Marvell Technology, Inc. $MRVL Stock Holdings Lifted by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. raised its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 2.3% in the first quarter, HoldingsChannel.com reports. The fund owned 471,884 shares of the semiconductor company’s stock after buying an additional 10,500 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in Marvell Technology were worth $46,740,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology during the 4th quarter valued at approximately $25,000. Jessup Wealth Management Inc acquired a new position in shares of Marvell Technology during the fourth quarter valued at $25,000. Cherry Tree Wealth Management LLC acquired a new position in shares of Marvell Technology during the fourth quarter valued at $26,000. MidFirst Bank bought a new position in shares of Marvell Technology during the fourth quarter worth about $28,000. Finally, Ankerstar Wealth LLC acquired a new stake in shares of Marvell Technology in the 4th quarter worth about $34,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Marvell is set to join the S&P 500 on June 22, which can drive demand from index funds and ETFs that track the benchmark.
• Positive Sentiment: Investor sentiment remains strong after Nvidia CEO Jensen Huang praised Marvell, reinforcing its role in AI infrastructure and custom chip design.
• Positive Sentiment: Recent analyst upgrades and sharply higher price targets suggest Wall Street sees more upside from Marvell’s AI networking and optical interconnect growth.
• Positive Sentiment: Marvell’s recent earnings and guidance continue to show solid demand, with revenue growth tied to data-center and custom-chip momentum.
• Neutral Sentiment: Several commentary pieces note that MRVL has run up quickly and may be trading at a demanding valuation, which could limit near-term upside even if the AI story stays intact.
• Neutral Sentiment: Technical notes suggest the stock remains in a strong uptrend near highs, but it may pause for consolidation after a steep move.
• Negative Sentiment: Marvell’s CFO filed to sell about $65 million of stock, and while insider sales can pressure sentiment, this looks like a large disclosure investors may view cautiously. Article: Marvell’s CFO Just Filed to Dump $65 Million of Stock
• Negative Sentiment: A separate insider sale by Sandeep Bharathi was also disclosed, though it was tied to a pre-arranged 10b5-1 plan and tax withholding, making it less concerning on its own.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Melius Research set a $220.00 price objective on shares of Marvell Technology in a research report on Monday, May 18th. Roth Mkm raised their price target on shares of Marvell Technology from $135.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Compass Point set a $190.00 price objective on Marvell Technology in a research report on Tuesday, May 26th. Susquehanna lifted their target price on Marvell Technology from $100.00 to $230.00 and gave the company a “positive” rating in a research note on Tuesday, May 26th. Finally, Morgan Stanley boosted their price target on Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $228.71.

Insiders Place Their Bets

In other news, CFO Willem A. Meintjes sold 30,000 shares of Marvell Technology stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total value of $4,020,300.00. Following the transaction, the chief financial officer directly owned 154,111 shares of the company’s stock, valued at $20,652,415.11. This trade represents a 16.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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, EVP Mark Casper sold 10,854 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the completion of the sale, the executive vice president directly owned 4,023 shares of the company’s stock, valued at $430,501.23. This trade represents a 72.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 257,291 shares of company stock worth $32,627,131. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Stock Performance

NASDAQ:MRVL opened at $310.58 on Monday. The company has a 50-day moving average of $201.51 and a 200-day moving average of $127.06. The firm has a market cap of $271.70 billion, a price-to-earnings ratio of 106.36, a price-to-earnings-growth ratio of 2.03 and a beta of 2.29. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. The business had revenue of $2.42 billion during 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%. The business’s quarterly revenue was up 27.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology 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.