HB Wealth Management LLC Grows Stock Holdings in Marvell Technology, Inc. $MRVL

HB Wealth Management LLC grew its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 16.6% in the 1st quarter, HoldingsChannel reports. The firm owned 20,971 shares of the semiconductor company’s stock after acquiring an additional 2,983 shares during the quarter. HB Wealth Management LLC’s holdings in Marvell Technology were worth $2,077,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Leelyn Smith LLC lifted its position in Marvell Technology by 2.6% in the 1st quarter. Leelyn Smith LLC now owns 23,259 shares of the semiconductor company’s stock worth $2,304,000 after buying an additional 582 shares during the last quarter. PFG Investments LLC raised its stake in shares of Marvell Technology by 23.4% during the first quarter. PFG Investments LLC now owns 23,062 shares of the semiconductor company’s stock worth $2,284,000 after acquiring an additional 4,377 shares in the last quarter. Sierra Summit Advisors LLC purchased a new position in shares of Marvell Technology during the first quarter worth approximately $9,402,000. Private Advisor Group LLC lifted its holdings in shares of Marvell Technology by 1.0% in the 1st quarter. Private Advisor Group LLC now owns 132,827 shares of the semiconductor company’s stock worth $13,157,000 after acquiring an additional 1,327 shares during the last quarter. Finally, Optas LLC purchased a new stake in shares of Marvell Technology in the 1st quarter valued at $238,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, CFO Willem A. Meintjes sold 30,000 shares of the company’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 transaction, 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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, EVP Mark Casper sold 10,000 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $135.50, for a total transaction of $1,355,000.00. Following the completion of the sale, the executive vice president directly owned 35,878 shares of the company’s stock, valued at approximately $4,861,469. This represents a 21.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 160,373 shares of company stock worth $24,938,664. 0.12% of the stock is owned by corporate insiders.

More Marvell Technology News

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

• Positive Sentiment: Marvell is benefiting from reports that it is expanding its role in NVIDIA-linked AI infrastructure, which could strengthen its position in high-speed connectivity and custom chip markets. Marvell Technology (MRVL) Deepens NVIDIA Tie Up With NVLink Role In AI Infrastructure
• Positive Sentiment: UBS raised its price target on Marvell to $340 and reiterated a Buy rating, reinforcing bullish sentiment after the stock’s strong run. Broadcom or Marvell: One AI Chip Stock Is a Buy, the Other Looks Too Expensive
• Positive Sentiment: Commentary over the past day has highlighted Marvell as a growing AI play with “trillion-dollar ambitions,” helping sustain momentum in the shares. Marvell Technology Has Trillion-Dollar Ambitions. Here Is What the Timeline Could Look Like.
• Neutral Sentiment: Recent “best buy” comparisons against Credo Technology and other chip peers have kept Marvell in the spotlight, but these pieces are more about valuation and positioning than a direct catalyst. Credo Technology Group vs. Marvell Technology: Which Technology Stock Is a Better Buy in 2026?
• Neutral Sentiment: Broader chip-sector rebound talk and “buy the dip” sentiment may be adding support, but this is a sector-wide tailwind rather than Marvell-specific news. Buy the Chip Stocks Dip but Beware These ‘AI Cannibalization’ Trades, J.P. Morgan Says

Marvell Technology Stock Performance

Marvell Technology stock opened at $249.27 on Tuesday. The firm has a 50-day moving average of $230.60 and a 200-day moving average of $141.09. The firm has a market cap of $218.06 billion, a P/E ratio of 85.37, a P/E/G ratio of 1.61 and a beta of 2.20. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $329.88.

Marvell Technology (NASDAQ:MRVL) last issued 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 for the quarter, compared to analyst estimates of $2.41 billion. During the same period last year, the company earned $0.62 EPS. 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. Sell-side analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts recently commented on MRVL shares. Susquehanna lifted their target price on shares of Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a research report on Tuesday, May 26th. Compass Point set a $190.00 price target on shares of Marvell Technology in a research report on Tuesday, May 26th. Raymond James Financial set a $235.00 price objective on Marvell Technology and gave the stock a “strong-buy” rating in a report on Thursday, May 28th. William Blair reissued an “outperform” rating on shares of Marvell Technology in a research note on Thursday, May 28th. Finally, Jefferies Financial Group raised their price target on Marvell Technology from $149.00 to $235.00 and gave the stock a “buy” rating in a research report 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 company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $244.97.

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.