TCW Group Inc. Sells 86,546 Shares of Marvell Technology, Inc. $MRVL

TCW Group Inc. decreased its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 18.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 389,776 shares of the semiconductor company’s stock after selling 86,546 shares during the period. TCW Group Inc.’s holdings in Marvell Technology were worth $116,110,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Intech Investment Management LLC lifted 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 worth $1,772,000 after purchasing an additional 1,085 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Marvell Technology by 22.7% in the 2nd 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 position in shares of Marvell Technology in the 2nd quarter valued at $354,000. Treasurer of the State of North Carolina increased its stake in shares of 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 valued at $31,256,000 after purchasing an additional 11,572 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of Marvell Technology by 1.0% during the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock worth $31,855,000 after buying an additional 4,060 shares in the last quarter. 83.51% of the stock is owned by institutional investors.

Trending Headlines about 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

Analyst Upgrades and Downgrades

MRVL has been the subject of several recent analyst reports. Melius Research set a $220.00 price objective on Marvell Technology in a research report on Monday, May 18th. UBS Group lifted their target price on Marvell Technology from $230.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Cantor Fitzgerald boosted their target price on Marvell Technology from $220.00 to $300.00 and gave the stock a “neutral” rating in a research note on Monday, June 29th. Oppenheimer increased their target price on shares of Marvell Technology from $200.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, May 28th. Finally, Bank of America raised their price target on shares of Marvell Technology from $240.00 to $365.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and a consensus price target of $245.94.

Insider Transactions at Marvell Technology

In other news, CFO Daniel Durn sold 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total value of $632,272.50. Following the completion of the transaction, the chief financial officer owned 6,902 shares of the company’s stock, valued at $1,939,531.02. This represents a 24.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Sandeep Bharathi sold 2,231 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the completion of the transaction, the insider owned 55,530 shares of the company’s stock, valued at approximately $16,610,688.90. This trade represents a 3.86% decrease in their position. The SEC filing for this sale provides additional information. 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. Over the last three months, insiders have sold 34,481 shares of company stock worth $7,982,532. Insiders own 0.12% of the company’s stock.

Marvell Technology Stock Performance

NASDAQ MRVL opened at $222.02 on Monday. 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, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88. The company has a market cap of $194.22 billion, a price-to-earnings ratio of 76.03, a price-to-earnings-growth ratio of 1.39 and a beta of 2.24. The business’s fifty day moving average is $237.59 and its 200 day moving average is $166.26.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data 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 return on equity of 13.83% and a net margin of 28.99%.The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the previous year, the company posted $0.62 EPS. Marvell Technology’s quarterly revenue 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. As a group, sell-side analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were issued 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 payout ratio is 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.