ProShare Advisors LLC Raises Stock Holdings in Marvell Technology, Inc. $MRVL

ProShare Advisors LLC raised its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 43.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,450,382 shares of the semiconductor company’s stock after purchasing an additional 436,837 shares during the period. ProShare Advisors LLC’s holdings in Marvell Technology were worth $123,253,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC purchased a new stake in Marvell Technology in the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC purchased a new stake in shares of Marvell Technology in the fourth quarter valued at about $40,000. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Marvell Technology by 98.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock valued at $43,000 after buying an additional 244 shares during the last quarter. Strive Asset Management LLC purchased a new stake in shares of Marvell Technology in the third quarter valued at about $42,000. Finally, Avalon Trust Co raised its holdings in shares of Marvell Technology by 70.6% in the third quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 269 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Insider Transactions at Marvell Technology

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $110.24, for a total value of $1,102,400.00. Following the completion of the transaction, the chief operating officer owned 133,870 shares in the company, valued at approximately $14,757,828.80. This represents a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Casper sold 10,854 shares of the stock in a transaction on 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 completion of the transaction, the executive vice president owned 4,023 shares of the company’s stock, valued at $430,501.23. The trade was a 72.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 245,060 shares of company stock valued at $29,901,072 in the last three months. Insiders own 0.33% of the company’s stock.

Marvell Technology Trading Up 4.3%

NASDAQ MRVL opened at $176.27 on Wednesday. The stock has a market capitalization of $158.17 billion, a P/E ratio of 57.23, a P/E/G ratio of 1.41 and a beta of 2.25. Marvell Technology, Inc. has a 52-week low of $58.61 and a 52-week high of $192.15. The firm has a 50-day moving average price of $128.87 and a 200 day moving average price of $100.00. 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 Announces Dividend

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%.

Analyst Upgrades and Downgrades

MRVL has been the subject of a number of research reports. Cantor Fitzgerald upped their target price on shares of Marvell Technology from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Evercore reaffirmed an “outperform” rating and issued a $155.00 target price on shares of Marvell Technology in a report on Tuesday. Needham & Company LLC reduced their target price on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. B. Riley Financial reaffirmed a “buy” rating on shares of Marvell Technology in a report on Tuesday, May 12th. Finally, Oppenheimer upped their price target on Marvell Technology from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $135.97.

Key Marvell Technology News

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

• Positive Sentiment: Analysts continue to model long-term earnings growth for Marvell, with Zacks Research slightly raising several forward EPS estimates, which supports the view that AI-related demand can keep expanding. Marvell Technology analyst estimate updates
• Positive Sentiment: Investor interest remains tied to Marvell’s AI networking and optical interconnect strategy, with recent commentary pointing to stronger growth expectations in data-center infrastructure. Marvell Leans Into Optical Networking As AI Growth And Valuation Questions Build
• Positive Sentiment: Longer-term bullish articles continue to frame Marvell as a major beneficiary of AI capex, reinforcing the stock’s strong multi-month momentum. Marvell (MRVL) More than Doubled This Year. The AI Opportunity Still Looks Bigger
• Neutral Sentiment: Some market commentary suggests Marvell can still move higher alongside semiconductor momentum, but this has not yet changed the valuation debate. What’s Going On With Marvell Stock Monday?
• Negative Sentiment: Recent trading showed MRVL underperforming the broader market, indicating near-term selling pressure after a steep rally. Marvell Technology (MRVL) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Insider selling, including CFO Willem Meintjes selling 4,000 shares under a pre-arranged trading plan, may add to caution even though the sale was not unusual. Marvell Technology insider sale details
• Negative Sentiment: One recent note argued that Marvell’s huge AI-driven run has already priced in much of the upside, which is fueling valuation concerns. Marvell Price Prediction. The Stock Is Up 179% in a Year and Our Model Says the Easy Money Is Gone

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.