Corient Private Wealth LLC Reduces Stake in Marvell Technology, Inc. $MRVL

Corient Private Wealth LLC lowered its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 22.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 883,726 shares of the semiconductor company’s stock after selling 259,613 shares during the period. Corient Private Wealth LLC’s holdings in Marvell Technology were worth $76,555,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MRVL. EMC Capital Management increased its position in Marvell Technology by 290.9% during the fourth quarter. EMC Capital Management now owns 4,300 shares of the semiconductor company’s stock valued at $358,000 after acquiring an additional 3,200 shares during the last quarter. Hsbc Holdings PLC boosted its position in Marvell Technology by 8.1% in the fourth quarter. Hsbc Holdings PLC now owns 1,710,180 shares of the semiconductor company’s stock worth $145,521,000 after purchasing an additional 127,894 shares during the last quarter. Mengis Capital Management Inc. boosted its position in Marvell Technology by 105.3% in the fourth quarter. Mengis Capital Management Inc. now owns 43,249 shares of the semiconductor company’s stock worth $3,675,000 after purchasing an additional 22,179 shares during the last quarter. Pure Financial Advisors LLC grew its stake in shares of Marvell Technology by 7.1% during the 4th quarter. Pure Financial Advisors LLC now owns 3,332 shares of the semiconductor company’s stock valued at $283,000 after purchasing an additional 222 shares during the period. Finally, SHP Wealth Management bought a new stake in shares of Marvell Technology during the 4th quarter valued at about $105,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Wall Street Analyst Weigh In

MRVL has been the topic of several recent research reports. Barclays increased their price objective on shares of Marvell Technology from $150.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Royal Bank Of Canada boosted their target price on shares of Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Melius Research set a $220.00 target price on shares of Marvell Technology in a report on Monday, May 18th. Wall Street Zen downgraded shares of Marvell Technology from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Finally, Morgan Stanley lifted their price target on shares of Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $228.71.

Insiders Place Their Bets

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the company’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 value of $1,102,400.00. Following the completion of the transaction, the chief operating officer directly owned 133,870 shares in the company, valued at $14,757,828.80. This represents a 6.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 66,892 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the sale, the insider directly owned 55,199 shares of the company’s stock, valued at approximately $7,195,189.65. This trade represents a 54.79% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 257,291 shares of company stock worth $32,627,131 over the last ninety days. 0.12% of the stock is owned by company insiders.

Marvell Technology Price Performance

NASDAQ:MRVL opened at $310.58 on Friday. The business’s 50-day simple moving average is $201.51 and its two-hundred day simple moving average is $126.81. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The stock has a market cap of $271.70 billion, a PE ratio of 106.36, a P/E/G ratio of 2.03 and a beta of 2.29. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The business’s quarterly revenue was up 27.6% compared to the same quarter last year. 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 3.07 EPS for the current fiscal year.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell is set to join the S&P 500 on June 22, which can drive demand from index funds and ETFs that track the benchmark.
• Positive Sentiment: Investor sentiment remains strong after Nvidia CEO Jensen Huang praised Marvell, reinforcing its role in AI infrastructure and custom chip design.
• Positive Sentiment: Recent analyst upgrades and sharply higher price targets suggest Wall Street sees more upside from Marvell’s AI networking and optical interconnect growth.
• Positive Sentiment: Marvell’s recent earnings and guidance continue to show solid demand, with revenue growth tied to data-center and custom-chip momentum.
• Neutral Sentiment: Several commentary pieces note that MRVL has run up quickly and may be trading at a demanding valuation, which could limit near-term upside even if the AI story stays intact.
• Neutral Sentiment: Technical notes suggest the stock remains in a strong uptrend near highs, but it may pause for consolidation after a steep move.
• Negative Sentiment: Marvell’s CFO filed to sell about $65 million of stock, and while insider sales can pressure sentiment, this looks like a large disclosure investors may view cautiously. Article: Marvell’s CFO Just Filed to Dump $65 Million of Stock
• Negative Sentiment: A separate insider sale by Sandeep Bharathi was also disclosed, though it was tied to a pre-arranged 10b5-1 plan and tax withholding, making it less concerning on its own.

Marvell Technology Company 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.