LHM Inc. Has $8.49 Million Stake in Marvell Technology, Inc. $MRVL

Key Points

• LHM Inc. trimmed its Marvell Technology stake by 7.9% in the fourth quarter, selling 8,515 shares and leaving it with 99,857 shares valued at about $8.49 million. Marvell still makes up 3.2% of LHM’s portfolio and is its 10th-largest holding.
• Marvell reported solid quarterly results, with EPS of $0.80 matching estimates and revenue of $2.42 billion slightly topping forecasts. Revenue rose 27.6% year over year, and the company also issued upbeat Q2 2027 guidance.
• Wall Street sentiment remains constructive after the earnings update, with several firms raising price targets and the average analyst rating sitting at “Moderate Buy.” UBS and JPMorgan were among those boosting targets, reflecting confidence in Marvell’s AI and data-center growth prospects.

LHM Inc. trimmed its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 7.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 99,857 shares of the semiconductor company's stock after selling 8,515 shares during the period. Marvell Technology accounts for 3.2% of LHM Inc.'s portfolio, making the stock its 10th largest holding. LHM Inc.'s holdings in Marvell Technology were worth $8,486,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Trifecta Capital Advisors LLC boosted its holdings in shares of Marvell Technology by 8.8% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 1,430 shares of the semiconductor company's stock valued at $120,000 after purchasing an additional 116 shares during the last quarter. Faithward Advisors LLC lifted its position in shares of Marvell Technology by 2.1% in the third quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company's stock worth $525,000 after buying an additional 126 shares in the last quarter. South Plains Financial Inc. boosted its stake in Marvell Technology by 1.6% during the third quarter. South Plains Financial Inc. now owns 8,454 shares of the semiconductor company's stock valued at $711,000 after buying an additional 130 shares during the last quarter. GeoWealth Management LLC boosted its stake in Marvell Technology by 5.1% during the third quarter. GeoWealth Management LLC now owns 2,808 shares of the semiconductor company's stock valued at $236,000 after buying an additional 135 shares during the last quarter. Finally, Parisi Gray Wealth Management grew its holdings in Marvell Technology by 0.8% during the 4th quarter. Parisi Gray Wealth Management now owns 17,378 shares of the semiconductor company's stock valued at $1,477,000 after buying an additional 143 shares in the last quarter. Hedge funds and other institutional investors own 83.51% of the company's stock.

Marvell Technology Trading Up 3.1%

Shares of MRVL opened at $204.83 on Friday. The company's fifty day simple moving average is $143.83 and its 200-day simple moving average is $105.25. The company has a market cap of $183.80 billion, a P/E ratio of 70.15, a P/E/G ratio of 1.66 and a beta of 2.25. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a twelve month low of $58.61 and a twelve month high of $218.26.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last released 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 during the quarter, compared to analysts' expectations of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 14.89%. The firm's revenue for the quarter was up 27.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, analysts expect that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Friday, April 10th. Marvell Technology's dividend payout ratio is presently 7.79%.

Analysts Set New Price Targets

MRVL has been the topic of several recent research reports. Zacks Research raised Marvell Technology from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 31st. UBS Group upped their price target on shares of Marvell Technology from $195.00 to $230.00 and gave the company a "buy" rating in a research note on Thursday. Wall Street Zen lowered shares of Marvell Technology from a "buy" rating to a "hold" rating in a research report on Sunday, March 15th. JPMorgan Chase & Co. boosted their target price on shares of Marvell Technology from $135.00 to $240.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Compass Point set a $190.00 target price on shares of Marvell Technology in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Marvell Technology currently has an average rating of "Moderate Buy" and an average price target of $208.64.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell reported revenue of $2.42 billion, ahead of estimates, with EPS of $0.80 matching expectations, showing solid execution as data center demand remained strong. Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised fiscal 2027 and 2028 revenue outlooks, citing exceptional AI-related bookings and stronger networking/custom silicon demand, which supports the view that growth could accelerate further. Marvell Lifts FY2027 Outlook As Revenue Growth Nears 40%
• Positive Sentiment: Multiple Wall Street firms raised price targets after the report, including JPMorgan, Bank of America, RBC, Stifel, Citi, UBS and Benchmark, signaling growing confidence in Marvell’s AI infrastructure opportunity. Marvell Buy Rating Reiterated as Arcuri Lifts Price Target to $230 on Accelerating AI-Driven Data Center Momentum
• Neutral Sentiment: Management highlighted “agentic AI” as a potential new driver for networking and infrastructure demand, reinforcing the long-term growth story but offering more strategic commentary than near-term financial impact. Marvell Thinks Agentic AI Could Trigger Another Infrastructure Boom
• Negative Sentiment: Despite the beat and higher guidance, some investors sold the stock anyway, suggesting the market is worried the AI growth story is already priced in after a strong run-up. Marvell Stock Drops After Earnings Beat. It Sees Growth in Powering the AI Boom.

Insider Activity

In other news, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the completion of the sale, the chief executive officer directly owned 739,397 shares in the company, valued at approximately $131,065,512.22. This trade represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Willem A. Meintjes sold 4,000 shares of the company's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $175.24, for a total transaction of $700,960.00. Following the completion of the transaction, the chief financial officer owned 226,675 shares in the company, valued at approximately $39,722,527. The trade was a 1.73% 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. Insiders sold 245,060 shares of company stock worth $29,901,072 in the last three months. Corporate insiders own 0.12% of the company's stock.

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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