TB Alternative Assets Ltd. Buys New Stake in Marvell Technology, Inc. $MRVL

TB Alternative Assets Ltd. bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 258,070 shares of the semiconductor company’s stock, valued at approximately $76,876,000. Marvell Technology makes up 12.3% of TB Alternative Assets Ltd.’s portfolio, making the stock its 2nd largest position.

A number of other institutional investors also recently added to or reduced their stakes in MRVL. Norges Bank bought a new stake in shares of Marvell Technology during the fourth quarter valued at about $895,455,000. Rafferty Asset Management LLC lifted its holdings in Marvell Technology by 111.0% in the second quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company’s stock worth $449,722,000 after purchasing an additional 3,056,808 shares during the period. Capital Research Global Investors grew its position in Marvell Technology by 177.9% in the 4th quarter. Capital Research Global Investors now owns 4,551,249 shares of the semiconductor company’s stock valued at $386,765,000 after buying an additional 2,913,368 shares in the last quarter. AQR Capital Management LLC grew its position in Marvell Technology by 397.3% in the 4th quarter. AQR Capital Management LLC now owns 2,172,943 shares of the semiconductor company’s stock valued at $184,657,000 after buying an additional 1,736,006 shares in the last quarter. Finally, State Street Corp increased its stake in Marvell Technology by 7.9% during the 4th quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company’s stock valued at $1,940,503,000 after buying an additional 1,677,724 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

More Marvell Technology News

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

• Positive Sentiment: AI data-center demand supports the long-term outlook. Analysts and investors continue to highlight Marvell’s custom chips, optical networking, memory interconnects and high-speed data-movement products as key beneficiaries of expanding AI clusters. Management has also raised its long-term data-center growth outlook. Down 37% From Its Highs, Is Marvell Technology Stock a Buy on the Dip?
• Positive Sentiment: Wall Street price targets imply additional upside. Goldman Sachs has expressed a preference between Marvell and Nvidia ahead of earnings, while another report said Goldman analyst James Schneider raised Marvell’s 12-month price target. The broader analyst range remains bullish, with a reported median target of $250 and several targets between $300 and $385. Wall Street sets Marvell stock price for the next 12 months
• Positive Sentiment: Nvidia’s $2 billion investment remains a strategic vote of confidence. The investment strengthens Marvell’s profile as an AI-chip and infrastructure partner and is supporting comparisons between the two companies ahead of their earnings reports. NVIDIA Invested $2 Billion in Marvell
• Neutral Sentiment: Upcoming earnings are the immediate catalyst. Marvell’s latest quarter delivered $2.42 billion in revenue, up 27.6% year over year, and adjusted EPS in line with expectations. Investors will look for evidence that AI-related growth can justify the stock’s elevated valuation.
• Negative Sentiment: Insider selling may temper sentiment. QuiverQuant reported 21 insider sales and no purchases during the past six months, including sales by senior executives and the CEO. This does not necessarily signal weakening fundamentals, but it can raise caution after a major share-price advance. Marvell Technology Stock Opinions on AI Infrastructure Expansion

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Needham & Company LLC boosted their price target on shares of Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $195.00 price objective on shares of Marvell Technology in a report on Wednesday. HSBC set a $300.00 price objective on shares of Marvell Technology and gave the company a “buy” rating in a research note on Tuesday, May 26th. Citigroup boosted their target price on Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, KeyCorp upped their target price on Marvell Technology from $385.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $245.94.

Insider Buying and Selling at Marvell Technology

In related news, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total value of $667,359.03. Following the transaction, the insider directly owned 55,530 shares in the company, valued at $16,610,688.90. The trade was a 3.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction on 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 transaction, the chief operating officer owned 237,392 shares in the company, valued at $48,871,891.04. The trade was a 4.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 34,481 shares of company stock valued at $7,982,532. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Stock Performance

NASDAQ:MRVL opened at $222.02 on Friday. The company has a 50-day moving average of $237.59 and a 200-day moving average of $165.67. The firm has a market cap of $194.22 billion, a price-to-earnings ratio of 76.03, a price-to-earnings-growth ratio of 1.39 and a beta of 2.24. 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 twelve month low of $61.44 and a twelve month high of $329.88.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the previous year, the firm earned $0.62 EPS. The business’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. Analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio is currently 8.22%.

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.