Marvell Technology, Inc. $MRVL Shares Sold by Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. lowered its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 3.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,648 shares of the semiconductor company’s stock after selling 3,413 shares during the period. Marvell Technology makes up approximately 0.6% of Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.’s portfolio, making the stock its 28th largest position. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.’s holdings in Marvell Technology were worth $7,193,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth approximately $25,000. Jessup Wealth Management Inc acquired a new stake in shares of Marvell Technology during the 4th quarter worth approximately $25,000. Cherry Tree Wealth Management LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth approximately $26,000. Elyxium Wealth LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth approximately $40,000. Finally, Strive Asset Management LLC acquired a new stake in Marvell Technology in the 3rd quarter valued at approximately $42,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Evercore reiterated an “outperform” rating and issued a $155.00 target price on shares of Marvell Technology in a report on Tuesday, May 19th. Morgan Stanley lifted their target price on shares of Marvell Technology from $172.00 to $195.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Benchmark lifted their target price on shares of Marvell Technology from $130.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Susquehanna lifted their target price on shares of Marvell Technology from $100.00 to $230.00 and gave the company a “positive” rating in a report on Tuesday, May 26th. Finally, Rosenblatt Securities lifted their target price on shares of Marvell Technology from $190.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average price target of $218.58.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell is set to join the S&P 500, a milestone that can boost demand from index funds and increase the stock’s visibility with large institutional investors. Why Marvell Technology (MRVL) Stock Is Up Today
• Positive Sentiment: Nvidia CEO Jensen Huang’s comments calling Marvell a potential trillion-dollar AI company are reinforcing the market’s long-term growth narrative around Marvell’s role in AI networking and custom silicon. Jensen Huang Just Delivered Fantastic News to Marvell Stock Investors
• Positive Sentiment: Analyst and commentary pieces continue to highlight strong AI data center demand, including Marvell’s traction with hyperscale customers and expanding need for faster networking and lower latency. Can Marvell Technology Sustain Its AI Data Center Growth Momentum?
• Neutral Sentiment: Despite beating earnings and reaffirming strong revenue growth, the stock has been volatile because expectations are already high after a huge rally, leading some commentators to label the shares stretched or only a hold at current levels. Up Nearly 200% Year-to-Date: 1 Blinking Red Light That Makes Marvell Technology Stock a Hold at $289
• Negative Sentiment: Recent weakness appears tied to a broader tech sell-off and profit-taking in AI/chip stocks, with Marvell caught up in the sector’s reversal even after positive company-specific news. Why Is Marvell Technology Stock Falling Wednesday?
• Negative Sentiment: Investors are also reacting to fears that the AI trade may be crowded, with reports noting that chip stocks like Marvell have sold off sharply during the broader rotation out of semiconductor names. Micron, Marvell lead chip stocks lower in AI trade reversal

Insiders Place Their Bets

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction on 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. The trade was a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 30,000 shares of the business’s stock in a transaction on Thursday, March 26th. The stock was sold at an average price of $98.70, for a total transaction of $2,961,000.00. Following the completion of the transaction, the chief executive officer owned 310,106 shares of the company’s stock, valued at approximately $30,607,462.20. This trade represents a 8.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 255,060 shares of company stock valued at $31,959,772. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Stock Performance

NASDAQ:MRVL opened at $252.59 on Thursday. The company has a fifty day simple moving average of $175.40 and a two-hundred day simple moving average of $116.79. The company has a market cap of $220.97 billion, a price-to-earnings ratio of 86.50, a price-to-earnings-growth ratio of 1.75 and a beta of 2.29. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $324.20.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company’s quarterly revenue was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities analysts anticipate that Marvell Technology, Inc. will post 3.08 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders 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 payout ratio is 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.