Victory Capital Management Inc. Acquires 101,651 Shares of Marvell Technology, Inc. $MRVL

Victory Capital Management Inc. lifted its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 15.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 742,927 shares of the semiconductor company’s stock after acquiring an additional 101,651 shares during the quarter. Victory Capital Management Inc. owned approximately 0.09% of Marvell Technology worth $62,458,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of MRVL. Intech Investment Management LLC raised its holdings in shares of Marvell Technology by 3.9% during the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock worth $1,772,000 after purchasing an additional 1,085 shares during the last quarter. Versor Investments LP acquired a new position in shares of Marvell Technology in the 2nd quarter worth approximately $286,000. Sigma Planning Corp grew its stake in shares of Marvell Technology by 32.7% in the second quarter. Sigma Planning Corp now owns 11,183 shares of the semiconductor company’s stock worth $866,000 after acquiring an additional 2,757 shares in the last quarter. Moors & Cabot Inc. increased its holdings in Marvell Technology by 186.4% in the second quarter. Moors & Cabot Inc. now owns 19,802 shares of the semiconductor company’s stock valued at $1,533,000 after buying an additional 12,889 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in Marvell Technology by 6.9% in the second quarter. First Horizon Advisors Inc. now owns 2,115 shares of the semiconductor company’s stock valued at $164,000 after buying an additional 137 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Company beat near-term expectations and raised guidance — Marvell reported a stronger-than-expected Q4 and issued Q1 EPS guidance (0.740–0.840) and revenue outlook that leaned above Street forecasts, driving the initial surge in buying. Marvell Q4 Results (BusinessWire)
• Positive Sentiment: Multiple analyst upgrades and higher price targets — Several firms raised ratings/targets (including JPMorgan, B. Riley, BofA, Benchmark, KGI and others), which amplifies buy-side interest and helped lift momentum. Analysts Boost Forecasts (Benzinga)
• Positive Sentiment: Management points to accelerating AI/data-center demand — CEO comments and disclosures that data-center revenue is growing (cited at ~$1.5B) reinforced the view Marvell’s custom AI chips and networking products have durable tailwinds. CEO Comments on AI Demand (CNBC)
• Positive Sentiment: Technical and order-flow bullish signals — Traders flagged a Power Inflow alert and breakout through resistance, which attracted short-term momentum buyers. Trading Signal (Benzinga)
• Positive Sentiment: Heavy options and media attention — Unusually large call buying and coverage (including Jim Cramer commentary) magnified intraday momentum and dealer hedging flows. Jim Cramer Note (24/7 Wall St.)
• Neutral Sentiment: Not all firms are unanimous — a few analysts kept cautious stances or lower targets (e.g., TD Cowen’s Hold at ~$90), so some of today’s moves reflect shifting expectations rather than uniform conviction. TD Cowen Hold/Note (TipRanks)
• Neutral Sentiment: Macro & headline risk remains — broader market volatility (oil tensions, jobs data) can amplify swings in a high-beta semiconductor name like Marvell. Market Context (Investopedia)
• Negative Sentiment: Data/third‑party discrepancies and concentration risk flagged — some third‑party summaries showed mixed figures and analysts still warn about customer concentration and execution risk, which could limit multiple expansion if growth slows. Alternate Q4 Read (QuiverQuant)

Insider Buying and Selling at Marvell Technology

In other news, EVP Mark Casper sold 5,000 shares of Marvell Technology stock in a transaction on Monday, January 5th. The stock was sold at an average price of $93.08, for a total value of $465,400.00. Following the transaction, the executive vice president owned 19,418 shares in the company, valued at approximately $1,807,427.44. This trade represents a 20.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Summit Insights upgraded shares of Marvell Technology from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Raymond James Financial reiterated a “strong-buy” rating on shares of Marvell Technology in a report on Tuesday, January 6th. The Goldman Sachs Group upped their price target on shares of Marvell Technology from $80.00 to $90.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. KeyCorp lifted their price objective on shares of Marvell Technology from $90.00 to $130.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 3rd. Finally, Citigroup boosted their target price on shares of Marvell Technology from $113.00 to $118.00 and gave the company a “buy” rating in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.24.

Marvell Technology Stock Performance

NASDAQ MRVL opened at $89.67 on Friday. Marvell Technology, Inc. has a twelve month low of $47.08 and a twelve month high of $102.77. The stock has a market cap of $78.12 billion, a P/E ratio of 29.11, a PEG ratio of 0.62 and a beta of 1.97. The company’s 50-day simple moving average is $81.30 and its 200 day simple moving average is $81.97. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.40%. Marvell Technology’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, research analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Shareholders of record on Friday, January 9th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, January 9th. This represents a $0.24 annualized dividend and a yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is currently 8.42%.

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.