OFI Invest Asset Management Has $70.79 Million Stock Holdings in Marvell Technology, Inc. $MRVL

OFI Invest Asset Management decreased its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 54.9% during the 2nd quarter, Holdings Channel reports. The firm owned 237,652 shares of the semiconductor company’s stock after selling 289,670 shares during the quarter. OFI Invest Asset Management’s holdings in Marvell Technology were worth $70,794,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in Marvell Technology during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC raised its stake in shares of Marvell Technology by 978.3% in the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 225 shares during the last quarter. Jessup Wealth Management Inc bought a new position in shares of Marvell Technology in the fourth quarter valued at approximately $25,000. Cherry Tree Wealth Management LLC acquired a new position in shares of Marvell Technology in the 4th quarter worth approximately $26,000. Finally, MidFirst Bank acquired a new position in shares of Marvell Technology in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on MRVL. Wells Fargo & Company raised their price target on Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Morgan Stanley boosted their price objective on Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Melius Research set a $220.00 target price on Marvell Technology in a report on Monday, May 18th. JPMorgan Chase & Co. raised their target price on Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $360.00 price target on shares of Marvell Technology in a report on Tuesday, July 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $245.94.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: AI data-center demand supports the long-term outlook. Analysts and investors continue to highlight Marvell’s custom chips, optical networking, memory interconnects and high-speed data-movement products as key beneficiaries of expanding AI clusters. Management has also raised its long-term data-center growth outlook. Down 37% From Its Highs, Is Marvell Technology Stock a Buy on the Dip?
• Positive Sentiment: Wall Street price targets imply additional upside. Goldman Sachs has expressed a preference between Marvell and Nvidia ahead of earnings, while another report said Goldman analyst James Schneider raised Marvell’s 12-month price target. The broader analyst range remains bullish, with a reported median target of $250 and several targets between $300 and $385. Wall Street sets Marvell stock price for the next 12 months
• Positive Sentiment: Nvidia’s $2 billion investment remains a strategic vote of confidence. The investment strengthens Marvell’s profile as an AI-chip and infrastructure partner and is supporting comparisons between the two companies ahead of their earnings reports. NVIDIA Invested $2 Billion in Marvell
• Neutral Sentiment: Upcoming earnings are the immediate catalyst. Marvell’s latest quarter delivered $2.42 billion in revenue, up 27.6% year over year, and adjusted EPS in line with expectations. Investors will look for evidence that AI-related growth can justify the stock’s elevated valuation.
• Negative Sentiment: Insider selling may temper sentiment. QuiverQuant reported 21 insider sales and no purchases during the past six months, including sales by senior executives and the CEO. This does not necessarily signal weakening fundamentals, but it can raise caution after a major share-price advance. Marvell Technology Stock Opinions on AI Infrastructure Expansion

Marvell Technology Stock Down 0.1%

Shares of NASDAQ MRVL opened at $222.02 on Friday. Marvell Technology, Inc. has a 1 year low of $61.44 and a 1 year high of $329.88. The firm’s 50-day moving average is $237.59 and its 200-day moving average is $165.67. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $194.22 billion, a PE ratio of 76.03, a price-to-earnings-growth ratio of 1.39 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the previous year, the firm posted $0.62 earnings per share. Marvell Technology’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 EPS for the current 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 dividend of $0.06 per share. The ex-dividend date was Friday, July 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s payout ratio is presently 8.22%.

Insider Buying and Selling at Marvell Technology

In other news, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction on 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 owned 55,530 shares of the company’s stock, valued at $16,610,688.90. This represents a 3.86% decrease in their position. The transaction 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the transaction, the chief operating officer owned 227,941 shares in the company, valued at $41,143,350.50. This represents a 4.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 34,481 shares of company stock worth $7,982,532. Insiders own 0.12% of the company’s stock.

Marvell Technology Company 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.