Empowered Funds LLC Acquires 72,013 Shares of Marvell Technology, Inc. $MRVL

Empowered Funds LLC boosted its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 110.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 137,443 shares of the semiconductor company’s stock after buying an additional 72,013 shares during the period. Empowered Funds LLC’s holdings in Marvell Technology were worth $13,614,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Focused Wealth Management Inc bought a new position in shares of Marvell Technology in the first quarter valued at approximately $608,000. Swedbank AB grew its holdings in Marvell Technology by 2.8% during the first quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock worth $315,925,000 after buying an additional 85,816 shares in the last quarter. Wilson Asset Management International PTY Ltd. grew its holdings 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 buying an additional 22,837 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Marvell Technology by 49.7% in the 1st 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 buying an additional 90,800 shares during the last quarter. Finally, Varma Mutual Pension Insurance Co raised its position in Marvell Technology by 25.4% in the 4th quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock valued at $13,477,000 after buying an additional 32,130 shares during the last quarter. 83.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MRVL shares. Citigroup lifted their price objective on shares of Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Bank of America raised their price target on shares of Marvell Technology from $240.00 to $365.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. The Goldman Sachs Group set a $180.00 price target on shares of Marvell Technology in a report on Thursday, May 28th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $360.00 price objective on shares of Marvell Technology in a research report on Tuesday, July 7th. Finally, Barclays increased their price objective on shares of Marvell Technology from $150.00 to $275.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Three research 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $245.45.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell announced plans to invest $250 million in India over the next three years, expanding its Bangalore facility and doubling its local workforce. The investment is intended to strengthen technology development, talent and infrastructure for next-generation AI and data-center products, supporting Marvell’s long-term growth prospects. Reuters article
• Positive Sentiment: Erste Group modestly raised its Marvell earnings forecasts to $3.08 per share for fiscal 2027 and $5.12 for fiscal 2028, indicating some analysts see continued earnings growth from AI and data-center demand. The bank nevertheless maintained a “Hold” rating. MarketBeat analyst estimates
• Neutral Sentiment: Marvell is receiving increased attention from investors and remains a widely watched AI-related stock. However, the coverage largely highlights existing valuation, earnings and industry considerations rather than a new company-specific catalyst. Zacks article
• Negative Sentiment: Recent declines reflect a wider pullback in AI and chip stocks, including Marvell, as investors reassess AI valuations, funding models and the pace of infrastructure spending. Reports also point to a sharp selloff in Korean chipmakers spreading to U.S.-listed semiconductor companies. Investopedia article
• Negative Sentiment: Commentary has argued that Marvell is priced for very strong execution, leaving the stock vulnerable to profit-taking or further multiple compression if AI demand expectations weaken. Its high beta and premium earnings multiple increase sensitivity to sector-wide risk-off trading. Seeking Alpha article

Marvell Technology Trading Down 6.3%

Shares of Marvell Technology stock opened at $163.40 on Thursday. The firm has a market cap of $142.94 billion, a PE ratio of 55.96, a P/E/G ratio of 1.09 and a beta of 2.20. Marvell Technology, Inc. has a 1 year low of $61.44 and a 1 year high of $329.88. 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 fifty day moving average price of $243.32 and a 200-day moving average price of $155.51.

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

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Friday, July 10th will be paid 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 payout ratio is presently 8.22%.

Insider Activity

In other news, COO Chris Koopmans sold 10,000 shares of the firm’s 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 sale, the chief operating officer owned 227,754 shares in the company, valued at $64,208,407.68. This trade represents a 4.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Willem A. Meintjes sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $175.24, for a total transaction of $700,960.00. Following the sale, the chief financial officer owned 226,675 shares of the company’s stock, valued at approximately $39,722,527. The trade was a 1.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 45,981 shares of company stock worth $9,835,542. 0.12% of the stock is owned by insiders.

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.