Milestone Asset Management LLC Has $788,000 Holdings in Marvell Technology, Inc. $MRVL

Milestone Asset Management LLC reduced its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 28.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,274 shares of the semiconductor company’s stock after selling 3,704 shares during the period. Milestone Asset Management LLC’s holdings in Marvell Technology were worth $788,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MRVL. Vanguard Group Inc. boosted its position in shares of Marvell Technology by 23.5% during the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after buying an additional 15,166,976 shares during the period. State Street Corp increased its stake in shares of Marvell Technology by 2.8% during the 3rd quarter. State Street Corp now owns 21,157,092 shares of the semiconductor company’s stock worth $1,778,677,000 after purchasing an additional 583,832 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Marvell Technology by 59.7% in the third quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock valued at $1,397,751,000 after buying an additional 6,217,952 shares during the period. Franklin Resources Inc. raised its stake in Marvell Technology by 47.0% in the 3rd quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company’s stock valued at $1,000,689,000 after acquiring an additional 3,805,431 shares during the period. Finally, Van ECK Associates Corp raised its position in shares of Marvell Technology by 12.1% in the third quarter. Van ECK Associates Corp now owns 8,857,199 shares of the semiconductor company’s stock valued at $744,624,000 after purchasing an additional 958,542 shares during the period. Institutional investors own 83.51% of the company’s stock.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Reports that Marvell is in talks with Google to co?develop custom AI chips (MPU and inference TPU) are being priced as a potential hyperscaler design win and helped lift sentiment. QuiverQuant: Google AI chip talks
• Positive Sentiment: Marvell announced the acquisition of Polariton Technologies to add plasmonics?based silicon photonics IP — a strategic add for higher?speed, lower?power optical links used in AI/cloud data centers. BusinessWire: Polariton acquisition
• Positive Sentiment: RBC Capital’s large target raise (from $115 to $170) and maintained Outperform adds a high?profile institutional endorsement that supports further upside expectations. 247WallSt: RBC raises target
• Positive Sentiment: Recent earnings and commentary showing strong AI?driven demand and revenue upside have reinforced the growth narrative that underpins current valuations. Benzinga: earnings and AI demand
• Positive Sentiment: Market action shows institutional inflows and heavy call?option activity, indicating traders and funds placing bullish bets on further upside. FXEmpire: institutional inflows Barchart: options activity
• Neutral Sentiment: Coverage of supplier POET Technologies announcing orders from Marvell highlights Marvell’s purchasing relationships but is not a direct revenue driver for Marvell; it signals supply?chain activity rather than a material product announcement. Yahoo: POET orders from Marvell
• Negative Sentiment: Insider selling: EVP Mark Casper recently sold 10,000 shares (part of a series of sales), which some investors read as a cautionary signal even though insiders sell for many reasons. InsiderTrades: Mark Casper sale
• Negative Sentiment: Valuation and guidance concerns: some analysts warn the stock’s premium multiple and uneven product?level (XPU) guidance could cap upside and increase downside risk if execution or future guidance disappoints. SeekingAlpha: valuation/ride won’t last

Analyst Upgrades and Downgrades

Several brokerages recently commented on MRVL. Erste Group Bank initiated coverage on shares of Marvell Technology in a report on Thursday, April 2nd. They set a “buy” rating for the company. Rosenblatt Securities lifted their price target on shares of Marvell Technology from $115.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Melius Research upgraded Marvell Technology from a “hold” rating to a “buy” rating and set a $135.00 price target for the company in a research note on Monday, January 5th. Susquehanna reissued a “positive” rating on shares of Marvell Technology in a research report on Tuesday, February 24th. Finally, Needham & Company LLC dropped their price objective on Marvell Technology from $120.00 to $118.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus target price of $122.73.

Insider Transactions at Marvell Technology

In other news, CFO Willem A. Meintjes sold 30,000 shares of Marvell Technology stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $134.01, for a total transaction of $4,020,300.00. Following the sale, the chief financial officer directly owned 154,111 shares of the company’s stock, valued at approximately $20,652,415.11. This trade represents a 16.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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. Also, insider Sandeep Bharathi sold 66,892 shares of the business’s 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 sale, the insider owned 55,199 shares in the company, valued at approximately $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 ninety days, insiders sold 223,560 shares of company stock valued at $26,243,062. 0.19% of the stock is currently owned by corporate insiders.

Marvell Technology Price Performance

Shares of NASDAQ:MRVL opened at $157.32 on Thursday. Marvell Technology, Inc. has a one year low of $53.36 and a one year high of $158.69. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58. The company has a market cap of $137.57 billion, a price-to-earnings ratio of 51.08, a PEG ratio of 1.37 and a beta of 1.83. The firm has a 50 day simple moving average of $98.88 and a 200 day simple moving average of $90.34.

Marvell Technology (NASDAQ:MRVL) last posted its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $2.22 billion for 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 company’s revenue was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Research analysts predict that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 10th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, April 10th. Marvell Technology’s dividend payout ratio is presently 7.79%.

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.