Marvell Technology, Inc. $MRVL Position Lessened by Glenview Trust Co

Posted by Francis Steltz on May 25th, 2026

Glenview Trust Co trimmed its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 18.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 255,604 shares of the semiconductor company’s stock after selling 56,720 shares during the quarter. Glenview Trust Co’s holdings in Marvell Technology were worth $21,721,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new stake in shares of Marvell Technology during the fourth quarter worth $25,000. Elyxium Wealth LLC purchased a new stake in shares of Marvell Technology during the fourth quarter worth $40,000. Strive Asset Management LLC purchased a new stake in shares of Marvell Technology during the third quarter worth $42,000. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Marvell Technology by 98.0% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 244 shares in the last quarter. Finally, Avalon Trust Co raised its holdings in shares of Marvell Technology by 70.6% during the third quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock worth $55,000 after acquiring an additional 269 shares in the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. UBS Group increased their price objective on Marvell Technology from $120.00 to $195.00 and gave the stock a “buy” rating in a report on Monday, May 4th. The Goldman Sachs Group reissued a “neutral” rating and set a $125.00 target price on shares of Marvell Technology in a research report on Wednesday, May 13th. Wall Street Zen downgraded shares of Marvell Technology from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Susquehanna reissued a “positive” rating on shares of Marvell Technology in a research report on Tuesday, February 24th. Finally, Oppenheimer increased their target price on shares of Marvell Technology from $170.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and a consensus price target of $143.76.

Check Out Our Latest Stock Analysis on Marvell Technology

More Marvell Technology News

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

Positive Sentiment: Analysts turned more constructive on Marvell, including Stifel raising its price target from $140 to $210 and Wells Fargo/citi also boosting forecasts, signaling strong confidence in the company’s AI-chip demand. What Is Going On With Marvell Stock On Friday?
Positive Sentiment: Investor enthusiasm is being driven by Marvell’s exposure to custom AI silicon for major customers like Amazon Trainium and Microsoft Maia, which is fueling expectations for strong growth heading into earnings on May 27. What Is Going On With Marvell Stock On Friday?
Positive Sentiment: Shares are also benefiting from a broader bid in chip stocks and reports of heavy institutional buying, adding momentum to the stock’s recent record run. See How Big Money, AI Push Marvell Higher
Neutral Sentiment: With Q1 earnings approaching, investors are focused on whether Marvell can keep delivering on AI-driven data center demand and custom silicon growth, but competition remains a watch point. MRVL to Post Q1 Earnings: Time to Buy, Sell or Hold the Stock?

Insider Buying and Selling

In other news, EVP Mark Casper sold 10,000 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the sale, the executive vice president directly owned 35,878 shares of the company’s stock, valued at approximately $4,861,469. This trade represents a 21.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $162.76, for a total value of $1,627,600.00. Following the completion of the sale, the chief operating officer directly owned 209,592 shares in the company, valued at approximately $34,113,193.92. This represents a 4.55% 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 245,060 shares of company stock valued at $29,901,072 in the last quarter. Insiders own 0.19% of the company’s stock.

Marvell Technology Stock Performance

Marvell Technology stock opened at $196.33 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58. The company has a market capitalization of $176.17 billion, a price-to-earnings ratio of 63.74, a PEG ratio of 1.64 and a beta of 2.25. Marvell Technology, Inc. has a one year low of $58.61 and a one year high of $198.40. The company’s fifty day moving average price is $134.82 and its two-hundred day moving average price is $102.12.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, analysts forecast that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, April 10th. Marvell Technology’s dividend payout ratio (DPR) is currently 7.79%.

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.