DAVENPORT & Co LLC Has $113.40 Million Holdings in Marvell Technology, Inc. $MRVL

DAVENPORT & Co LLC raised its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 225.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,328,747 shares of the semiconductor company’s stock after buying an additional 920,876 shares during the period. DAVENPORT & Co LLC owned about 0.16% of Marvell Technology worth $113,399,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MRVL. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of Marvell Technology by 160.0% during the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Nova Wealth Management Inc. raised its stake in Marvell Technology by 3,922.2% in the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 353 shares during the period. N.E.W. Advisory Services LLC acquired a new stake in Marvell Technology during the 2nd quarter valued at $32,000. Cary Street Partners Investment Advisory LLC bought a new position in Marvell Technology during the second quarter worth $34,000. Finally, Hollencrest Capital Management boosted its position in Marvell Technology by 23,350.0% during the second quarter. Hollencrest Capital Management now owns 469 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 467 shares during the period. Institutional investors own 83.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Piper Sandler set a $110.00 price objective on shares of Marvell Technology in a research report on Wednesday, December 3rd. Citigroup lifted their target price on shares of Marvell Technology from $113.00 to $118.00 and gave the stock a “buy” rating in a report on Friday, March 6th. UBS Group upped their price target on shares of Marvell Technology from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Stifel Nicolaus increased their price target on shares of Marvell Technology from $114.00 to $120.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Benchmark upgraded shares of Marvell Technology from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and an average price target of $117.24.

Insider Buying and Selling at Marvell Technology

In related news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $93.08, for a total value of $465,400.00. Following the completion of the sale, the executive vice president directly owned 19,418 shares in the company, valued at approximately $1,807,427.44. The trade was a 20.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.33% of the company’s stock.

Marvell Technology Trading Up 2.4%

Shares of Marvell Technology stock opened at $92.36 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. The firm has a 50-day moving average of $82.38 and a 200-day moving average of $83.94. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $102.77. The stock has a market cap of $80.77 billion, a PE ratio of 29.99, a PEG ratio of 0.82 and a beta of 1.97.

Marvell Technology (NASDAQ:MRVL) last released 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. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. During the same period last year, the firm earned $0.60 earnings per share. Marvell Technology’s revenue for the quarter was up 22.1% compared to the same quarter last year. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, sell-side analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, April 10th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is currently 7.79%.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Q4 earnings beat and strong AI data-center demand — Marvell posted quarterly results that exceeded estimates and management reiterated robust guidance tied to AI/data-center spend; Loop Capital reiterated a Buy and a $120 target. Earnings Beat Article
• Positive Sentiment: New AI interconnect and switch products — Marvell unveiled advanced switches (CXL & PCIe 6.0) and expanded optical DSP platforms aimed at hyperscale AI interconnects, strengthening its position in the AI data‑center stack. Advanced Switch Article
• Positive Sentiment: Strategic collaboration highlight — Stifel highlighted Marvell’s collaboration with Mojo Vision on micro‑LED optical interconnects, reinforcing investor interest in Marvell’s role in next‑generation optical solutions. Stifel / Mojo Vision Article
• Positive Sentiment: Dividend announced alongside product demos — Management announced a $0.06 quarterly dividend and showcased multiple OFC 2026 demos, which may broaden appeal to income and infrastructure investors. Dividend & OFC Article
• Neutral Sentiment: Analyst and media coverage — MRVL is featured in several analyst pieces and comparisons (Zacks, Seeking Alpha, MarketBeat) that discuss its long‑term interconnect strategy and valuation versus peers; useful context but not immediate catalysts. Zacks Coverage
• Neutral Sentiment: Peer comparisons — Coverage comparing Marvell to other AI‑connectivity names (e.g., Credo) highlights differing risk/return profiles; helpful for positioning but mixed implications. CRDO vs MRVL
• Neutral Sentiment: Short interest notices appear unreliable — Multiple filings flagged a “large increase” in short interest but showed zero shares / NaN changes and 0.0 days-to-cover; this looks like a reporting anomaly rather than meaningful new short pressure.
• Negative Sentiment: Price action and sentiment pushback — Some coverage noted MRVL traded lower at times “despite solid execution,” signaling that valuation concerns or profit‑taking can offset positive operational news. Traded Lower Article

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.