2,050 Shares in Marvell Technology, Inc. $MRVL Acquired by Uhlmann Price Securities LLC

Uhlmann Price Securities LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,050 shares of the semiconductor company’s stock, valued at approximately $203,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wilson Asset Management International PTY Ltd. lifted its position in shares of Marvell Technology by 20.4% during the 4th quarter. Wilson Asset Management International PTY Ltd. now owns 134,642 shares of the semiconductor company’s stock worth $11,442,000 after purchasing an additional 22,837 shares during the last quarter. Varma Mutual Pension Insurance Co boosted its stake in Marvell Technology by 25.4% during the 4th quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock valued at $13,477,000 after purchasing an additional 32,130 shares during the period. Equitable Trust Co. grew its holdings in Marvell Technology by 23.3% in the 3rd quarter. Equitable Trust Co. now owns 68,254 shares of the semiconductor company’s stock valued at $5,738,000 after buying an additional 12,916 shares during the last quarter. Lombard Odier Asset Management USA Corp grew its holdings in Marvell Technology by 60.5% in the 3rd quarter. Lombard Odier Asset Management USA Corp now owns 32,032 shares of the semiconductor company’s stock valued at $2,693,000 after buying an additional 12,076 shares during the last quarter. Finally, Jain Global LLC increased its position in Marvell Technology by 189.6% in the 3rd quarter. Jain Global LLC now owns 443,538 shares of the semiconductor company’s stock worth $37,288,000 after buying an additional 290,402 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

Key Stories 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 Price Performance

Shares of Marvell Technology stock opened at $310.58 on Monday. The firm has a market cap of $271.70 billion, a P/E ratio of 106.36, a price-to-earnings-growth ratio of 2.03 and a beta of 2.29. The firm’s 50-day simple moving average is $201.51 and its 200-day simple moving average is $127.06. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Sandeep Bharathi sold 66,892 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total transaction 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. This trade represents a 54.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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, CFO Willem A. Meintjes sold 30,000 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $134.01, for a total value of $4,020,300.00. Following the completion of the sale, the chief financial officer directly owned 154,111 shares in the company, valued at approximately $20,652,415.11. This represents a 16.29% decrease in their position. 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 in the last 90 days. 0.12% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

MRVL has been the subject of a number of research analyst reports. Citigroup upped their price target on Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Melius Research set a $220.00 price objective on shares of Marvell Technology in a research note on Monday, May 18th. Evercore reiterated an “outperform” rating and set a $155.00 target price on shares of Marvell Technology in a research note on Tuesday, May 19th. Oppenheimer raised their price target on shares of Marvell Technology from $200.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Finally, Barclays upped their price objective on shares of Marvell Technology from $150.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and an average target price of $228.71.

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.