Deutsche Bank AG Has $1.17 Billion Stock Holdings in Marvell Technology, Inc. $MRVL

Deutsche Bank AG lifted its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 34.5% during the second quarter, Holdings Channel.com reports. The fund owned 3,916,888 shares of the semiconductor company’s stock after buying an additional 1,005,467 shares during the period. Deutsche Bank AG’s holdings in Marvell Technology were worth $1,166,802,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank bought a new stake in Marvell Technology during the fourth quarter worth $895,455,000. Bank of New York Mellon Corp increased its stake in shares of Marvell Technology by 153.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,957,985 shares of the semiconductor company’s stock worth $2,370,604,000 after purchasing an additional 4,815,725 shares during the last quarter. Rafferty Asset Management LLC raised its holdings 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. Capital Research Global Investors raised its holdings in shares of Marvell Technology by 177.9% in the 4th 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 during the period. Finally, AQR Capital Management LLC lifted its stake in Marvell Technology by 397.3% in the 4th quarter. AQR Capital Management LLC now owns 2,172,943 shares of the semiconductor company’s stock valued at $184,657,000 after purchasing an additional 1,736,006 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell agreed to develop custom silicon connected to Google’s Tensor Processing Unit ecosystem, including inference accelerators, storage and networking controllers, and memory-interface products. The deal broadens Marvell’s role in Google’s AI infrastructure and could challenge Broadcom’s long-standing position as Google’s primary custom-chip partner. Marvell pops on AI chip deal
• Positive Sentiment: Google received warrants to purchase up to approximately 58.97 million Marvell shares at $206.58 each, potentially representing about 6.7% of shares outstanding and roughly $12.2 billion in value. The warrants vest in stages based on Google’s purchases, aligning Google’s future AI-chip spending with Marvell’s growth. Marvell shares jump as Google warrant deepens partnership
• Positive Sentiment: Analysts described the agreement as a major long-term catalyst. JPMorgan sees a potential $120 billion cumulative opportunity through fiscal 2033, while RBC reaffirmed an Outperform rating with a $360 price target. Stifel and William Blair also issued or maintained Buy recommendations. Marvell’s Google AI deal could unlock opportunity
• Positive Sentiment: Technical momentum also improved after MRVL reclaimed its 50-day moving average, supporting a bullish-trend thesis and forecasts for a possible move toward $300. Marvell overtakes 50-day moving average

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Susquehanna boosted their price target on Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a research report on Tuesday, May 26th. Jefferies Financial Group reissued a “buy” rating and set a $325.00 target price on shares of Marvell Technology in a report on Thursday. B. Riley Financial restated a “buy” rating on shares of Marvell Technology in a research note on Wednesday. Stifel Nicolaus raised their price target on Marvell Technology from $321.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price objective on shares of Marvell Technology in a research report on Thursday, May 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $250.27.

Marvell Technology Stock Up 5.8%

NASDAQ MRVL opened at $251.01 on Friday. The business has a fifty day moving average price of $234.59 and a two-hundred day moving average price of $170.57. The stock has a market capitalization of $219.58 billion, a PE ratio of 85.96, a PEG ratio of 1.48 and a beta of 2.24. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week 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.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results 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 company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter last year, the company posted $0.62 EPS. The company’s revenue for the quarter 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. Equities analysts expect that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were 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 was Friday, July 10th. Marvell Technology’s payout ratio is currently 8.22%.

Insiders Place Their Bets

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the sale, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at approximately $41,143,350.50. The trade was a 4.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $236.08, for a total transaction of $1,770,600.00. Following the transaction, the chief executive officer owned 783,186 shares of the company’s stock, valued at approximately $184,894,550.88. This represents a 0.95% 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 sold a total of 41,981 shares of company stock worth $9,753,132 in the last ninety days. Insiders own 0.12% of the company’s stock.

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.