MassMutual Private Wealth & Trust FSB lessened its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 8.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,784 shares of the semiconductor company’s stock after selling 5,131 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Marvell Technology were worth $15,724,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc grew its holdings in Marvell Technology by 111.3% in the second quarter. Versant Capital Management Inc now owns 1,255 shares of the semiconductor company’s stock worth $374,000 after purchasing an additional 661 shares during the period. KERR FINANCIAL PLANNING Corp lifted its holdings in shares of Marvell Technology by 6.3% during the second quarter. KERR FINANCIAL PLANNING Corp now owns 5,106 shares of the semiconductor company’s stock valued at $1,521,000 after purchasing an additional 302 shares during the last quarter. Eastern Bank lifted its holdings in shares of Marvell Technology by 293.7% during the second quarter. Eastern Bank now owns 1,248 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 931 shares during the last quarter. Basecamp Wealth Advisors LLC boosted its position in shares of Marvell Technology by 12.9% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 1,198 shares of the semiconductor company’s stock worth $119,000 after purchasing an additional 137 shares in the last quarter. Finally, PVG Asset Management Corp boosted its position in shares of Marvell Technology by 271.4% in the 1st quarter. PVG Asset Management Corp now owns 19,900 shares of the semiconductor company’s stock worth $1,971,000 after purchasing an additional 14,542 shares in the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on MRVL shares. Benchmark lifted their price objective on Marvell Technology from $130.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Morgan Stanley raised their price target on Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Roth Capital lifted their price target on Marvell Technology from $135.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Wells Fargo & Company increased their price objective on shares of Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Finally, KeyCorp raised their price objective on shares of Marvell Technology from $385.00 to $400.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Marvell Technology presently has an average rating of “Moderate Buy” and an average target price of $245.45.
Key Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Marvell will showcase AI memory and storage solutions designed for agentic AI inference at FMS 2026. The presentation could reinforce the company’s positioning in the growing AI data-center market. Marvell to Showcase Advanced AI Memory and Storage Infrastructure Portfolio
- Positive Sentiment: Marvell announced a $250 million investment in India to expand semiconductor and AI research and development, including plans to roughly double its local workforce and expand facilities in Bangalore and Hyderabad. The investment supports future growth in AI, cloud and data infrastructure. Marvell Is Putting $250 Million Into India
- Positive Sentiment: Brokerage coverage remains broadly constructive, with Marvell receiving a consensus “Moderate Buy” rating. This may help support investor confidence despite recent volatility. Marvell Receives Consensus Rating of Moderate Buy
- Neutral Sentiment: Marvell scheduled its fiscal second-quarter 2027 results conference call for August 27 and announced an investor day for October 6. These events could provide updated guidance on AI demand, growth and margins, but offer no immediate financial results. Marvell Announces Earnings Call and Investor Day
- Negative Sentiment: Semiconductor stocks broadly weakened amid concerns about increased competition from China, creating sector-level pressure on MRVL. Reports also highlighted technical weakness and investor focus on upcoming earnings targets. Marvell Technology Stock Is Falling Monday
- Negative Sentiment: Chief Operating Officer Chris Koopmans sold 10,000 shares worth approximately $1.8 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, reducing its signaling value, but insider selling can still weigh modestly on sentiment. SEC Insider Trading Filing
Marvell Technology Stock Performance
Shares of MRVL stock opened at $193.77 on Tuesday. The company has a 50 day moving average price of $242.94 and a 200-day moving average price of $157.73. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The firm has a market capitalization of $169.51 billion, a PE ratio of 66.36, a P/E/G ratio of 1.17 and a beta of 2.24. 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 – Get Free Report) last announced its earnings results 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 analyst estimates of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company’s quarterly revenue was up 27.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities research analysts expect 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 was paid on Thursday, July 30th. Investors of record on Friday, July 10th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is currently 8.22%.
Insider Activity at Marvell Technology
In other news, insider Sandeep Bharathi sold 2,231 shares of the business’s 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 transaction, the insider directly owned 55,530 shares in the company, valued at $16,610,688.90. The trade was a 3.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction on 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 owned 739,397 shares in the company, valued at approximately $131,065,512.22. The trade was a 1.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 45,981 shares of company stock valued at $10,012,942 in the last ninety days. Corporate insiders own 0.12% of the company’s stock.
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.
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