Lombard Odier Asset Management USA Corp Sells 24,544 Shares of Marvell Technology, Inc. $MRVL

Lombard Odier Asset Management USA Corp reduced its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 76.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,488 shares of the semiconductor company’s stock after selling 24,544 shares during the quarter. Lombard Odier Asset Management USA Corp’s holdings in Marvell Technology were worth $636,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in Marvell Technology during the fourth quarter worth about $25,000. Jessup Wealth Management Inc bought a new position in Marvell Technology during the fourth quarter worth about $25,000. Cherry Tree Wealth Management LLC bought a new position in Marvell Technology during the fourth quarter worth about $26,000. Ankerstar Wealth LLC bought a new position in Marvell Technology during the fourth quarter worth about $34,000. Finally, Elyxium Wealth LLC bought a new position in Marvell Technology during the fourth quarter worth about $40,000. 83.51% of the stock is owned by institutional investors.

More Marvell Technology News

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

• Positive Sentiment: Investor optimism is being fueled by AI demand and bullish remarks that Marvell could play a major role in next-generation data-center and custom-chip programs, supporting the stock’s recent strength.
• Positive Sentiment: Wall Street analysts have been lifting or reiterating bullish price targets, including a notable upgrade to $345, which signals confidence in Marvell’s growth trajectory.
• Positive Sentiment: The company’s leadership update, including a new CFO, is being viewed as a potential positive for execution and financial discipline.
• Neutral Sentiment: Recent coverage says Marvell is a strong franchise and a major AI beneficiary, but investor focus is increasingly on whether the company can sustain the pace of growth already priced into the shares.
• Negative Sentiment: Some articles warn that Marvell may be “priced for perfection,” with the stock’s valuation requiring very strong revenue growth to keep justifying the rally.
• Negative Sentiment: Broader tech-sector weakness and afternoon selling in semiconductor names may be adding some pressure, even as Marvell-specific sentiment remains constructive.

Insider Buying and Selling at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $205.87, for a total transaction of $2,058,700.00. Following the sale, the chief operating officer owned 237,392 shares of the company’s stock, valued at approximately $48,871,891.04. This trade represents a 4.04% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Casper sold 10,000 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the sale, the executive vice president directly owned 35,878 shares in the company, valued at $4,861,469. The trade was a 21.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 255,060 shares of company stock worth $31,959,772 in the last three months. 0.12% of the stock is owned by insiders.

Marvell Technology Stock Performance

Shares of Marvell Technology stock opened at $278.67 on Wednesday. The firm has a fifty day moving average of $189.96 and a two-hundred day moving average of $122.53. The stock has a market capitalization of $243.78 billion, a price-to-earnings ratio of 95.43, a PEG ratio of 2.02 and a beta of 2.29. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $324.20. 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 (NASDAQ:MRVL) last issued its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business’s revenue for the quarter was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities research analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on MRVL shares. Evercore reissued an “outperform” rating and set a $155.00 price objective on shares of Marvell Technology in a report on Tuesday, May 19th. KeyCorp lifted their price target on shares of Marvell Technology from $130.00 to $260.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Erste Group Bank initiated coverage on shares of Marvell Technology in a report on Thursday, April 2nd. They set a “buy” rating for the company. HSBC set a $300.00 target price on shares of Marvell Technology and gave the company a “buy” rating in a research note on Tuesday, May 26th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $224.68.

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.