Elevation Point Wealth Partners LLC raised its position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 240.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,360 shares of the semiconductor company’s stock after acquiring an additional 8,730 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Marvell Technology were worth $1,039,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also made changes to their positions in the business. Vanguard Group Inc. grew its stake in Marvell Technology by 23.5% during the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after buying an additional 15,166,976 shares during the last quarter. Norges Bank acquired a new position in Marvell Technology during the 2nd quarter valued at about $716,713,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in Marvell Technology by 4,758.5% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,036,216 shares of the semiconductor company’s stock valued at $544,603,000 after buying an additional 6,891,393 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Marvell Technology by 59.7% in the third quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock valued at $1,397,751,000 after buying an additional 6,217,952 shares during the last quarter. Finally, Amundi boosted its holdings in Marvell Technology by 113.4% in the second quarter. Amundi now owns 8,648,350 shares of the semiconductor company’s stock worth $642,140,000 after acquiring an additional 4,596,309 shares in the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $93.08, for a total value of $465,400.00. Following 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.33% of the company’s stock.
Marvell Technology Price Performance
Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, sell-side analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on MRVL. Wells Fargo & Company boosted their price target on Marvell Technology from $90.00 to $135.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 3rd. Wall Street Zen cut shares of Marvell Technology from a “buy” rating to a “hold” rating in a research note on Sunday. Susquehanna reissued a “positive” rating on shares of Marvell Technology in a research report on Tuesday, February 24th. Zacks Research lowered shares of Marvell Technology from a “hold” rating to a “strong sell” rating in a research note on Monday, March 2nd. Finally, Morgan Stanley lifted their price objective on shares of Marvell Technology from $95.00 to $103.00 and gave the stock an “equal weight” rating in a research note on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $117.24.
Check Out Our Latest Research Report on Marvell Technology
More Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Live OFC demo underscores Marvell’s role in AI data centers — Marvell and Lumentum showed a rack-level demo of Marvell optical connectivity interoperating with Lumentum’s optical circuit switching, highlighting low-latency, energy-efficient fabrics for hyperscalers. This is concrete validation of Marvell’s connectivity roadmap into large AI deployments. Marvell Live OFC 2026 Demo Highlights Role In AI Data Centers
- Positive Sentiment: Evercore upgrade boosts sentiment and target — Evercore raised its price target to $155 (from $133) and kept an Outperform, citing robust guidance. Analyst support lifts expectations for multiple expansion and investor confidence in Marvell’s revenue trajectory. Evercore Cites Robust Guidance as Key Driver for Marvell Technology (MRVL) Upgrade
- Positive Sentiment: Partnership with Mojo Vision targets next‑gen optical interconnects — Marvell’s lead investment and collaboration with Mojo Vision to develop micro‑LED optical interconnects aims to address AI data-center bandwidth/scalability limits, complementing Marvell’s optical DSP and connectivity stack for hyperscalers. This expands long‑term TAM and technology differentiation. Marvell Tech (MRVL), Mojo Vision Partner to Develop Micro-LED Optical Interconnects
- Neutral Sentiment: Bullish commentary reiterates AI/valuation thesis but is opinion‑driven — Recent writeups summarize a bullish case (AI exposure, margin leverage, attractive PEG) but are analyst/opinion pieces rather than new company disclosures; they support demand for the stock but don’t change fundamentals immediately. Is Marvell Technology, Inc. (MRVL) A Good Stock To Buy Now? Is Marvell Technology, Inc. (MRVL) A Good Stock To Buy Now?
- Negative Sentiment: Competitor product release (Silicon Motion SM8008) could pressure segments — Silicon Motion’s new PCIe Gen5 NVMe controller targeting AI/data centers (high throughput, low power, enterprise security) signals rising competition in storage/controller markets that overlap some data‑center use cases Marvell targets. That may create pricing or share pressures in certain segments. Can Silicon Motion’s New SM8008 SSD Controller Launch Stoke Growth?
- Negative Sentiment: Wall Street Zen downgraded MRVL’s rating — A published rating cut lowers some investor appetite and can increase near‑term volatility even as other analysts remain positive. Marvell Technology (NASDAQ:MRVL) Stock Rating Lowered by Wall Street Zen
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.
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