William Blair Investment Management LLC Has $9.21 Million Holdings in Marvell Technology, Inc. $MRVL

William Blair Investment Management LLC increased its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 480.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,429 shares of the semiconductor company’s stock after acquiring an additional 89,755 shares during the quarter. William Blair Investment Management LLC’s holdings in Marvell Technology were worth $9,214,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MRVL. Laurel Wealth Advisors LLC acquired a new stake in shares of Marvell Technology in the fourth quarter valued at about $25,000. Elyxium Wealth LLC bought a new position in shares of Marvell Technology in the fourth quarter worth about $40,000. Strive Asset Management LLC acquired a new position in shares of Marvell Technology during the 3rd quarter worth about $42,000. Whittier Trust Co. of Nevada Inc. boosted its stake in Marvell Technology by 98.0% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 244 shares during the period. Finally, Avalon Trust Co boosted its stake in Marvell Technology by 70.6% during the 3rd quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock valued at $55,000 after purchasing an additional 269 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

More Marvell Technology News

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

• Positive Sentiment: HSBC upgraded Marvell and lifted its price target sharply, citing strength in AI networking and the broader “AI-networking super-cycle,” while other firms including Oppenheimer, Citi, Stifel and Cantor Fitzgerald also raised targets ahead of earnings. Article Title
• Positive Sentiment: Investors are betting Marvell will deliver another beat-and-raise quarter, with analysts expecting earnings to improve from last year and revenue growth to stay strong in data center and AI-related chips. Article Title
• Positive Sentiment: Broader market sentiment is also helping, as chip stocks are benefiting from AI enthusiasm and lower bond yields, which is supporting futures and risk appetite ahead of Marvell’s report. Article Title

Analysts Set New Price Targets

Several research analysts have commented on the company. Bank of America lifted their price target on Marvell Technology from $125.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. increased their price objective on Marvell Technology from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Scotiabank began coverage on shares of Marvell Technology in a research note on Tuesday. They issued an “outperform” rating on the stock. Rosenblatt Securities boosted their target price on shares of Marvell Technology from $115.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Finally, Morgan Stanley upped their target price on shares of Marvell Technology from $103.00 to $172.00 and gave the company an “equal weight” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $158.76.

Insider Activity at Marvell Technology

In related news, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total value of $1,329,450.00. Following the transaction, the chief executive officer directly owned 739,397 shares in the company, valued at $131,065,512.22. This represents a 1.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Willem A. Meintjes sold 4,000 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $175.24, for a total value of $700,960.00. Following the completion of the transaction, the chief financial officer directly owned 226,675 shares in the company, valued at approximately $39,722,527. This trade represents a 1.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 245,060 shares of company stock valued at $29,901,072 over the last quarter. 0.19% of the stock is currently owned by corporate insiders.

Marvell Technology Price Performance

Shares of Marvell Technology stock opened at $208.26 on Wednesday. The firm’s 50-day moving average price is $139.40 and its two-hundred day moving average price is $103.70. Marvell Technology, Inc. has a 1-year low of $58.61 and a 1-year high of $217.45. The stock has a market capitalization of $186.88 billion, a price-to-earnings ratio of 67.62, a P/E/G ratio of 1.64 and a beta of 2.25. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter in the previous year, the company posted $0.60 EPS. The business’s revenue for the quarter 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. On average, equities analysts predict that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is currently 7.79%.

Marvell Technology 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.