Marvell Technology, Inc. $MRVL Shares Bought by Tredje AP fonden

Tredje AP fonden boosted its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 16.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 522,888 shares of the semiconductor company’s stock after purchasing an additional 73,188 shares during the period. Tredje AP fonden’s holdings in Marvell Technology were worth $44,435,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new stake in Marvell Technology during the 4th quarter worth about $25,000. Elyxium Wealth LLC acquired a new stake in Marvell Technology during the 4th quarter worth about $40,000. Strive Asset Management LLC acquired a new stake in Marvell Technology during the 3rd quarter worth about $42,000. Whittier Trust Co. of Nevada Inc. grew its position in Marvell Technology by 98.0% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 244 shares during the period. Finally, Avalon Trust Co grew its position in Marvell Technology by 70.6% during the 3rd quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 269 shares during the period. 83.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MRVL. Rosenblatt Securities increased their price target on Marvell Technology from $115.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. KGI Securities raised Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 price target on the stock in a research report on Friday, March 6th. TD Cowen increased their price target on Marvell Technology from $90.00 to $190.00 and gave the stock a “hold” rating in a research report on Friday. Benchmark reaffirmed a “buy” rating and set a $130.00 price target on shares of Marvell Technology in a research report on Tuesday, March 31st. Finally, Zacks Research raised shares of Marvell Technology from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.30.

Insider Transactions at Marvell Technology

In related news, insider Sandeep Bharathi sold 66,892 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $130.35, for a total value of $8,719,372.20. Following the transaction, the insider directly owned 55,199 shares of the company’s stock, valued at approximately $7,195,189.65. This trade represents a 54.79% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $110.24, for a total transaction of $1,102,400.00. Following the completion of the transaction, the chief operating officer directly owned 133,870 shares in the company, valued at $14,757,828.80. This represents a 6.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 245,060 shares of company stock worth $29,901,072 in the last three months. 0.33% of the stock is owned by corporate insiders.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Analysts and commentators remain constructive on Marvell’s AI infrastructure opportunity, highlighting its focus on optical interconnects for data centers and raising growth expectations for that segment. Marvell Leans Into Optical Networking As AI Growth And Valuation Questions Build
• Positive Sentiment: Market commentary also stayed upbeat after Jim Cramer said Marvell “can go higher,” reinforcing investor enthusiasm around the stock’s AI growth story. Jim Cramer on Marvell: “It Can Go Higher”
• Positive Sentiment: Recent coverage noted that Marvell has more than doubled year to date, reflecting strong momentum tied to AI demand and ongoing investor interest in semiconductor names. Marvell (MRVL) More than Doubled This Year. The AI Opportunity Still Looks Bigger
• Neutral Sentiment: Premarket trading briefly pushed the stock higher as chip-sector momentum continued, showing the name is still highly sensitive to AI and semiconductor sentiment. What’s Going On With Marvell Stock Monday?
• Negative Sentiment: MRVL fell more than the broader market in the latest session, suggesting some profit-taking after the sharp rally and raising concerns that valuation may be stretched. Marvell Technology (MRVL) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: The stock also faces headwinds from insider sales, including a recent CFO share sale and another CEO stock sale, which can weigh on sentiment even when the trades are pre-planned. Marvell Technology, Inc. (NASDAQ:MRVL) CFO Willem A. Meintjes sold 4,000 shares…

Marvell Technology Trading Down 4.5%

MRVL stock opened at $168.93 on Tuesday. The company’s 50-day simple moving average is $127.14 and its 200-day simple moving average is $99.40. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a 52-week low of $58.61 and a 52-week high of $192.15. The firm has a market cap of $151.59 billion, a P/E ratio of 54.85, a PEG ratio of 1.48 and a beta of 2.25.

Marvell Technology (NASDAQ:MRVL) last posted its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business 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 company posted $0.60 EPS. The company’s revenue for the quarter was up 22.1% on a year-over-year basis. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, equities analysts forecast that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, April 10th. Marvell Technology’s dividend payout ratio is presently 7.79%.

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.