Meridian Wealth Management LLC Increases Stock Holdings in Marvell Technology, Inc. $MRVL

Posted by Brenda Bartman on Aug 19th, 2026

Meridian Wealth Management LLC lifted its position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 18.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,046 shares of the semiconductor company’s stock after acquiring an additional 6,268 shares during the quarter. Meridian Wealth Management LLC’s holdings in Marvell Technology were worth $11,929,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cape ANN Savings Bank grew its position in Marvell Technology by 2.3% in the 2nd quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock worth $669,000 after purchasing an additional 50 shares in the last quarter. Arlington Trust Co LLC lifted its position in shares of Marvell Technology by 24.1% during the 2nd quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock worth $80,000 after buying an additional 52 shares in the last quarter. GoalVest Advisory LLC lifted its position in shares of Marvell Technology by 26.0% during the 2nd quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock worth $94,000 after buying an additional 65 shares in the last quarter. Mayflower Financial Advisors LLC boosted its stake in shares of Marvell Technology by 1.7% in the 1st quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock worth $407,000 after buying an additional 68 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its stake in shares of Marvell Technology by 12.9% in the 1st quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock worth $62,000 after buying an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Insider Transactions at Marvell Technology

In other Marvell Technology news, CFO Daniel Durn sold 2,250 shares of the business’s stock in a transaction that occurred on 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 owned 6,902 shares in the company, valued at approximately $1,939,531.02. The trade was a 24.58% 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, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the sale, the insider directly owned 55,530 shares of the company’s stock, valued at $16,610,688.90. The trade was a 3.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders sold 41,981 shares of company stock worth $9,753,132 in the last three months. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology News Summary

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

Analysts Set New Price Targets

MRVL has been the subject of a number of recent analyst reports. Scotiabank initiated coverage on Marvell Technology in a research note on Tuesday, May 26th. They issued an “outperform” rating for the company. Stifel Nicolaus boosted their price target on shares of Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. JPMorgan Chase & Co. increased their price target on shares of Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Royal Bank Of Canada restated an “outperform” rating and set a $360.00 price objective on shares of Marvell Technology in a report on Tuesday, July 7th. Finally, Citigroup lifted their price objective 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. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $244.81.

View Our Latest Research Report on MRVL

Marvell Technology Trading Down 7.8%

Shares of MRVL opened at $216.00 on Wednesday. The business’s 50-day moving average price is $235.49 and its 200-day moving average price is $168.26. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88. The stock has a market cap of $188.96 billion, a PE ratio of 73.97, a P/E/G ratio of 1.39 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.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period in the previous year, the business earned $0.62 EPS. The business’s revenue for the quarter was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, equities analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Friday, July 10th were given a $0.06 dividend. The ex-dividend date was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s payout ratio is presently 8.22%.

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.