Marvell Technology, Inc. $MRVL Shares Purchased by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA raised its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 48.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 53,656 shares of the semiconductor company’s stock after buying an additional 17,535 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in Marvell Technology were worth $4,560,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Laurel Wealth Advisors LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth about $25,000. Jessup Wealth Management Inc acquired a new stake in shares of Marvell Technology during the 4th quarter worth about $25,000. Cherry Tree Wealth Management LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth about $26,000. Ankerstar Wealth LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth about $34,000. Finally, Elyxium Wealth LLC acquired a new stake in shares of Marvell Technology during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on MRVL shares. William Blair restated an “outperform” rating on shares of Marvell Technology in a report on Thursday, May 28th. Raymond James Financial set a $235.00 price objective on Marvell Technology and gave the company a “strong-buy” rating in a research report on Thursday, May 28th. Benchmark lifted their price objective on Marvell Technology from $130.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Scotiabank started coverage on Marvell Technology in a research report on Tuesday, May 26th. They issued an “outperform” rating for the company. Finally, Royal Bank Of Canada lifted their price objective on Marvell Technology from $170.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $224.68.

Marvell Technology Price Performance

Shares of Marvell Technology stock opened at $278.67 on Wednesday. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $324.20. The stock has a market capitalization of $243.78 billion, a P/E ratio of 95.43, a PEG ratio of 2.02 and a beta of 2.29. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. The business’s fifty day moving average price is $189.96 and its 200 day moving average price is $122.53.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter last year, the firm earned $0.62 earnings per share. The firm’s revenue for the quarter was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Insider Transactions at Marvell Technology

In other Marvell Technology news, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $130.35, for a total transaction of $8,719,372.20. Following the transaction, the insider directly owned 55,199 shares of the company’s stock, valued at $7,195,189.65. The trade was a 54.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the transaction, the executive vice president directly owned 4,023 shares in the company, valued at approximately $430,501.23. This trade represents a 72.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 255,060 shares of company stock valued at $31,959,772 in the last ninety days. Company insiders own 0.12% of the company’s stock.

Marvell Technology News Summary

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.

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.