State of New Jersey Common Pension Fund D Lowers Holdings in Marvell Technology, Inc. $MRVL

State of New Jersey Common Pension Fund D decreased its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 295,505 shares of the semiconductor company’s stock after selling 5,589 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Marvell Technology were worth $25,112,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MRVL. Atlantic Edge Private Wealth Management LLC boosted its holdings in Marvell Technology by 160.0% in the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 200 shares during the last quarter. Financial Consulate Inc. acquired a new position in Marvell Technology in the third quarter valued at $41,000. Strive Asset Management LLC acquired a new position in Marvell Technology in the third quarter valued at $42,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in Marvell Technology by 98.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 244 shares during the last quarter. Finally, Meeder Asset Management Inc. boosted its holdings in Marvell Technology by 30.4% in the third quarter. Meeder Asset Management Inc. now owns 557 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $165.15 on Friday. Marvell Technology, Inc. has a 1-year low of $53.78 and a 1-year high of $170.84. The business has a 50-day moving average of $108.68 and a 200-day moving average of $93.32. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58. The company has a market capitalization of $144.42 billion, a price-to-earnings ratio of 53.62, a PEG ratio of 1.42 and a beta of 1.83.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter in the prior year, the business earned $0.60 earnings per share. The company’s revenue was up 22.1% compared to the same quarter last year. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, equities analysts anticipate that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio is presently 7.79%.

Insider Buying and Selling

In other news, CFO Willem A. Meintjes sold 30,000 shares of the company’s stock in a transaction dated Wednesday, April 15th. The stock was 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 owned 154,111 shares of the company’s stock, valued at $20,652,415.11. This represents a 16.29% decrease in their ownership of the stock. The sale was disclosed in a 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, EVP Mark Casper sold 10,000 shares of the company’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the completion of the sale, the executive vice president directly owned 35,878 shares of the company’s stock, valued at $4,861,469. The trade was a 21.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 223,560 shares of company stock valued at $26,243,062. 0.19% of the stock is owned by insiders.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: High-profile endorsement: Jim Cramer called Marvell “a total winner” on Mad Money, praising the company’s positioning in AI and advising holders — a retail-facing endorsement that can accelerate momentum and retail inflows. Jim Cramer Says “I Think That You’ve Got a Total Winner in Marvell”
• Positive Sentiment: Analyst and bullish pieces highlight secular AI revenue growth: Barchart argues Marvell is converting AI demand into durable, high-visibility revenue — a narrative that supports higher multiples and buy-side conviction. 3 Reasons Why Marvell Stock is a Buy Now
• Positive Sentiment: Big-hyperscaler chatter: Social and analyst commentary about potential Google collaboration on custom AI inference chips and Marvell’s optical/interconnect silicon has fueled expectations for large hyperscaler engagements and future revenue upside. Marvell Technology Stock (MRVL) Opinions on Google AI Inference Chips
• Neutral Sentiment: Broad tech rally lift: The Nasdaq’s strong monthly gain is lifting large-cap AI and semiconductor names, providing favorable market tailwinds that are helping MRVL outperform peers. Nasdaq leads US stocks in monthly gains following April rally
• Neutral Sentiment: Strategic M&A / product expansion: Coverage on Marvell’s acquisition moves into photonics (Polariton) highlights longer-term product diversification into optical DSPs — positive for AI interconnect strategy but with near-term integration and cost considerations. As Marvell Acquires Polariton, Should You Buy, Sell, or Hold MRVL Stock?
• Neutral Sentiment: Valuation scrutiny: Several valuation pieces note steep YTD gains and high multiples — these amplify sensitivity to execution and guide risk despite strong growth expectations. A Look At Marvell Technology (MRVL) Valuation After A Sharp AI Data Center Pivot
• Negative Sentiment: Order and partner fallout headlines: Reports that Marvell-related order moves contributed to POET Technologies’ sharp revenue outlook changes have sparked questions about order timing and supply-chain/customer dynamics — a short-term execution risk. Marvell Technology Just Sent POET Stock Plummeting. What Comes Next?
• Negative Sentiment: Insider selling & volatility risk: Public filings and aggregations show material insider selling and wide analyst price-target dispersion; combined with the stock’s rapid run, that increases downside sensitivity if AI contract news or guidance disappoints. Marvell Technology Stock (MRVL) Opinions on Google AI Inference Chips

Analysts Set New Price Targets

MRVL has been the topic of a number of research analyst reports. Stifel Nicolaus lifted their target price on Marvell Technology from $120.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, April 16th. TD Cowen lifted their target price on Marvell Technology from $85.00 to $90.00 and gave the company a “hold” rating in a report on Friday, March 6th. Cantor Fitzgerald lifted their target price on Marvell Technology from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Wall Street Zen cut Marvell Technology from a “buy” rating to a “hold” rating in a report on Sunday, March 15th. Finally, Bank of America upgraded Marvell Technology from a “neutral” rating to a “buy” rating and lifted their target price for the company from $90.00 to $110.00 in a report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $122.73.

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.