iA Global Asset Management Inc. Has $10.36 Million Stock Position in Marvell Technology, Inc. $MRVL

iA Global Asset Management Inc. cut its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 2.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 104,558 shares of the semiconductor company’s stock after selling 2,638 shares during the period. iA Global Asset Management Inc.’s holdings in Marvell Technology were worth $10,356,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of MRVL. Hilton Head Capital Partners LLC boosted its holdings in shares of Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 225 shares in the last quarter. Jessup Wealth Management Inc acquired a new position in Marvell Technology in the 4th quarter worth about $25,000. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology in the 4th quarter worth about $25,000. Cherry Tree Wealth Management LLC bought a new position in Marvell Technology in the fourth quarter valued at about $26,000. Finally, MidFirst Bank acquired a new stake in shares of Marvell Technology during the fourth quarter valued at about $28,000. 83.51% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Daniel Durn sold 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total transaction of $632,272.50. Following the transaction, the chief financial officer directly owned 6,902 shares of the company’s stock, valued at approximately $1,939,531.02. This represents a 24.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Willem A. Meintjes sold 4,000 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $175.24, for a total value of $700,960.00. Following the completion of the transaction, the chief financial officer owned 226,675 shares in the company, valued at approximately $39,722,527. The trade was a 1.73% 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. In the last three months, insiders sold 177,273 shares of company stock valued at $26,796,269. 0.12% of the stock is currently owned by corporate insiders.

Marvell Technology News Roundup

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

• Positive Sentiment: Wall Street commentary remains constructive, with recent pieces highlighting Marvell’s role in AI infrastructure, custom silicon, optics, and data-center connectivity. Despite Recent Stock Surge, Marvell Technology’s (MRVL) Best Days May Still Be Ahead
• Positive Sentiment: Analysts have continued to back the stock, including upgrades and higher earnings estimates, suggesting expectations are still rising after Marvell’s strong AI-quarter results. Marvell Technology Stock Page
• Positive Sentiment: Recent coverage also pointed to renewed enthusiasm around the broader custom AI chip market, which investors see as a tailwind for Marvell’s data-center business. Marvell gains as investors tie the company to a broader custom AI chip opportunity
• Neutral Sentiment: Marvell’s COO Chris Koopmans sold 10,000 shares under a pre-arranged 10b5-1 plan, a routine insider transaction that may still add to investor caution near recent highs. SEC Form 4 Filing
• Negative Sentiment: Several market updates noted MRVL dipping in premarket trading as investors rotated out of high-growth semiconductor names amid a softer broader market. What’s Going on With Marvell Technology Stock Wednesday?
• Negative Sentiment: Some recent commentary also questioned whether Marvell’s valuation has outrun fundamentals after its sharp rally, which can pressure the stock when momentum cools. Marvell (MRVL) Stock Looks Overvalued On Earnings But Strong On Returns

Marvell Technology Trading Down 8.7%

Shares of MRVL stock opened at $272.05 on Thursday. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week 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. The stock has a 50 day simple moving average of $225.29 and a two-hundred day simple moving average of $137.66. The company has a market cap of $237.99 billion, a P/E ratio of 93.17, a PEG ratio of 1.95 and a beta of 2.19.

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

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio is currently 8.22%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Wells Fargo & Company boosted their price target on Marvell Technology from $195.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. B. Riley Financial lifted their target price on shares of Marvell Technology from $240.00 to $345.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Evercore reissued an “outperform” rating and set a $155.00 target price on shares of Marvell Technology in a report on Tuesday, May 19th. Zacks Research upgraded shares of Marvell Technology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Finally, Needham & Company LLC raised their price target on shares of Marvell Technology from $118.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $239.81.

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.