641,955 Shares in Marvell Technology, Inc. $MRVL Bought by Cibc World Market Inc.

Cibc World Market Inc. acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVLFree Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 641,955 shares of the semiconductor company’s stock, valued at approximately $191,232,000. Cibc World Market Inc. owned 0.07% of Marvell Technology at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of MRVL. Laurel Wealth Advisors LLC bought a new stake in shares of Marvell Technology during the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC increased its holdings in Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 225 shares in the last quarter. Jessup Wealth Management Inc purchased a new stake in Marvell Technology in the 4th quarter valued at $25,000. Cherry Tree Wealth Management LLC bought a new position in shares of Marvell Technology during the fourth quarter valued at about $26,000. Finally, C M Bidwell & Associates Ltd. bought a new position in shares of Marvell Technology during the 2nd quarter worth approximately $27,000. Institutional investors own 83.51% of the company’s stock.

Insider Buying and Selling

In related news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total value of $1,805,000.00. Following the transaction, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at approximately $41,143,350.50. This trade represents a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $236.08, for a total transaction of $1,770,600.00. Following the sale, the chief executive officer owned 783,186 shares in the company, valued at approximately $184,894,550.88. The trade was a 0.95% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 41,981 shares of company stock valued at $9,753,132. Company insiders own 0.12% of the company’s stock.

Marvell Technology Price Performance

MRVL stock opened at $237.04 on Monday. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. The firm has a market cap of $207.36 billion, a PE ratio of 81.18, a price-to-earnings-growth ratio of 1.48 and a beta of 2.24. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88. The business has a 50 day moving average of $233.73 and a 200 day moving average of $171.69.

Marvell Technology (NASDAQ:MRVLGet Free Report) last issued its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $2.42 billion for 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 business’s revenue was up 27.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, research analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, July 10th. Marvell Technology’s payout ratio is currently 8.22%.

Trending Headlines about Marvell Technology

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

  • Positive Sentiment: Marvell’s expanded agreement with Alphabet’s Google covers custom silicon tied to Google’s Tensor Processing Unit ecosystem, including inference accelerators, storage and networking products, and memory controllers. Analysts view the deal as a major validation of Marvell’s AI infrastructure strategy and a potential long-term growth catalyst. Marvell Constructs an AI Moat With Alphabet Warrants
  • Positive Sentiment: The agreement could generate as much as $120 billion in cumulative Google-related chip purchases through fiscal 2033 if all milestones are reached. JPMorgan, Wedbush, Stifel, William Blair and RBC remain constructive, with RBC reaffirming an Outperform rating and a $360 price target. Marvell’s Google AI Deal Could Unlock a $120 Billion Opportunity
  • Neutral Sentiment: Investor attention is shifting to Marvell’s August 27 earnings report. The options market implies a potentially large post-earnings move, while analysts expect continued data-center momentum and possible upside to guidance. Marvell Stock Could Swing More Than 12% on Earnings
  • Negative Sentiment: The primary pressure is potential dilution. Marvell granted Google warrants for approximately 58.97 million shares—roughly 6% to 7% of shares outstanding—with most warrants vesting in tranches tied to Google purchases. Although the structure links dilution to future revenue, investors are focusing on the near-term increase in share count and uncertainty over whether the full $120 billion opportunity will materialize. Google’s Marvell Warrant Does Not Fully Vest Until Google Buys $120 Billion of Chips
  • Negative Sentiment: Valuation concerns have intensified after Marvell’s sharp rally. With a high earnings multiple, the stock needs strong execution and raised guidance to justify expectations. Competition with Broadcom and other potential Google silicon suppliers also makes the revenue outlook less certain. Marvell Stock Forecast: Valuation Concerns Persist Ahead of Earnings

Wall Street Analysts Forecast Growth

MRVL has been the topic of a number of research analyst reports. B. Riley Financial reissued a “buy” rating on shares of Marvell Technology in a report on Wednesday. Raymond James Financial restated a “strong-buy” rating on shares of Marvell Technology in a research note on Wednesday. Barclays restated an “overweight” rating on shares of Marvell Technology in a research report on Thursday. Wells Fargo & Company upped their target price on shares of Marvell Technology from $195.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Finally, BMO Capital Markets assumed coverage on Marvell Technology in a report on Thursday. They issued an “outperform” rating and a $250.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $253.61.

Get Our Latest Report on Marvell Technology

Marvell Technology Company Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

Receive News & Ratings for Marvell Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marvell Technology and related companies with MarketBeat.com's FREE daily email newsletter.