Rockefeller Capital Management L.P. Buys 21,615 Shares of Marvell Technology, Inc. $MRVL

Posted by Stanley Muller on Jun 25th, 2026

Rockefeller Capital Management L.P. increased its stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 17.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 145,692 shares of the semiconductor company’s stock after buying an additional 21,615 shares during the period. Rockefeller Capital Management L.P.’s holdings in Marvell Technology were worth $12,381,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Jessup Wealth Management Inc purchased a new stake in Marvell Technology in the 4th quarter valued at about $25,000. Laurel Wealth Advisors LLC purchased a new position in shares of Marvell Technology during the fourth quarter worth approximately $25,000. Cherry Tree Wealth Management LLC purchased a new position in shares of Marvell Technology during the fourth quarter worth approximately $26,000. MidFirst Bank bought a new stake in shares of Marvell Technology during the fourth quarter valued at approximately $28,000. Finally, Ankerstar Wealth LLC bought a new stake in shares of Marvell Technology during the fourth quarter valued at approximately $34,000. Institutional investors own 83.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Compass Point set a $190.00 price objective on Marvell Technology in a research note on Tuesday, May 26th. UBS Group lifted their target price on Marvell Technology from $195.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. B. Riley Financial upped their target price on Marvell Technology from $240.00 to $345.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Susquehanna upped their target price on Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a report on Tuesday, May 26th. Finally, Citigroup increased their price target on Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $233.68.

Check Out Our Latest Research Report on MRVL

Marvell Technology News Summary

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

Positive Sentiment: Bank of America and KeyBanc both raised their price targets on Marvell, reflecting confidence in the company’s AI networking and data-center growth opportunity. Benzinga report
Positive Sentiment: Coverage continues to emphasize Marvell’s role in AI infrastructure, especially its networking and bandwidth solutions, which supports the stock’s recent rally. Insider Monkey article
Neutral Sentiment: Several articles note that Marvell’s huge run-up in 2026 means the stock may already be pricing in much of the AI optimism, which could limit near-term upside if growth expectations cool. Yahoo Finance article
Negative Sentiment: CFO Daniel Durn sold 2,250 shares, a small insider sale that may slightly temper sentiment even though it does not change the broader bullish thesis. SEC filing

Insiders Place Their Bets

In other news, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the transaction, the insider directly owned 55,199 shares in the company, valued at approximately $7,195,189.65. This trade represents a 54.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 the business’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $110.24, for a total value of $1,102,400.00. Following the completion of the transaction, the chief operating officer directly owned 133,870 shares of the company’s stock, valued at approximately $14,757,828.80. The trade was a 6.95% 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 185,127 shares of company stock worth $25,874,325. Insiders own 0.12% of the company’s stock.

Marvell Technology Price Performance

NASDAQ MRVL opened at $275.40 on Thursday. 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 firm’s 50 day moving average price is $211.16 and its 200-day moving average price is $131.08. Marvell Technology, Inc. has a 52-week low of $61.44 and a 52-week high of $329.88. The company has a market cap of $240.92 billion, a PE ratio of 94.32, a P/E/G ratio of 1.83 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.80. The company had revenue of $2.42 billion for 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 was up 27.6% compared to the same quarter last year. During the same period last year, the company posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Sell-side analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology 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.