Resona Asset Management Co. Ltd. Trims Position in Marvell Technology, Inc. $MRVL

Resona Asset Management Co. Ltd. cut its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 256,497 shares of the semiconductor company’s stock after selling 12,514 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Marvell Technology were worth $21,827,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Profund Advisors LLC increased its stake in shares of Marvell Technology by 8.1% during the fourth quarter. Profund Advisors LLC now owns 113,567 shares of the semiconductor company’s stock valued at $9,651,000 after buying an additional 8,516 shares during the period. ProShare Advisors LLC increased its stake in shares of Marvell Technology by 43.1% during the fourth quarter. ProShare Advisors LLC now owns 1,450,382 shares of the semiconductor company’s stock valued at $123,253,000 after buying an additional 436,837 shares during the period. Intrua Financial LLC increased its stake in shares of Marvell Technology by 20.0% during the fourth quarter. Intrua Financial LLC now owns 4,208 shares of the semiconductor company’s stock valued at $358,000 after buying an additional 701 shares during the period. Arrow Financial Corp increased its stake in shares of Marvell Technology by 7.0% during the fourth quarter. Arrow Financial Corp now owns 26,459 shares of the semiconductor company’s stock valued at $2,248,000 after buying an additional 1,729 shares during the period. Finally, Gamco Investors INC. ET AL increased its stake in shares of Marvell Technology by 25.5% during the fourth quarter. Gamco Investors INC. ET AL now owns 4,425 shares of the semiconductor company’s stock valued at $376,000 after buying an additional 899 shares during the period. 83.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Rosenblatt Securities lifted their price target on Marvell Technology from $115.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Zacks Research upgraded Marvell Technology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Needham & Company LLC dropped their price target on Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a research report on Tuesday, February 3rd. Morgan Stanley lifted their price target on Marvell Technology from $95.00 to $103.00 and gave the company an “equal weight” rating in a research report on Friday, March 6th. Finally, UBS Group lifted their price target on Marvell Technology from $120.00 to $195.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.97.

Marvell Technology Trading Up 4.3%

Marvell Technology stock opened at $176.27 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 business’s fifty day simple moving average is $128.87 and its two-hundred day simple moving average is $100.00. Marvell Technology, Inc. has a 12 month low of $58.61 and a 12 month high of $192.15. The company has a market capitalization of $158.17 billion, a price-to-earnings ratio of 57.23, a price-to-earnings-growth ratio of 1.41 and a beta of 2.25.

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

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were paid a $0.06 dividend. The ex-dividend date was Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s payout ratio is currently 7.79%.

Insider Transactions at Marvell Technology

In other news, insider Sandeep Bharathi sold 66,892 shares of the business’s stock in a transaction on 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 transaction, the insider owned 55,199 shares in the company, valued at $7,195,189.65. The trade was a 54.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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, EVP Mark Casper sold 10,854 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the completion of the transaction, the executive vice president owned 4,023 shares of the company’s stock, valued at $430,501.23. This represents a 72.96% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 245,060 shares of company stock valued at $29,901,072. Insiders own 0.33% of the company’s stock.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Analysts continue to model long-term earnings growth for Marvell, with Zacks Research slightly raising several forward EPS estimates, which supports the view that AI-related demand can keep expanding. Marvell Technology analyst estimate updates
• Positive Sentiment: Investor interest remains tied to Marvell’s AI networking and optical interconnect strategy, with recent commentary pointing to stronger growth expectations in data-center infrastructure. Marvell Leans Into Optical Networking As AI Growth And Valuation Questions Build
• Positive Sentiment: Longer-term bullish articles continue to frame Marvell as a major beneficiary of AI capex, reinforcing the stock’s strong multi-month momentum. Marvell (MRVL) More than Doubled This Year. The AI Opportunity Still Looks Bigger
• Neutral Sentiment: Some market commentary suggests Marvell can still move higher alongside semiconductor momentum, but this has not yet changed the valuation debate. What’s Going On With Marvell Stock Monday?
• Negative Sentiment: Recent trading showed MRVL underperforming the broader market, indicating near-term selling pressure after a steep rally. Marvell Technology (MRVL) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Insider selling, including CFO Willem Meintjes selling 4,000 shares under a pre-arranged trading plan, may add to caution even though the sale was not unusual. Marvell Technology insider sale details
• Negative Sentiment: One recent note argued that Marvell’s huge AI-driven run has already priced in much of the upside, which is fueling valuation concerns. Marvell Price Prediction. The Stock Is Up 179% in a Year and Our Model Says the Easy Money Is Gone

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.