SteelPeak Wealth LLC Has $13.56 Million Position in Marvell Technology, Inc. $MRVL

Key Points

• SteelPeak Wealth LLC trimmed its Marvell stake by 6.6%, selling 11,250 shares and now holds 159,608 shares valued at about $13.56 million, while institutional investors own roughly 83.5% of the stock.
• Analysts are largely bullish—Marvell has a consensus rating of "Moderate Buy" with a consensus target of $117.24 and multiple price‑target upgrades (e.g., RBC, Evercore, BofA)—and NVIDIA’s $2B NVLink Fusion tie‑up helped push MRVL to a one‑year high.
• Marvell beat Q4 estimates (EPS $0.80 vs. $0.79; revenue $2.22B, +22.1% y/y) and issued Q1 guidance of $0.740–0.840, but recent insider selling (about 97,268 shares in the last 90 days, including the CEO and EVP) and a small dividend (annualized $0.24, yield 0.2%) may temper near‑term sentiment.

SteelPeak Wealth LLC lowered its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 6.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 159,608 shares of the semiconductor company's stock after selling 11,250 shares during the period. SteelPeak Wealth LLC's holdings in Marvell Technology were worth $13,563,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Intech Investment Management LLC raised its position in shares of Marvell Technology by 3.9% in the 1st quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company's stock worth $1,772,000 after acquiring an additional 1,085 shares in the last quarter. Panagora Asset Management Inc. raised its position in shares of Marvell Technology by 22.3% during the second quarter. Panagora Asset Management Inc. now owns 7,825 shares of the semiconductor company's stock worth $606,000 after purchasing an additional 1,425 shares during the period. Beacon Pointe Advisors LLC lifted its stake in shares of Marvell Technology by 37.2% in the second quarter. Beacon Pointe Advisors LLC now owns 32,130 shares of the semiconductor company's stock valued at $2,487,000 after buying an additional 8,706 shares in the last quarter. CW Advisors LLC lifted its position in Marvell Technology by 11.5% in the 2nd quarter. CW Advisors LLC now owns 59,693 shares of the semiconductor company's stock valued at $4,620,000 after acquiring an additional 6,163 shares in the last quarter. Finally, 1832 Asset Management L.P. lifted its holdings in shares of Marvell Technology by 69.8% in the second quarter. 1832 Asset Management L.P. now owns 93,397 shares of the semiconductor company's stock valued at $7,229,000 after purchasing an additional 38,397 shares in the last quarter. 83.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MRVL has been the topic of several analyst reports. Royal Bank Of Canada boosted their price target on shares of Marvell Technology from $105.00 to $115.00 and gave the stock an "outperform" rating in a report on Monday, March 2nd. Evercore reiterated an "outperform" rating and set a $133.00 price target on shares of Marvell Technology in a research note on Wednesday, March 4th. Bank of America upgraded shares of Marvell Technology from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $90.00 to $110.00 in a research note on Friday, March 6th. Zacks Research raised shares of Marvell Technology from a "strong sell" rating to a "hold" rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft set a $120.00 target price on Marvell Technology in a research report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $117.24.

Marvell Technology Stock Performance

Shares of MRVL opened at $107.11 on Friday. Marvell Technology, Inc. has a 12-month low of $47.08 and a 12-month high of $107.84. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. The company has a market cap of $93.66 billion, a PE ratio of 34.78, a price-to-earnings-growth ratio of 0.97 and a beta of 1.83. The stock has a 50-day moving average price of $85.40 and a 200-day moving average price of $85.53.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.21 billion. During the same period in the prior year, the business earned $0.60 earnings per share. Marvell Technology's revenue for the quarter 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. As a group, equities analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

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

Insider Transactions at Marvell Technology

In other Marvell Technology news, CEO Matthew J. Murphy sold 30,000 shares of the firm's stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the sale, the chief executive officer owned 310,106 shares in the company, valued at $30,607,462.20. This trade represents a 8.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the sale, the executive vice president directly owned 4,023 shares of the company's stock, valued at approximately $430,501.23. This trade represents a 72.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 97,268 shares of company stock valued at $9,747,735. Insiders own 0.19% of the company's stock.

Marvell Technology News Roundup

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

• Positive Sentiment: NVIDIA’s $2 billion investment and NVLink Fusion partnership positions Marvell at the center of GPU-to-network AI fabric adoption, expanding addressable markets for Marvell’s XPUs, optical/connectivity and switch dies — a clear catalyst for revenue and cross‑sell into data center/AI RAN deals. Marvell Gets Nvidia’s $2B ‘Vote of Confidence’: Analysts Strike a Bullish Chord
• Positive Sentiment: Analyst upgrades and fresh buy coverage (including Erste and other broker lifts) have driven optimism and pushed MRVL to a new 1‑year high, supporting momentum and ETF/quant flows into the stock. Marvell Technology NASDAQ: MRVL Reaches New 1-Year High Following Analyst Upgrade
• Positive Sentiment: Analyst debate versus peers (Broadcom, etc.) highlights Marvell’s attractive AI/data‑center growth profile, reinforcing buy‑side interest from institutional desks. Broadcom (AVGO) or Marvell (MRVL)? Top Analyst Picks the Better Chip Stock
• Neutral Sentiment: Q4 results beat consensus and management set Q1 guidance in a constructive range — underpins the long‑term thesis but is less immediate than the Nvidia news for intraday moves. Marvell Technology (MRVL): Buy, Sell, or Hold Post Q4 Earnings?
• Neutral Sentiment: Zacks’ upgrade from “strong sell” to “hold” reduces negative bias but doesn’t add new buying conviction — a modest, non‑marketmoving data point. Zacks upgrade coverage
• Negative Sentiment: Insider selling: EVP Mark Casper disclosed large sales (~17,800 shares across April 1–2), which investors sometimes view as a cautionary signal on near‑term valuation or rotation — this can sap short‑term sentiment. SEC Form 4 filing (Mark Casper)
• Negative Sentiment: Macro/geopolitical headlines (e.g., recent Trump/Iran tensions) have pressured chip names broadly and can trigger episodic selloffs in MRVL despite company positives. Chip Stocks Fall After Trump Iran Warning

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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