors LLC acquired a new position in Marvell Technology during the 2nd quarter worth $270,000. Clearstead Trust LLC increased its holdings in Marvell Technology by 77.5% during the 2nd quarter. Clearstead Trust LLC now owns 229 shares of the semiconductor company’s stock worth $68,000 after purchasing an additional 100 shares during the period. Maridea Wealth Management LLC acquired a new stake in Marvell Technology in the 2nd quarter valued at about $2,648,000. SMART Wealth LLC acquired a new stake in Marvell Technology in the 2nd quarter valued at about $401,000. Finally, Canton Hathaway LLC purchased a new position in shares of Marvell Technology in the 2nd quarter valued at about $60,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.
Marvell Technology News Roundup
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: UBS said Marvell is well positioned ahead of earnings, while TD Cowen raised its price target from $200 to $225 and maintained a “hold” rating. Analysts continue to view Marvell’s custom silicon, networking and optical businesses as beneficiaries of AI data-center investment. UBS Marvell earnings commentary
- Positive Sentiment: Marvell’s new AI memory and storage products, including solutions for CXL memory expansion and optical shared memory, strengthen its exposure to large-scale inference workloads. Its co-packaged optics efforts also support the long-term AI infrastructure narrative. Marvell AI memory products
- Neutral Sentiment: Investors are now focused on whether projected fiscal Q2 revenue of roughly $2.71 billion and earnings near $0.87 per share can justify the stock’s elevated valuation after its substantial year-to-date advance. Marvell earnings expectations
- Negative Sentiment: Rising Treasury yields pressured semiconductor and other growth stocks, overwhelming otherwise bullish AI commentary. A sharp decline in Fabrinet also spread caution across the AI optical and interconnect group, raising concerns about whether infrastructure spending expectations have become too aggressive. Fabrinet impact on AI optical stocks
- Negative Sentiment: CEO Matthew Murphy sold 7,500 shares for approximately $1.77 million under a pre-arranged Rule 10b5-1 plan. Although the sale reduced his holdings by less than 1%, reports of broad insider selling added to investor caution before earnings. Marvell CEO insider sale
Analyst Upgrades and Downgrades
Insider Activity at Marvell Technology
In related news, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $236.08, for a total value of $1,770,600.00. Following the transaction, the chief executive officer directly owned 783,186 shares of the company’s stock, valued at $184,894,550.88. This trade represents a 0.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares in the company, valued at $41,143,350.50. This trade represents a 4.20% 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. Insiders sold a total of 41,981 shares of company stock worth $9,753,132 in the last ninety days. Company insiders own 0.12% of the company’s stock.
Marvell Technology Trading Down 7.8%
NASDAQ:MRVL opened at $216.00 on Wednesday. Marvell Technology, Inc. has a 1 year low of $61.44 and a 1 year high of $329.88. The stock has a market cap of $188.96 billion, a P/E ratio of 73.97, a P/E/G ratio of 1.39 and a beta of 2.24. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The stock has a 50-day simple moving average of $235.49 and a 200-day simple moving average of $168.26.
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 the consensus estimate of $0.80. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business’s quarterly revenue was up 27.6% on a year-over-year basis. During the same quarter last year, the company earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.
Marvell Technology Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is presently 8.22%.
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.
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