Ilmarinen Mutual Pension Insurance Co Has $14.68 Million Stake in Marvell Technology, Inc. $MRVL

Ilmarinen Mutual Pension Insurance Co reduced its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 10.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 172,706 shares of the semiconductor company’s stock after selling 20,730 shares during the period. Ilmarinen Mutual Pension Insurance Co’s holdings in Marvell Technology were worth $14,677,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Trifecta Capital Advisors LLC boosted its stake in shares of Marvell Technology by 8.8% in the third quarter. Trifecta Capital Advisors LLC now owns 1,430 shares of the semiconductor company’s stock valued at $120,000 after buying an additional 116 shares during the period. Faithward Advisors LLC boosted its stake in shares of Marvell Technology by 2.1% in the third quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock valued at $525,000 after buying an additional 126 shares during the period. South Plains Financial Inc. boosted its stake in shares of Marvell Technology by 1.6% in the third quarter. South Plains Financial Inc. now owns 8,454 shares of the semiconductor company’s stock valued at $711,000 after buying an additional 130 shares during the period. GeoWealth Management LLC boosted its stake in shares of Marvell Technology by 5.1% in the third quarter. GeoWealth Management LLC now owns 2,808 shares of the semiconductor company’s stock valued at $236,000 after buying an additional 135 shares during the period. Finally, Parisi Gray Wealth Management boosted its stake in shares of Marvell Technology by 0.8% in the fourth quarter. Parisi Gray Wealth Management now owns 17,378 shares of the semiconductor company’s stock valued at $1,477,000 after buying an additional 143 shares during the period. 83.51% of the stock is currently owned by institutional investors.

Marvell Technology Stock Performance

NASDAQ MRVL opened at $204.83 on Friday. The company has a market capitalization of $183.80 billion, a price-to-earnings ratio of 70.15, a PEG ratio of 1.66 and a beta of 2.25. Marvell Technology, Inc. has a twelve month low of $58.61 and a twelve month high of $218.26. The stock has a fifty day simple moving average of $143.83 and a 200 day simple moving average of $105.25. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.80. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. Marvell Technology had a return on equity of 14.89% and a net margin of 28.99%.Marvell Technology’s quarterly revenue was up 27.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Sell-side analysts expect that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, April 10th. Marvell Technology’s dividend payout ratio (DPR) is presently 7.79%.

Key Marvell Technology News

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

• Positive Sentiment: Marvell reported revenue of $2.42 billion, ahead of estimates, with EPS of $0.80 matching expectations, showing solid execution as data center demand remained strong. Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised fiscal 2027 and 2028 revenue outlooks, citing exceptional AI-related bookings and stronger networking/custom silicon demand, which supports the view that growth could accelerate further. Marvell Lifts FY2027 Outlook As Revenue Growth Nears 40%
• Positive Sentiment: Multiple Wall Street firms raised price targets after the report, including JPMorgan, Bank of America, RBC, Stifel, Citi, UBS and Benchmark, signaling growing confidence in Marvell’s AI infrastructure opportunity. Marvell Buy Rating Reiterated as Arcuri Lifts Price Target to $230 on Accelerating AI-Driven Data Center Momentum
• Neutral Sentiment: Management highlighted “agentic AI” as a potential new driver for networking and infrastructure demand, reinforcing the long-term growth story but offering more strategic commentary than near-term financial impact. Marvell Thinks Agentic AI Could Trigger Another Infrastructure Boom
• Negative Sentiment: Despite the beat and higher guidance, some investors sold the stock anyway, suggesting the market is worried the AI growth story is already priced in after a strong run-up. Marvell Stock Drops After Earnings Beat. It Sees Growth in Powering the AI Boom.

Insider Activity

In other Marvell Technology news, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 739,397 shares in the company, valued at approximately $131,065,512.22. This trade represents a 1.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $162.76, for a total value of $1,627,600.00. Following the sale, the chief operating officer owned 209,592 shares of the company’s stock, valued at approximately $34,113,193.92. The trade was a 4.55% 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. In the last 90 days, insiders sold 245,060 shares of company stock worth $29,901,072. 0.12% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have weighed in on MRVL. Citigroup upped their target price on Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday. William Blair restated an “outperform” rating on shares of Marvell Technology in a research note on Thursday. Evercore restated an “outperform” rating and set a $155.00 target price on shares of Marvell Technology in a research note on Tuesday, May 19th. KGI Securities upgraded Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 target price for the company in a research note on Friday, March 6th. Finally, Zacks Research upgraded Marvell Technology from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $208.64.

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.