Marvell Technology, Inc. $MRVL Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC reduced its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 81.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 7,616 shares of the semiconductor company’s stock after selling 32,963 shares during the period. Integrated Advisors Network LLC’s holdings in Marvell Technology were worth $754,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Focused Wealth Management Inc purchased a new stake in shares of Marvell Technology in the 1st quarter worth about $608,000. Wilson Asset Management International PTY Ltd. raised its position in Marvell Technology by 20.4% during the fourth quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock worth $11,442,000 after acquiring an additional 22,837 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of Marvell Technology by 49.7% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company’s stock valued at $27,105,000 after purchasing an additional 90,800 shares in the last quarter. Varma Mutual Pension Insurance Co lifted its holdings in shares of Marvell Technology by 25.4% in the fourth quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock valued at $13,477,000 after purchasing an additional 32,130 shares in the last quarter. Finally, Lombard Odier Asset Management USA Corp grew its position in shares of Marvell Technology by 60.5% in the third quarter. Lombard Odier Asset Management USA Corp now owns 32,032 shares of the semiconductor company’s stock valued at $2,693,000 after purchasing an additional 12,076 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Insider Transactions at Marvell Technology

In other news, CFO Willem A. Meintjes sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total value of $4,020,300.00. Following the completion of the sale, the chief financial officer directly owned 154,111 shares of the company’s stock, valued at approximately $20,652,415.11. This represents a 16.29% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Chris Koopmans sold 10,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $281.92, for a total transaction of $2,819,200.00. Following the completion of the transaction, the chief operating officer owned 227,754 shares of the company’s stock, valued at $64,208,407.68. This trade represents a 4.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 160,373 shares of company stock worth $24,938,664 over the last ninety days. Insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

MRVL has been the subject of a number of recent research reports. Barclays raised their price objective on shares of Marvell Technology from $150.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. TD Cowen raised their price target on Marvell Technology from $180.00 to $200.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. Evercore reissued an “outperform” rating and issued a $155.00 price target on shares of Marvell Technology in a report on Tuesday, May 19th. Cantor Fitzgerald upped their price objective on Marvell Technology from $220.00 to $300.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $240.00 price objective on shares of Marvell Technology in a research note on Friday, June 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $244.97.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: MRVL is benefiting from a broad semiconductor rally, with traders buying back AI-related stocks after recent weakness and geopolitical fears eased. Broadcom, Intel, Corning, Marvell, and More Stocks That Explain Today’s Market
• Positive Sentiment: RBC Capital reaffirmed a $360 price target, reinforcing a bullish view that Marvell can keep benefiting from AI data center spending. Why Is Marvell Technology Stock Gaining Thursday?
• Positive Sentiment: Analysts continue to highlight Marvell as a key AI infrastructure supplier, citing custom chips, networking, optics, and strong partnerships as reasons the growth story remains intact. Zacks Investment Ideas feature highlights: Marvell Technology, Amazon, Alphabet and NVIDIA
• Positive Sentiment: Commentary around Marvell’s long-term upside has improved, with some market coverage calling it a potential major AI winner and emphasizing its role as the “nervous system” of AI data centers. Marvell: The Next Trillion Dollar AI Stock
• Positive Sentiment: Tower Semiconductor reported progress in photonics shipments to customers of Marvell, underscoring healthy demand in the optical connectivity ecosystem that supports Marvell’s AI data center business. Tower Semiconductor (TSEM) Advances AI Data Center Connectivity With Photonics Milestone

Marvell Technology Stock Up 5.0%

MRVL opened at $243.27 on Friday. The stock’s 50 day moving average price is $235.20 and its 200 day moving average price is $144.29. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. The stock has a market cap of $212.81 billion, a P/E ratio of 83.31, a P/E/G ratio of 1.52 and a beta of 2.20. Marvell Technology, Inc. has a 12 month low of $61.44 and a 12 month high of $329.88.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results 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 return on equity of 13.83% and a net margin of 28.99%.The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the previous 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, research analysts predict that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, July 10th. Marvell Technology’s dividend payout ratio is currently 8.22%.

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.