Amazon Com Inc. lifted its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 75.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 396,352 shares of the semiconductor company’s stock after purchasing an additional 170,924 shares during the period. Marvell Technology accounts for approximately 1.5% of Amazon Com Inc.’s investment portfolio, making the stock its 3rd biggest holding. Amazon Com Inc.’s holdings in Marvell Technology were worth $39,259,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in MRVL. State Street Corp boosted its stake in Marvell Technology by 7.9% in the 4th quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company’s stock valued at $1,940,503,000 after purchasing an additional 1,677,724 shares during the period. Geode Capital Management LLC increased its position in Marvell Technology by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 12,108,452 shares of the semiconductor company’s stock worth $1,025,185,000 after buying an additional 97,624 shares during the period. Norges Bank bought a new position in Marvell Technology during the 4th quarter worth $895,455,000. Van ECK Associates Corp lifted its holdings in shares of Marvell Technology by 11.4% during the fourth quarter. Van ECK Associates Corp now owns 9,864,514 shares of the semiconductor company’s stock worth $838,286,000 after buying an additional 1,007,315 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Marvell Technology by 9.7% during the fourth quarter. Northern Trust Corp now owns 6,798,272 shares of the semiconductor company’s stock worth $577,717,000 after buying an additional 598,920 shares in the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.
Key Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Some analysts remain constructive, with KeyBanc reaffirming a buy rating and Wall Street’s average price target still implying meaningful upside, suggesting the selloff may be driven more by sentiment than a deterioration in fundamentals. KeyBanc Reaffirms Their Buy Rating on Marvell (MRVL)
- Positive Sentiment: The company’s AI infrastructure business is still viewed as a major growth driver, with recent commentary highlighting record AI data center revenue and strong design wins, which could support the long-term stock story. Marvell Crashed Below $200: This Wall Street Firm Thinks It Doubles From Here
- Neutral Sentiment: Marvell’s AI bet remains the core investment thesis, with recent coverage saying the company is now largely a pure-play AI infrastructure story rather than a diversified chipmaker. Marvell Stock’s AI Bet Is Even Bigger Than You Think
- Neutral Sentiment: Several articles note that Marvell is attracting heavy investor attention, reflecting elevated trading interest and uncertainty around the stock’s next move. Marvell Technology, Inc. (MRVL) is Attracting Investor Attention: Here is What You Should Know
- Negative Sentiment: Erste Group downgraded Marvell to Hold on valuation concerns, which added pressure after a strong multi-month run in the stock. Marvell (MRVL) Stock Plunges 7% Following Analyst Downgrade
- Negative Sentiment: Broader semiconductor weakness is also weighing on MRVL, as fears of an AI capex slowdown and profit-taking hit chip stocks across the group, including peers like Broadcom, AMD, and Intel. Marvell Drops 8% as AI Capex Slowdown Fears Weigh on Chips; Broadcom, AMD, and Intel Slide
Analyst Ratings Changes
Read Our Latest Analysis on MRVL
Insider Buying and Selling
In other news, CFO Willem A. Meintjes sold 4,000 shares of the company’s stock in a transaction that occurred 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 approximately $39,722,527. This represents a 1.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 sale, the chief financial officer directly owned 6,902 shares of the company’s stock, valued at approximately $1,939,531.02. This trade represents a 24.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 45,981 shares of company stock worth $9,835,542. 0.12% of the stock is owned by company insiders.
Marvell Technology Stock Performance
MRVL opened at $188.30 on Friday. 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 $164.72 billion, a P/E ratio of 64.49, a price-to-earnings-growth ratio of 1.35 and a beta of 2.20. The business’s fifty day moving average is $240.15 and its 200-day moving average is $148.79.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted 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 return on equity of 13.83% and a net margin of 28.99%.The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the previous year, the firm earned $0.62 earnings per share. Marvell Technology’s revenue for the quarter 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 fiscal year.
Marvell Technology Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Friday, July 10th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is currently 8.22%.
About Marvell Technology
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.
See Also
- Five stocks we like better than Marvell Technology
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for Marvell Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marvell Technology and related companies with MarketBeat.com's FREE daily email newsletter.
