Zevenbergen Capital Investments LLC Takes $26.71 Million Position in Marvell Technology, Inc. $MRVL

Key Points

• Zevenbergen Capital Investments acquired 89,657 Marvell shares worth approximately $26.71 million, while institutional investors collectively own 83.51% of the company.
• Analysts remain broadly optimistic, with Marvell receiving a “Moderate Buy” consensus rating and an average price target of $245.94; several firms recently raised their targets.
• Marvell reported quarterly revenue of $2.42 billion, up 27.6% year over year, while insiders sold $7.98 million worth of shares over the past 90 days. The company also pays a quarterly dividend of $0.06 per share.

Zevenbergen Capital Investments LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 89,657 shares of the semiconductor company's stock, valued at approximately $26,708,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Arlington Trust Co LLC boosted its position in Marvell Technology by 24.1% in the second quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company's stock valued at $80,000 after buying an additional 52 shares in the last quarter. GoalVest Advisory LLC increased its holdings in shares of Marvell Technology by 26.0% during the second quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company's stock worth $94,000 after buying an additional 65 shares in the last quarter. Mayflower Financial Advisors LLC increased its holdings in shares of Marvell Technology by 1.7% during the first quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company's stock worth $407,000 after buying an additional 68 shares in the last quarter. Bell Investment Advisors Inc raised its stake in shares of 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 acquiring an additional 72 shares during the last quarter. Finally, World Equity Group Inc. raised its stake in shares of 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.

Insider Activity at Marvell Technology

In related news, CFO Daniel Durn sold 2,250 shares of the business's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total transaction of $632,272.50. Following the completion of the transaction, the chief financial officer owned 6,902 shares in the company, valued at approximately $1,939,531.02. The trade was a 24.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Sandeep Bharathi sold 2,231 shares of the company's stock in a transaction that occurred 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 of the company's stock, valued at $16,610,688.90. The trade was a 3.86% 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 34,481 shares of company stock worth $7,982,532 in the last ninety days. Company insiders own 0.12% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on MRVL. Morgan Stanley increased their price target on Marvell Technology from $172.00 to $195.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 28th. B. Riley Financial lifted their price objective on Marvell Technology from $240.00 to $345.00 and gave the company a "buy" rating in a research report on Friday, June 12th. Barclays boosted their price objective on Marvell Technology from $150.00 to $275.00 and gave the stock an "overweight" rating in a research note on Thursday, May 28th. JPMorgan Chase & Co. increased their target price on Marvell Technology from $135.00 to $240.00 and gave the stock an "overweight" rating in a report on Thursday, May 28th. Finally, Evercore restated an "outperform" rating and issued a $155.00 target price on shares of Marvell Technology in a research note on Tuesday, May 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Marvell Technology has an average rating of "Moderate Buy" and an average price target of $245.94.

Marvell Technology Stock Down 0.1%

Shares of Marvell Technology stock opened at $222.02 on Friday. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 12 month low of $61.44 and a 12 month high of $329.88. The business has a fifty day simple moving average of $237.59 and a 200 day simple moving average of $165.67. The stock has a market cap of $194.22 billion, a PE ratio of 76.03, a price-to-earnings-growth ratio of 1.39 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts' consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The firm's 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. Research analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Announces Dividend

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

Trending Headlines about Marvell Technology

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

• Positive Sentiment: AI data-center demand supports the long-term outlook. Analysts and investors continue to highlight Marvell’s custom chips, optical networking, memory interconnects and high-speed data-movement products as key beneficiaries of expanding AI clusters. Management has also raised its long-term data-center growth outlook. Down 37% From Its Highs, Is Marvell Technology Stock a Buy on the Dip?
• Positive Sentiment: Wall Street price targets imply additional upside. Goldman Sachs has expressed a preference between Marvell and Nvidia ahead of earnings, while another report said Goldman analyst James Schneider raised Marvell’s 12-month price target. The broader analyst range remains bullish, with a reported median target of $250 and several targets between $300 and $385. Wall Street sets Marvell stock price for the next 12 months
• Positive Sentiment: Nvidia’s $2 billion investment remains a strategic vote of confidence. The investment strengthens Marvell’s profile as an AI-chip and infrastructure partner and is supporting comparisons between the two companies ahead of their earnings reports. NVIDIA Invested $2 Billion in Marvell
• Neutral Sentiment: Upcoming earnings are the immediate catalyst. Marvell’s latest quarter delivered $2.42 billion in revenue, up 27.6% year over year, and adjusted EPS in line with expectations. Investors will look for evidence that AI-related growth can justify the stock’s elevated valuation.
• Negative Sentiment: Insider selling may temper sentiment. QuiverQuant reported 21 insider sales and no purchases during the past six months, including sales by senior executives and the CEO. This does not necessarily signal weakening fundamentals, but it can raise caution after a major share-price advance. Marvell Technology Stock Opinions on AI Infrastructure Expansion

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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