Marvell Technology, Inc. $MRVL Shares Sold by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS trimmed its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 1.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 454,239 shares of the semiconductor company’s stock after selling 7,700 shares during the period. KLP Kapitalforvaltning AS’s holdings in Marvell Technology were worth $38,188,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of MRVL. Ellsworth Advisors LLC bought a new stake in Marvell Technology during the third quarter worth approximately $5,864,000. Taylor Frigon Capital Management LLC lifted its stake in shares of Marvell Technology by 16.5% in the second quarter. Taylor Frigon Capital Management LLC now owns 33,605 shares of the semiconductor company’s stock worth $2,601,000 after buying an additional 4,748 shares during the last quarter. Waterfront Wealth Inc. boosted its holdings in shares of Marvell Technology by 21.5% during the 2nd quarter. Waterfront Wealth Inc. now owns 18,394 shares of the semiconductor company’s stock worth $1,424,000 after buying an additional 3,258 shares during the period. BOCHK Asset Management Ltd acquired a new position in Marvell Technology in the 2nd quarter valued at $1,486,000. Finally, Westbourne Investments Inc. raised its holdings in Marvell Technology by 442.4% in the 2nd quarter. Westbourne Investments Inc. now owns 21,695 shares of the semiconductor company’s stock worth $1,679,000 after acquiring an additional 17,695 shares during the period. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Marvell Technology Stock Performance

MRVL opened at $88.23 on Wednesday. The stock has a market cap of $74.83 billion, a PE ratio of 30.96, a P/E/G ratio of 0.87 and a beta of 1.95. The company has a current ratio of 2.01, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a 1 year low of $47.08 and a 1 year high of $127.48. The stock’s 50 day simple moving average is $87.85 and its 200-day simple moving average is $80.52.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.74 by $0.02. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The firm had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.06 billion. During the same period last year, the business earned $0.43 earnings per share. Marvell Technology’s quarterly revenue was up 36.8% compared to the same quarter last year. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Sell-side analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 29th. Stockholders of record on Friday, January 9th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, January 9th. Marvell Technology’s payout ratio is 8.42%.

Marvell Technology declared that its Board of Directors has initiated a share buyback program on Wednesday, September 24th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the semiconductor company to purchase up to 7.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MRVL. Melius upgraded shares of Marvell Technology from a “hold” rating to a “buy” rating and set a $135.00 price target for the company in a report on Monday. UBS Group set a $100.00 target price on Marvell Technology in a research note on Wednesday, December 3rd. Craig Hallum reaffirmed a “buy” rating and issued a $141.00 price target on shares of Marvell Technology in a research report on Wednesday, December 3rd. Barclays increased their price objective on Marvell Technology from $80.00 to $105.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 3rd. Finally, Morgan Stanley set a $112.00 price objective on shares of Marvell Technology in a research note on Wednesday, December 3rd. Four research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.25.

Insiders Place Their Bets

In related news, EVP Mark Casper sold 1,253 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $101.00, for a total value of $126,553.00. Following the completion of the transaction, the executive vice president owned 9,023 shares of the company’s stock, valued at $911,323. This represents a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.33% of the stock is currently owned by insiders.

Marvell Technology News Summary

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

• Positive Sentiment: Melius Research upgraded MRVL to a Buy with a $135 price target, citing accelerating custom‑silicon demand and upside from AI/data‑center exposure. This increases buy‑side analyst momentum. Melius Sets $135 Target on Marvell (MRVL)
• Positive Sentiment: Analyst and trade commentaries argue MRVL remains well positioned in the AI data path and as a beneficiary of rising memory and data‑center spend — supporting a constructive medium‑term thesis. Marvell Technology: The AI Data Path Trade After GPU Excess
• Positive Sentiment: Zacks and other outlets highlight Marvell’s strong revenue growth, AI exposure and partnerships as valuation support, arguing the stock can justify a premium multiple. Is MRVL Stock a Buy, Sell or Hold at a P/S Multiple of 7.67X?
• Neutral Sentiment: Marvell announced it will acquire networking equipment provider XConn Technologies for about $540M to expand AI/data‑center connectivity — a strategic fit that beefs up hardware offerings. The deal is modest relative to Marvell’s market cap but adds capabilities. Marvell to buy networking equipment firm XConn in $540 million deal
• Negative Sentiment: Markets sold MRVL stock after the XConn announcement — investors may be taking profits, concerned about near‑term dilution/integration risk, or deeming the cash/outlay unnecessary given Marvell’s recent run. That reaction pushed shares lower and drove above‑average volume. Marvell stock falls after announcing XConn Technologies acquisition

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.