KBC Group NV Sells 154,860 Shares of Marvell Technology, Inc. $MRVL

KBC Group NV cut its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 37.3% in the 1st quarter, HoldingsChannel reports. The fund owned 260,229 shares of the semiconductor company’s stock after selling 154,860 shares during the quarter. KBC Group NV’s holdings in Marvell Technology were worth $25,776,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MRVL. Mayflower Financial Advisors LLC lifted its position in Marvell Technology by 1.7% in the first quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock valued at $407,000 after purchasing an additional 68 shares during the last quarter. Bell Investment Advisors Inc grew its holdings in shares of Marvell Technology by 12.9% in the first quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock worth $62,000 after purchasing an additional 72 shares during the last quarter. World Equity Group Inc. grew its holdings in shares of Marvell Technology by 2.1% in the first quarter. World Equity Group Inc. now owns 3,919 shares of the semiconductor company’s stock worth $388,000 after purchasing an additional 80 shares during the last quarter. Schear Investment Advisers LLC increased its stake in shares of Marvell Technology by 1.4% in the first quarter. Schear Investment Advisers LLC now owns 7,551 shares of the semiconductor company’s stock worth $748,000 after buying an additional 106 shares during the period. Finally, Enterprise Financial Services Corp increased its stake in shares of Marvell Technology by 3.5% in the first quarter. Enterprise Financial Services Corp now owns 3,188 shares of the semiconductor company’s stock worth $316,000 after buying an additional 107 shares during the period. 83.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Marvell Technology

In other news, CFO Daniel Durn sold 2,250 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total value of $632,272.50. Following the completion of the transaction, the chief financial officer owned 6,902 shares in the company, valued at $1,939,531.02. This trade represents a 24.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total value of $667,359.03. Following the sale, the insider owned 55,530 shares in the company, valued at $16,610,688.90. This represents a 3.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 90 days, insiders sold 45,981 shares of company stock worth $9,835,542. Insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on MRVL shares. The Goldman Sachs Group set a $180.00 price target on shares of Marvell Technology in a research report on Thursday, May 28th. UBS Group boosted their price objective on shares of Marvell Technology from $230.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. upped their price objective on shares of Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. TD Cowen increased their target price on shares of Marvell Technology from $180.00 to $200.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Finally, Morgan Stanley raised their target price on Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and an average target price of $245.45.

Marvell Technology Stock Up 6.7%

Shares of Marvell Technology stock opened at $207.96 on Wednesday. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 12-month low of $61.44 and a 12-month high of $329.88. The company has a market cap of $181.92 billion, a P/E ratio of 71.22, a PEG ratio of 1.28 and a beta of 2.20. The company’s fifty day simple moving average is $241.88 and its two-hundred day simple moving average is $151.14.

Marvell Technology (NASDAQ:MRVL) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate 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 net margin of 28.99% and a return on equity of 13.83%. The company’s quarterly revenue was up 27.6% compared to the same quarter last year. During the same period last year, the company posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Research analysts anticipate that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Friday, July 10th will be issued a $0.06 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is 8.22%.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell is benefiting from renewed enthusiasm for AI infrastructure spending, which lifted semiconductor stocks across the market and helped chip names like MRVL rally. Marvell Stock Jumps As AI Infrastructure Spending Boom Powers Semiconductor Rally
• Positive Sentiment: Market coverage highlighted Marvell among the chip leaders powering a Nasdaq rebound, with investors buying back into memory and AI-related semiconductor stocks after recent weakness. Stock Market Today: Nasdaq Higher As Memory Chip Names Rally; Schwab Slides (Live Coverage)
• Positive Sentiment: Analysts and media pieces pointed to Marvell’s strong first-half performance and improving growth profile, reinforcing the view that the stock remains a key AI infrastructure play. Why Marvell Jumped 251% in the First Half of the Year
• Neutral Sentiment: Several commentary pieces noted that Marvell’s valuation has become a renewed topic of debate, suggesting the rally may face scrutiny if growth expectations cool. Marvell Technology (MRVL) Rises With AI Chip Rally As Valuation Questions Return
• Negative Sentiment: Some articles reminded investors that Marvell is still well below its recent highs, with caution that the stock’s earlier AI-driven surge may have outpaced fundamentals. Marvell Technology: The Stock Is Down 39% From Its High. Time to Buy the Dip?

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.