Advent International L.P. purchased a new position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 44,305 shares of the semiconductor company's stock, valued at approximately $13,198,000. Marvell Technology comprises about 0.1% of Advent International L.P.'s holdings, making the stock its 25th largest holding.
Other hedge funds have also made changes to their positions in the company. Focused Wealth Management Inc acquired a new position in Marvell Technology during the first quarter valued at approximately $608,000. Swedbank AB boosted its holdings in shares of Marvell Technology by 2.8% during the 1st quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company's stock worth $315,925,000 after buying an additional 85,816 shares during the period. Wilson Asset Management International PTY Ltd. boosted 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 buying an additional 22,837 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Marvell Technology by 49.7% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company's stock valued at $27,105,000 after buying an additional 90,800 shares during the last quarter. Finally, Varma Mutual Pension Insurance Co grew its stake in Marvell Technology by 25.4% in the 4th quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company's stock valued at $13,477,000 after buying an additional 32,130 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company's stock.
Analysts Set New Price Targets
A number of research firms have weighed in on MRVL. Bank of America boosted their target price on shares of Marvell Technology from $240.00 to $365.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. Rosenblatt Securities raised their price target on Marvell Technology from $240.00 to $300.00 and gave the company a "buy" rating in a research report on Tuesday. Royal Bank Of Canada reiterated an "outperform" rating and issued a $360.00 price objective on shares of Marvell Technology in a research note on Thursday, August 20th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $240.00 price objective on shares of Marvell Technology in a research report on Thursday, May 28th. Finally, Wells Fargo & Company raised their target price on Marvell Technology from $240.00 to $310.00 and gave the company an "overweight" rating in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $258.42.
Get Our Latest Report on MRVL
More Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Google custom-chip agreement boosts AI expectations. Articles highlighted Marvell’s reported agreement with Google, including approximately $12.19 billion in share warrants, as evidence that the company is gaining traction as a hyperscaler custom-AI-chip partner. The deal could improve customer diversification and provide growth tied to future Google TPU deployments. Marvell Is Partnering With Google to Create Custom Chips
- Positive Sentiment: Analysts raised targets ahead of earnings. Susquehanna lifted its price target from $230 to $265 with a positive rating, while Rosenblatt raised its target from $240 to $300 and retained a buy rating. Wells Fargo has also reportedly set a $310 target, reflecting expectations for continued AI networking and data-center growth. Susquehanna Raises Marvell Target
- Positive Sentiment: Strong results and guidance are anticipated. Wall Street expects roughly $0.93 in adjusted EPS on $2.7 billion of revenue for fiscal Q2 2027. Investors are also speculating that Marvell could raise its outlook again, following previous guidance increases and ongoing demand for custom chips, networking products, and data-center infrastructure. Marvell AI-Fueled Rally Preview
- Neutral Sentiment: Earnings volatility is likely to remain high. Options traders are pricing in an unusually large move around the August 27 report, making the earnings release and management’s commentary on the Google partnership particularly important for near-term direction. Marvell Options Traders Expect a Large Earnings Move
- Negative Sentiment: Valuation and execution risks remain. Analysts cautioned that MRVL’s sharp 2026 rally has left the stock priced for strong execution. Competition in custom silicon and networking, the need for Google deal details, and potential dilution from the warrants could limit gains if results or guidance disappoint. Marvell Stock Has Run Ahead of Fundamentals
Insider Transactions at Marvell Technology
In other Marvell Technology news, CFO Daniel Durn sold 2,250 shares of the firm'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 sale, the chief financial officer owned 6,902 shares in the company, valued at approximately $1,939,531.02. This trade represents a 24.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Sandeep Bharathi sold 2,231 shares of the business'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 value of $667,359.03. Following the sale, the insider owned 55,530 shares in the company, valued at approximately $16,610,688.90. This represents a 3.86% 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. Insiders have sold a total of 41,981 shares of company stock worth $9,753,132 over the last 90 days. Insiders own 0.12% of the company's stock.
Marvell Technology Stock Performance
NASDAQ:MRVL opened at $240.38 on Wednesday. The firm's 50-day moving average is $231.37 and its 200-day moving average is $173.94. The company has a market cap of $210.28 billion, a price-to-earnings ratio of 82.32, a PEG ratio of 1.43 and a beta of 2.24. 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 52-week low of $61.44 and a 52-week high of $329.88.
Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting the consensus estimate of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business had revenue of $2.42 billion during the quarter, compared to analysts' expectations of $2.41 billion. During the same quarter last year, the company earned $0.62 earnings per share. The firm's revenue was up 27.6% on a year-over-year basis. Equities research analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.
Marvell Technology Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology's dividend payout ratio is 8.22%.
About Marvell Technology
(
Free Report)
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.
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