Fifth Third Wealth Advisors LLC Purchases 6,613 Shares of Marvell Technology, Inc. $MRVL

Fifth Third Wealth Advisors LLC increased its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 7.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 91,714 shares of the semiconductor company’s stock after acquiring an additional 6,613 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Marvell Technology were worth $9,084,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Intech Investment Management LLC boosted its stake in Marvell Technology by 3.9% during the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock valued at $1,772,000 after buying an additional 1,085 shares during the period. Baird Financial Group Inc. grew its position in Marvell Technology by 22.7% during the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock worth $1,348,000 after buying an additional 3,221 shares in the last quarter. Flow Traders U.S. LLC bought a new position in Marvell Technology in the 2nd quarter worth about $354,000. Treasurer of the State of North Carolina increased its stake in Marvell Technology by 3.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock worth $31,256,000 after acquiring an additional 11,572 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of Marvell Technology by 1.0% in the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock valued at $31,855,000 after acquiring an additional 4,060 shares in the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MRVL. KeyCorp lifted their price target on Marvell Technology from $260.00 to $385.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Oppenheimer raised their target price on shares of Marvell Technology from $200.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, May 28th. Erste Group Bank initiated coverage on shares of Marvell Technology in a research report on Thursday, April 2nd. They set a “buy” rating for the company. Jefferies Financial Group boosted their price target on shares of Marvell Technology from $149.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Benchmark increased their price target on shares of Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $233.68.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the transaction, the executive vice president directly owned 4,023 shares of the company’s stock, valued at $430,501.23. The trade was a 72.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total value of $1,329,450.00. Following the completion of the transaction, the chief executive officer directly owned 739,397 shares in the company, valued at $131,065,512.22. This trade represents a 1.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 185,127 shares of company stock worth $25,874,325 over the last quarter. Company insiders own 0.12% of the company’s stock.

Marvell Technology Stock Performance

NASDAQ MRVL opened at $275.40 on Thursday. The company has a 50-day simple moving average of $211.16 and a two-hundred day simple moving average of $131.08. Marvell Technology, Inc. has a 12-month low of $61.44 and a 12-month high of $329.88. The firm has a market cap of $240.92 billion, a price-to-earnings ratio of 94.32, a PEG ratio of 1.83 and a beta of 2.29. 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) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the previous year, the business earned $0.62 earnings per share. The company’s quarterly revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, equities analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Bank of America and KeyBanc both raised their price targets on Marvell, reflecting confidence in the company’s AI networking and data-center growth opportunity. Benzinga report
• Positive Sentiment: Coverage continues to emphasize Marvell’s role in AI infrastructure, especially its networking and bandwidth solutions, which supports the stock’s recent rally. Insider Monkey article
• Neutral Sentiment: Several articles note that Marvell’s huge run-up in 2026 means the stock may already be pricing in much of the AI optimism, which could limit near-term upside if growth expectations cool. Yahoo Finance article
• Negative Sentiment: CFO Daniel Durn sold 2,250 shares, a small insider sale that may slightly temper sentiment even though it does not change the broader bullish thesis. SEC filing

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.