2,564 Shares in Marvell Technology, Inc. $MRVL Purchased by SmartHarvest Portfolios LLC

SmartHarvest Portfolios LLC acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL) in the 1st quarter, Holdings Channel reports. The firm acquired 2,564 shares of the semiconductor company’s stock, valued at approximately $254,000.

Other large investors have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Marvell Technology during the 4th quarter worth approximately $895,455,000. Ameriprise Financial Inc. raised its position in shares of Marvell Technology by 59.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock worth $1,397,751,000 after acquiring an additional 6,217,952 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of Marvell Technology by 47.0% in the 3rd quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company’s stock valued at $1,000,689,000 after purchasing an additional 3,805,431 shares during the period. Rafferty Asset Management LLC lifted its stake in shares of Marvell Technology by 111.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company’s stock valued at $449,722,000 after purchasing an additional 3,056,808 shares during the period. Finally, Capital Research Global Investors boosted its position in shares of Marvell Technology by 177.9% during the fourth quarter. Capital Research Global Investors now owns 4,551,249 shares of the semiconductor company’s stock valued at $386,765,000 after purchasing an additional 2,913,368 shares in the last quarter. 83.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MRVL has been the topic of several recent research reports. Bank of America upped their price target on Marvell Technology from $240.00 to $365.00 and gave the stock a “buy” rating in a research note on Tuesday. Jefferies Financial Group boosted their target price on shares of Marvell Technology from $149.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, May 28th. KGI Securities raised shares of Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a research report on Friday, March 6th. William Blair reiterated an “outperform” rating on shares of Marvell Technology in a research note on Thursday, May 28th. Finally, Compass Point set a $190.00 price target on shares of Marvell Technology in a research note on Tuesday, May 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $233.68.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell reported strong cash generation, with first-quarter fiscal 2027 operating cash flow nearly doubling to a record $638.8 million, supporting the view that AI and data-center demand are translating into real financial performance.
• Positive Sentiment: Recent analyst coverage remained constructive, including BofA raising its price target on MRVL to $365 from $240 while keeping a Buy rating, reinforcing bullish long-term sentiment around AI-chip exposure.
• Positive Sentiment: Technical commentary said MRVL broke above its 20-day moving average, which traders often read as a short-term bullish signal. Article Title
• Neutral Sentiment: Marvell also declared a quarterly dividend of $0.06 per share, which is modest and unlikely to materially change the investment thesis. Article Title
• Neutral Sentiment: Several articles framed MRVL as still having upside potential after its strong year-to-date move, but also noted that valuation is becoming harder to justify versus peers like Broadcom. Article Title
• Negative Sentiment: Market commentary said Wall Street is dumping some of the biggest AI winners as tech sentiment weakens, which is pressuring Marvell along with other high-momentum semiconductor names. Article Title
• Negative Sentiment: Investors also appeared cautious after Barron’s highlighted that Marvell’s new CFO, Dan Durn, sold stock in his first open-market transaction since joining the company, adding to concerns that the AI rally may be overheating. Article Title

Insider Activity at Marvell Technology

In related news, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total value of $667,359.03. Following the completion of the sale, the insider directly owned 55,530 shares in the company, valued at approximately $16,610,688.90. This trade represents a 3.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Willem A. Meintjes sold 4,000 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $175.24, for a total value of $700,960.00. Following the completion of the transaction, the chief financial officer directly owned 226,675 shares of the company’s stock, valued at approximately $39,722,527. This trade represents a 1.73% 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. Insiders sold a total of 185,127 shares of company stock valued at $25,874,325 over the last three months. 0.12% of the stock is owned by insiders.

Marvell Technology Price Performance

Shares of MRVL opened at $266.77 on Friday. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88. The company has a market capitalization of $233.37 billion, a P/E ratio of 91.36, a price-to-earnings-growth ratio of 1.84 and a beta of 2.29. The firm has a 50 day moving average of $216.75 and a 200 day moving average of $133.30. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) 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 business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same period in the prior year, the firm posted $0.62 EPS. The firm’s quarterly revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities research analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The firm 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. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, July 10th. Marvell Technology’s dividend payout ratio is presently 8.22%.

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.