USS Investment Management Ltd Trims Stake in Marvell Technology, Inc. $MRVL

USS Investment Management Ltd reduced its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 202,506 shares of the semiconductor company’s stock after selling 2,299 shares during the quarter. USS Investment Management Ltd’s holdings in Marvell Technology were worth $17,209,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of MRVL. Laurel Wealth Advisors LLC purchased a new position in shares of Marvell Technology in the 4th quarter valued at $25,000. Jessup Wealth Management Inc purchased a new position in shares of Marvell Technology in the 4th quarter valued at $25,000. Cherry Tree Wealth Management LLC purchased a new position in shares of Marvell Technology in the 4th quarter valued at $26,000. Ankerstar Wealth LLC purchased a new position in shares of Marvell Technology in the 4th quarter valued at $34,000. Finally, Elyxium Wealth LLC purchased a new position in shares of Marvell Technology in the 4th quarter valued at $40,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Marvell Technology Stock Performance

Shares of MRVL opened at $279.70 on Monday. The stock has a 50-day moving average of $182.49 and a two-hundred day moving average of $119.60. Marvell Technology, Inc. has a one year low of $61.44 and a one year high of $324.20. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The stock has a market cap of $244.68 billion, a P/E ratio of 95.79, a P/E/G ratio of 1.83 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.80. The business had revenue of $2.42 billion during 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%.The company’s revenue for the quarter was up 27.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, April 10th. Marvell Technology’s payout ratio is 8.22%.

Insiders Place Their Bets

In other news, EVP Mark Casper sold 10,854 shares of the business’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the completion of the transaction, the executive vice president owned 4,023 shares of the company’s stock, valued at $430,501.23. The trade was a 72.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Matthew J. Murphy sold 30,000 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $30,607,462.20. This trade represents a 8.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 255,060 shares of company stock worth $31,959,772. 0.12% of the stock is currently owned by company insiders.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Marvell is set to join the S&P 500 on June 22, a move that can drive automatic buying from index funds and reinforce investor confidence in the company’s scale and profitability.
• Positive Sentiment: B. Riley raised its price target on Marvell to $345 and maintained a buy rating, signaling continued upside expectations for the AI-driven semiconductor business.
• Positive Sentiment: Erste Group lifted its FY2027 and FY2028 earnings estimates, reflecting higher expectations for Marvell’s long-term AI infrastructure growth.
• Positive Sentiment: Marvell’s appointment of Dan Durn as CFO, along with the company’s reaffirmed outlook, suggests management sees a stable transition while it continues pushing its AI growth strategy. Article: Marvell Taps Adobe CFO as AI Growth Push Continues
• Neutral Sentiment: Coverage across financial media continues to highlight Marvell as a major AI infrastructure name, which keeps the stock in focus but does not by itself change fundamentals.
• Neutral Sentiment: Some commentary notes that the stock has run up sharply and is trading at a premium valuation, which could lead to more volatility if expectations get too high.
• Negative Sentiment: Rosenblatt reaffirmed a buy rating but kept a $240 price target, which is below the current trading level and suggests some analysts see limited near-term upside from here.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Marvell Technology in a report on Friday, March 27th. Roth Mkm lifted their price target on Marvell Technology from $135.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Zacks Research upgraded Marvell Technology from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Raymond James Financial set a $235.00 target price on Marvell Technology and gave the stock a “strong-buy” rating in a research note on Thursday, May 28th. Finally, KGI Securities upgraded Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a research note on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $224.68.

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.