Meridian Wealth Management LLC Has $2.66 Million Stock Position in Marvell Technology, Inc. $MRVL

Meridian Wealth Management LLC raised its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 11.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 31,239 shares of the semiconductor company’s stock after acquiring an additional 3,317 shares during the quarter. Meridian Wealth Management LLC’s holdings in Marvell Technology were worth $2,655,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MRVL. Intech Investment Management LLC increased its position in 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 acquiring an additional 1,085 shares during the period. Baird Financial Group Inc. increased its position in Marvell Technology by 22.7% in the 2nd quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock valued at $1,348,000 after acquiring an additional 3,221 shares during the period. Flow Traders U.S. LLC acquired a new position in Marvell Technology in the 2nd quarter valued at approximately $354,000. Treasurer of the State of North Carolina increased its position in Marvell Technology by 3.0% in the 2nd 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 position in Marvell Technology by 1.0% in the 2nd 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. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Marvell Technology

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $110.24, for a total value of $1,102,400.00. Following the transaction, the chief operating officer directly owned 133,870 shares of the company’s stock, valued at approximately $14,757,828.80. This trade represents a 6.95% decrease in their ownership of the stock. The transaction 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, insider Sandeep Bharathi sold 66,892 shares of the firm’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the completion of the transaction, the insider directly owned 55,199 shares in the company, valued at $7,195,189.65. This trade represents a 54.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last three months, insiders sold 233,560 shares of company stock valued at $27,870,662. Corporate insiders own 0.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. UBS Group upped their price target on shares of Marvell Technology from $120.00 to $195.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Rosenblatt Securities lifted their target price on shares of Marvell Technology from $115.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Citigroup boosted their target price on shares of Marvell Technology from $113.00 to $118.00 and gave the company a “buy” rating in a report on Friday, March 6th. Cantor Fitzgerald increased their price target on Marvell Technology from $100.00 to $120.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Finally, Barclays upgraded Marvell Technology from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $105.00 to $150.00 in a report on Thursday, April 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.00.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell’s AI narrative got another boost after a report said Nvidia’s latest moves could validate Marvell’s role in AI infrastructure, reinforcing investor confidence in the company’s long-term growth story. Article Title
• Positive Sentiment: Marvell announced the acquisition of Polariton Technologies, a move that should strengthen its optical and silicon photonics portfolio and help support higher-speed data center products as AI demand grows. Article Title
• Positive Sentiment: Forbes highlighted Marvell as a possible beneficiary of continued AI infrastructure spending, with the stock’s strong year-to-date performance reflecting renewed market enthusiasm for semiconductor names tied to AI buildout. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful change, suggesting bearish positioning is not a major new driver for the stock right now.
• Neutral Sentiment: Broader semiconductor headlines around peers like Qualcomm and Astera Labs point to continued sector strength, which may be supporting investor sentiment toward Marvell as part of the AI chip trade. Article Title
• Negative Sentiment: Despite the upbeat AI backdrop, the stock fell more sharply than the broader market in the latest session, likely reflecting a cooling-off period after its powerful rally and investor caution around stretched expectations. Article Title

Marvell Technology Trading Down 3.7%

NASDAQ:MRVL opened at $164.50 on Wednesday. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $143.85 billion, a price-to-earnings ratio of 53.41, a PEG ratio of 1.55 and a beta of 2.25. The firm has a fifty day simple moving average of $119.26 and a two-hundred day simple moving average of $96.85. Marvell Technology, Inc. has a 12 month low of $58.61 and a 12 month high of $175.80.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period last year, the company posted $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Analysts expect that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, April 10th. Marvell Technology’s dividend payout ratio (DPR) is 7.79%.

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.