Marvell Technology, Inc. $MRVL Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB boosted its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 8.0% during the 4th quarter, Holdings Channel reports. The fund owned 578,204 shares of the semiconductor company’s stock after acquiring an additional 43,054 shares during the quarter. Handelsbanken Fonder AB’s holdings in Marvell Technology were worth $49,136,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Trifecta Capital Advisors LLC raised its holdings in Marvell Technology by 8.8% in the third quarter. Trifecta Capital Advisors LLC now owns 1,430 shares of the semiconductor company’s stock valued at $120,000 after acquiring an additional 116 shares in the last quarter. Faithward Advisors LLC raised its holdings in Marvell Technology by 2.1% in the third quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock valued at $525,000 after acquiring an additional 126 shares in the last quarter. South Plains Financial Inc. raised its holdings in Marvell Technology by 1.6% in the third quarter. South Plains Financial Inc. now owns 8,454 shares of the semiconductor company’s stock valued at $711,000 after acquiring an additional 130 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in Marvell Technology by 1.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 7,353 shares of the semiconductor company’s stock valued at $618,000 after acquiring an additional 133 shares in the last quarter. Finally, GeoWealth Management LLC raised its holdings in Marvell Technology by 5.1% in the third quarter. GeoWealth Management LLC now owns 2,808 shares of the semiconductor company’s stock valued at $236,000 after acquiring an additional 135 shares in the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Stock Up 4.3%

MRVL stock opened at $176.27 on Wednesday. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a twelve month low of $58.61 and a twelve month high of $192.15. The company’s 50 day moving average is $128.87 and its two-hundred day moving average is $100.00. The stock has a market cap of $158.17 billion, a P/E ratio of 57.23, a PEG ratio of 1.41 and a beta of 2.25.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The company had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.21 billion. During the same quarter last year, the company earned $0.60 earnings per share. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Research analysts expect that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is presently 7.79%.

Analysts Set New Price Targets

MRVL has been the topic of several analyst reports. Evercore reaffirmed an “outperform” rating and issued a $155.00 target price on shares of Marvell Technology in a report on Tuesday. TD Cowen raised their target price on shares of Marvell Technology from $90.00 to $190.00 and gave the company a “hold” rating in a report on Friday. Barclays raised shares of Marvell Technology from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $105.00 to $150.00 in a report on Thursday, April 9th. Royal Bank Of Canada raised their target price on shares of Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Finally, Bank of America raised their price objective on shares of Marvell Technology from $125.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.97.

Marvell Technology News Summary

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

• Positive Sentiment: Analysts continue to model long-term earnings growth for Marvell, with Zacks Research slightly raising several forward EPS estimates, which supports the view that AI-related demand can keep expanding. Marvell Technology analyst estimate updates
• Positive Sentiment: Investor interest remains tied to Marvell’s AI networking and optical interconnect strategy, with recent commentary pointing to stronger growth expectations in data-center infrastructure. Marvell Leans Into Optical Networking As AI Growth And Valuation Questions Build
• Positive Sentiment: Longer-term bullish articles continue to frame Marvell as a major beneficiary of AI capex, reinforcing the stock’s strong multi-month momentum. Marvell (MRVL) More than Doubled This Year. The AI Opportunity Still Looks Bigger
• Neutral Sentiment: Some market commentary suggests Marvell can still move higher alongside semiconductor momentum, but this has not yet changed the valuation debate. What’s Going On With Marvell Stock Monday?
• Negative Sentiment: Recent trading showed MRVL underperforming the broader market, indicating near-term selling pressure after a steep rally. Marvell Technology (MRVL) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Insider selling, including CFO Willem Meintjes selling 4,000 shares under a pre-arranged trading plan, may add to caution even though the sale was not unusual. Marvell Technology insider sale details
• Negative Sentiment: One recent note argued that Marvell’s huge AI-driven run has already priced in much of the upside, which is fueling valuation concerns. Marvell Price Prediction. The Stock Is Up 179% in a Year and Our Model Says the Easy Money Is Gone

Insider Buying and Selling at Marvell Technology

In other news, EVP Mark Casper sold 10,854 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the transaction, the executive vice president directly owned 4,023 shares in the company, valued at approximately $430,501.23. This trade represents a 72.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Willem A. Meintjes sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $134.01, for a total transaction of $4,020,300.00. Following the transaction, the chief financial officer owned 154,111 shares in the company, valued at approximately $20,652,415.11. This trade represents a 16.29% decrease in their ownership of the stock. 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 sold 245,060 shares of company stock valued at $29,901,072. 0.33% of the stock is owned by company insiders.

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.