Harber Asset Management LLC Makes New $12.57 Million Investment in Marvell Technology, Inc. $MRVL

Posted by Brenda Bartman on Aug 23rd, 2026

Harber Asset Management LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 42,200 shares of the semiconductor company’s stock, valued at approximately $12,571,000. Marvell Technology accounts for approximately 7.6% of Harber Asset Management LLC’s portfolio, making the stock its biggest holding.

Several other institutional investors also recently bought and sold shares of MRVL. Intech Investment Management LLC lifted its stake in Marvell Technology by 3.9% in the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock worth $1,772,000 after acquiring an additional 1,085 shares during the period. Baird Financial Group Inc. boosted its stake in Marvell Technology by 22.7% in the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock valued at $1,348,000 after acquiring an additional 3,221 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Marvell Technology during the 2nd quarter worth $354,000. Treasurer of the State of North Carolina raised its position in shares of Marvell Technology by 3.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock valued at $31,256,000 after purchasing an additional 11,572 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Marvell Technology by 1.0% during the second quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock worth $31,855,000 after buying an additional 4,060 shares during the period. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Marvell Technology news, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $236.08, for a total transaction of $1,770,600.00. Following the sale, the chief executive officer owned 783,186 shares of the company’s stock, valued at approximately $184,894,550.88. This trade represents a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the sale, the chief operating officer owned 227,941 shares in the company, valued at $41,143,350.50. This represents a 4.20% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 41,981 shares of company stock valued at $9,753,132. Company insiders own 0.12% of the company’s stock.

Marvell Technology Stock Down 5.6%

NASDAQ MRVL opened at $237.04 on Friday. 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, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The business’s fifty day simple moving average is $233.73 and its 200-day simple moving average is $171.04. The firm has a market cap of $207.36 billion, a PE ratio of 81.18, a P/E/G ratio of 1.48 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting the consensus estimate of $0.80. The business 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 business’s revenue for the quarter was up 27.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Melius Research set a $220.00 price target on shares of Marvell Technology in a report on Monday, May 18th. KeyCorp upped their price objective on shares of Marvell Technology from $385.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Raymond James Financial restated a “strong-buy” rating on shares of Marvell Technology in a research report on Wednesday. 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. Finally, Stifel Nicolaus upped their price objective on shares of Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. 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’s stock. According to data from MarketBeat, Marvell Technology has an average rating of “Moderate Buy” and an average target price of $253.61.

Get Our Latest Stock Report on MRVL

More Marvell Technology News

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

Positive Sentiment: Marvell’s expanded agreement with Alphabet’s Google covers custom silicon tied to Google’s Tensor Processing Unit ecosystem, including inference accelerators, storage and networking products, and memory controllers. Analysts view the deal as a major validation of Marvell’s AI infrastructure strategy and a potential long-term growth catalyst. Marvell Constructs an AI Moat With Alphabet Warrants
Positive Sentiment: The agreement could generate as much as $120 billion in cumulative Google-related chip purchases through fiscal 2033 if all milestones are reached. JPMorgan, Wedbush, Stifel, William Blair and RBC remain constructive, with RBC reaffirming an Outperform rating and a $360 price target. Marvell’s Google AI Deal Could Unlock a $120 Billion Opportunity
Neutral Sentiment: Investor attention is shifting to Marvell’s August 27 earnings report. The options market implies a potentially large post-earnings move, while analysts expect continued data-center momentum and possible upside to guidance. Marvell Stock Could Swing More Than 12% on Earnings
Negative Sentiment: The primary pressure is potential dilution. Marvell granted Google warrants for approximately 58.97 million shares—roughly 6% to 7% of shares outstanding—with most warrants vesting in tranches tied to Google purchases. Although the structure links dilution to future revenue, investors are focusing on the near-term increase in share count and uncertainty over whether the full $120 billion opportunity will materialize. Google’s Marvell Warrant Does Not Fully Vest Until Google Buys $120 Billion of Chips
Negative Sentiment: Valuation concerns have intensified after Marvell’s sharp rally. With a high earnings multiple, the stock needs strong execution and raised guidance to justify expectations. Competition with Broadcom and other potential Google silicon suppliers also makes the revenue outlook less certain. Marvell Stock Forecast: Valuation Concerns Persist Ahead of Earnings

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.