Marvell Technology, Inc. $MRVL Shares Sold by Bokf Na

Bokf Na cut its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 36.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 11,254 shares of the semiconductor company’s stock after selling 6,562 shares during the period. Bokf Na’s holdings in Marvell Technology were worth $956,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of MRVL. Vanguard Group Inc. grew 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 worth $6,692,830,000 after purchasing an additional 15,166,976 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Marvell Technology by 59.7% during the third quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock worth $1,397,751,000 after purchasing an additional 6,217,952 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Marvell Technology by 47.0% during the third quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company’s stock worth $1,000,689,000 after purchasing an additional 3,805,431 shares in the last quarter. Rafferty Asset Management LLC grew its stake in shares of Marvell Technology by 111.0% during the second quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company’s stock worth $449,722,000 after purchasing an additional 3,056,808 shares in the last quarter. Finally, Westfield Capital Management Co. LP acquired a new position in shares of Marvell Technology during the third quarter worth $219,587,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Trading Up 6.3%

NASDAQ MRVL opened at $170.13 on Friday. The stock has a market capitalization of $148.77 billion, a P/E ratio of 55.24, a P/E/G ratio of 1.45 and a beta of 2.25. Marvell Technology, Inc. has a 52-week low of $58.61 and a 52-week high of $175.80. The firm has a 50-day moving average price of $113.98 and a 200 day moving average price of $95.05. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Equities research analysts expect that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Friday, April 10th. 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: Erste Group raised its FY2028 earnings estimate for Marvell and reiterated a Buy rating, signaling continued confidence in the company’s longer-term earnings power and AI-related growth prospects.
• Positive Sentiment: Investor interest remains strong as Marvell’s AI-driven data center business and NVIDIA partnership continue to fuel optimism around custom AI silicon demand.
• Positive Sentiment: The stock’s rally has been supported by a broader rotation back into AI infrastructure names, which has lifted sentiment across the semiconductor group. How Marvell Stock Surges To $400
• Neutral Sentiment: Several recent articles frame Marvell as a heavily searched and widely discussed stock, reflecting strong investor attention rather than a single material company event.
• Negative Sentiment: Some commentary says the shares may be getting ahead of fundamentals after a parabolic move, with valuation concerns, insider selling, and analyst price targets implying downside from recent highs. Marvell Technology (MRVL) Stock Plunges 7% — Is Now the Time to Buy?

Insider Activity at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 10,854 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the transaction, the executive vice president directly owned 4,023 shares in the company, valued at approximately $430,501.23. This represents a 72.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $110.24, for a total transaction of $1,102,400.00. Following the transaction, the chief operating officer owned 133,870 shares in the company, valued at $14,757,828.80. The trade was a 6.95% 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. Insiders sold a total of 233,560 shares of company stock valued at $27,870,662 in the last ninety days. Company insiders own 0.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MRVL. B. Riley Financial boosted their target price on shares of Marvell Technology from $135.00 to $156.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft set a $120.00 target price on shares of Marvell Technology in a research note on Tuesday, February 10th. Susquehanna restated a “positive” rating on shares of Marvell Technology in a research note on Tuesday, February 24th. Barclays upgraded shares of Marvell Technology from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $105.00 to $150.00 in a research note on Thursday, April 9th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $170.00 target price on shares of Marvell Technology in a research report on Tuesday, April 21st. 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $125.00.

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.