PFG Investments LLC Reduces Position in Marvell Technology, Inc. $MRVL

Key Points

• PFG Investments trimmed its Marvell stake by 34.6% in Q4, selling 9,878 shares and now holding 18,685 shares valued at $1.588 million.
• Insider selling accelerated recently—EVP Mark Casper and Sandeep Bharathi sold 6,900 and 66,892 shares respectively, with insiders selling 206,060 shares (~$23.88M) in the last quarter and now owning just 0.19% of the stock.
• Nvidia committed $2 billion and expanded its collaboration with Marvell around the NVLink Fusion AI interconnect, prompting analyst upgrades and a >150% YTD rally, though some warn valuation and profit‑taking risks remain.

PFG Investments LLC trimmed its position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 34.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,685 shares of the semiconductor company's stock after selling 9,878 shares during the period. PFG Investments LLC's holdings in Marvell Technology were worth $1,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ellsworth Advisors LLC purchased a new position in Marvell Technology during the 3rd quarter worth approximately $5,864,000. Vanguard Group Inc. boosted its holdings in shares of Marvell Technology by 23.5% in the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company's stock valued at $6,692,830,000 after acquiring an additional 15,166,976 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of Marvell Technology by 1,292.1% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 389,809 shares of the semiconductor company's stock valued at $32,656,000 after acquiring an additional 361,807 shares during the last quarter. Triasima Portfolio Management inc. acquired a new stake in shares of Marvell Technology in the third quarter worth $1,426,000. Finally, Robeco Schweiz AG raised its holdings in shares of Marvell Technology by 1.4% during the third quarter. Robeco Schweiz AG now owns 973,765 shares of the semiconductor company's stock worth $81,864,000 after purchasing an additional 12,977 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company's stock.

Insider Activity at Marvell Technology

In other news, EVP Mark Casper sold 6,900 shares of Marvell Technology stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $109.45, for a total value of $755,205.00. Following the sale, the executive vice president directly owned 10,263 shares of the company's stock, valued at $1,123,285.35. The trade was a 40.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Sandeep Bharathi sold 66,892 shares of the business's stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the sale, the insider owned 55,199 shares of the company's stock, valued at $7,195,189.65. The trade was a 54.79% 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 206,060 shares of company stock worth $23,879,612 in the last quarter. Corporate insiders own 0.19% of the company's stock.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $133.37 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. The firm has a fifty day moving average of $93.48 and a 200 day moving average of $88.51. The firm has a market cap of $116.63 billion, a PE ratio of 43.30, a PEG ratio of 1.22 and a beta of 1.83. Marvell Technology, Inc. has a one year low of $48.09 and a one year high of $138.19.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its earnings results 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 business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The company's revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, research analysts predict that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 10th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, April 10th. Marvell Technology's payout ratio is presently 7.79%.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Major strategic partnership and capital infusion — Nvidia agreed to invest $2 billion and expand collaboration with Marvell around the NVLink Fusion AI interconnect ecosystem; Marvell is also working with Microsoft and Amazon on custom AI chips, placing it at the center of hyperscaler AI infrastructure demand. Marvell's AI Role Expands As Nvidia Joins Microsoft And Amazon
• Positive Sentiment: Wall Street momentum — several firms have lifted ratings/targets (Oppenheimer, Stifel, B. Riley and others), citing accelerating AI data-center demand and Marvell’s growing role supplying interconnect and custom chip technology; these upgrades have supported the recent multi‑week price surge. Marvell (MRVL) Stock Surges 22% as Wall Street Raises Price Targets on AI Chip Growth Stifel Raises Marvell’s Target to $140
• Neutral Sentiment: Sector-wide AI strength — peer rallies (e.g., AMD, Nvidia) boost sentiment for AI-levered chip names and likely contributed to inflows into MRVL as investors chase AI exposure. AMD Stock Hits All-Time High in Longest Winning Streak Since 2005. Can It Keep It Going?
• Neutral Sentiment: Industry visibility events — COMPUTEX and keynote appearances (including Marvell) could keep the company in the spotlight and help surface new partner or product news over the coming months. Registration for Keynotes Now Open! Largest-ever COMPUTEX Forum
• Negative Sentiment: Bearish analyst note/downgrade — some research (Seeking Alpha piece) warns the rally may be “hasty” and that Marvell could be slower in parts of the AI race, prompting a downgrade to Hold and sowing caution among momentum traders. Marvell: Slower To AI Race, Hasty Rally - Downgrade To Hold
• Negative Sentiment: Valuation concerns and profit‑taking risk — several articles question whether recent gains (150%+ YTD) already price in perfection, increasing the risk of pullbacks if growth or execution disappoints. Is It Too Late To Consider Marvell Technology (MRVL) After Its 160% One-Year Surge?

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MRVL shares. UBS Group boosted their target price on shares of Marvell Technology from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Monday, February 23rd. Wall Street Zen lowered Marvell Technology from a "buy" rating to a "hold" rating in a research note on Sunday, March 15th. Stifel Nicolaus boosted their price objective on Marvell Technology from $120.00 to $140.00 and gave the company a "buy" rating in a report on Thursday. Cantor Fitzgerald upped their target price on Marvell Technology from $100.00 to $120.00 and gave the stock a "neutral" rating in a research note on Thursday, April 9th. Finally, JPMorgan Chase & Co. raised their target price on Marvell Technology from $130.00 to $135.00 and gave the stock an "overweight" rating in a report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, Marvell Technology has a consensus rating of "Moderate Buy" and a consensus price target of $121.06.

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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