Marvell Technology, Inc. $MRVL Holdings Boosted by TD Asset Management Inc

TD Asset Management Inc grew its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 129.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 647,155 shares of the semiconductor company’s stock after purchasing an additional 364,961 shares during the period. TD Asset Management Inc owned approximately 0.07% of Marvell Technology worth $192,781,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MRVL. Laurel Wealth Advisors LLC purchased a new position in shares of Marvell Technology during the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC raised its position in Marvell Technology by 978.3% during the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 225 shares during the period. Jessup Wealth Management Inc purchased a new stake in Marvell Technology in the 4th quarter worth about $25,000. Cherry Tree Wealth Management LLC purchased a new stake in Marvell Technology in the 4th quarter worth about $26,000. Finally, MidFirst Bank acquired a new stake in Marvell Technology during the 4th quarter worth about $28,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Trading Up 5.5%

Shares of NASDAQ:MRVL opened at $234.33 on Tuesday. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $204.99 billion, a PE ratio of 80.25, a P/E/G ratio of 1.39 and a beta of 2.24. Marvell Technology, Inc. has a 1 year low of $61.44 and a 1 year high of $329.88. The firm has a fifty day moving average price of $236.50 and a 200 day moving average price of $167.33.

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 the consensus estimate of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same period last year, the company earned $0.62 earnings per share. The business’s 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. Analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

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

More Marvell Technology News

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

• Positive Sentiment: Renewed demand for AI data-center infrastructure lifted Marvell alongside other networking and interconnect stocks. Investors are focusing on Marvell’s custom silicon, switching, optical connectivity, co-packaged optics, memory and storage products, which are designed to support rising bandwidth and power-efficiency requirements in large AI data centers. AI Networking Stocks Are Rallying on Monday
• Positive Sentiment: Recent product announcements, including new AI memory and storage infrastructure offerings and deeper involvement in co-packaged optics, reinforced the view that Marvell is becoming an important supplier to next-generation AI data-center buildouts. A planned $250 million investment in India over three years is also intended to expand technology, talent and infrastructure capabilities. Marvell Technology Deepens Its CPO Role
• Positive Sentiment: Analyst commentary was supportive ahead of earnings. UBS said Marvell is positioned well, while multiple Wall Street notes and price targets remained bullish; the median target among 25 analysts was reported at $250, with several individual targets ranging from $300 to $385. Semtech, Marvell Positioned Well Ahead of Earnings
• Positive Sentiment: Investors expect fiscal Q2 revenue of approximately $2.71 billion and earnings of about $0.87 per share. Marvell’s latest quarter showed 27.6% year-over-year revenue growth, supporting optimism that AI-related demand can continue driving results. What’s Going On With Marvell Technology Stock Monday?
• Neutral Sentiment: Institutional positioning was mixed: BlackRock, Invesco, State Street and JPMorgan reportedly increased holdings, while FMR and Ameriprise reduced their positions. This suggests strong interest but also ongoing portfolio rotation.
• Negative Sentiment: Marvell faces a high earnings bar after its AI-driven rally, and reported insider activity showed 21 open-market sales and no purchases over the past six months. These factors could increase volatility if upcoming results or guidance fail to meet elevated expectations.

Analyst Ratings Changes

MRVL has been the topic of several research analyst reports. Needham & Company LLC lifted their target price on Marvell Technology from $118.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Raymond James Financial set a $235.00 price target on shares of Marvell Technology and gave the stock a “strong-buy” rating in a report on Thursday, May 28th. B. Riley Financial boosted their price objective on shares of Marvell Technology from $240.00 to $345.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Morgan Stanley upped their price objective on shares of Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $195.00 target price on shares of Marvell Technology in a research note on Wednesday, August 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus price target of $244.65.

Insider Buying and Selling

In other news, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $236.08, for a total value of $1,770,600.00. Following the transaction, the chief executive officer owned 783,186 shares of the company’s stock, valued at $184,894,550.88. This trade represents a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total transaction of $632,272.50. Following the transaction, the chief financial officer directly owned 6,902 shares of the company’s stock, valued at approximately $1,939,531.02. This represents a 24.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 41,981 shares of company stock valued at $9,753,132 over the last 90 days. 0.12% of the stock is currently owned by insiders.

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.