Acadian Asset Management LLC Boosts Stock Holdings in Marvell Technology, Inc. $MRVL

Acadian Asset Management LLC increased its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 108.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 116,550 shares of the semiconductor company’s stock after purchasing an additional 60,649 shares during the period. Acadian Asset Management LLC’s holdings in Marvell Technology were worth $7,171,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Synovus Financial Corp grew its position in Marvell Technology by 3.5% during the first quarter. Synovus Financial Corp now owns 4,791 shares of the semiconductor company’s stock worth $295,000 after buying an additional 161 shares during the period. Virtue Capital Management LLC grew its position in Marvell Technology by 2.1% during the fourth quarter. Virtue Capital Management LLC now owns 7,752 shares of the semiconductor company’s stock worth $856,000 after buying an additional 163 shares during the period. Kolinsky Wealth Management LLC grew its position in Marvell Technology by 3.3% during the fourth quarter. Kolinsky Wealth Management LLC now owns 5,628 shares of the semiconductor company’s stock worth $622,000 after buying an additional 181 shares during the period. Denali Advisors LLC grew its position in Marvell Technology by 2.3% during the first quarter. Denali Advisors LLC now owns 8,713 shares of the semiconductor company’s stock worth $536,000 after buying an additional 200 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. grew its position in Marvell Technology by 6.1% during the first quarter. Pinnacle Wealth Planning Services Inc. now owns 3,477 shares of the semiconductor company’s stock worth $214,000 after buying an additional 201 shares during the period. 83.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Marvell Technology news, CAO Panteha Dixon sold 1,283 shares of the firm’s stock in a transaction on Monday, June 16th. The shares were sold at an average price of $68.50, for a total transaction of $87,885.50. Following the completion of the transaction, the chief accounting officer directly owned 29,572 shares of the company’s stock, valued at $2,025,682. This trade represents a 4.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark Casper sold 3,000 shares of the firm’s stock in a transaction on Friday, July 18th. The stock was sold at an average price of $72.35, for a total transaction of $217,050.00. Following the transaction, the executive vice president directly owned 17,163 shares of the company’s stock, valued at approximately $1,241,743.05. This represents a 14.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,783 shares of company stock valued at $407,716 in the last quarter. Company insiders own 0.19% of the company’s stock.

Marvell Technology Stock Performance

NASDAQ:MRVL opened at $67.35 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.88 and a debt-to-equity ratio of 0.30. The company has a market cap of $58.06 billion, a P/E ratio of -518.08, a P/E/G ratio of 0.80 and a beta of 1.85. Marvell Technology, Inc. has a fifty-two week low of $47.08 and a fifty-two week high of $127.48. The firm’s 50 day moving average is $72.57 and its two-hundred day moving average is $68.05.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.67. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the firm posted $0.30 earnings per share. Marvell Technology’s revenue was up 57.6% on a year-over-year basis. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. Analysts expect that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have weighed in on MRVL shares. Morgan Stanley lowered their target price on shares of Marvell Technology from $80.00 to $76.00 and set an “equal weight” rating on the stock in a research report on Friday, August 29th. Redburn Atlantic started coverage on shares of Marvell Technology in a research report on Wednesday, May 28th. They set a “neutral” rating and a $67.00 target price on the stock. B. Riley restated a “buy” rating and set a $115.00 target price (up from $110.00) on shares of Marvell Technology in a research report on Wednesday, June 18th. Melius Research increased their price target on shares of Marvell Technology from $67.00 to $76.00 and gave the company a “hold” rating in a research report on Wednesday, June 18th. Finally, Bank of America reiterated a “neutral” rating and issued a $78.00 price target (down from $90.00) on shares of Marvell Technology in a research report on Friday, August 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $90.50.

Marvell Technology Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.