The Manufacturers Life Insurance Company bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 1,323,705 shares of the semiconductor company’s stock, valued at approximately $394,292,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. C M Bidwell & Associates Ltd. bought a new position in Marvell Technology in the second quarter worth approximately $27,000. Aberdeen Wealth Management LLC bought a new stake in shares of Marvell Technology during the 2nd quarter valued at $30,000. Tompkins Financial Corp purchased a new stake in shares of Marvell Technology in the 2nd quarter worth $31,000. LifeSteps Financial Inc. bought a new position in Marvell Technology in the 2nd quarter worth $32,000. Finally, Cetera Trust Company N.A purchased a new position in Marvell Technology during the second quarter valued at $37,000. 83.51% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have issued reports on MRVL shares. Loop Capital raised Marvell Technology to a “strong-buy” rating in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $240.00 price objective on shares of Marvell Technology in a research note on Thursday, May 28th. Barclays reiterated an “overweight” rating on shares of Marvell Technology in a research note on Thursday. Citigroup raised their target price on shares of Marvell Technology from $225.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $360.00 price target on shares of Marvell Technology in a report on Thursday, August 20th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $255.55.
Insider Activity at Marvell Technology
In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction dated 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 owned 227,941 shares of the company’s stock, valued at $41,143,350.50. This represents a 4.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of Marvell Technology stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total value of $632,272.50. Following the completion of the sale, the chief financial officer directly owned 6,902 shares in the company, valued at $1,939,531.02. This trade represents a 24.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 41,981 shares of company stock valued at $9,753,132. Insiders own 0.12% of the company’s stock.
More Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Google agreement strengthens the AI investment case. Marvell’s expanded commercial relationship with Google involves custom AI silicon, while a warrant gives Google the right to purchase up to 58.97 million MRVL shares at $206.58 each, potentially providing as much as $12.2 billion in capital and reinforcing expectations for substantial future demand. Marvell Earnings Are Coming. Google Agreement Likely to Be Biggest Talking Point.
- Positive Sentiment: Analysts remain constructive. Wells Fargo raised its price target to $310, and JPMorgan identified Marvell as a top semiconductor pick, citing demand for custom AI chips, optical connectivity and data-center networking. The company’s latest reported quarter showed revenue growth of 27.6% year over year to $2.42 billion, with quarterly EPS of $0.80. Marvell Technology has nearly tripled in 2026. Wells Fargo says there are more gains ahead
- Neutral Sentiment: Thursday’s earnings are the immediate catalyst. Investors want details on Google-related revenue potential, custom-ASIC demand, margins and forward guidance. Options activity indicates traders expect an unusually large post-earnings move, increasing near-term volatility. Here’s How Much Traders Expect Marvell Stock to Move After Earnings
- Negative Sentiment: Valuation has made the stock vulnerable to profit-taking. After a roughly 170% year-to-date rally, MRVL trades at a high earnings multiple, leaving investors demanding strong results and an upbeat outlook to justify the premium. The recent pullback reflects “sell the news” behavior following the Google announcement and caution before earnings.
- Negative Sentiment: Broader semiconductor weakness added pressure. The sector was lower, while concerns remain about competition from Broadcom, execution risk in custom AI chips and potential share dilution from Google’s warrant. These risks are especially important because expectations for Marvell’s AI growth are already high. Marvell Falls Ahead of August 27 Earnings
Marvell Technology Price Performance
Shares of Marvell Technology stock opened at $229.29 on Tuesday. The company has a market capitalization of $200.58 billion, a price-to-earnings ratio of 78.52, a PEG ratio of 1.48 and a beta of 2.24. 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 stock’s 50-day simple moving average is $232.14 and its 200-day simple moving average is $172.77. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88.
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 (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 company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter last year, the company earned $0.62 EPS. The firm’s quarterly 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, analysts expect that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.
Marvell Technology Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Investors 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 is currently 8.22%.
Marvell Technology Company Profile
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.
Read More
- Five stocks we like better than Marvell Technology
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
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.
