Marvell Technology, Inc. $MRVL Shares Purchased by Highland Capital Management LLC

Key Points

• Highland Capital Management raised its stake in Marvell by 14.2% in Q4, buying 10,421 shares to hold 83,751 shares valued at about $7.12 million.
• Marvell is benefiting from strong AI tailwinds — reports of a ~$2 billion strategic investment from Nvidia, co‑development talks with Alphabet and cloud design wins — and analysts are largely bullish, with an average price target near $125 after several target increases.
• Financially, Marvell beat Q1 estimates with $0.80 EPS versus $0.79 and $2.22 billion revenue (up 22.1% YoY), and set Q1 FY2027 guidance of $0.74–$0.84 EPS, though valuation measures (PE ~53) are elevated.

Highland Capital Management LLC increased its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 14.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,751 shares of the semiconductor company's stock after purchasing an additional 10,421 shares during the period. Highland Capital Management LLC's holdings in Marvell Technology were worth $7,117,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of MRVL. Vanguard Group Inc. grew 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 purchasing an additional 15,166,976 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Marvell Technology by 59.7% during the third quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company's stock worth $1,397,751,000 after purchasing an additional 6,217,952 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Marvell Technology by 47.0% during the third quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company's stock worth $1,000,689,000 after purchasing an additional 3,805,431 shares in the last quarter. Rafferty Asset Management LLC grew its stake in shares of Marvell Technology by 111.0% during the second quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company's stock worth $449,722,000 after purchasing an additional 3,056,808 shares in the last quarter. Finally, Westfield Capital Management Co. LP acquired a new position in shares of Marvell Technology during the third quarter worth $219,587,000. Institutional investors and hedge funds own 83.51% of the company's stock.

Key Marvell Technology News

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

• Positive Sentiment: Large strategic/partner news is supporting the stock: Trefis highlights a reported $2 billion strategic investment from Nvidia, co‑development talks with Alphabet and multiple cloud provider design wins — positive signals for sustained AI infrastructure revenue. Marvell Stock: A 16% Yield Trade With A 46% Margin of Safety
• Positive Sentiment: Investor narratives from outlets like The Motley Fool emphasize Marvell’s role as a custom‑chip and infrastructure supplier in the AI cycle, reinforcing demand expectations and contributing to recent share gains. Nvidia Is Up 7 in 2026 While Marvell Technology Has Nearly Doubled. Here's Why.
• Neutral Sentiment: Event risk: Management will report Q1 FY2027 results and host a conference call on May 27 — guidance, revenue mix (hyperscaler/cloud vs. other), and timing of design wins will likely drive the next leg of volatility. Marvell Q1 FY2027 Conference Call
• Neutral Sentiment: Analyst/valuation coverage is active: multiple bullish notes and price‑target raises are circulating, but longer pieces flag that the stock’s rapid run (50%+ last month per some write‑ups) leaves valuation stretched versus near‑term earnings. Useful context for risk/reward. Is It Worth Investing in Marvell (MRVL) Based on Wall Street's Bullish Views?
• Negative Sentiment: Insider sale: COO Chris Koopmans sold 10,000 shares (~$1.63M) on May 1 under a pre‑arranged Rule 10b5‑1 plan, cutting his stake ~4.6%. While pre‑planned sales are common, the disclosure can prompt short‑term selling or investor questions about timing. SEC Form 4: Koopmans Sale

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft set a $120.00 target price on shares of Marvell Technology in a research report on Tuesday, February 10th. Rosenblatt Securities increased their target price on shares of Marvell Technology from $115.00 to $140.00 and gave the company a "buy" rating in a research report on Friday, March 6th. Susquehanna reaffirmed a "positive" rating on shares of Marvell Technology in a research report on Tuesday, February 24th. Benchmark reaffirmed a "buy" rating and issued a $130.00 target price on shares of Marvell Technology in a research report on Tuesday, March 31st. Finally, Morgan Stanley lifted their target price on shares of Marvell Technology from $95.00 to $103.00 and gave the company an "equal weight" rating in a report on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $125.00.

Insider Buying and Selling

In other Marvell Technology news, EVP Mark Casper sold 10,854 shares of the business's stock in a transaction on 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 directly owned 4,023 shares of the company's stock, valued at approximately $430,501.23. The trade was a 72.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Willem A. Meintjes sold 30,000 shares of the business's stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total transaction of $4,020,300.00. Following the completion of the transaction, the chief financial officer directly owned 154,111 shares in the company, valued at $20,652,415.11. This represents a 16.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 sold a total of 233,560 shares of company stock worth $27,870,662 in the last ninety days. Insiders own 0.19% of the company's stock.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $163.66 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58. The company has a market cap of $143.11 billion, a PE ratio of 53.14, a P/E/G ratio of 1.49 and a beta of 2.25. The stock has a fifty day moving average price of $108.68 and a 200 day moving average price of $93.39. Marvell Technology, Inc. has a 1-year low of $53.78 and a 1-year high of $170.84.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its quarterly earnings data 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 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 period in the previous year, the company posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Sell-side analysts forecast that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Dividend Announcement

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

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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