Wealthfront Advisers LLC boosted its stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 8.6% in the 1st quarter, Holdings Channel reports. The firm owned 76,173 shares of the semiconductor company’s stock after purchasing an additional 6,022 shares during the period. Wealthfront Advisers LLC’s holdings in Marvell Technology were worth $7,545,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MRVL. Focused Wealth Management Inc purchased a new position in Marvell Technology during the 1st quarter valued at about $608,000. Swedbank AB grew its position in Marvell Technology by 2.8% in the 1st quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock valued at $315,925,000 after acquiring an additional 85,816 shares in the last quarter. Wilson Asset Management International PTY Ltd. grew its position in Marvell Technology by 20.4% in the 4th quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock valued at $11,442,000 after acquiring an additional 22,837 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in Marvell Technology by 49.7% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company’s stock worth $27,105,000 after purchasing an additional 90,800 shares during the period. Finally, Varma Mutual Pension Insurance Co increased its stake in Marvell Technology by 25.4% during the fourth quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock worth $13,477,000 after purchasing an additional 32,130 shares during the period. Hedge funds and other institutional investors own 83.51% of the company’s stock.
Insider Activity at Marvell Technology
In other news, CFO Daniel Durn sold 2,250 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total value of $632,272.50. Following the sale, the chief financial officer directly owned 6,902 shares in the company, valued at approximately $1,939,531.02. This trade represents a 24.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction 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 sale, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. This trade represents a 1.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 45,981 shares of company stock worth $9,835,542 over the last ninety days. 0.12% of the stock is currently owned by insiders.
Marvell Technology Price Performance
Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the previous year, the company posted $0.62 earnings per share. The business’s revenue for the quarter was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.
Marvell Technology Dividend Announcement
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 paid a $0.06 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s payout ratio is currently 8.22%.
Analyst Ratings Changes
Several research firms have recently commented on MRVL. Rosenblatt Securities reissued a “buy” rating and issued a $240.00 price objective on shares of Marvell Technology in a research note on Friday, June 12th. Stifel Nicolaus upped their target price on shares of Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $360.00 target price on shares of Marvell Technology in a research note on Tuesday, July 7th. Erste Group Bank lowered shares of Marvell Technology from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Melius Research set a $220.00 price target on shares of Marvell Technology in a research report on Monday, May 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $245.45.
View Our Latest Stock Analysis on Marvell Technology
Key Stories Impacting 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. Estimate revision reference
- 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
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.
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