Korea Investment CORP Reduces Stock Position in Marvell Technology, Inc. $MRVL

Korea Investment CORP lessened its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 35.1% during the third quarter, Holdings Channel.com reports. The fund owned 469,469 shares of the semiconductor company’s stock after selling 253,931 shares during the period. Korea Investment CORP’s holdings in Marvell Technology were worth $39,468,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. First Trust Advisors LP boosted its holdings in shares of Marvell Technology by 10.8% during the third quarter. First Trust Advisors LP now owns 1,397,155 shares of the semiconductor company’s stock worth $117,459,000 after purchasing an additional 136,655 shares during the period. DCF Advisers LLC increased its holdings in Marvell Technology by 8.7% during the 3rd quarter. DCF Advisers LLC now owns 34,250 shares of the semiconductor company’s stock valued at $2,879,000 after purchasing an additional 2,750 shares during the period. Per Stirling Capital Management LLC. bought a new position in Marvell Technology during the 3rd quarter valued at approximately $209,000. Gamco Investors INC. ET AL bought a new position in Marvell Technology during the 3rd quarter valued at approximately $296,000. Finally, Aptus Capital Advisors LLC lifted its holdings in Marvell Technology by 1.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 48,474 shares of the semiconductor company’s stock worth $4,075,000 after buying an additional 715 shares during the period. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Performance

Shares of MRVL opened at $92.65 on Tuesday. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The stock has a market cap of $80.72 billion, a P/E ratio of 30.08, a P/E/G ratio of 0.74 and a beta of 1.97. The business’s 50 day moving average price is $81.44 and its 200-day moving average price is $82.27. Marvell Technology, Inc. has a 52 week low of $47.08 and a 52 week high of $102.77.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Marvell Technology had a return on equity of 14.40% and a net margin of 32.58%.The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.21 billion. During the same quarter in the previous year, the business earned $0.60 earnings per share. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Equities research analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Stockholders of record on Friday, January 9th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, January 9th. Marvell Technology’s payout ratio is currently 7.79%.

Analysts Set New Price Targets

MRVL has been the topic of several research analyst reports. Craig Hallum boosted their target price on Marvell Technology from $141.00 to $164.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley raised their price target on Marvell Technology from $95.00 to $103.00 and gave the stock an “equal weight” rating in a research note on Friday. Evercore reiterated an “outperform” rating and issued a $133.00 price target on shares of Marvell Technology in a report on Wednesday, March 4th. Weiss Ratings restated a “hold (c)” rating on shares of Marvell Technology in a report on Monday, December 29th. Finally, UBS Group raised their target price on shares of Marvell Technology from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $117.24.

Insider Activity

In related news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $93.08, for a total value of $465,400.00. Following the transaction, the executive vice president owned 19,418 shares in the company, valued at $1,807,427.44. The trade was a 20.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.33% of the stock is currently owned by corporate insiders.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Beat-and-raise earnings: Q4 beat revenue and EPS expectations and management lifted FY2027/FY2028 guidance sharply, citing 40% FY2027 data‑center growth and large AI design wins — a primary driver of the rally. Marvell’s Big Earnings Win Could Be the Start of Something Bigger
• Positive Sentiment: Product & capacity push for hyperscale AI: Marvell launched 1.6Tb ZR/ZR+ optical interconnects and proprietary 2nm DSPs for AI/cloud networking and is expanding manufacturing to meet demand — reinforces the revenue mix shift into high‑growth AI connectivity. Marvell Targets Hyperscale AI With 1.6 Terabit Optical Push
• Positive Sentiment: Analyst upgrades and higher price targets: Multiple firms have upgraded MRVL or raised targets after the results (Benchmark, BofA, KGI and several price‑target bumps reported), providing buy‑side validation and support. Marvell Technology (NASDAQ:MRVL) Upgraded at Benchmark
• Positive Sentiment: Positive media/celebrity endorsement: Jim Cramer and several bullish writeups are highlighting the company as an AI growth story and “hidden gem,” which can amplify retail/inflow into the stock. Jim Cramer on Marvell: “It Was a Quarter Where Management Made a Much More Credible Case That Its AI-Related Revenue Base Is Simply Exploding”
• Neutral Sentiment: Industry comparisons: MRVL appears on lists of potential “next Nvidia” AI plays, attracting attention but also elevating expectations (not a valuation endorsement). 5 AI Stocks That Could Be the Next Nvidia — Before Wall Street Figures It Out
• Neutral Sentiment: Unusual options activity noted post‑earnings — can signal speculative positioning that increases short‑term volatility. Marvell Technology Target of Unusually High Options Trading (NASDAQ:MRVL)
• Negative Sentiment: Competitive / sell‑side caution: Morgan Stanley favored Broadcom as its top AI chip play for 2026, highlighting competition and alternative capital flows away from Marvell. Morgan Stanley Picks Broadcom Over Marvell — Calls It “Top AI Chip Play” for 2026
• Negative Sentiment: Valuation and macro risks: Commentary notes MRVL’s premium valuation after the rally and broader market headwinds (rising yields, oil) that could pressure high‑growth semiconductors. MRVL Surges 18.4% Post Q4 Earnings: Time to Hold or Fold the Stock?

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.