KLP Kapitalforvaltning AS Sells 23,100 Shares of Marvell Technology, Inc. $MRVL

KLP Kapitalforvaltning AS lowered its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 5.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 431,139 shares of the semiconductor company’s stock after selling 23,100 shares during the period. KLP Kapitalforvaltning AS’s holdings in Marvell Technology were worth $36,638,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MRVL. Atlantic Edge Private Wealth Management LLC increased its stake in Marvell Technology by 160.0% in the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 200 shares during the period. Financial Consulate Inc. bought a new stake in Marvell Technology in the third quarter valued at about $41,000. Strive Asset Management LLC bought a new stake in Marvell Technology in the third quarter valued at about $42,000. Whittier Trust Co. of Nevada Inc. increased its stake in Marvell Technology by 98.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 244 shares during the period. Finally, Meeder Asset Management Inc. increased its stake in Marvell Technology by 30.4% in the third quarter. Meeder Asset Management Inc. now owns 557 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 130 shares during the period. Institutional investors own 83.51% of the company’s stock.

Insider Activity at Marvell Technology

In other news, insider Sandeep Bharathi sold 66,892 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the transaction, the insider directly owned 55,199 shares in the company, valued at approximately $7,195,189.65. This represents a 54.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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. Also, CEO Matthew J. Murphy sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, March 26th. The stock was sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the transaction, the chief executive officer owned 310,106 shares in the company, valued at $30,607,462.20. The trade was a 8.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 223,560 shares of company stock valued at $26,243,062 in the last three months. 0.19% of the stock is currently owned by corporate insiders.

Marvell Technology News Roundup

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

• Positive Sentiment: Acquisition — Marvell announced the acquisition of Polariton Technologies to add plasmonics-based silicon photonics and advanced modulation, strengthening its optical roadmap for multi‑terabit links (supports long‑term data‑center growth). Marvell Announces Acquisition of Polariton Technologies
• Positive Sentiment: Potential Google design win — Multiple reports say Alphabet/Google is in talks with Marvell to co‑develop custom AI chips (MPU and TPU inference), a hyperscaler design win that would materially expand Marvell’s addressable market and future ASIC revenue. Google talks with Marvell (Reuters)
• Positive Sentiment: Analyst and institutional support — RBC lifted its price target sharply (to $170) and “big money” flows / heavy institutional buying have been reported, reinforcing momentum and lending credibility to a sustained re‑rating. RBC raises target (247WallStreet)
• Positive Sentiment: Options and market action — Unusually heavy call‑option activity and a run to 52‑week highs indicate speculative/leverage participation tied to the AI narrative, which can amplify upside in the near term. Options activity (Barchart)
• Neutral Sentiment: Partner ripple effects — Suppliers/partners (e.g., POET Technologies) have reported Marvell links, which supports ecosystem momentum but is indirect evidence until formal large contracts are disclosed. POET link (TipRanks)
• Negative Sentiment: Insider selling — Recent sales by EVP Mark Casper were disclosed; while not uncommon, insider selling can be viewed negatively by some investors. Insider sale (InsiderTrades)
• Negative Sentiment: Valuation and guidance concerns — Several analysts and pieces caution the rally may be priced for perfection (high PE) and highlight weaker XPU/unit guidance that could cap upside if results or formal hyperscaler contracts don’t materialize. Valuation downgrade (Seeking Alpha)

Analyst Ratings Changes

A number of equities analysts have commented on MRVL shares. Raymond James Financial restated a “strong-buy” rating on shares of Marvell Technology in a research report on Tuesday, January 6th. Cantor Fitzgerald boosted their price target on shares of Marvell Technology from $100.00 to $120.00 and gave the company a “neutral” rating in a research report on Thursday, April 9th. TD Cowen boosted their price target on shares of Marvell Technology from $85.00 to $90.00 and gave the company a “hold” rating in a research report on Friday, March 6th. Needham & Company LLC reduced their price target on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a research report on Tuesday, February 3rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Marvell Technology in a research report on Friday, March 27th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $122.73.

Marvell Technology Price Performance

Shares of MRVL stock opened at $157.32 on Thursday. Marvell Technology, Inc. has a 1 year low of $53.36 and a 1 year high of $158.69. The firm’s 50 day moving average is $98.88 and its 200-day moving average is $90.34. The firm has a market capitalization of $137.57 billion, a price-to-earnings ratio of 51.08, a PEG ratio of 1.37 and a beta of 1.83. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. During the same period in the prior year, the business earned $0.60 earnings per share. Marvell Technology’s quarterly revenue was up 22.1% on a year-over-year basis. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Sell-side analysts forecast that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, April 10th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, April 10th. Marvell Technology’s dividend payout ratio is presently 7.79%.

Marvell Technology Company Profile

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.