Connor Clark & Lunn Investment Management Ltd. Sells 277,595 Shares of Marvell Technology, Inc. $MRVL

Connor Clark & Lunn Investment Management Ltd. reduced its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 18.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,195,889 shares of the semiconductor company’s stock after selling 277,595 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Marvell Technology were worth $100,538,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of Marvell Technology by 160.0% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Nova Wealth Management Inc. lifted its holdings in shares of Marvell Technology by 3,922.2% during the third quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 353 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of Marvell Technology during the second quarter valued at $32,000. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of Marvell Technology during the second quarter valued at $34,000. Finally, Hollencrest Capital Management boosted its position in shares of Marvell Technology by 23,350.0% during the second quarter. Hollencrest Capital Management now owns 469 shares of the semiconductor company’s stock valued at $36,000 after buying an additional 467 shares during the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the sale, the executive vice president directly owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. This represents a 20.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.19% of the company’s stock.

More Marvell Technology News

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

• Positive Sentiment: Beat-and-raise: Marvell reported Q4 revenue of ~$2.22B and $0.80 non-GAAP EPS, and materially lifted FY2027/FY2028 revenue targets (FY2027 near $11B; FY2028 outlook toward $15B+). Management highlighted accelerating demand from hyperscalers and expanding custom silicon wins, which underpins the post-earnings rally. Marvell’s Big Earnings Win Could Be the Start of Something Bigger
• Positive Sentiment: Analyst upgrades and bullish notes: Several analysts turned more positive and raised price targets after the print, citing stronger visibility into data-center growth and custom chip traction — a direct catalyst for investor demand. Marvell Technology (NASDAQ:MRVL) Shares Up 3.4% Following Analyst Upgrade
• Positive Sentiment: Structural AI/data-center thesis: Multiple commentaries highlight Marvell’s leading position in optics, interconnects, and custom silicon for hyperscalers; management cited rapid cadence of custom-chip engagements and doubled near-term inflection assumptions for data-center revenue. This is the primary long-term bull case. Marvell: A Sturdy AI Investment Worth A Large Position
• Positive Sentiment: Strategic M&A and supply wins: Recent buys (Xconn, Celestial AI) and continued supply to major hyperscalers were cited as strengthening Marvell’s roadmap across PCIe/CXL and memory — supports medium-term revenue/market-share upside. Marvell Technology Stock (MRVL) Opinions on Q4 Earnings Beat
• Neutral Sentiment: Unusual options flow and positioning: Heavy unusual options activity was reported after the guidance — including large volume in out-of-the-money puts — which can indicate hedging/profit-taking or speculative trades and may amplify intraday swings. Marvell Technology’s Strong Outlook Provokes Huge Unusual Options Trading
• Negative Sentiment: Short-term pullback/rotation: After the sharp post-earnings run, some outlets point to profit-taking and technical resistance causing the stock to retreat today; elevated volume and a stretched short-term move make a near-term consolidation plausible. Why Marvell Technology (MRVL) stock is down today

Marvell Technology Trading Down 3.1%

Shares of NASDAQ:MRVL opened at $90.44 on Thursday. The stock’s 50-day simple moving average is $81.68 and its two-hundred day simple moving average is $82.47. The stock has a market capitalization of $78.79 billion, a price-to-earnings ratio of 29.36, a PEG ratio of 0.95 and a beta of 1.97. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $102.77. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.01.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.40%. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.21 billion. During the same quarter in the prior year, the firm earned $0.60 EPS. The business’s revenue for the quarter was up 22.1% compared to the same quarter last year. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Analysts expect that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MRVL. Needham & Company LLC decreased their target price on Marvell Technology from $120.00 to $118.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft set a $120.00 price target on shares of Marvell Technology in a report on Tuesday, February 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Marvell Technology in a research note on Monday, December 29th. B. Riley Financial reissued a “buy” rating and set a $135.00 price objective (up from $130.00) on shares of Marvell Technology in a report on Friday, March 6th. Finally, Evercore restated an “outperform” rating and set a $133.00 price objective on shares of Marvell Technology in a research report on Wednesday, March 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $117.24.

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.