American Century Companies Inc. Trims Stock Holdings in Marvell Technology, Inc. $MRVL

Key Points

• American Century Companies Inc. cut its stake in Marvell by 26.4%, selling 69,130 shares to finish the quarter with 192,766 shares valued at $16.206 million.
• Marvell beat Q4 revenue and EPS expectations and materially raised its FY2027/FY2028 targets (management now targets ~$11B for FY2027 and ~$15B for FY2028 with “well over” $5 adjusted EPS), spurring multiple analyst upgrades and a consensus “Moderate Buy” with a $117.24 price target.
• Large institutions continue to reposition: Vanguard increased its stake to 79.61 million shares (up 23.5%, worth $6.69B) while overall institutional ownership stands at 83.51%; insiders own 0.33%, and EVP Mark Casper sold 5,000 shares.

American Century Companies Inc. reduced its position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 26.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 192,766 shares of the semiconductor company's stock after selling 69,130 shares during the quarter. American Century Companies Inc.'s holdings in Marvell Technology were worth $16,206,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Marvell Technology by 23.5% during the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company's stock worth $6,692,830,000 after buying an additional 15,166,976 shares during the period. Brown Advisory Inc. raised its stake in shares of Marvell Technology by 8.0% during the second quarter. Brown Advisory Inc. now owns 20,840,336 shares of the semiconductor company's stock worth $1,613,044,000 after purchasing an additional 1,539,809 shares during the last quarter. State Street Corp raised its stake in shares of Marvell Technology by 2.7% during the second quarter. State Street Corp now owns 20,573,260 shares of the semiconductor company's stock worth $1,592,370,000 after purchasing an additional 533,946 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Marvell Technology by 16.4% during the second quarter. Ameriprise Financial Inc. now owns 10,406,875 shares of the semiconductor company's stock worth $805,473,000 after purchasing an additional 1,464,571 shares during the period. Finally, Norges Bank acquired a new stake in shares of Marvell Technology during the second quarter worth $716,713,000. 83.51% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $93.08, for a total value of $465,400.00. Following the completion of the transaction, the executive vice president directly owned 19,418 shares of the company's stock, valued at approximately $1,807,427.44. This trade represents a 20.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.33% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Bank of America raised shares of Marvell Technology from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $90.00 to $110.00 in a research note on Friday, March 6th. Stifel Nicolaus raised their target price on shares of Marvell Technology from $114.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday. Evercore reaffirmed an "outperform" rating and issued a $133.00 target price on shares of Marvell Technology in a report on Wednesday, March 4th. Wall Street Zen upgraded shares of Marvell Technology from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, Summit Insights raised shares of Marvell Technology from a "hold" rating to a "buy" rating in a report on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $117.24.

Key Marvell Technology News

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

• Positive Sentiment: Q4 beat and major guidance lift — Marvell reported revenue and EPS above expectations and raised FY2027/FY2028 revenue and EPS targets substantially (management now targets ~ $11B for FY2027 and ~$15B for FY2028 with “well over” $5 adjusted EPS). This is the primary driver of the stock’s strength today. Marvell’s Big Earnings Win Could Be the Start of Something Bigger
• Positive Sentiment: AI/networking demand validated by management — CEO commentary emphasized accelerating design wins and strong demand for AI networking and inference-optimized silicon, reinforcing the narrative that Marvell is capturing hyperscaler custom‑chip spending. Marvell Technology Shares Jump on Strong AI Growth. Is It Too Late to Buy the Stock?
• Positive Sentiment: Analyst upgrades and higher price targets — several firms have upgraded or raised targets after the quarter (Benchmark, Bank of America, KGI and others), signaling renewed Wall Street conviction and supporting further upside. Marvell Technology NASDAQ: MRVL Upgraded at Bank of America
• Positive Sentiment: Broader analyst confidence — coverage pieces note optical interconnect wins and rapid enterprise adoption, reinforcing the company’s positioning in high‑growth AI infrastructure segments. Analysts Have New ‘Confidence’ in Marvell Stock. Should You Buy It Now?
• Neutral Sentiment: Market commentary and buy‑opportunity analyses — several outlets published bullish deep‑dive pieces arguing this is a long‑term AI play, useful for investors but mainly opinion‑driven rather than new company facts. Marvell: Buying Opportunity Before It Takes Off Without You
• Neutral Sentiment: Trending‑stock attention — MRVL is showing up on lists of trending names, which can amplify intraday flows but doesn’t change fundamentals by itself. What's Driving Attention Behind These Trending Stocks? MRVL, STRL, HIMS
• Negative Sentiment: Competition and alternative top picks — some large brokers (e.g., Morgan Stanley coverage) favor Broadcom as the top AI chip/network play, highlighting competitive risk and alternative capital flows away from Marvell. Morgan Stanley Picks Broadcom Over Marvell -- Calls It "Top AI Chip Play" for 2026
• Negative Sentiment: Valuation and execution watch — post‑earnings rally left valuation elevated and some analysts caution about sustaining the strong growth and customer concentration risks; investors should weigh upside vs. higher expectations. MRVL Surges 18.4% Post Q4 Earnings: Time to Hold or Fold the Stock?

Marvell Technology Price Performance

Marvell Technology stock opened at $93.30 on Wednesday. The company has a market cap of $81.28 billion, a P/E ratio of 30.29, a price-to-earnings-growth ratio of 0.96 and a beta of 1.97. Marvell Technology, Inc. has a one year low of $47.08 and a one year high of $102.77. The business has a fifty day moving average of $81.57 and a two-hundred day moving average of $82.41. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.01.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last posted its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. The business had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.40%. The business's revenue for the quarter was up 22.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, analysts predict that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 29th. Shareholders of record on Friday, January 9th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, January 9th. Marvell Technology's dividend payout ratio is presently 7.79%.

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.

Want to see what other hedge funds are holding MRVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.