Marvell Technology, Inc. $MRVL Shares Sold by Strs Ohio

Key Points

• Strs Ohio trimmed its position in Marvell by 25.5%, selling 189,688 shares in Q4 and leaving 553,093 shares worth roughly $47.0 million.
• Insider selling has been notable recently: COO Chris Koopmans and EVP Mark Casper each sold 10,000 shares, and insiders disposed of 223,560 shares (~$26.24M) over the past 90 days, leaving insiders with 0.19% ownership.
• Analysts and company fundamentals point to momentum — several firms raised price targets (as high as $170), the stock has a consensus "Moderate Buy" with an average target of $122.73, and Marvell reported a slight quarterly beat with 22.1% YoY revenue growth alongside AI‑infrastructure tailwinds and the Polariton acquisition.

Strs Ohio decreased its holdings in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 25.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 553,093 shares of the semiconductor company's stock after selling 189,688 shares during the quarter. Strs Ohio owned 0.07% of Marvell Technology worth $47,002,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of MRVL. Vanguard Group Inc. grew its stake in shares of Marvell Technology by 23.5% in 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% in 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% in 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% in 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 bought a new position in shares of Marvell Technology in the third quarter worth $219,587,000. Institutional investors own 83.51% of the company's stock.

Insider Buying and Selling at Marvell Technology

In other news, COO Chris Koopmans sold 10,000 shares of the company's 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 completion of the sale, the chief operating officer directly owned 133,870 shares of the company's stock, valued at $14,757,828.80. This represents a 6.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Casper sold 10,000 shares of the company's stock in a transaction on Friday, April 17th. The shares were sold at an average price of $135.50, for a total value of $1,355,000.00. Following the sale, the executive vice president directly owned 35,878 shares of the company's stock, valued at approximately $4,861,469. This represents a 21.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 223,560 shares of company stock valued at $26,243,062 over the last 90 days. 0.19% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

MRVL has been the subject of several recent analyst reports. Benchmark reissued a "buy" rating and issued a $130.00 price target on shares of Marvell Technology in a research note on Tuesday, March 31st. JPMorgan Chase & Co. increased their price target on Marvell Technology from $130.00 to $135.00 and gave the stock an "overweight" rating in a research note on Friday, March 6th. Needham & Company LLC cut their price objective on Marvell Technology from $120.00 to $118.00 and set a "buy" rating for the company in a report on Tuesday, February 3rd. B. Riley Financial upped their price objective on Marvell Technology from $135.00 to $156.00 and gave the company a "buy" rating in a report on Monday, April 13th. Finally, Oppenheimer upped 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 investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $122.73.

Marvell Technology Trading Down 0.1%

Shares of Marvell Technology stock opened at $164.95 on Friday. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The firm has a market cap of $144.24 billion, a price-to-earnings ratio of 53.56, a price-to-earnings-growth ratio of 1.50 and a beta of 1.83. The business has a fifty day simple moving average of $108.68 and a 200-day simple moving average of $93.32. Marvell Technology, Inc. has a fifty-two week low of $53.78 and a fifty-two week 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 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 analyst estimates of $2.21 billion. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The company's revenue was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, equities analysts forecast that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Announces Dividend

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

Key Marvell Technology News

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

• Positive Sentiment: April outperformance — MRVL gained sharply in April (about a two-thirds move from the end of March), making it one of the month's top AI-infrastructure winners and pulling investor attention and flows into the stock. ARM, Marvell, or Vertiv: Which AI Infrastructure Stock Crushed It in April?
• Positive Sentiment: Acquisition and hyperscaler traction — Marvell acquired Polariton Technologies to boost high‑speed optical connectivity for AI data centers and is integrating that work with Celestial AI and custom chip efforts; the company cites design activity with major hyperscalers (including Google), which supports durable revenue growth in the data-center AI cycle. Marvell’s AI Data Center Push Meets Early Quantum Computing Exposure
• Positive Sentiment: Fundamentals + scalable earnings thesis — Analysts and note writers highlight Marvell’s AI infrastructure exposure as driving scalable revenue and earnings growth; the company reported a modest beat in its latest quarter and gave Q1 FY2027 EPS guidance, which supports the growth narrative. Marvell: AI Infrastructure Exposure Is Driving Scalable Earnings Growth
• Positive Sentiment: High-profile endorsement — Positive media commentary, including Jim Cramer calling Marvell a "total winner," adds retail and momentum interest that can amplify price action in the near term. Jim Cramer Says “I Think That You’ve Got a Total Winner in Marvell”
• Neutral Sentiment: Market breadth tailwind — Nasdaq and broader tech indexes rallied into month-end, which helped lift tech/AI hardware names like Marvell; this is a macro/supportive factor rather than company-specific news. S&P 500 and Nasdaq 100 Rally to Record Highs on Earnings Optimism
• Neutral Sentiment: Supply-chain/partner noise — Reports that Marvell-related order changes affected smaller optics suppliers (e.g., POET) have circulated; this is more of a supplier-impact story and does not directly change Marvell’s growth narrative, but it can create short-term headlines. Down Nearly 50% from All-Time Highs, Should You Buy the Dip in POET Technologies 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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