Impax Asset Management Group plc Has $267.05 Million Stock Holdings in Marvell Technology, Inc. $MRVL

Key Points

• Impax cut its Marvell stake by 13.4% in Q4 to 3,142,554 shares worth $267.05 million, representing about 0.37% of the company and its 16th largest position.
• Marvell beat quarterly expectations (EPS $0.80 vs. $0.79; revenue $2.22B, +22.1% y/y), set Q1 guidance of $0.74–$0.84, and has seen multiple analyst price-target increases with a "Moderate Buy" consensus (avg. target $122.73) amid AI and photonics momentum.
• Significant insider selling occurred recently—COO and CFO executed Rule 10b5‑1 plan sales and insiders sold roughly 223,560 shares (~$26.24M) over the last 90 days, which could add near-term selling pressure despite company growth.

Impax Asset Management Group plc cut its holdings in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 13.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,142,554 shares of the semiconductor company's stock after selling 485,572 shares during the quarter. Marvell Technology comprises 1.7% of Impax Asset Management Group plc's holdings, making the stock its 16th biggest position. Impax Asset Management Group plc owned approximately 0.37% of Marvell Technology worth $267,054,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Atlantic Edge Private Wealth Management LLC boosted its position in Marvell Technology by 160.0% during the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Financial Consulate Inc. acquired a new stake in shares of Marvell Technology in the 3rd quarter valued at approximately $41,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Marvell Technology by 98.0% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company's stock valued at $43,000 after buying an additional 244 shares during the last quarter. Strive Asset Management LLC acquired a new stake in shares of Marvell Technology in the 3rd quarter valued at approximately $42,000. Finally, Meeder Asset Management Inc. boosted its holdings in shares of Marvell Technology by 30.4% in the 3rd quarter. Meeder Asset Management Inc. now owns 557 shares of the semiconductor company's stock valued at $47,000 after buying an additional 130 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company's stock.

Marvell Technology Trading Down 0.8%

Shares of Marvell Technology stock opened at $164.31 on Friday. The business has a fifty day simple moving average of $102.34 and a two-hundred day simple moving average of $91.39. Marvell Technology, Inc. has a 1 year low of $53.78 and a 1 year high of $170.84. The company has a market capitalization of $143.68 billion, a price-to-earnings ratio of 53.35, a P/E/G ratio of 1.50 and a beta of 1.83. 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, beating the consensus estimate of $0.79 by $0.01. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The company's quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Research analysts forecast that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 10th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, April 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology's dividend payout ratio (DPR) is presently 7.79%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on MRVL shares. Stifel Nicolaus increased their price objective on Marvell Technology from $120.00 to $140.00 and gave the company a "buy" rating in a report on Thursday, April 16th. Benchmark reissued a "buy" rating and issued a $130.00 price objective on shares of Marvell Technology in a report on Tuesday, March 31st. Melius Research raised Marvell Technology from a "hold" rating to a "buy" rating and set a $135.00 price objective for the company in a report on Monday, January 5th. Rosenblatt Securities increased their price objective on Marvell Technology from $115.00 to $140.00 and gave the company a "buy" rating in a report on Friday, March 6th. Finally, Oppenheimer increased their price objective on Marvell Technology from $150.00 to $170.00 and gave the company an "outperform" rating in a report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $122.73.

Trending Headlines about Marvell Technology

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 Activity

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $110.24, for a total transaction of $1,102,400.00. Following the transaction, the chief operating officer owned 133,870 shares in the company, valued at $14,757,828.80. This trade represents a 6.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Willem A. Meintjes sold 30,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $134.01, for a total value of $4,020,300.00. Following the transaction, the chief financial officer owned 154,111 shares in the company, valued at $20,652,415.11. The trade was a 16.29% decrease in their position. 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. Over the last ninety days, insiders have sold 223,560 shares of company stock worth $26,243,062. Corporate insiders own 0.19% of the company's stock.

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.

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