Amazon Com Inc. Has $39.26 Million Stock Holdings in Marvell Technology, Inc. $MRVL

Amazon Com Inc. increased its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 75.8% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 396,352 shares of the semiconductor company’s stock after purchasing an additional 170,924 shares during the period. Marvell Technology makes up 1.5% of Amazon Com Inc.’s holdings, making the stock its 3rd biggest holding. Amazon Com Inc.’s holdings in Marvell Technology were worth $39,259,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of the business. Hilton Head Capital Partners LLC raised its stake in Marvell Technology by 978.3% during the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 225 shares in the last quarter. Jessup Wealth Management Inc acquired a new stake in shares of Marvell Technology in the 4th quarter valued at approximately $25,000. Laurel Wealth Advisors LLC bought a new stake in shares of Marvell Technology during the 4th quarter valued at approximately $25,000. Cherry Tree Wealth Management LLC bought a new stake in shares of Marvell Technology during the 4th quarter valued at approximately $26,000. Finally, Pittenger & Anderson Inc. increased its position in Marvell Technology by 61.5% during the 1st quarter. Pittenger & Anderson Inc. now owns 315 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 120 shares in the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MRVL has been the subject of several research reports. Citigroup increased their price objective on shares of Marvell Technology from $118.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Stifel Nicolaus boosted their target price on shares of Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Loop Capital upgraded shares of Marvell Technology to a “strong-buy” rating in a report on Tuesday, June 16th. The Goldman Sachs Group set a $180.00 price target on Marvell Technology in a research note on Thursday, May 28th. Finally, Erste Group Bank downgraded Marvell Technology from a “buy” rating to a “hold” rating in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Marvell Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $245.45.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Some analysts remain constructive, with KeyBanc reaffirming a buy rating and Wall Street’s average price target still implying meaningful upside, suggesting the selloff may be driven more by sentiment than a deterioration in fundamentals. KeyBanc Reaffirms Their Buy Rating on Marvell (MRVL)
• Positive Sentiment: The company’s AI infrastructure business is still viewed as a major growth driver, with recent commentary highlighting record AI data center revenue and strong design wins, which could support the long-term stock story. Marvell Crashed Below $200: This Wall Street Firm Thinks It Doubles From Here
• Neutral Sentiment: Marvell’s AI bet remains the core investment thesis, with recent coverage saying the company is now largely a pure-play AI infrastructure story rather than a diversified chipmaker. Marvell Stock’s AI Bet Is Even Bigger Than You Think
• Neutral Sentiment: Several articles note that Marvell is attracting heavy investor attention, reflecting elevated trading interest and uncertainty around the stock’s next move. Marvell Technology, Inc. (MRVL) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Erste Group downgraded Marvell to Hold on valuation concerns, which added pressure after a strong multi-month run in the stock. Marvell (MRVL) Stock Plunges 7% Following Analyst Downgrade
• Negative Sentiment: Broader semiconductor weakness is also weighing on MRVL, as fears of an AI capex slowdown and profit-taking hit chip stocks across the group, including peers like Broadcom, AMD, and Intel. Marvell Drops 8% as AI Capex Slowdown Fears Weigh on Chips; Broadcom, AMD, and Intel Slide

Marvell Technology Price Performance

MRVL stock opened at $188.30 on Friday. The company has a fifty day moving average price of $240.15 and a 200-day moving average price of $148.79. The company has a market capitalization of $164.72 billion, a P/E ratio of 64.49, a PEG ratio of 1.35 and a beta of 2.20. Marvell Technology, Inc. has a 52-week low of $61.44 and a 52-week 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.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the previous year, the business earned $0.62 earnings per share. Marvell Technology’s revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Friday, July 10th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s payout ratio is presently 8.22%.

Insider Activity

In other news, CFO Willem A. Meintjes sold 4,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $175.24, for a total transaction of $700,960.00. Following the completion of the transaction, the chief financial officer directly owned 226,675 shares in the company, valued at $39,722,527. This trade represents a 1.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $281.92, for a total value of $2,819,200.00. Following the transaction, the chief operating officer owned 227,754 shares of the company’s stock, valued at $64,208,407.68. This trade represents a 4.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 45,981 shares of company stock worth $9,835,542. 0.12% of the stock is owned by corporate insiders.

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.