Oppenheimer Asset Management Inc. Has $1.03 Million Stock Holdings in Marvell Technology, Inc. $MRVL

Key Points

• Oppenheimer Asset Management cut its stake in Marvell by 85.4% in Q4, selling 71,211 shares and ending the quarter with 12,167 shares worth about $1.03 million.
• Marvell beat Q4 expectations with $0.80 EPS vs. $0.79 expected and $2.22B revenue (up 22.1% year‑over‑year), set Q1 FY2027 EPS guidance of $0.740–0.840, and has broad analyst support (average target ~$125).
• Several insiders, including the CEO and CFO, sold shares under pre‑arranged Rule 10b5‑1 plans (233,560 shares sold in the last 90 days, ~$27.9M), while institutional investors own about 83.5% of the stock.

Oppenheimer Asset Management Inc. lessened its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 85.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,167 shares of the semiconductor company's stock after selling 71,211 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in Marvell Technology were worth $1,034,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in MRVL. Intech Investment Management LLC lifted its stake in shares of Marvell Technology by 3.9% during the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company's stock valued at $1,772,000 after acquiring an additional 1,085 shares during the period. Baird Financial Group Inc. lifted its stake in shares of Marvell Technology by 22.7% during the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company's stock valued at $1,348,000 after acquiring an additional 3,221 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of Marvell Technology during the second quarter valued at $354,000. Treasurer of the State of North Carolina lifted its stake in shares of Marvell Technology by 3.0% during the second quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company's stock valued at $31,256,000 after acquiring an additional 11,572 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in Marvell Technology by 1.0% in the second quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company's stock valued at $31,855,000 after buying an additional 4,060 shares during the period. Institutional investors and hedge funds own 83.51% of the company's stock.

Marvell Technology Trading Up 3.2%

NASDAQ MRVL opened at $168.82 on Wednesday. The firm has a market cap of $147.62 billion, a P/E ratio of 54.81, a P/E/G ratio of 1.48 and a beta of 2.25. 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 stock's 50-day moving average is $110.46 and its 200-day moving average is $93.96. Marvell Technology, Inc. has a one year low of $53.78 and a one year high of $172.98.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. The company had revenue of $2.22 billion for 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%.Marvell Technology's revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Sell-side analysts anticipate that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have weighed in on MRVL shares. TD Cowen increased their target price on Marvell Technology from $85.00 to $90.00 and gave the company a "hold" rating in a research note on Friday, March 6th. Benchmark reissued a "buy" rating and issued a $130.00 target price on shares of Marvell Technology in a research note on Tuesday, March 31st. Raymond James Financial reissued a "strong-buy" rating on shares of Marvell Technology in a research note on Tuesday, January 6th. Susquehanna reissued a "positive" rating on shares of Marvell Technology in a research note on Tuesday, February 24th. Finally, Craig Hallum increased their target price on Marvell Technology from $141.00 to $164.00 and gave the company a "buy" rating in a research note on Friday, March 6th. Two equities research 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. Based on data from MarketBeat, Marvell Technology has an average rating of "Moderate Buy" and an average target price of $125.00.

Insider Activity at Marvell Technology

In other news, CEO Matthew J. Murphy sold 7,500 shares of the firm's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $134.46, for a total transaction of $1,008,450.00. Following the sale, the chief executive officer owned 302,606 shares of the company's stock, valued at $40,688,402.76. This trade represents a 2.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 30,000 shares of the firm's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $134.01, for a total value of $4,020,300.00. Following the sale, the chief financial officer directly owned 154,111 shares in the company, valued at approximately $20,652,415.11. This represents a 16.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 233,560 shares of company stock valued at $27,870,662 over the last 90 days. Insiders own 0.33% of the company's stock.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Nvidia strategic investment and partnership + potential Google co‑development and recent acquisition are primary drivers behind the stock’s big April gain — these validate Marvell as a custom AI‑chip and infrastructure supplier and support revenue/collaboration upside. Why Marvell Stock Soared 67% in April
• Positive Sentiment: Analysts and commentary highlight multiple hyperscaler/cloud design wins and the company’s role in the AI infrastructure “pivot away from GPUs,” reinforcing growth expectations and investor enthusiasm. Marvell Stock: A 16% Yield Trade With A 46% Margin of Safety
• Positive Sentiment: Coverage in market press and AI‑thematic pieces (Kalkine, Trefis, Motley Fool) is amplifying momentum, pushing investor flows into MRVL as part of the next leg of the AI trade. Marvell AI Momentum Puts Nasdaq Composite Index In Market Spotlight
• Neutral Sentiment: Marvell has scheduled its Q1 FY2027 earnings release and conference call for May 27 — management commentary and guidance will likely be the next major price catalyst (could confirm or temper current growth expectations). Marvell Technology, Inc. Announces Conference Call to Review First Quarter of Fiscal Year 2027 Financial Results
• Neutral Sentiment: Several analyst notes and valuation write‑ups point to strong buy interest but also warn valuations are rich after the run — important context for position sizing and volatility expectations. Why Marvell Technology (MRVL) Outpaced the Stock Market Today
• Negative Sentiment: COO Chris Koopmans sold 10,000 shares (~$1.63M) under a pre‑arranged Rule 10b5‑1 plan; while routine, insider sales can create short‑term selling pressure and raise investor questions about timing. Insider 10b5-1 Sale Filing

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.