Marvell Technology, Inc. $MRVL Shares Sold by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP decreased its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 25.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,947,807 shares of the semiconductor company’s stock after selling 664,151 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Marvell Technology were worth $165,525,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of MRVL. Intech Investment Management LLC raised its stake in shares of 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 purchasing an additional 1,085 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of Marvell Technology by 22.7% during the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock valued at $1,348,000 after purchasing an additional 3,221 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Marvell Technology during the second quarter valued at about $354,000. Treasurer of the State of North Carolina raised its stake in shares of Marvell Technology by 3.0% during the second quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock valued at $31,256,000 after purchasing an additional 11,572 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of Marvell Technology by 1.0% during the second quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock valued at $31,855,000 after purchasing an additional 4,060 shares in the last quarter. 83.51% of the stock is currently owned by institutional investors.

Insider Activity

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $205.87, for a total transaction of $2,058,700.00. Following the completion of the sale, the chief operating officer directly owned 237,392 shares in the company, valued at approximately $48,871,891.04. This trade represents a 4.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 66,892 shares of the firm’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the sale, the insider owned 55,199 shares of the company’s stock, valued at $7,195,189.65. The trade was a 54.79% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 255,060 shares of company stock worth $31,959,772. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Barclays lifted their price objective on shares of Marvell Technology from $150.00 to $275.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Craig Hallum lifted their target price on Marvell Technology from $141.00 to $164.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Stifel Nicolaus set a $321.00 target price on Marvell Technology in a report on Tuesday. Evercore reaffirmed an “outperform” rating and set a $155.00 target price on shares of Marvell Technology in a report on Tuesday, May 19th. Finally, Citigroup lifted their target price on Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $218.58.

Marvell Technology Trading Up 4.9%

Shares of MRVL opened at $316.43 on Friday. The business’s 50-day moving average price is $161.54 and its 200 day moving average price is $111.50. The stock has a market capitalization of $276.81 billion, a P/E ratio of 108.37, a P/E/G ratio of 1.99 and a beta of 2.29. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $324.20. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL) last issued 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. The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.Marvell Technology’s revenue was up 27.6% on a year-over-year basis. During the same quarter last year, the business posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Analysts expect that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were given a dividend of $0.06 per share. The ex-dividend date was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is presently 8.22%.

Marvell Technology News Summary

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

• Positive Sentiment: Nvidia CEO Jensen Huang’s comments have acted as a powerful catalyst, boosting confidence that Marvell is becoming a key AI infrastructure supplier and could benefit from long-term hyperscaler demand. Nvidia CEO Jensen Huang Says Marvell Could Be the Next $1 Trillion Chip Company, Fueling a Rally in MRVL Stock.
• Positive Sentiment: Investors are also focusing on Marvell’s 102.4 Tbps AI-optimized switch silicon and broader AI growth story, which strengthen the case that the company is gaining share in next-generation data-center networking. Why 102.4 Tbps AI-Optimized Switch Silicon Is Such a Huge Deal for Marvell Technology Stock
• Positive Sentiment: Recent commentary points to strong AI demand, record bookings, and analyst optimism, reinforcing the view that Marvell’s earnings momentum could stay elevated if cloud and AI infrastructure spending holds up. MRVL Stock Soars as Investors Embrace Its AI Growth Story
• Neutral Sentiment: Some articles suggest the stock may be overheated after the rapid run-up, with traders warning about overbought technicals and possible profit-taking after an explosive multi-day move. Why Is Marvell Technology Stock Falling Thursday?
• Negative Sentiment: Broader chip-sector pressure from Broadcom’s softer guidance and AI-demand concerns has also weighed on Marvell at times, showing that MRVL is still vulnerable if the market reassesses the pace of AI capex growth. Micron, Marvell, and Broadcom lead chipmakers’ premarket losses

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.