BNP Paribas Sells 13,264 Shares of Marvell Technology, Inc. $MRVL

BNP Paribas decreased its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 11.3% in the 4th quarter, HoldingsChannel reports. The firm owned 103,698 shares of the semiconductor company’s stock after selling 13,264 shares during the quarter. BNP Paribas’ holdings in Marvell Technology were worth $8,843,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Intech Investment Management LLC increased its stake in shares of Marvell Technology by 3.9% in the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock valued at $1,772,000 after buying an additional 1,085 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of Marvell Technology by 22.7% in the 2nd quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock worth $1,348,000 after purchasing an additional 3,221 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of Marvell Technology in the 2nd quarter worth $354,000. Treasurer of the State of North Carolina lifted its holdings in shares of Marvell Technology by 3.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock worth $31,256,000 after purchasing an additional 11,572 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of Marvell Technology by 1.0% in the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock worth $31,855,000 after purchasing an additional 4,060 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Trading Up 7.0%

Shares of MRVL opened at $219.43 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The firm has a market cap of $196.90 billion, a P/E ratio of 75.15, a price-to-earnings-growth ratio of 1.48 and a beta of 2.25. Marvell Technology, Inc. has a fifty-two week low of $59.53 and a fifty-two week high of $225.14. The business has a 50-day moving average of $148.77 and a 200 day moving average of $106.95.

Marvell Technology (NASDAQ:MRVL) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting analysts’ consensus estimates 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 return on equity of 13.83% and a net margin of 28.99%.The company’s quarterly revenue was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts forecast that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, April 10th. Marvell Technology’s dividend payout ratio (DPR) is 8.22%.

Insider Activity

In other news, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the completion of the sale, the insider owned 55,199 shares in the company, valued at approximately $7,195,189.65. This trade represents a 54.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 10,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the completion of the sale, the executive vice president owned 35,878 shares of the company’s stock, valued at $4,861,469. The trade was a 21.80% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 255,060 shares of company stock worth $31,959,772. Company insiders own 0.12% of the company’s stock.

Analyst Upgrades and Downgrades

MRVL has been the topic of a number of recent research reports. UBS Group increased their target price on Marvell Technology from $195.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday. Bank of America raised their price objective on Marvell Technology from $200.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Scotiabank started coverage on Marvell Technology in a research note on Tuesday, May 26th. They set an “outperform” rating on the stock. Morgan Stanley raised their price objective on Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price objective on shares of Marvell Technology in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $212.34.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell unveiled its Teralynx T100, the industry’s first 102.4 Tbps switch silicon purpose-built for AI and cloud data centers, reinforcing its role in high-growth AI networking infrastructure. Marvell Announces Availability of Industry’s First 102.4 Tbps Switch Purpose-Built for AI and Cloud Data Center Infrastructure
• Positive Sentiment: Several articles highlight that Nvidia’s AI spending and photonics push validate Marvell’s biggest growth driver: the need for faster, lower-power data movement inside AI systems. Nvidia Validated Marvell’s Biggest Growth Driver
• Positive Sentiment: Deutsche Bank raised its price target on Marvell to $240 from $120 and reiterated a Buy rating, signaling stronger confidence in the company’s post-earnings outlook. Deutsche Bank Raises its Price Target on Marvell (MRVL)
• Positive Sentiment: Commentary around Marvell’s strong outlook and the possibility of another AI infrastructure spending wave from “agentic AI” has kept sentiment upbeat after the recent earnings report. Marvell Thinks Agentic AI Could Trigger Another Infrastructure Boom
• Neutral Sentiment: Articles discussing Marvell’s international revenue trends are mainly framing how overseas sales may affect analyst estimates, but they do not point to a major new catalyst by themselves. Interpreting Marvell (MRVL) International Revenue Trends
• Neutral Sentiment: Some coverage notes that MRVL has already had a huge run and is trading near all-time highs, which may temper upside expectations even as fundamentals remain strong. Marvell Technology Stock Hits a New All-Time High. Is It Still a Buy?
• Negative Sentiment: A downgrade article argues that AI enthusiasm may already be running far, suggesting valuation risk if investor expectations become too aggressive. Marvell: I Exited For +112%, But AI Euphoria May Run Further (Rating Downgrade)

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.