116,901 Shares in Marvell Technology, Inc. $MRVL Bought by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd purchased a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the 4th quarter, HoldingsChannel reports. The fund purchased 116,901 shares of the semiconductor company’s stock, valued at approximately $9,934,000.

Several other institutional investors have also added to or reduced their stakes in MRVL. Laurel Wealth Advisors LLC bought a new stake in Marvell Technology during the fourth quarter valued at $25,000. Jessup Wealth Management Inc bought a new stake in Marvell Technology in the fourth quarter worth approximately $25,000. Cherry Tree Wealth Management LLC bought a new stake in Marvell Technology in the fourth quarter worth approximately $26,000. Ankerstar Wealth LLC acquired a new position in Marvell Technology in the fourth quarter valued at approximately $34,000. Finally, Elyxium Wealth LLC bought a new position in shares of Marvell Technology during the 4th quarter worth approximately $40,000. 83.51% of the stock is currently owned by institutional investors.

Key Marvell Technology News

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

• Positive Sentiment: Investor optimism is being fueled by AI demand and bullish remarks that Marvell could play a major role in next-generation data-center and custom-chip programs, supporting the stock’s recent strength.
• Positive Sentiment: Wall Street analysts have been lifting or reiterating bullish price targets, including a notable upgrade to $345, which signals confidence in Marvell’s growth trajectory.
• Positive Sentiment: The company’s leadership update, including a new CFO, is being viewed as a potential positive for execution and financial discipline.
• Neutral Sentiment: Recent coverage says Marvell is a strong franchise and a major AI beneficiary, but investor focus is increasingly on whether the company can sustain the pace of growth already priced into the shares.
• Negative Sentiment: Some articles warn that Marvell may be “priced for perfection,” with the stock’s valuation requiring very strong revenue growth to keep justifying the rally.
• Negative Sentiment: Broader tech-sector weakness and afternoon selling in semiconductor names may be adding some pressure, even as Marvell-specific sentiment remains constructive.

Insider Activity

In related news, EVP Mark Casper sold 10,000 shares of the stock in a transaction on Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the transaction, the executive vice president owned 35,878 shares of the company’s stock, valued at $4,861,469. This represents a 21.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the sale, 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 disclosure for this sale is available in the SEC filing. 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. In the last quarter, insiders have sold 255,060 shares of company stock worth $31,959,772. Company insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

MRVL has been the subject of several research analyst reports. Stifel Nicolaus set a $321.00 price objective on shares of Marvell Technology in a research note on Tuesday, June 2nd. B. Riley Financial raised their price target on shares of Marvell Technology from $240.00 to $345.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Oppenheimer lifted their price target on shares of Marvell Technology from $200.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, May 28th. William Blair reissued an “outperform” rating on shares of Marvell Technology in a research report on Thursday, May 28th. Finally, JPMorgan Chase & Co. raised their target price on Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $224.68.

Marvell Technology Stock Down 9.8%

MRVL stock opened at $278.67 on Wednesday. The stock has a 50-day simple moving average of $189.96 and a two-hundred day simple moving average of $122.53. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $324.20. The firm has a market capitalization of $243.78 billion, a PE ratio of 95.43, a PEG ratio of 2.02 and a beta of 2.29. 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 (NASDAQ:MRVL) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.80. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. Marvell Technology’s revenue was up 27.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, equities analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

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.