Sound Shore Management Inc. CT Has $113.77 Million Stock Holdings in Marvell Technology, Inc. $MRVL

Sound Shore Management Inc. CT raised its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 13.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,148,590 shares of the semiconductor company’s stock after purchasing an additional 133,881 shares during the period. Marvell Technology accounts for approximately 3.8% of Sound Shore Management Inc. CT’s investment portfolio, making the stock its 3rd biggest position. Sound Shore Management Inc. CT’s holdings in Marvell Technology were worth $113,768,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MRVL. State Street Corp increased its stake in shares of Marvell Technology by 7.9% in the fourth quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company’s stock valued at $1,940,503,000 after buying an additional 1,677,724 shares during the period. Geode Capital Management LLC boosted its position in Marvell Technology by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 12,108,452 shares of the semiconductor company’s stock valued at $1,025,185,000 after acquiring an additional 97,624 shares during the last quarter. Norges Bank bought a new stake in Marvell Technology during the fourth quarter valued at $895,455,000. Van ECK Associates Corp lifted its stake in shares of Marvell Technology by 11.4% in the 4th quarter. Van ECK Associates Corp now owns 9,864,514 shares of the semiconductor company’s stock valued at $838,286,000 after purchasing an additional 1,007,315 shares during the period. Finally, Northern Trust Corp increased its holdings in Marvell Technology by 9.7% in the fourth quarter. Northern Trust Corp now owns 6,798,272 shares of the semiconductor company’s stock worth $577,717,000 after purchasing an additional 598,920 shares in the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $188.68 on Monday. 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 stock has a market cap of $165.06 billion, a PE ratio of 64.62, a price-to-earnings-growth ratio of 1.24 and a beta of 2.20. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88. The stock has a fifty day moving average of $240.52 and a 200-day moving average of $149.51.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.Marvell Technology’s revenue was up 27.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, July 10th. Marvell Technology’s dividend payout ratio is currently 8.22%.

Insider Activity at Marvell Technology

In other news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the transaction, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. The trade was a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total transaction of $632,272.50. Following the completion of the transaction, the chief financial officer directly owned 6,902 shares of the company’s stock, valued at approximately $1,939,531.02. The trade was a 24.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 45,981 shares of company stock valued at $9,835,542 in the last quarter. 0.12% of the stock is currently owned by company insiders.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Erste Group raised its FY2028 earnings estimate for Marvell, signaling continued confidence in long-term profitability even after the recent selloff.
• Positive Sentiment: Several articles highlighted Marvell’s AI infrastructure exposure, record data-center revenue, and strong design wins, which could support a rebound if AI spending remains robust. Article reference
• Neutral Sentiment: Recent commentary framed Marvell as a key AI infrastructure beneficiary, but also noted that the stock’s valuation leaves little room for execution mistakes. Article reference
• Neutral Sentiment: Broader tech volatility and a sharp semiconductor selloff have weighed on sentiment across the group, including Marvell, even as some analysts remain constructive. Article reference
• Negative Sentiment: Erste Group downgraded Marvell to Hold on valuation concerns, and multiple reports said the stock has been falling more steeply than the broader market amid AI capex slowdown fears. Article reference
• Negative Sentiment: Market commentary also warned that Marvell’s “real risk” is its elevated valuation and heavy dependence on AI infrastructure spending, which could magnify downside if growth expectations cool. Article reference

Analyst Upgrades and Downgrades

MRVL has been the topic of several research analyst reports. 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 note on Tuesday, May 26th. William Blair reaffirmed an “outperform” rating on shares of Marvell Technology in a research note on Thursday, May 28th. Morgan Stanley lifted their price target on shares of Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $240.00 price target on shares of Marvell Technology in a research report on Friday, June 12th. Finally, Needham & Company LLC lifted their price target on Marvell Technology from $118.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Three equities 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $245.45.

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.