Mizuho Markets Americas LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the 1st quarter, Holdings Channel reports. The firm bought 4,314 shares of the semiconductor company’s stock, valued at approximately $427,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of MRVL. Sei Investments Co. lifted its position in shares of Marvell Technology by 42.7% during the 1st quarter. Sei Investments Co. now owns 671,534 shares of the semiconductor company’s stock valued at $66,517,000 after acquiring an additional 200,905 shares during the period. State of Wyoming grew its holdings in shares of Marvell Technology by 69.1% in the 1st quarter. State of Wyoming now owns 6,359 shares of the semiconductor company’s stock worth $630,000 after acquiring an additional 2,598 shares during the period. NewEdge Wealth LLC increased its stake in Marvell Technology by 52.4% in the 1st quarter. NewEdge Wealth LLC now owns 15,904 shares of the semiconductor company’s stock valued at $1,575,000 after purchasing an additional 5,468 shares in the last quarter. First Citizens Bank & Trust Co. raised its holdings in Marvell Technology by 3.6% during the first quarter. First Citizens Bank & Trust Co. now owns 8,266 shares of the semiconductor company’s stock worth $819,000 after purchasing an additional 284 shares during the last quarter. Finally, CI Investments Inc. boosted its position in Marvell Technology by 1,152.4% during the first quarter. CI Investments Inc. now owns 323,682 shares of the semiconductor company’s stock worth $32,061,000 after purchasing an additional 297,837 shares in the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research firms have weighed in on MRVL. William Blair reissued an “outperform” rating on shares of Marvell Technology in a report on Thursday, May 28th. Susquehanna boosted their price objective on shares of Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a research report on Tuesday, May 26th. Roth Capital increased their price objective on shares of Marvell Technology from $135.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Benchmark raised their target price on shares of Marvell Technology from $130.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Morgan Stanley lifted their target price 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. Three 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $245.45.
Marvell Technology Stock Down 0.8%
Shares of NASDAQ:MRVL opened at $209.32 on Friday. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $183.11 billion, a P/E ratio of 71.68, a P/E/G ratio of 1.32 and a beta of 2.20. Marvell Technology, Inc. has a 52-week low of $61.44 and a 52-week high of $329.88. The stock’s fifty day simple moving average is $243.07 and its 200-day simple moving average is $152.87.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter last year, the business posted $0.62 EPS. The firm’s quarterly revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities research analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.
Marvell Technology Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Friday, July 10th will be issued a dividend of $0.06 per share. The ex-dividend date is Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s payout ratio is 8.22%.
Insiders Place Their Bets
In related news, CFO Willem A. Meintjes sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $175.24, for a total transaction of $700,960.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the sale, the chief executive officer owned 739,397 shares in the company, valued at approximately $131,065,512.22. This trade represents a 1.00% decrease in their position. 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. Over the last quarter, insiders have sold 45,981 shares of company stock valued at $9,835,542. 0.12% of the stock is currently owned by insiders.
Marvell Technology News Roundup
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Several pieces argue Marvell remains a key beneficiary of AI data center and networking spending, with analysts highlighting surging demand for AI connectivity chips and the long-term growth potential of AI infrastructure. Article: 4 Networking Semiconductor Stocks to Watch in August 2026
- Positive Sentiment: Commentary on Marvell’s recent selloff suggests the market may be overreacting, with bullish takes pointing to accelerating AI bookings, raised guidance, and the possibility that the stock’s decline has created a buying opportunity. Article: Wall Street is Bullish on Marvell. Here’s Our Price Target.
- Positive Sentiment: Multiple articles compare Marvell favorably as an AI infrastructure play, emphasizing that revenue trends and industry demand remain strong even if rivals like Nvidia are growing faster. Article: AI Infrastructure Will Mint More Millionaires Over the Next Decade: 3 Stocks to Buy Right Now
- Neutral Sentiment: Options-market coverage suggests traders are bracing for a larger move in MRVL, which adds to volatility expectations but does not clearly point to a directional catalyst. Article: What the Options Market Is Signaling About Marvell Technology Stock’s Next Big Swing
- Negative Sentiment: Some coverage highlights that Marvell’s revenue growth is still trailing Nvidia’s stronger upward trend in AI-related sales, which could temper enthusiasm versus faster-growing peers. Article: Marvell Technology vs. Nvidia: What Do the Revenue Trends of These Artificial Intelligence Companies Tell Investors?
About Marvell Technology
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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