BI Asset Management Fondsmaeglerselskab A S Has $3.06 Million Holdings in Marvell Technology, Inc. $MRVL

BI Asset Management Fondsmaeglerselskab A S lessened its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 72.0% during the first quarter, HoldingsChannel.com reports. The fund owned 30,894 shares of the semiconductor company’s stock after selling 79,509 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Marvell Technology were worth $3,060,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Uhlmann Price Securities LLC bought a new position in shares of Marvell Technology in the first quarter worth about $203,000. Diversified Trust Co boosted its stake in shares of Marvell Technology by 3.2% in the 1st quarter. Diversified Trust Co now owns 33,253 shares of the semiconductor company’s stock valued at $3,294,000 after purchasing an additional 1,033 shares in the last quarter. Westmount Partners LLC bought a new stake in shares of Marvell Technology during the 1st quarter valued at approximately $1,323,000. Aspen Investment Management Inc grew its holdings in shares of Marvell Technology by 8.4% during the 1st quarter. Aspen Investment Management Inc now owns 8,493 shares of the semiconductor company’s stock valued at $841,000 after purchasing an additional 656 shares during the last quarter. Finally, Old North State Trust LLC increased its position in Marvell Technology by 14.0% during the 4th quarter. Old North State Trust LLC now owns 5,702 shares of the semiconductor company’s stock worth $485,000 after purchasing an additional 701 shares in the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total transaction of $667,359.03. Following the transaction, the insider directly owned 55,530 shares in the company, valued at approximately $16,610,688.90. This represents a 3.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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, CFO Willem A. Meintjes sold 4,000 shares of Marvell Technology stock in a transaction on Friday, May 15th. The shares were sold at an average price of $175.24, for a total transaction of $700,960.00. Following the completion of the sale, the chief financial officer owned 226,675 shares of the company’s stock, valued at $39,722,527. This represents a 1.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 257,291 shares of company stock valued at $32,627,131 over the last ninety days. Insiders own 0.12% of the company’s stock.

Marvell Technology Trading Down 0.9%

NASDAQ:MRVL opened at $307.86 on Tuesday. The firm’s fifty day moving average is $205.26 and its 200-day moving average is $128.57. 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, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The firm has a market cap of $269.32 billion, a P/E ratio of 105.43, a P/E/G ratio of 2.03 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting 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 analysts’ expectations of $2.41 billion. During the same quarter in the prior year, the firm 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. Equities analysts expect that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Analysts Set New Price Targets

MRVL has been the topic of a number of research reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $240.00 target price on shares of Marvell Technology in a research note on Friday, June 12th. Benchmark increased their price target on Marvell Technology from $130.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Roth Mkm raised their price objective on Marvell Technology from $135.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Zacks Research raised Marvell Technology from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, Compass Point set a $190.00 price objective on Marvell Technology in a research report on Tuesday, May 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average target price of $228.71.

More Marvell Technology News

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

• Positive Sentiment: Analysts have been raising price targets on Marvell, with KeyBanc lifting its target to $385 from $260 and keeping an Overweight rating, citing strong AI demand and data-center growth. Here’s What the Street is Saying About Marvell Technology (MRVL)
• Positive Sentiment: Several reports say Marvell’s AI-related products and exposure to cloud infrastructure could support continued upside, with one article arguing the stock may still be undervalued despite its sharp run-up this year. Marvell Technology Stock Has Skyrocketed, But Could MRVL Be Worth 24% More?
• Positive Sentiment: Investors are also reacting to continued optimism around Marvell’s role in Nvidia’s supply chain, with commentary suggesting the company could be a major long-term AI winner as data-center upgrades accelerate. The Next $1 Trillion AI Winner May Already Be Hiding Inside Nvidia’s Supply Chain
• Positive Sentiment: Marvell’s latest product news, including a 102.4 Tbps switch and more than 5 million photonic shipments, reinforces the bull case that the company is gaining share in next-generation AI and cloud infrastructure. Marvell (MRVL) Unveils 102.4 Tbps Switch As Photonic Shipments Pass 5 Million
• Neutral Sentiment: Other articles mostly reinforced the stock’s big 2026 rally and compared it with Broadcom and Micron, but did not add a clear new catalyst beyond continued enthusiasm for AI-related growth. The Real Price Of Admission For Broadcom Stock

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.