IFP Advisors Inc trimmed its stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 71.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,361 shares of the semiconductor company’s stock after selling 16,073 shares during the quarter. IFP Advisors Inc’s holdings in Marvell Technology were worth $535,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of MRVL. Swiss Life Asset Management Ltd raised its holdings in shares of Marvell Technology by 16.3% during the third quarter. Swiss Life Asset Management Ltd now owns 144,680 shares of the semiconductor company’s stock valued at $12,163,000 after purchasing an additional 20,331 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Marvell Technology in the 3rd quarter valued at about $429,000. Kimelman & Baird LLC grew its stake in shares of Marvell Technology by 207.1% in the 3rd quarter. Kimelman & Baird LLC now owns 246,641 shares of the semiconductor company’s stock valued at $20,735,000 after buying an additional 166,326 shares during the period. CIBC Bancorp USA Inc. bought a new stake in Marvell Technology in the 3rd quarter valued at about $5,253,000. Finally, Old North State Trust LLC increased its position in Marvell Technology by 74.3% in the 3rd quarter. Old North State Trust LLC now owns 5,001 shares of the semiconductor company’s stock valued at $420,000 after buying an additional 2,132 shares in the last quarter. 83.51% of the stock is owned by institutional investors.
Insider Transactions at Marvell Technology
In other news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction on Monday, January 5th. The shares were 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 owned 19,418 shares in the company, valued at $1,807,427.44. This represents a 20.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.19% of the stock is owned by corporate insiders.
Marvell Technology Stock Performance
Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. During the same quarter last year, the company earned $0.60 earnings per share. The company’s revenue for the quarter was up 22.1% on a year-over-year basis. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Equities analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.
Marvell Technology Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 10th will be issued a dividend of $0.06 per share. 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 payout ratio is currently 7.79%.
Key Headlines Impacting Marvell Technology
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Unusually large call buying — traders purchased ~109,766 call contracts (≈23% above average), signaling short-term bullish positioning and speculative/hedged bets on upside for MRVL.
- Positive Sentiment: Partnership and technology momentum — Stifel highlighted Marvell’s collaboration with Mojo Vision on optical interconnects, reinforcing Marvell’s role in next‑gen optical I/O for AI infrastructure; that strategic tie-up supports upside from AI/datacenter demand. Stifel Highlights Marvell Technology (MRVL) Collaboration with Mojo Vision on Optical Interconnects
- Positive Sentiment: Mojo Vision funding boosts ecosystem — Mojo’s $17.5M strategic investment (after a prior $75M raise) advances micro‑LED optical I/O commercialization, indirectly supporting Marvell’s addressable market where it supplies interconnect/IP. Mojo Vision Secures $17.5M Strategic Investment from Future Ventures to Advance Next-Generation Optical I/O for AI Infrastructure
- Positive Sentiment: Earnings momentum and analyst support — recent quarterly results beat expectations, management growth guidance is healthy and brokers (e.g., Loop Capital) have reiterated Buy/raised targets, reinforcing investor confidence in AI/data‑center driven revenue growth.
- Neutral Sentiment: Wall Street attention is mixed — MRVL appears on some watchlists and analyst writeups that imply strong upside but also warn of standard analyst optimism; useful for visibility but not a direct catalyst. 1 of Wall Street’s Favorite Stock on Our Watchlist and 2 We Find Risky
- Neutral Sentiment: Short-interest entries show large increases but report zero shares (NaN); this appears to be a data/reporting error and shouldn’t be treated as a valid short-squeeze threat absent corrected figures.
- Negative Sentiment: Some intraday/near-term selling observed — an article noted MRVL traded lower at one point “despite solid execution,” indicating short-term profit‑taking or sector rotation can still push price down even with solid fundamentals. Marvell Technology (MRVL) Traded Lower Despite Solid Execution
Wall Street Analyst Weigh In
MRVL has been the topic of several recent research reports. Morgan Stanley increased their price target on Marvell Technology from $95.00 to $103.00 and gave the stock an “equal weight” rating in a report on Friday, March 6th. Evercore restated an “outperform” rating and set a $133.00 price objective on shares of Marvell Technology in a report on Wednesday, March 4th. Wells Fargo & Company upped their target price on Marvell Technology from $90.00 to $135.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 3rd. Wall Street Zen cut Marvell Technology from a “buy” rating to a “hold” rating in a report on Sunday, March 15th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Marvell Technology in a research report on Tuesday, January 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.24.
Read Our Latest Research Report on Marvell Technology
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.
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