Temasek Holdings Private Ltd increased its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 48.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,516,386 shares of the semiconductor company’s stock after buying an additional 491,499 shares during the quarter. Temasek Holdings Private Ltd’s holdings in Marvell Technology were worth $150,198,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its stake in Marvell Technology by 3.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 73,463 shares of the semiconductor company’s stock valued at $7,277,000 after acquiring an additional 2,464 shares in the last quarter. Oslo Pensjonsforsikring AS purchased a new stake in shares of Marvell Technology in the first quarter worth approximately $510,000. Baader Bank Aktiengesellschaft acquired a new stake in shares of Marvell Technology during the first quarter worth approximately $515,000. Andra AP fonden grew its position in Marvell Technology by 1,800.5% during the first quarter. Andra AP fonden now owns 162,907 shares of the semiconductor company’s stock valued at $16,136,000 after purchasing an additional 154,335 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC purchased a new position in Marvell Technology during the first quarter valued at approximately $42,000. 83.51% of the stock is owned by institutional investors and hedge funds.
Marvell Technology News Roundup
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Marvell is benefiting from renewed enthusiasm for AI infrastructure spending, which lifted semiconductor stocks across the market and helped chip names like MRVL rally. Marvell Stock Jumps As AI Infrastructure Spending Boom Powers Semiconductor Rally
- Positive Sentiment: Market coverage highlighted Marvell among the chip leaders powering a Nasdaq rebound, with investors buying back into memory and AI-related semiconductor stocks after recent weakness. Stock Market Today: Nasdaq Higher As Memory Chip Names Rally; Schwab Slides (Live Coverage)
- Positive Sentiment: Analysts and media pieces pointed to Marvell’s strong first-half performance and improving growth profile, reinforcing the view that the stock remains a key AI infrastructure play. Why Marvell Jumped 251% in the First Half of the Year
- Neutral Sentiment: Several commentary pieces noted that Marvell’s valuation has become a renewed topic of debate, suggesting the rally may face scrutiny if growth expectations cool. Marvell Technology (MRVL) Rises With AI Chip Rally As Valuation Questions Return
- Negative Sentiment: Some articles reminded investors that Marvell is still well below its recent highs, with caution that the stock’s earlier AI-driven surge may have outpaced fundamentals. Marvell Technology: The Stock Is Down 39% From Its High. Time to Buy the Dip?
Marvell Technology Price Performance
Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.80. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company’s revenue was up 27.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.
Marvell Technology Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be paid 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 is Friday, July 10th. Marvell Technology’s payout ratio is presently 8.22%.
Insiders Place Their Bets
In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $281.92, for a total transaction of $2,819,200.00. Following the transaction, the chief operating officer directly owned 227,754 shares in the company, valued at $64,208,407.68. This trade represents a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 the business’s 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 of the company’s stock, valued at $1,939,531.02. This represents a 24.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 45,981 shares of company stock worth $9,835,542 in the last 90 days. 0.12% of the stock is owned by corporate insiders.
Analyst Ratings Changes
A number of research firms have issued reports on MRVL. Citigroup increased their target price on shares of Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Jefferies Financial Group boosted their price target on shares of Marvell Technology from $149.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Marvell Technology in a research note on Wednesday, June 24th. Benchmark increased their price objective on Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, HSBC set a $300.00 price objective on Marvell Technology and gave the company a “buy” rating in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Marvell Technology currently has an average rating of “Moderate Buy” and a consensus price target of $245.45.
Check Out Our Latest Research Report on Marvell Technology
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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