Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report) CEO Matthew Murphy sold 7,500 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $236.08, for a total value of $1,770,600.00. Following the transaction, the chief executive officer directly owned 783,186 shares of the company’s stock, valued at approximately $184,894,550.88. The trade was a 0.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Marvell Technology Price Performance
NASDAQ:MRVL traded up $12.31 during trading hours on Monday, reaching $234.33. The stock had a trading volume of 21,008,714 shares, compared to its average volume of 21,854,524. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The company has a 50 day moving average price of $236.50 and a two-hundred day moving average price of $167.33. The stock has a market capitalization of $204.99 billion, a PE ratio of 80.25, a PEG ratio of 1.39 and a beta of 2.24.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the prior year, the company earned $0.62 EPS. The company’s quarterly revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, sell-side analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.
Marvell Technology Announces Dividend
Hedge Funds Weigh In On Marvell Technology
Several hedge funds have recently bought and sold shares of the business. Focused Wealth Management Inc purchased a new position in shares of Marvell Technology in the 1st quarter valued at about $608,000. Swedbank AB grew its holdings in Marvell Technology by 2.8% in the first quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock valued at $315,925,000 after purchasing an additional 85,816 shares during the period. Wilson Asset Management International PTY Ltd. grew its holdings in 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 period. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position 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 buying an additional 90,800 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co raised 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 period. Institutional investors own 83.51% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have weighed in on MRVL. William Blair reissued an “outperform” rating on shares of Marvell Technology in a research note on Thursday, May 28th. TD Cowen boosted their target price on Marvell Technology from $180.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Bank of America raised their price target on Marvell Technology from $240.00 to $365.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. HSBC set a $300.00 price objective on shares of Marvell Technology and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, JPMorgan Chase & Co. increased their target price on shares of Marvell Technology from $135.00 to $240.00 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 issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $244.65.
Check Out Our Latest Stock Analysis on Marvell Technology
Marvell Technology News Roundup
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Renewed demand for AI data-center infrastructure lifted Marvell alongside other networking and interconnect stocks. Investors are focusing on Marvell’s custom silicon, switching, optical connectivity, co-packaged optics, memory and storage products, which are designed to support rising bandwidth and power-efficiency requirements in large AI data centers. AI Networking Stocks Are Rallying on Monday
- Positive Sentiment: Recent product announcements, including new AI memory and storage infrastructure offerings and deeper involvement in co-packaged optics, reinforced the view that Marvell is becoming an important supplier to next-generation AI data-center buildouts. A planned $250 million investment in India over three years is also intended to expand technology, talent and infrastructure capabilities. Marvell Technology Deepens Its CPO Role
- Positive Sentiment: Analyst commentary was supportive ahead of earnings. UBS said Marvell is positioned well, while multiple Wall Street notes and price targets remained bullish; the median target among 25 analysts was reported at $250, with several individual targets ranging from $300 to $385. Semtech, Marvell Positioned Well Ahead of Earnings
- Positive Sentiment: Investors expect fiscal Q2 revenue of approximately $2.71 billion and earnings of about $0.87 per share. Marvell’s latest quarter showed 27.6% year-over-year revenue growth, supporting optimism that AI-related demand can continue driving results. What’s Going On With Marvell Technology Stock Monday?
- Neutral Sentiment: Institutional positioning was mixed: BlackRock, Invesco, State Street and JPMorgan reportedly increased holdings, while FMR and Ameriprise reduced their positions. This suggests strong interest but also ongoing portfolio rotation.
- Negative Sentiment: Marvell faces a high earnings bar after its AI-driven rally, and reported insider activity showed 21 open-market sales and no purchases over the past six months. These factors could increase volatility if upcoming results or guidance fail to meet elevated expectations.
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.
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