Talos Eurisko Asset Management LP Invests $14.85 Million in Marvell Technology, Inc. $MRVL

Talos Eurisko Asset Management LP bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 174,700 shares of the semiconductor company’s stock, valued at approximately $14,846,000. Marvell Technology accounts for 2.6% of Talos Eurisko Asset Management LP’s investment portfolio, making the stock its 16th biggest position.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Marvell Technology by 23.5% during the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after purchasing an additional 15,166,976 shares during the period. Wilson Asset Management International PTY Ltd. grew its holdings in shares of Marvell Technology by 20.4% during the 4th quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock worth $11,442,000 after purchasing an additional 22,837 shares during the period. Varma Mutual Pension Insurance Co grew its holdings in shares of Marvell Technology by 25.4% during the 4th quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock worth $13,477,000 after purchasing an additional 32,130 shares during the period. Equitable Trust Co. grew its holdings in shares of Marvell Technology by 23.3% during the 3rd quarter. Equitable Trust Co. now owns 68,254 shares of the semiconductor company’s stock worth $5,738,000 after purchasing an additional 12,916 shares during the period. Finally, Lombard Odier Asset Management USA Corp grew its holdings in shares of Marvell Technology by 60.5% during the 3rd quarter. Lombard Odier Asset Management USA Corp now owns 32,032 shares of the semiconductor company’s stock worth $2,693,000 after purchasing an additional 12,076 shares during the period. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell shares are getting a lift from renewed enthusiasm around its AI infrastructure business, with multiple articles highlighting the company as a key beneficiary of rising demand for custom silicon and high-speed interconnects used in AI systems. Article Title
• Positive Sentiment: B. Riley reportedly raised its price target on MRVL to $345, citing AI growth, while Marvell also announced a new CFO, which may be reinforcing confidence in leadership and execution. Article Title
• Positive Sentiment: Investor sentiment is also being supported by reports that Marvell is hitting record highs and being viewed as one of the market’s premier AI infrastructure plays, which can attract momentum buyers. Article Title
• Positive Sentiment: The broader chip sector has been strong recently, with semiconductor stocks and ETFs breaking to new highs, adding a tailwind for Marvell alongside the market-wide rotation into AI and chip names. Article Title
• Neutral Sentiment: Commentary pieces from The Motley Fool and other outlets are amplifying attention around Marvell’s long-term upside, but these are mostly sentiment drivers rather than new operating data. Article Title

Insider Buying and Selling

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $110.24, for a total value of $1,102,400.00. Following the transaction, the chief operating officer directly owned 133,870 shares of the company’s stock, valued at $14,757,828.80. This represents a 6.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, March 26th. The shares were sold at an average price of $98.70, for a total value of $2,961,000.00. Following the completion of the transaction, the chief executive officer directly owned 310,106 shares in the company, valued at approximately $30,607,462.20. The trade was a 8.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 255,060 shares of company stock worth $31,959,772 over the last 90 days. 0.12% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

MRVL has been the subject of a number of research reports. Erste Group Bank initiated coverage on Marvell Technology in a report on Thursday, April 2nd. They set a “buy” rating for the company. Oppenheimer boosted their price target on Marvell Technology from $200.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Raymond James Financial set a $235.00 price target on Marvell Technology and gave the stock a “strong-buy” rating in a research report on Thursday, May 28th. Stifel Nicolaus set a $321.00 price target on Marvell Technology in a research report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. boosted their price target on Marvell Technology from $135.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Marvell Technology has an average rating of “Moderate Buy” and an average price target of $224.68.

Marvell Technology Stock Performance

Marvell Technology stock opened at $308.88 on Tuesday. The stock’s 50 day moving average price is $186.53 and its 200 day moving average price is $121.19. The firm has a market capitalization of $270.21 billion, a PE ratio of 105.78, a price-to-earnings-growth ratio of 1.83 and a beta of 2.29. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. Marvell Technology, Inc. has a one year low of $61.44 and a one year high of $324.20.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates 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 for the quarter was up 27.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, sell-side analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

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

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.