State Street Corp Buys 18,495,866 Shares of Marvell Technology, Inc. $MRVL

State Street Corp boosted its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 79.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,834,272 shares of the semiconductor company’s stock after acquiring an additional 18,495,866 shares during the period. State Street Corp’s holdings in Marvell Technology were worth $12,462,011,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Silicon Valley Capital Partners lifted its position in shares of Marvell Technology by 8.6% in the second quarter. Silicon Valley Capital Partners now owns 35,015 shares of the semiconductor company’s stock valued at $10,430,000 after acquiring an additional 2,780 shares in the last quarter. Altar Rock LLC bought a new stake in Marvell Technology during the 2nd quarter valued at approximately $234,000. Anchor Investment Management LLC raised its stake in Marvell Technology by 60.4% during the 2nd quarter. Anchor Investment Management LLC now owns 1,078 shares of the semiconductor company’s stock valued at $321,000 after purchasing an additional 406 shares during the period. Revere Asset Management Inc purchased a new position in Marvell Technology in the 2nd quarter worth approximately $7,179,000. Finally, Miramontes Capital LLC bought a new position in Marvell Technology in the 2nd quarter worth approximately $597,000. 83.51% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Matthew Murphy sold 7,500 shares of the company’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total value of $1,675,425.00. Following the transaction, the chief executive officer directly owned 775,686 shares in the company, valued at approximately $173,280,495.54. This represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $203.27, for a total transaction of $2,032,700.00. Following the sale, the chief operating officer owned 217,941 shares of the company’s stock, valued at $44,300,867.07. The trade was a 4.39% decrease in their position. 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. Insiders have sold 45,000 shares of company stock valued at $10,102,925 over the last three months. Insiders own 0.12% of the company’s stock.

Marvell Technology Trading Up 2.5%

NASDAQ MRVL traded up $6.52 on Tuesday, hitting $263.90. 9,223,157 shares of the stock were exchanged, compared to its average volume of 28,183,977. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.62 and a current ratio of 3.17. The stock has a fifty day moving average price of $216.50 and a two-hundred day moving average price of $193.76. The firm has a market capitalization of $231.42 billion, a P/E ratio of 87.00, a P/E/G ratio of 2.35 and a beta of 2.25. Marvell Technology, Inc. has a 52-week low of $70.68 and a 52-week high of $329.88.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.01. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The business’s revenue was up 36.5% on a year-over-year basis. During the same quarter last year, the business earned $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Research analysts forecast that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is 7.92%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Compass Point set a $190.00 price target on shares of Marvell Technology in a research report on Tuesday, May 26th. JPMorgan Chase & Co. lifted their price objective on shares of Marvell Technology from $135.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Craig Hallum boosted their target price on shares of Marvell Technology from $217.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Wells Fargo & Company upped their target price on shares of Marvell Technology from $240.00 to $310.00 and gave the company an “overweight” rating in a research report on Monday, August 24th. Finally, Weiss Ratings downgraded shares of Marvell Technology from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, September 16th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $271.12.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell announced industry-first demonstrations of 2-nanometer optical interconnect technology at the European Conference on Optical Communication (ECOC) 2026. The solutions are designed to provide faster, higher-bandwidth and more power-efficient connections within and between AI data centers. Marvell 2nm optical technology announcement
• Positive Sentiment: The demonstrations include 400G-per-lane PAM4 technology for 3.2T connectivity, 800G ZR and ZR+ systems with MACsec security, and 1.6T optical solutions for links across AI data centers. These products target the bandwidth and power constraints created by expanding AI workloads. Marvell 1.6T optical technology
• Positive Sentiment: Analyst sentiment remains supportive: Marvell receives an average “Moderate Buy” rating, while several analysts have continued raising price targets. Bullish commentary points to potential upside as hyperscalers increase spending on AI networking infrastructure. Marvell analyst recommendation
• Neutral Sentiment: The optical products are currently demonstrations rather than reported commercial wins. Marvell disclosed no customer orders, launch dates or financial contribution, so investors will need evidence of adoption before the technology materially affects revenue and earnings. Marvell 2nm optics details
• Negative Sentiment: Marvell’s strong recent performance and elevated valuation increase execution risk. At approximately 86.6 times earnings based on the provided background data, the stock may be vulnerable if AI infrastructure demand, product commercialization or growth expectations disappoint.

Marvell Technology Profile

Marvell Technology, Inc (NASDAQ: MRVL) is a semiconductor company that develops infrastructure solutions for data centers, cloud computing, communications networks, automotive applications and enterprise environments. Its products are designed to move, process, secure and store data across increasingly complex computing and networking systems.

The company’s portfolio includes networking and switching products, optical and electrical interconnect solutions, custom application-specific integrated circuits, storage controllers and processors.