Meridian Wealth Management LLC Acquires 3,317 Shares of Marvell Technology, Inc. $MRVL

Meridian Wealth Management LLC raised its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 11.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 31,239 shares of the semiconductor company’s stock after buying an additional 3,317 shares during the quarter. Meridian Wealth Management LLC’s holdings in Marvell Technology were worth $2,655,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Marvell Technology by 23.5% during the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock valued at $6,692,830,000 after purchasing an additional 15,166,976 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of Marvell Technology by 1,292.1% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 389,809 shares of the semiconductor company’s stock valued at $32,656,000 after purchasing an additional 361,807 shares in the last quarter. Triasima Portfolio Management inc. bought a new position in shares of Marvell Technology during the third quarter valued at about $1,426,000. Robeco Schweiz AG lifted its position in shares of Marvell Technology by 1.4% during the third quarter. Robeco Schweiz AG now owns 973,765 shares of the semiconductor company’s stock valued at $81,864,000 after purchasing an additional 12,977 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co lifted its position in shares of Marvell Technology by 25.4% during the fourth quarter. Varma Mutual Pension Insurance Co now owns 158,588 shares of the semiconductor company’s stock valued at $13,477,000 after purchasing an additional 32,130 shares in the last quarter. 83.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

MRVL has been the topic of a number of recent analyst reports. Needham & Company LLC dropped their price target on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a research report on Tuesday, February 3rd. Evercore reissued an “outperform” rating and set a $133.00 price target on shares of Marvell Technology in a research report on Wednesday, March 4th. Royal Bank Of Canada reissued an “outperform” rating and set a $170.00 price target on shares of Marvell Technology in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $120.00 price target on shares of Marvell Technology in a research report on Tuesday, February 10th. Finally, Erste Group Bank assumed coverage on shares of Marvell Technology in a report on Thursday, April 2nd. They set a “buy” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.00.

Marvell Technology Stock Performance

NASDAQ MRVL opened at $164.50 on Wednesday. Marvell Technology, Inc. has a 52-week low of $58.61 and a 52-week high of $175.80. The company has a 50-day simple moving average of $119.26 and a 200 day simple moving average of $96.85. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. The company has a market capitalization of $143.85 billion, a PE ratio of 53.41, a price-to-earnings-growth ratio of 1.55 and a beta of 2.25.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter last year, the company posted $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. On average, research analysts predict that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were paid a $0.06 dividend. The ex-dividend date was Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is presently 7.79%.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell’s AI narrative got another boost after a report said Nvidia’s latest moves could validate Marvell’s role in AI infrastructure, reinforcing investor confidence in the company’s long-term growth story. Article Title
• Positive Sentiment: Marvell announced the acquisition of Polariton Technologies, a move that should strengthen its optical and silicon photonics portfolio and help support higher-speed data center products as AI demand grows. Article Title
• Positive Sentiment: Forbes highlighted Marvell as a possible beneficiary of continued AI infrastructure spending, with the stock’s strong year-to-date performance reflecting renewed market enthusiasm for semiconductor names tied to AI buildout. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful change, suggesting bearish positioning is not a major new driver for the stock right now.
• Neutral Sentiment: Broader semiconductor headlines around peers like Qualcomm and Astera Labs point to continued sector strength, which may be supporting investor sentiment toward Marvell as part of the AI chip trade. Article Title
• Negative Sentiment: Despite the upbeat AI backdrop, the stock fell more sharply than the broader market in the latest session, likely reflecting a cooling-off period after its powerful rally and investor caution around stretched expectations. Article Title

Insider Transactions at Marvell Technology

In other news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $110.24, for a total value of $1,102,400.00. Following the completion of the transaction, the chief operating officer owned 133,870 shares in the company, valued at $14,757,828.80. This trade represents a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the completion of the transaction, the executive vice president owned 4,023 shares of the company’s stock, valued at $430,501.23. The trade was a 72.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 233,560 shares of company stock valued at $27,870,662. 0.33% of the stock is currently owned by insiders.

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.