Krilogy Financial LLC Has $3.37 Million Stock Position in Marvell Technology, Inc. $MRVL

Krilogy Financial LLC lessened its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 27.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,976 shares of the semiconductor company’s stock after selling 12,594 shares during the quarter. Krilogy Financial LLC’s holdings in Marvell Technology were worth $3,365,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilson Asset Management International PTY Ltd. increased its holdings in shares of Marvell Technology by 20.4% in the fourth quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock valued at $11,442,000 after purchasing an additional 22,837 shares during the last quarter. Varma Mutual Pension Insurance Co lifted its stake in shares of Marvell Technology by 25.4% during the 4th quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock worth $13,477,000 after buying an additional 32,130 shares during the last quarter. Lombard Odier Asset Management USA Corp lifted its stake in shares of Marvell Technology by 60.5% during the 3rd quarter. Lombard Odier Asset Management USA Corp now owns 32,032 shares of the semiconductor company’s stock worth $2,693,000 after buying an additional 12,076 shares during the last quarter. Jain Global LLC boosted its holdings in shares of Marvell Technology by 189.6% during the 3rd quarter. Jain Global LLC now owns 443,538 shares of the semiconductor company’s stock worth $37,288,000 after buying an additional 290,402 shares during the period. Finally, Hoertkorn Richard Charles acquired a new position in Marvell Technology in the 4th quarter valued at about $22,732,000. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Down 9.4%

MRVL stock opened at $279.04 on Wednesday. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The business has a 50-day simple moving average of $208.28 and a 200 day simple moving average of $129.83. 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 cap of $244.10 billion, a PE ratio of 95.56, a price-to-earnings-growth ratio of 2.02 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the prior year, the company posted $0.62 earnings per share. The business’s revenue for the quarter was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Sell-side analysts anticipate that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Insider Activity at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $205.87, for a total transaction of $2,058,700.00. Following the sale, the chief operating officer owned 237,392 shares in the company, valued at approximately $48,871,891.04. This trade represents a 4.04% decrease in their position. The transaction 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, CFO Daniel Durn sold 2,250 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total transaction of $632,272.50. Following the transaction, the chief financial officer owned 6,902 shares of the company’s stock, valued at approximately $1,939,531.02. This represents a 24.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 259,541 shares of company stock worth $33,259,404 in the last 90 days. Corporate insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on MRVL. KGI Securities raised shares of Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 price target on the stock in a report on Friday, March 6th. B. Riley Financial boosted their price objective on Marvell Technology from $240.00 to $345.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Raymond James Financial set a $235.00 target price on Marvell Technology and gave the company a “strong-buy” rating in a research report on Thursday, May 28th. Bank of America increased their target price on Marvell Technology from $240.00 to $365.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Erste Group Bank started coverage on Marvell Technology in a research note on Thursday, April 2nd. They issued a “buy” rating for the company. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $232.74.

Marvell Technology News Summary

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

• Positive Sentiment: Bank of America raised its price target on Marvell to $365 from $240 and kept a Buy rating, signaling confidence in further upside tied to AI infrastructure demand. Benzinga report on price target increase
• Positive Sentiment: KeyBanc also lifted its outlook and set a new Street-high target of $385, highlighting data center networking as a major long-term AI growth opportunity. Barchart article on new Street-high target
• Positive Sentiment: Recent articles and analyst commentary continue to emphasize Marvell’s role in AI data-center bandwidth and networking, including its Teralynx T100 switch, which supports the bullish investment case. Insider Monkey article on Teralynx T100
• Neutral Sentiment: A Seeking Alpha piece argued Marvell’s value is still being re-rated by the market, but it does not appear to introduce a new near-term catalyst. Seeking Alpha article on real value
• Negative Sentiment: Marvell CFO Daniel Durn sold 2,250 shares, a disclosure that may add some caution around insider sentiment, even though the sale was relatively small versus his remaining stake. SEC insider transaction filing

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.