Swedbank AB boosted its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 2.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,189,551 shares of the semiconductor company’s stock after buying an additional 85,816 shares during the quarter. Swedbank AB’s holdings in Marvell Technology were worth $315,925,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Focused Wealth Management Inc acquired a new position in Marvell Technology during the first quarter valued at $608,000. Wilson Asset Management International PTY Ltd. grew its position in Marvell Technology by 20.4% during the 4th quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock worth $11,442,000 after purchasing an additional 22,837 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Marvell Technology by 49.7% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company’s stock valued at $27,105,000 after buying an additional 90,800 shares during the last quarter. Varma Mutual Pension Insurance Co raised its stake in shares of Marvell Technology by 25.4% during the 4th quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock valued at $13,477,000 after buying an additional 32,130 shares during the last quarter. Finally, Lombard Odier Asset Management USA Corp lifted its holdings in shares of Marvell Technology by 60.5% in the 3rd quarter. Lombard Odier Asset Management USA Corp now owns 32,032 shares of the semiconductor company’s stock valued at $2,693,000 after buying an additional 12,076 shares during the period. 83.51% of the stock is currently owned by institutional investors and hedge funds.
Marvell Technology Price Performance
Shares of Marvell Technology stock traded down $23.04 on Tuesday, hitting $226.23. The company’s stock had a trading volume of 14,872,564 shares, compared to its average volume of 30,271,363. The company has a market capitalization of $197.91 billion, a price-to-earnings ratio of 77.48, a price-to-earnings-growth ratio of 1.61 and a beta of 2.20. Marvell Technology, Inc. has a 1 year low of $61.44 and a 1 year high of $329.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The firm has a fifty day moving average price of $230.60 and a 200-day moving average price of $141.09.
Marvell Technology Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is currently 8.22%.
Insider Transactions at Marvell Technology
In other Marvell Technology news, 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 transaction of $700,960.00. Following the transaction, the chief financial officer directly owned 226,675 shares of the company’s stock, valued at $39,722,527. This trade represents a 1.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the completion of the sale, the insider owned 55,530 shares in the company, valued at approximately $16,610,688.90. This trade represents a 3.86% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 160,373 shares of company stock worth $24,938,664 in the last ninety days. Company insiders own 0.12% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on MRVL. KeyCorp upped their target price on Marvell Technology from $260.00 to $385.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Benchmark boosted their price target on Marvell Technology from $130.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, May 28th. TD Cowen upped their price objective on Marvell Technology from $180.00 to $200.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $240.00 price objective on shares of Marvell Technology in a research note on Friday, June 12th. Finally, Melius Research set a $220.00 target price on shares of Marvell Technology in a report on Monday, May 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and an average price target of $244.97.
Check Out Our Latest Report on MRVL
Trending Headlines about Marvell Technology
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Royal Bank of Canada reaffirmed its Outperform rating on Marvell and set a $360 price target, signaling meaningful upside from recent levels and reinforcing Wall Street’s positive view of the company’s AI and networking growth story.
- Positive Sentiment: Recent coverage continues to highlight Marvell as a key AI infrastructure beneficiary, including its deeper ties with NVIDIA through NVLink and its growing role in custom AI silicon, which supports the long-term investment case.
- Neutral Sentiment: Articles over the past day have emphasized Marvell’s strong run-up this year and compared it with peers like Broadcom and Credo, suggesting the stock remains a major AI-chip market favorite but also one that may be sensitive to valuation concerns.
- Negative Sentiment: The immediate pressure on MRVL appears to be sector-driven, with chip stocks weakening broadly; that risk-off move is outweighing the company-specific positives for now. Why Is Marvell Technology Stock Falling Tuesday?
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.
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