Thompson Investment Management Inc. Has $2.72 Million Stock Position in Marvell Technology, Inc. $MRVL

Key Points

• Thompson Investment Management cut its Marvell Technology position by 73.8% during the second quarter, selling 25,700 shares and retaining 9,140 shares valued at approximately $2.72 million.
• Marvell reported quarterly revenue of $2.42 billion, up 27.6% year over year, and earnings of $0.80 per share, in line with analyst estimates. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $245.94.
• AI-related growth opportunities remain a key catalyst, but valuation and volatility are significant risks. The stock trades at a high price-to-earnings ratio, has pulled back sharply from its 52-week high, and insiders have sold shares under pre-arranged trading plans.

Thompson Investment Management Inc. trimmed its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 73.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,140 shares of the semiconductor company's stock after selling 25,700 shares during the period. Thompson Investment Management Inc.'s holdings in Marvell Technology were worth $2,723,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Arlington Trust Co LLC increased its stake in shares of Marvell Technology by 24.1% in the 2nd quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company's stock valued at $80,000 after purchasing an additional 52 shares during the last quarter. GoalVest Advisory LLC lifted its position in shares of Marvell Technology by 26.0% during the 2nd quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company's stock worth $94,000 after buying an additional 65 shares during the last quarter. Mayflower Financial Advisors LLC boosted its stake in Marvell Technology by 1.7% in the first quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company's stock valued at $407,000 after buying an additional 68 shares in the last quarter. Bell Investment Advisors Inc boosted its stake in Marvell Technology by 12.9% in the first quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company's stock valued at $62,000 after buying an additional 72 shares in the last quarter. Finally, World Equity Group Inc. grew its position in Marvell Technology by 2.1% in the first quarter. World Equity Group Inc. now owns 3,919 shares of the semiconductor company's stock valued at $388,000 after acquiring an additional 80 shares during the last quarter. 83.51% of the stock is owned by institutional investors.

Marvell Technology Trading Up 2.2%

Shares of MRVL stock opened at $217.08 on Thursday. The stock has a market cap of $189.90 billion, a price-to-earnings ratio of 74.34, a PEG ratio of 1.33 and a beta of 2.24. The stock has a 50-day moving average of $240.31 and a 200-day moving average of $164.28. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $329.88.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last posted 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 company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same period in the previous year, the firm earned $0.62 earnings per share. The firm's quarterly 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. On average, equities research analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology's dividend payout ratio is currently 8.22%.

Wall Street Analysts Forecast Growth

MRVL has been the topic of a number of research analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of Marvell Technology in a research report on Wednesday, June 24th. Compass Point set a $190.00 price target on Marvell Technology in a research note on Tuesday, May 26th. Loop Capital raised Marvell Technology to a "strong-buy" rating in a report on Tuesday, June 16th. Scotiabank began coverage on Marvell Technology in a report on Tuesday, May 26th. They issued an "outperform" rating for the company. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $360.00 price target on shares of Marvell Technology in a research note on Tuesday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $245.94.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: AI demand and analyst optimism supported the rebound. Investors are responding to strong demand for custom AI chips, networking and data-center connectivity products. Recent coverage highlighted bullish analyst upgrades and Marvell’s Bravera SC6, Structera X and Photonic Fabric technologies. Marvell Technology Stock Jumps 5%—What’s Fueling the AI Rally?
• Positive Sentiment: NVIDIA and Microsoft opportunities could expand Marvell’s addressable market. Marvell’s expanded NVIDIA relationship and reported $2 billion investment could strengthen its position against Broadcom and Astera Labs. Microsoft’s planned expansion of custom AI silicon may also create additional demand for Marvell’s design and connectivity solutions. Can MRVL’s NVIDIA Alliance Help It Challenge ALAB and AVGO?
• Positive Sentiment: India investment signals long-term capacity expansion. Marvell plans to invest $250 million in India over three years, roughly double its local workforce and expand facilities supporting semiconductor, AI and cloud-related research. The initiative could improve engineering capacity and customer support, although benefits are likely longer term. Why Is Marvell Technology Investing $250 Million in India Now?
• Neutral Sentiment: Investors are positioning ahead of earnings. Quantitative analysis suggests MRVL could see a short-term bounce before its upcoming quarterly report. The results and forward guidance will be important tests of whether AI-related optimism is translating into sustained revenue and profit growth. Marvell Technology Stock Might Offer a Quick Bounce Before Earnings
• Negative Sentiment: The stock’s sharp pullback highlights volatility and valuation risk. MRVL has fallen substantially from its approximately $329 peak, following a broader selloff in high-growth semiconductor stocks. With a high earnings multiple and shares still far above year-ago levels, investors may demand strong execution and guidance to justify the valuation. Marvell Technology Stock: What’s Next for This Nvidia-Backed Giant?

Insider Activity

In other news, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the completion of the sale, 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 transaction was disclosed in a filing with the SEC, which is available through 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 Marvell Technology stock in a transaction on Friday, May 15th. The stock was sold at an average price of $175.24, for a total transaction of $700,960.00. Following the transaction, the chief financial officer directly owned 226,675 shares of the company's stock, valued at $39,722,527. This represents a 1.73% 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. In the last 90 days, insiders sold 38,481 shares of company stock valued at $8,683,492. Company insiders own 0.12% of the company's stock.

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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