Gunderson Capital Management Inc. Makes New $2.84 Million Investment in Marvell Technology, Inc. $MRVL

Gunderson Capital Management Inc. purchased a new position in Marvell Technology, Inc. (NASDAQ:MRVL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 33,783 shares of the semiconductor company’s stock, valued at approximately $2,840,000.

Other institutional investors also recently modified their holdings of the company. Norges Bank purchased a new position in Marvell Technology in the 2nd quarter worth about $716,713,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of Marvell Technology by 4,758.5% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,036,216 shares of the semiconductor company’s stock worth $544,603,000 after acquiring an additional 6,891,393 shares during the period. Amundi raised its holdings in shares of Marvell Technology by 113.4% during the second quarter. Amundi now owns 8,648,350 shares of the semiconductor company’s stock valued at $642,140,000 after purchasing an additional 4,596,309 shares during the last quarter. Franklin Resources Inc. lifted its position in Marvell Technology by 112.4% during the second quarter. Franklin Resources Inc. now owns 8,097,620 shares of the semiconductor company’s stock valued at $626,756,000 after purchasing an additional 4,285,330 shares during the period. Finally, Aspex Management HK Ltd bought a new position in Marvell Technology during the second quarter valued at approximately $324,736,000. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology Stock Performance

NASDAQ:MRVL opened at $88.23 on Wednesday. The stock has a 50-day simple moving average of $87.85 and a two-hundred day simple moving average of $80.52. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $127.48. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.01. The firm has a market capitalization of $74.83 billion, a PE ratio of 30.96, a P/E/G ratio of 0.87 and a beta of 1.95.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.74 by $0.02. The firm had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.06 billion. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The business’s revenue for the quarter was up 36.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Friday, January 9th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $0.24 annualized dividend and a yield of 0.3%. Marvell Technology’s payout ratio is currently 8.42%.

Marvell Technology announced that its Board of Directors has initiated a share buyback program on Wednesday, September 24th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the semiconductor company to buy up to 7.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its stock is undervalued.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Melius Research upgraded MRVL to a Buy with a $135 price target, citing accelerating custom‑silicon demand and upside from AI/data‑center exposure. This increases buy‑side analyst momentum. Melius Sets $135 Target on Marvell (MRVL)
• Positive Sentiment: Analyst and trade commentaries argue MRVL remains well positioned in the AI data path and as a beneficiary of rising memory and data‑center spend — supporting a constructive medium‑term thesis. Marvell Technology: The AI Data Path Trade After GPU Excess
• Positive Sentiment: Zacks and other outlets highlight Marvell’s strong revenue growth, AI exposure and partnerships as valuation support, arguing the stock can justify a premium multiple. Is MRVL Stock a Buy, Sell or Hold at a P/S Multiple of 7.67X?
• Neutral Sentiment: Marvell announced it will acquire networking equipment provider XConn Technologies for about $540M to expand AI/data‑center connectivity — a strategic fit that beefs up hardware offerings. The deal is modest relative to Marvell’s market cap but adds capabilities. Marvell to buy networking equipment firm XConn in $540 million deal
• Negative Sentiment: Markets sold MRVL stock after the XConn announcement — investors may be taking profits, concerned about near‑term dilution/integration risk, or deeming the cash/outlay unnecessary given Marvell’s recent run. That reaction pushed shares lower and drove above‑average volume. Marvell stock falls after announcing XConn Technologies acquisition

Analyst Upgrades and Downgrades

MRVL has been the subject of a number of research reports. TD Cowen boosted their target price on shares of Marvell Technology from $90.00 to $100.00 and gave the company a “hold” rating in a research note on Wednesday, December 3rd. Summit Insights raised Marvell Technology from a “hold” rating to a “buy” rating in a report on Wednesday, December 3rd. Cowen reiterated a “hold” rating on shares of Marvell Technology in a research report on Wednesday, December 3rd. Zacks Research raised Marvell Technology from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 5th. Finally, UBS Group set a $100.00 price target on Marvell Technology in a research note on Wednesday, December 3rd. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $115.25.

Insider Buying and Selling at Marvell Technology

In other news, EVP Mark Casper sold 1,253 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $101.00, for a total value of $126,553.00. Following the completion of the sale, the executive vice president directly owned 9,023 shares of the company’s stock, valued at $911,323. This represents a 12.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.33% of the stock is currently owned by insiders.

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.