J. Goldman & Co LP Acquires New Stake in Marvell Technology, Inc. $MRVL

J. Goldman & Co LP acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,333 shares of the semiconductor company's stock, valued at approximately $1,887,000.

A number of other large investors have also bought and sold shares of the company. BlackRock Inc. lifted its position in shares of Marvell Technology by 34.1% during the 2nd quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company's stock valued at $25,511,649,000 after buying an additional 21,798,190 shares during the last quarter. State Street Corp increased its holdings in Marvell Technology by 7.9% in the 4th quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company's stock worth $1,940,503,000 after acquiring an additional 1,677,724 shares during the last quarter. Geode Capital Management LLC raised its stake in Marvell Technology by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 12,108,452 shares of the semiconductor company's stock valued at $1,025,185,000 after acquiring an additional 97,624 shares during the period. Norges Bank bought a new stake in Marvell Technology in the 4th quarter valued at about $895,455,000. Finally, Van ECK Associates Corp lifted its holdings in Marvell Technology by 11.4% during the fourth quarter. Van ECK Associates Corp now owns 9,864,514 shares of the semiconductor company's stock valued at $838,286,000 after purchasing an additional 1,007,315 shares during the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology Stock Performance

NASDAQ:MRVL opened at $240.38 on Wednesday. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. The stock has a market cap of $210.28 billion, a P/E ratio of 82.32, a PEG ratio of 1.43 and a beta of 2.24. The business's 50-day moving average price is $231.37 and its two-hundred day moving average price is $173.94.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts' consensus estimates of $0.80. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business's revenue for the quarter was up 27.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.62 EPS. As a group, equities analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

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

Marvell Technology News Roundup

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Roth Capital restated a "buy" rating and set a $350.00 price target on shares of Marvell Technology in a research note on Thursday, August 20th. Susquehanna increased their target price on Marvell Technology from $230.00 to $265.00 and gave the stock a "positive" rating in a research report on Tuesday. Rosenblatt Securities boosted their price objective on Marvell Technology from $240.00 to $300.00 and gave the company a "buy" rating in a research note on Tuesday. Loop Capital upgraded Marvell Technology to a "strong-buy" rating in a research note on Tuesday, June 16th. Finally, B. Riley Financial reaffirmed a "buy" rating on shares of Marvell Technology in a report on Wednesday, August 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $258.42.

Insider Transactions at Marvell Technology

In other news, CFO Daniel Durn sold 2,250 shares of the business's stock in a transaction that occurred on Tuesday, June 23rd. The shares were 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 directly owned 6,902 shares in the company, valued at approximately $1,939,531.02. The trade was a 24.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the transaction, the insider directly owned 55,530 shares in the company, valued at approximately $16,610,688.90. This represents a 3.86% 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. Insiders have sold a total of 41,981 shares of company stock valued at $9,753,132 over the last quarter. 0.12% of the stock is owned by company insiders.

About Marvell Technology

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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