351,247 Shares in Marvell Technology, Inc. $MRVL Bought by Man Group plc

Man Group plc bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 351,247 shares of the semiconductor company’s stock, valued at approximately $104,633,000.

Several other hedge funds have also bought and sold shares of MRVL. Intech Investment Management LLC lifted its position in shares of Marvell Technology by 3.9% during the 1st quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock valued at $1,772,000 after buying an additional 1,085 shares in the last quarter. Baird Financial Group Inc. increased its holdings in Marvell Technology by 22.7% in the 2nd quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock worth $1,348,000 after acquiring an additional 3,221 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Marvell Technology during the 2nd quarter worth approximately $354,000. Treasurer of the State of North Carolina raised its stake in Marvell Technology by 3.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock worth $31,256,000 after acquiring an additional 11,572 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in Marvell Technology by 1.0% during the second quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock valued at $31,855,000 after purchasing an additional 4,060 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

More Marvell Technology News

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

• Positive Sentiment: Google custom-chip agreement boosts AI expectations. Articles highlighted Marvell’s reported agreement with Google, including approximately $12.19 billion in share warrants, as evidence that the company is gaining traction as a hyperscaler custom-AI-chip partner. The deal could improve customer diversification and provide growth tied to future Google TPU deployments. Marvell Is Partnering With Google to Create Custom Chips
• Positive Sentiment: Analysts raised targets ahead of earnings. Susquehanna lifted its price target from $230 to $265 with a positive rating, while Rosenblatt raised its target from $240 to $300 and retained a buy rating. Wells Fargo has also reportedly set a $310 target, reflecting expectations for continued AI networking and data-center growth. Susquehanna Raises Marvell Target
• Positive Sentiment: Strong results and guidance are anticipated. Wall Street expects roughly $0.93 in adjusted EPS on $2.7 billion of revenue for fiscal Q2 2027. Investors are also speculating that Marvell could raise its outlook again, following previous guidance increases and ongoing demand for custom chips, networking products, and data-center infrastructure. Marvell AI-Fueled Rally Preview
• Neutral Sentiment: Earnings volatility is likely to remain high. Options traders are pricing in an unusually large move around the August 27 report, making the earnings release and management’s commentary on the Google partnership particularly important for near-term direction. Marvell Options Traders Expect a Large Earnings Move
• Negative Sentiment: Valuation and execution risks remain. Analysts cautioned that MRVL’s sharp 2026 rally has left the stock priced for strong execution. Competition in custom silicon and networking, the need for Google deal details, and potential dilution from the warrants could limit gains if results or guidance disappoint. Marvell Stock Has Run Ahead of Fundamentals

Insider Activity at Marvell Technology

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the transaction, the chief operating officer owned 227,941 shares of the company’s stock, valued at $41,143,350.50. This represents a 4.20% decrease in their position. 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, CFO Daniel Durn sold 2,250 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total transaction of $632,272.50. Following the transaction, the chief financial officer directly owned 6,902 shares of the company’s stock, valued at $1,939,531.02. This trade represents a 24.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 41,981 shares of company stock valued at $9,753,132. Insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

MRVL has been the subject of a number of recent analyst reports. Citigroup upped their price target on shares of Marvell Technology from $225.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday. Morgan Stanley raised their price objective on shares of Marvell Technology from $195.00 to $224.00 and gave the company an “equal weight” rating in a research report on Monday. Royal Bank Of Canada restated an “outperform” rating and set a $360.00 target price on shares of Marvell Technology in a research note on Thursday, August 20th. KeyCorp upped their target price on shares of Marvell Technology from $385.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, Erste Group Bank lowered Marvell Technology from a “buy” rating to a “hold” rating in a research note on Wednesday, July 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and an average price target of $258.42.

Marvell Technology Trading Up 4.8%

MRVL stock opened at $240.38 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $329.88. The business has a 50 day simple moving average of $231.37 and a two-hundred day simple moving average of $173.94. The company has a market capitalization of $210.28 billion, a price-to-earnings ratio of 82.32, a PEG ratio of 1.43 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. 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 business posted $0.62 earnings per share. The company’s revenue for the quarter was up 27.6% compared to the same quarter last year. Research analysts anticipate that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

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