Deltec Asset Management LLC Buys 22,500 Shares of Marvell Technology, Inc. $MRVL

Key Points

• Deltec Asset Management boosted its Marvell stake by 57.7%, buying 22,500 shares to hold 61,515 shares worth $5.228 million, making MRVL its 26th-largest holding.
• Marvell acquired Polariton Technologies to strengthen silicon photonics for AI/data-center interconnects and several analysts have raised price targets, leaving a MarketBeat consensus of "Moderate Buy" with an average target of $122.73.
• Despite heavy institutional ownership (about 83.5%), insiders have sold significant stock—including CEO and EVP multimillion-dollar sales and 223,560 shares (~$26.24M) sold last quarter—posing a near-term caution given a rich P/E (~53).

Deltec Asset Management LLC boosted its stake in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 57.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,515 shares of the semiconductor company's stock after acquiring an additional 22,500 shares during the period. Marvell Technology accounts for approximately 0.9% of Deltec Asset Management LLC's holdings, making the stock its 26th biggest holding. Deltec Asset Management LLC's holdings in Marvell Technology were worth $5,228,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Marvell Technology by 23.5% in the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company's stock valued at $6,692,830,000 after acquiring an additional 15,166,976 shares in the last quarter. State Street Corp boosted its holdings in Marvell Technology by 2.8% in the third quarter. State Street Corp now owns 21,157,092 shares of the semiconductor company's stock valued at $1,778,677,000 after acquiring an additional 583,832 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Marvell Technology by 59.7% during the third quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company's stock valued at $1,397,751,000 after buying an additional 6,217,952 shares during the period. Franklin Resources Inc. lifted its position in Marvell Technology by 47.0% during the third quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company's stock valued at $1,000,689,000 after buying an additional 3,805,431 shares during the period. Finally, Van ECK Associates Corp lifted its position in Marvell Technology by 12.1% during the third quarter. Van ECK Associates Corp now owns 8,857,199 shares of the semiconductor company's stock valued at $744,624,000 after buying an additional 958,542 shares during the period. Institutional investors own 83.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. KGI Securities raised Marvell Technology from a "neutral" rating to an "outperform" rating and set a $110.00 price objective for the company in a research report on Friday, March 6th. Citigroup raised their price objective on Marvell Technology from $113.00 to $118.00 and gave the company a "buy" rating in a research report on Friday, March 6th. Stifel Nicolaus raised their price objective on Marvell Technology from $120.00 to $140.00 and gave the company a "buy" rating in a research report on Thursday, April 16th. Weiss Ratings reissued a "hold (c)" rating on shares of Marvell Technology in a research report on Friday, March 27th. Finally, Wall Street Zen lowered Marvell Technology from a "buy" rating to a "hold" rating in a research report on Sunday, March 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $122.73.

Key Marvell Technology News

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

• Positive Sentiment: Acquisition expands photonics edge — Marvell announced the acquisition of Polariton Technologies to boost silicon photonics performance for AI/data-center interconnects, strengthening its roadmap for high-bandwidth, low-power optical links. Marvell Announces Acquisition of Polariton Technologies, Advancing Optical Performance Scaling to 3.2T and Beyond
• Positive Sentiment: Wall Street lifts targets on stronger AI/customer exposure — RBC, Stifel and others have raised price targets and reiterated buys, citing AWS/Google exposure and stronger optical demand; that analyst support is underpinning recent gains. Here is why Marvell (MRVL) is Among the 10 Best Fast Growth Stocks to Invest In Now
• Positive Sentiment: AI partnership rumors and heavy options activity have driven momentum — market reports link Marvell to Google/AWS AI projects and note unusual call buying, which fuels short-term upside and speculative interest. Marvell (MRVL) Stock Jumps 5% on Polariton Deal, Google Rumors, and Wall Street Upgrades
• Neutral Sentiment: Short-interest report appears to show zero shares (likely a data/reporting anomaly); current published short-interest metrics are not informative for timing trading moves.
• Neutral Sentiment: Broad media coverage and bullish thesis pieces (Reddit, Seeking Alpha, MarketBeat) are increasing retail attention and trading volume; this magnifies volatility but is mixed for long-term signal quality.
• Negative Sentiment: Insider selling — a Marvell EVP sold roughly $1.36M in stock this week, which can be perceived as near-term profit-taking. Insider Selling: Marvell Technology NASDAQ: MRVL EVP Sells $1,355,000.00 in Stock
• Negative Sentiment: Analyst caution / downgrade noise — at least one note urges restraint despite strong results, highlighting elevated valuation and risk of a pullback after the rapid run-up. Marvell: Finally Silences The Skeptics, But Don't Rush In Now (Downgrade)
• Negative Sentiment: Valuation scrutiny — coverage points out MRVL trades at elevated multiples vs. historicals, raising sensitivity to any slowdown in AI/cloud spending. Is Marvell Stock A Buy At 40x PE Following Nvidia, Google Deals?

Insider Buying and Selling

In related news, EVP Mark Casper sold 10,854 shares of the company's stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total value of $1,161,486.54. Following the transaction, the executive vice president owned 4,023 shares in the company, valued at $430,501.23. The trade was a 72.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Matthew J. Murphy sold 30,000 shares of the company's stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the completion of the transaction, the chief executive officer owned 310,106 shares in the company, valued at approximately $30,607,462.20. The trade was a 8.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 223,560 shares of company stock worth $26,243,062 over the last quarter. 0.33% of the stock is owned by insiders.

Marvell Technology Stock Performance

Shares of Marvell Technology stock opened at $164.31 on Monday. The stock has a market cap of $143.68 billion, a price-to-earnings ratio of 53.35, a PEG ratio of 1.49 and a beta of 1.83. The firm's 50-day moving average is $102.34 and its 200 day moving average is $91.41. Marvell Technology, Inc. has a 1 year low of $53.78 and a 1 year high of $170.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. The company 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 14.22%. Marvell Technology's revenue was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Sell-side analysts anticipate that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 10th will be paid a $0.06 dividend. The ex-dividend date is Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology's 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.

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