QRG Capital Management Inc. Acquires 13,462 Shares of Marvell Technology, Inc. $MRVL

Key Points

• QRG Capital Management boosted its stake in Marvell by 16.9% in Q4, buying 13,462 shares to hold 92,898 shares worth about $7.89 million.
• Marvell's rally is being driven by AI-related catalysts — including a strategic Nvidia investment/partnership, potential Google co‑development and an acquisition — helping push analyst sentiment to a "Moderate Buy" consensus with a $125 price target.
• Insiders have sold 233,560 shares worth $27.87 million in the past three months (insider ownership 0.33%), even as institutional investors own roughly 83.5% of the stock.

QRG Capital Management Inc. boosted its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 16.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 92,898 shares of the semiconductor company's stock after acquiring an additional 13,462 shares during the quarter. QRG Capital Management Inc.'s holdings in Marvell Technology were worth $7,894,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. boosted 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 valued at $6,692,830,000 after purchasing an additional 15,166,976 shares during the period. State Street Corp grew its holdings in shares of Marvell Technology by 2.8% in the third quarter. State Street Corp now owns 21,157,092 shares of the semiconductor company's stock worth $1,778,677,000 after purchasing an additional 583,832 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Marvell Technology by 59.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company's stock worth $1,397,751,000 after buying an additional 6,217,952 shares during the period. Franklin Resources Inc. increased its stake in Marvell Technology by 47.0% in the 3rd quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company's stock worth $1,000,689,000 after buying an additional 3,805,431 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in Marvell Technology by 12.1% during the 3rd quarter. Van ECK Associates Corp now owns 8,857,199 shares of the semiconductor company's stock valued at $744,624,000 after buying an additional 958,542 shares in the last quarter. Institutional investors own 83.51% of the company's stock.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 10,000 shares of the stock in a transaction on Friday, April 17th. The stock was sold at an average price of $135.50, for a total transaction of $1,355,000.00. Following the sale, the executive vice president owned 35,878 shares of the company's stock, valued at approximately $4,861,469. This trade represents a 21.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $130.35, for a total value of $8,719,372.20. Following the completion of the transaction, the insider owned 55,199 shares in the company, valued at $7,195,189.65. This represents a 54.79% decrease in their ownership of the stock. 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. In the last three months, insiders have sold 233,560 shares of company stock worth $27,870,662. 0.33% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MRVL has been the subject of several research reports. Deutsche Bank Aktiengesellschaft set a $120.00 price objective on shares of Marvell Technology in a research report on Tuesday, February 10th. KGI Securities raised shares of Marvell Technology from a "neutral" rating to an "outperform" rating and set a $110.00 target price on the stock in a research report on Friday, March 6th. Raymond James Financial reiterated a "strong-buy" rating on shares of Marvell Technology in a report on Tuesday, January 6th. B. Riley Financial increased their price objective on Marvell Technology from $135.00 to $156.00 and gave the stock a "buy" rating in a research note on Monday, April 13th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Marvell Technology in a report on Friday, March 27th. Two investment 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's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $125.00.

Marvell Technology Trading Up 3.2%

NASDAQ MRVL opened at $168.82 on Wednesday. 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 company has a market capitalization of $147.62 billion, a price-to-earnings ratio of 54.81, a price-to-earnings-growth ratio of 1.48 and a beta of 2.25. The company's 50-day simple moving average is $110.46 and its two-hundred day simple 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 announced its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The firm had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.21 billion. During the same quarter in the prior year, the company earned $0.60 EPS. The company's revenue was up 22.1% compared to the same quarter last year. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Equities analysts forecast that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

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

Key Headlines Impacting 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

Marvell Technology 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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