OP Asset Management Ltd Makes New Investment in Marvell Technology, Inc. $MRVL

OP Asset Management Ltd acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 143,220 shares of the semiconductor company’s stock, valued at approximately $14,186,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Thoma Capital Management LLC raised its position in Marvell Technology by 1.3% in the 1st quarter. Thoma Capital Management LLC now owns 8,711 shares of the semiconductor company’s stock valued at $863,000 after purchasing an additional 114 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of Marvell Technology by 669.0% during the first quarter. Assenagon Asset Management S.A. now owns 1,391,623 shares of the semiconductor company’s stock worth $137,840,000 after buying an additional 1,210,651 shares in the last quarter. Focused Wealth Management Inc purchased a new stake in shares of Marvell Technology during the first quarter worth approximately $608,000. Centennial Wealth Advisory LLC purchased a new stake in shares of Marvell Technology during the first quarter worth approximately $232,000. Finally, AdvisorNet Financial Inc raised its holdings in Marvell Technology by 4.5% in the first quarter. AdvisorNet Financial Inc now owns 3,622 shares of the semiconductor company’s stock valued at $359,000 after acquiring an additional 157 shares in the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total value of $1,329,450.00. Following the transaction, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at $131,065,512.22. The trade was a 1.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Willem A. Meintjes sold 4,000 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $175.24, for a total transaction of $700,960.00. Following the sale, the chief financial officer owned 226,675 shares of the company’s stock, valued at approximately $39,722,527. This represents a 1.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 185,127 shares of company stock valued at $25,874,325. 0.12% of the stock is owned by insiders.

Wall Street Analyst Weigh In

MRVL has been the subject of a number of recent research reports. HSBC set a $300.00 price target on shares of Marvell Technology and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Evercore restated an “outperform” rating and issued a $155.00 price objective on shares of Marvell Technology in a report on Tuesday, May 19th. Morgan Stanley lifted their price objective on shares of Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Citigroup boosted their target price on shares of Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, William Blair reissued an “outperform” rating on shares of Marvell Technology in a report on Thursday, May 28th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $233.68.

More Marvell Technology News

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

• Positive Sentiment: Bank of America and KeyBanc both raised their price targets on Marvell, reflecting confidence in the company’s AI networking and data-center growth opportunity. Benzinga report
• Positive Sentiment: Coverage continues to emphasize Marvell’s role in AI infrastructure, especially its networking and bandwidth solutions, which supports the stock’s recent rally. Insider Monkey article
• Neutral Sentiment: Several articles note that Marvell’s huge run-up in 2026 means the stock may already be pricing in much of the AI optimism, which could limit near-term upside if growth expectations cool. Yahoo Finance article
• Negative Sentiment: CFO Daniel Durn sold 2,250 shares, a small insider sale that may slightly temper sentiment even though it does not change the broader bullish thesis. SEC filing

Marvell Technology Stock Down 1.3%

Marvell Technology stock opened at $275.40 on Thursday. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88. 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 company has a market capitalization of $240.92 billion, a P/E ratio of 94.32, a PEG ratio of 1.83 and a beta of 2.29. The stock has a 50-day simple moving average of $211.16 and a 200-day simple moving average of $131.08.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.80. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business’s revenue was up 27.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts expect that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

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.