Transatlantique Private Wealth LLC Raises Holdings in Marvell Technology, Inc. $MRVL

Transatlantique Private Wealth LLC boosted its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 44.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,218 shares of the semiconductor company’s stock after purchasing an additional 1,926 shares during the quarter. Transatlantique Private Wealth LLC’s holdings in Marvell Technology were worth $511,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Marvell Technology by 23.5% in the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock valued at $6,692,830,000 after purchasing an additional 15,166,976 shares during the last quarter. Norges Bank purchased a new position in Marvell Technology in the fourth quarter valued at about $895,455,000. Ameriprise Financial Inc. boosted its holdings in Marvell Technology by 59.7% in the third quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock valued at $1,397,751,000 after purchasing an additional 6,217,952 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Marvell Technology by 47.0% in the third quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company’s stock valued at $1,000,689,000 after purchasing an additional 3,805,431 shares during the last quarter. Finally, Rafferty Asset Management LLC boosted its holdings in Marvell Technology by 111.0% in the second quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company’s stock valued at $449,722,000 after purchasing an additional 3,056,808 shares during the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Wall Street Analysts Forecast Growth

MRVL has been the subject of a number of analyst reports. Wells Fargo & Company increased their price target on Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. The Goldman Sachs Group set a $180.00 price target on Marvell Technology in a report on Thursday, May 28th. Needham & Company LLC increased their price target on Marvell Technology from $118.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Roth Mkm increased their target price on Marvell Technology from $135.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Finally, TD Cowen increased their target price on Marvell Technology from $180.00 to $200.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $218.58.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Nvidia CEO Jensen Huang’s public praise has become the biggest catalyst, reinforcing Marvell’s role in AI networking, custom silicon, and optical interconnects and sparking continued buying. Stock Market Today, June 2: Marvell Technology Surges After Nvidia CEO Highlights AI Infrastructure Role
• Positive Sentiment: Investors are also encouraged by Marvell’s underlying AI growth story, including strong data-center demand, record bookings, and accelerating revenue growth that suggest the rally is not only hype. MRVL Stock Soars as Investors Embrace Its AI Growth Story
• Positive Sentiment: Analyst optimism and higher price targets are adding fuel, with some coverage pointing to strong revenue growth expectations tied to Marvell’s AI switch and custom chip opportunities. Why Marvell Technology Bumped Higher Again on Wednesday
• Neutral Sentiment: Some market commentary says the stock is now overbought after its explosive run, so investors may be watching for a pause or consolidation even though the longer-term AI trend remains bullish. Why Is Marvell Technology Stock Falling Thursday?
• Negative Sentiment: Broader semiconductor weakness after Broadcom’s disappointing outlook has also created short-term pressure on chip stocks, which could temper MRVL’s momentum if AI enthusiasm cools. Micron, Marvell, and Broadcom lead chipmakers’ premarket losses

Insider Activity

In related news, insider Sandeep Bharathi sold 66,892 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the transaction, the insider directly owned 55,199 shares of the company’s stock, valued at approximately $7,195,189.65. The trade was a 54.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 business’s stock in a transaction dated Thursday, April 2nd. The shares were 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 in the company, valued at $430,501.23. This trade represents a 72.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 255,060 shares of company stock valued at $31,959,772 in the last ninety days. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Stock Up 4.9%

Shares of Marvell Technology stock opened at $316.43 on Friday. The business’s fifty day moving average price is $161.54 and its two-hundred day moving average price is $111.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. The company has a market capitalization of $276.81 billion, a P/E ratio of 108.37, a PEG ratio of 1.99 and a beta of 2.29. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $324.20.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same period last year, the firm earned $0.62 EPS. The firm’s revenue for the quarter was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts forecast that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were given 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 payout ratio is presently 8.22%.

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.