HighTower Advisors LLC Has $91.18 Million Stake in Marvell Technology, Inc. $MRVL

HighTower Advisors LLC boosted its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 99.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 306,089 shares of the semiconductor company’s stock after buying an additional 152,485 shares during the period. HighTower Advisors LLC’s holdings in Marvell Technology were worth $91,181,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Intech Investment Management LLC raised its stake in shares of Marvell Technology by 3.9% in the 1st quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock valued at $1,772,000 after buying an additional 1,085 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Marvell Technology by 22.7% during the 2nd quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock worth $1,348,000 after acquiring an additional 3,221 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of Marvell Technology during the 2nd quarter valued at about $354,000. Treasurer of the State of North Carolina increased its stake in Marvell Technology by 3.0% in the second quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock valued at $31,256,000 after acquiring an additional 11,572 shares during the period. Finally, Alliancebernstein L.P. increased its stake in Marvell Technology by 1.0% in the second quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock valued at $31,855,000 after acquiring an additional 4,060 shares during the period. Institutional investors own 83.51% of the company’s stock.

Marvell Technology News Roundup

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

• Positive Sentiment: UBS said Marvell is well positioned ahead of earnings, while TD Cowen raised its price target from $200 to $225 and maintained a “hold” rating. Analysts continue to view Marvell’s custom silicon, networking and optical businesses as beneficiaries of AI data-center investment. UBS Marvell earnings commentary
• Positive Sentiment: Marvell’s new AI memory and storage products, including solutions for CXL memory expansion and optical shared memory, strengthen its exposure to large-scale inference workloads. Its co-packaged optics efforts also support the long-term AI infrastructure narrative. Marvell AI memory products
• Neutral Sentiment: Investors are now focused on whether projected fiscal Q2 revenue of roughly $2.71 billion and earnings near $0.87 per share can justify the stock’s elevated valuation after its substantial year-to-date advance. Marvell earnings expectations
• Negative Sentiment: Rising Treasury yields pressured semiconductor and other growth stocks, overwhelming otherwise bullish AI commentary. A sharp decline in Fabrinet also spread caution across the AI optical and interconnect group, raising concerns about whether infrastructure spending expectations have become too aggressive. Fabrinet impact on AI optical stocks
• Negative Sentiment: CEO Matthew Murphy sold 7,500 shares for approximately $1.77 million under a pre-arranged Rule 10b5-1 plan. Although the sale reduced his holdings by less than 1%, reports of broad insider selling added to investor caution before earnings. Marvell CEO insider sale

Marvell Technology Price Performance

MRVL opened at $216.00 on Wednesday. Marvell Technology, Inc. has a one year low of $61.44 and a one year high of $329.88. 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’s 50 day simple moving average is $235.49 and its 200-day simple moving average is $168.26. The stock has a market capitalization of $188.96 billion, a P/E ratio of 73.97, a price-to-earnings-growth ratio of 1.39 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The firm’s quarterly revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Sell-side analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Friday, July 10th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, July 10th. Marvell Technology’s dividend payout ratio is currently 8.22%.

Analyst Ratings Changes

A number of research analysts have commented on MRVL shares. Morgan Stanley raised their price target on shares of Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. HSBC set a $300.00 price objective on Marvell Technology and gave the company a “buy” rating in a research note on Tuesday, May 26th. Scotiabank initiated coverage on Marvell Technology in a report on Tuesday, May 26th. They issued an “outperform” rating for the company. Susquehanna raised their target price on Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a research report on Tuesday, May 26th. Finally, Evercore reaffirmed an “outperform” rating and issued a $155.00 price target on shares of Marvell Technology in a research note on Tuesday, May 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $244.81.

Insider Buying and Selling

In related news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $236.08, for a total transaction of $1,770,600.00. Following the completion of the transaction, the chief executive officer owned 783,186 shares in the company, valued at approximately $184,894,550.88. The trade was a 0.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the transaction, the chief operating officer directly owned 227,941 shares in the company, valued at approximately $41,143,350.50. This represents a 4.20% 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 have sold 41,981 shares of company stock valued at $9,753,132 over the last 90 days. Company insiders own 0.12% of the company’s stock.

About Marvell Technology

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.