Natixis Advisors LLC Reduces Stock Holdings in Marvell Technology, Inc. $MRVL

Natixis Advisors LLC reduced its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 7.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 733,968 shares of the semiconductor company’s stock after selling 61,685 shares during the quarter. Natixis Advisors LLC’s holdings in Marvell Technology were worth $62,372,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Marvell Technology by 23.5% during the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock valued at $6,692,830,000 after buying an additional 15,166,976 shares during the period. State Street Corp raised its holdings 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 valued at $1,778,677,000 after buying an additional 583,832 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Marvell Technology by 59.7% during the 3rd 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. Geode Capital Management LLC raised its holdings in shares of Marvell Technology by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 12,108,452 shares of the semiconductor company’s stock valued at $1,025,185,000 after buying an additional 97,624 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of Marvell Technology by 47.0% during 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 buying an additional 3,805,431 shares during the period. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $110.24, for a total transaction of $1,102,400.00. Following the completion of the transaction, the chief operating officer owned 133,870 shares in the company, valued at $14,757,828.80. The trade was a 6.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $130.35, for a total value of $8,719,372.20. Following the transaction, the insider owned 55,199 shares of the company’s stock, valued at $7,195,189.65. This represents a 54.79% decrease in their position. 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. Over the last ninety days, insiders have sold 255,060 shares of company stock worth $31,959,772. 0.12% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

MRVL has been the topic of several analyst reports. Susquehanna raised their target price on Marvell Technology from $100.00 to $230.00 and gave the company a “positive” rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. lifted their price objective on Marvell Technology from $135.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Needham & Company LLC lifted their price objective on Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Bank of America lifted their price objective on Marvell Technology from $200.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Finally, Wells Fargo & Company lifted their price objective on Marvell Technology from $195.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $215.19.

Marvell Technology Price Performance

Shares of MRVL opened at $290.79 on Wednesday. The firm has a market cap of $254.38 billion, a price-to-earnings ratio of 99.59, a PEG ratio of 1.58 and a beta of 2.29. The stock has a 50 day moving average of $148.77 and a 200-day moving average of $106.95. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 52 week low of $61.15 and a 52 week high of $291.30.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business’s revenue was up 27.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, analysts forecast that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Dividend Announcement

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

Key Marvell Technology News

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

• Positive Sentiment: Nvidia CEO Jensen Huang called Marvell “the next trillion-dollar company,” a strong public endorsement that sent shares surging and reinforced optimism around Marvell’s role in AI networking, custom silicon, and data-center connectivity. Reuters article on Marvell surge after Huang comment
• Positive Sentiment: Marvell also introduced its Teralynx T100, a 102.4 Tbps switch designed for AI and cloud data centers, which supports the investment case that the company is directly benefiting from rising AI infrastructure demand. Marvell announces Teralynx T100 switch
• Positive Sentiment: Coverage across multiple outlets highlighted strong analyst and investor enthusiasm for Marvell’s AI growth story, including comparisons showing it as one of the more favored AI chip names alongside Broadcom. TipRanks coverage on AVGO vs MRVL
• Neutral Sentiment: One item noted that Marvell COO Chris Koopmans sold 10,000 shares under a pre-arranged 10b5-1 plan; the sale may look negative, but it appears routine rather than a new bearish signal. Insider trade disclosure for Marvell COO
• Neutral Sentiment: Some commentary warns the stock has already had an enormous run and now trades at a rich valuation, which could limit upside if AI expectations cool. Seeking Alpha valuation caution on Marvell

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.