TD Private Client Wealth LLC Lowers Holdings in Marvell Technology, Inc. $MRVL

TD Private Client Wealth LLC cut its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 37.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,723 shares of the semiconductor company’s stock after selling 7,708 shares during the quarter. TD Private Client Wealth LLC’s holdings in Marvell Technology were worth $1,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Marvell Technology by 23.5% during the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock valued at $6,692,830,000 after buying an additional 15,166,976 shares in the last quarter. State Street Corp raised its position in shares of Marvell Technology by 2.8% during the 3rd quarter. State Street Corp now owns 21,157,092 shares of the semiconductor company’s stock valued at $1,778,677,000 after buying an additional 583,832 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Marvell Technology by 59.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock valued at $1,397,751,000 after buying an additional 6,217,952 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Marvell Technology by 47.0% during the 3rd quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company’s stock valued at $1,000,689,000 after buying an additional 3,805,431 shares in the last quarter. Finally, Van ECK Associates Corp raised its position in shares of Marvell Technology by 12.1% during the 3rd quarter. Van ECK Associates Corp now owns 8,857,199 shares of the semiconductor company’s stock valued at $744,624,000 after buying an additional 958,542 shares in the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MRVL has been the topic of several research reports. B. Riley Financial restated a “buy” rating on shares of Marvell Technology in a research report on Tuesday, May 12th. Morgan Stanley raised their price objective on shares of Marvell Technology from $95.00 to $103.00 and gave the company an “equal weight” rating in a research report on Friday, March 6th. Oppenheimer raised their price objective on shares of Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday. Needham & Company LLC lowered their price objective on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a research report on Tuesday, February 3rd. Finally, Susquehanna restated a “positive” rating on shares of Marvell Technology in a research report on Tuesday, February 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Marvell Technology has an average rating of “Moderate Buy” and a consensus price target of $138.70.

Insider Activity at Marvell Technology

In related news, CFO Willem A. Meintjes sold 30,000 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total transaction of $4,020,300.00. Following the transaction, the chief financial officer owned 154,111 shares of the company’s stock, valued at approximately $20,652,415.11. This trade represents a 16.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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, EVP Mark Casper sold 10,854 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the completion of the sale, the executive vice president directly owned 4,023 shares in the company, 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. Insiders have sold 245,060 shares of company stock worth $29,901,072 in the last 90 days. Corporate insiders own 0.19% of the company’s stock.

Marvell Technology Price Performance

MRVL stock opened at $186.80 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. Marvell Technology, Inc. has a 52 week low of $58.61 and a 52 week high of $193.32. The firm’s fifty day moving average is $130.75 and its 200 day moving average is $100.69. The firm has a market cap of $167.62 billion, a P/E ratio of 60.65, a P/E/G ratio of 1.47 and a beta of 2.25.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, beating 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 analyst estimates of $2.21 billion. During the same quarter last year, the firm earned $0.60 EPS. The firm’s quarterly revenue 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. Research analysts predict that Marvell Technology, Inc. will post 3.04 earnings per share for the current year.

Marvell Technology Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is currently 7.79%.

Marvell Technology News Summary

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

• Positive Sentiment: Wells Fargo sharply raised its price target on Marvell to $195 from $135 and reiterated an Overweight rating, citing “significant AWS Trainium expansion ahead” and growing custom silicon momentum. Marvell Price Target Vaults to $195 at Wells Fargo on AWS Trainium and Custom Silicon Momentum
• Positive Sentiment: Evercore ISI also lifted its target to $155 from $133 and kept an Outperform rating, pointing to rising AI infrastructure demand and Marvell’s exposure to data center spending. Evercore ISI Raises Marvell Technology (MRVL) Price Target on Rising AI Infrastructure Demand
• Positive Sentiment: Several other firms also increased price targets, with commentary focused on AI chip demand, cloud deployments, optical connectivity, and custom AI processor opportunities, adding to the bullish momentum around the stock. Why Is Marvell Stock Gaining Wednesday?
• Neutral Sentiment: Recent discussion also highlighted Marvell’s growing role in AI silicon partnerships and data center optics, but some traders remain cautious that much of the near-term optimism may already be reflected in the valuation. Marvell Technology Stock (MRVL) Opinions on Analyst Upgrades and AI Silicon Partnerships
• Negative Sentiment: One potential headwind is insider selling, including a recent CFO share sale, which can temper enthusiasm even though the transaction was pre-planned. Insider Selling: Marvell Technology (NASDAQ:MRVL) CFO Sells 4,000 Shares of Stock

Marvell Technology Company Profile

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.