Los Angeles Capital Management LLC Sells 276,910 Shares of Marvell Technology, Inc. $MRVL

Los Angeles Capital Management LLC lowered its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 76.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 86,081 shares of the semiconductor company’s stock after selling 276,910 shares during the period. Los Angeles Capital Management LLC’s holdings in Marvell Technology were worth $7,624,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Faithward Advisors LLC raised its position in shares of Marvell Technology by 2.1% in the 3rd quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock worth $525,000 after acquiring an additional 126 shares in the last quarter. South Plains Financial Inc. increased its position in Marvell Technology by 1.6% during the 3rd quarter. South Plains Financial Inc. now owns 8,454 shares of the semiconductor company’s stock valued at $711,000 after buying an additional 130 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in Marvell Technology by 1.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 10,546 shares of the semiconductor company’s stock valued at $896,000 after buying an additional 132 shares in the last quarter. GeoWealth Management LLC increased its position in Marvell Technology by 5.1% during the 3rd quarter. GeoWealth Management LLC now owns 2,808 shares of the semiconductor company’s stock valued at $236,000 after buying an additional 135 shares in the last quarter. Finally, Parisi Gray Wealth Management increased its position in Marvell Technology by 0.8% during the 4th quarter. Parisi Gray Wealth Management now owns 17,378 shares of the semiconductor company’s stock valued at $1,477,000 after buying an additional 143 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on MRVL. JPMorgan Chase & Co. raised their price objective on Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Melius Research set a $220.00 price objective on Marvell Technology in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price objective on shares of Marvell Technology in a research report on Thursday, May 28th. Craig Hallum raised their price objective on Marvell Technology from $141.00 to $164.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Finally, Oppenheimer raised their price objective on Marvell Technology from $200.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $218.58.

Insider Buying and Selling

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $205.87, for a total value of $2,058,700.00. Following the completion of the sale, the chief operating officer directly owned 237,392 shares in the company, valued at approximately $48,871,891.04. This trade represents a 4.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the completion of the sale, the insider owned 55,199 shares of the company’s stock, valued at $7,195,189.65. The trade was a 54.79% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 255,060 shares of company stock worth $31,959,772 in the last three months. 0.12% of the stock is currently owned by company insiders.

Marvell Technology Price Performance

NASDAQ MRVL opened at $288.85 on Tuesday. Marvell Technology, Inc. has a one year low of $61.44 and a one year high of $324.20. The stock has a 50-day moving average of $168.66 and a 200 day moving average of $114.24. The company has a market capitalization of $252.69 billion, a price-to-earnings ratio of 98.92, a PEG ratio of 1.72 and a beta of 2.29. 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 released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting 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 during the quarter, compared to the consensus estimate of $2.41 billion. During the same period last year, the company earned $0.62 EPS. Marvell Technology’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. On average, sell-side analysts forecast that Marvell Technology, Inc. will post 3.08 EPS for the current year.

Marvell Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 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, April 10th. Marvell Technology’s dividend payout ratio (DPR) is presently 8.22%.

Key Marvell Technology News

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

• Positive Sentiment: Marvell will join the S&P 500 on June 22, a move that typically triggers passive fund buying and increases visibility with large institutional investors. Marvell shares jump after chipmaker wins spot in S&P 500
• Positive Sentiment: The stock is also benefiting from recent bullish AI commentary, including Nvidia CEO Jensen Huang’s remarks that positioned Marvell as a potential “next trillion-dollar company,” reinforcing investor enthusiasm around its custom AI silicon and data-center exposure. Marvell Technology jumps almost 9% in premarket after news it will join the S&P 500 index
• Positive Sentiment: Several recent articles argue Marvell remains a key AI infrastructure winner, with analysts and commentators highlighting growth in custom chips and networking hardware that could support further upside if execution stays strong. After Skyrocketing 340% in Just 12 Months, Is Marvell Technology Stock Still a Good Buy?
• Neutral Sentiment: Some coverage notes that Marvell’s valuation is already stretched after a huge run, so the S&P 500 boost may be partly offset by profit-taking or concerns that expectations are now very high.

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.