First Trust Advisors LP Grows Position in Marvell Technology, Inc. $MRVL

First Trust Advisors LP lifted its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 43.7% during the 1st quarter, Holdings Channel reports. The firm owned 1,935,577 shares of the semiconductor company’s stock after acquiring an additional 589,009 shares during the period. First Trust Advisors LP’s holdings in Marvell Technology were worth $191,719,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new position in shares of Marvell Technology during the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC lifted its holdings in Marvell Technology by 978.3% in the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares during the period. Jessup Wealth Management Inc purchased a new stake in Marvell Technology in the fourth quarter worth about $25,000. Cherry Tree Wealth Management LLC bought a new stake in Marvell Technology during the 4th quarter valued at approximately $26,000. Finally, MidFirst Bank purchased a new position in shares of Marvell Technology during the 4th quarter worth approximately $28,000. 83.51% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Marvell Technology news, CFO Willem A. Meintjes sold 4,000 shares of the business’s 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 completion of the sale, the chief financial officer directly owned 226,675 shares in the company, valued at approximately $39,722,527. The trade was a 1.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction 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. The trade was a 1.00% 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. Insiders sold 45,981 shares of company stock valued at $9,835,542 over the last three months. Corporate insiders own 0.12% of the company’s stock.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Several recent articles highlight Marvell as a beneficiary of AI infrastructure spending, with investors citing accelerating bookings and stronger data-center demand as reasons to buy the dip. Marvell Stock Jumps As AI Infrastructure Spending Boom Powers Semiconductor Rally
• Positive Sentiment: Wall Street commentary remains upbeat, with some analysts arguing the recent selloff may have created a buying opportunity rather than signaling a broken growth story. Wall Street is Bullish on Marvell. Here’s Our Price Target.
• Positive Sentiment: Marvell was also included in broader chip-stock rallies as investors bought back into AI and memory semiconductor names, supporting sentiment around the stock. Stock Market Today: Nasdaq Higher As Memory Chip Names Rally; Schwab Slides (Live Coverage)
• Neutral Sentiment: Some coverage is focused on valuation and whether Marvell’s sharp rally and subsequent pullback reflect normal AI-trade volatility rather than a change in fundamentals. Astera Labs Rides on Strong Taurus Demand: More Upside Ahead?
• Neutral Sentiment: Options-market commentary suggests traders are bracing for a bigger swing ahead, but the signal is mixed and does not clearly point to direction. What the Options Market Is Signaling About Marvell Technology Stock’s Next Big Swing
• Negative Sentiment: Despite bullish AI demand commentary, several pieces note that Marvell has already pulled back sharply from recent highs, reminding investors that expectations remain elevated and the stock may still be vulnerable if growth disappoints. Marvell Technology: The Stock Is Down 39% From Its High. Time to Buy the Dip?

Marvell Technology Stock Up 1.5%

MRVL stock opened at $210.99 on Thursday. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $329.88. The business has a fifty day moving average price of $242.54 and a 200-day moving average price of $152.03. 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 stock has a market capitalization of $184.57 billion, a P/E ratio of 72.26, a P/E/G ratio of 1.30 and a beta of 2.20.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 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 posted $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. Equities analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Friday, July 10th will be paid a $0.06 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s payout ratio is currently 8.22%.

Analyst Upgrades and Downgrades

MRVL has been the subject of a number of research reports. Benchmark increased their price objective on Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Wells Fargo & Company boosted their target price on shares of Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Compass Point set a $190.00 target price on shares of Marvell Technology in a research report on Tuesday, May 26th. JPMorgan Chase & Co. lifted their price target on shares of Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 price objective on shares of Marvell Technology in a research note on Thursday, May 28th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $245.45.

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.