NewEdge Wealth LLC Acquires 5,468 Shares of Marvell Technology, Inc. $MRVL

Key Points

• NewEdge Wealth increased its Marvell Technology stake by 52.4% in the first quarter, acquiring 5,468 additional shares for a total of 15,904 shares valued at approximately $1.575 million.
• Institutional investors own 83.51% of Marvell’s outstanding shares, with State Street, Geode Capital, Norges Bank, VanEck and Northern Trust among the largest holders.
• Marvell reported 27.6% year-over-year revenue growth to $2.42 billion in its latest quarter, while analysts maintain a “Moderate Buy” consensus and an average price target of $245.45; insiders, however, sold $9.84 million of stock over the past three months.

NewEdge Wealth LLC boosted its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 52.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,904 shares of the semiconductor company's stock after purchasing an additional 5,468 shares during the quarter. NewEdge Wealth LLC's holdings in Marvell Technology were worth $1,575,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MRVL. State Street Corp lifted its holdings in shares of Marvell Technology by 7.9% during the fourth quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company's stock worth $1,940,503,000 after buying an additional 1,677,724 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Marvell Technology by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 12,108,452 shares of the semiconductor company's stock worth $1,025,185,000 after acquiring an additional 97,624 shares during the last quarter. Norges Bank acquired a new stake in shares of Marvell Technology in the fourth quarter worth $895,455,000. Van ECK Associates Corp increased its position 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 worth $838,286,000 after acquiring an additional 1,007,315 shares during the period. Finally, Northern Trust Corp increased its position in Marvell Technology by 9.7% during the fourth quarter. Northern Trust Corp now owns 6,798,272 shares of the semiconductor company's stock worth $577,717,000 after acquiring an additional 598,920 shares during the period. Institutional investors and hedge funds own 83.51% of the company's stock.

Insiders Place Their Bets

In related news, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total value of $667,359.03. Following the transaction, the insider directly owned 55,530 shares in the company, valued at $16,610,688.90. This represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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. Also, CFO Willem A. Meintjes sold 4,000 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The shares were 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 directly 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 45,981 shares of company stock valued at $9,835,542 over the last three months. 0.12% of the stock is owned by insiders.

Marvell Technology News Summary

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

• Positive Sentiment: Analysts and market commentary continue to highlight Marvell as a beneficiary of booming AI data-center networking demand, with faster Ethernet, optics, and interconnect spending seen as a tailwind for the company. Momentum Crash Hits YOLO Traders’ Returns by Most in Four Years
• Positive Sentiment: Multiple recent articles frame Marvell as a key AI infrastructure stock to watch, suggesting investors still see upside from secular growth in AI networking and connectivity. 4 Networking Semiconductor Stocks to Watch in August 2026
• Positive Sentiment: Recent coverage notes that Marvell continues to be compared favorably within the AI connectivity race, reinforcing the idea that the stock remains tied to strong hyperscaler and AI capex trends. Marvell Technology vs. Nvidia: What Do the Revenue Trends of These Artificial Intelligence Companies Tell Investors?
• Neutral Sentiment: Short-interest data was reported as effectively zero, which does not suggest a meaningful bearish positioning signal either way.
• Neutral Sentiment: Several recent opinion pieces are asking whether Marvell is the “new Nvidia” or whether Broadcom is the better comparison, but these are mostly valuation and positioning debates rather than fresh company-specific catalysts. Is Marvell Technology the New Nvidia?
• Negative Sentiment: Some commentary highlights that Nvidia appears to be winning the AI capex battle and that momentum stocks have recently come under pressure, which may be weighing on sentiment across AI-related names, including Marvell. Nvidia is Winning AI Capex Wars So I Continue Loading Up

Marvell Technology Stock Performance

Shares of MRVL opened at $194.23 on Monday. The stock's fifty day simple moving average is $243.42 and its 200-day simple moving average is $153.61. The firm has a market capitalization of $169.91 billion, a PE ratio of 66.52, a price-to-earnings-growth ratio of 1.22 and a beta of 2.20. Marvell Technology, Inc. has a 12-month low of $61.44 and a 12-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.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts' consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period last year, the company earned $0.62 earnings per share. The company's revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts predict that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, July 10th. Marvell Technology's payout ratio is 8.22%.

Wall Street Analyst Weigh In

MRVL has been the subject of a number of research reports. KeyCorp increased their price target on shares of Marvell Technology from $385.00 to $400.00 and gave the company an "overweight" rating in a report on Tuesday, July 14th. Susquehanna upped their price objective on Marvell Technology from $100.00 to $230.00 and gave the company a "positive" rating in a research note on Tuesday, May 26th. Melius Research set a $220.00 target price on shares of Marvell Technology in a research report on Monday, May 18th. Zacks Research upgraded Marvell Technology from a "strong sell" rating to a "hold" rating in a research report on Tuesday, March 31st. Finally, Jefferies Financial Group boosted their target price on shares of Marvell Technology from $149.00 to $235.00 and gave the stock a "buy" rating in a research note on Thursday, May 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $245.45.

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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