State of New Jersey Common Pension Fund D Acquires 9,487 Shares of Marvell Technology, Inc. $MRVL

State of New Jersey Common Pension Fund D increased its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 3.3% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 301,094 shares of the semiconductor company’s stock after buying an additional 9,487 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Marvell Technology were worth $25,313,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its stake in Marvell Technology by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 64,443,232 shares of the semiconductor company’s stock valued at $4,987,906,000 after buying an additional 673,110 shares during the last quarter. Brown Advisory Inc. grew its holdings in shares of Marvell Technology by 8.0% in the second quarter. Brown Advisory Inc. now owns 20,840,336 shares of the semiconductor company’s stock worth $1,613,044,000 after acquiring an additional 1,539,809 shares during the period. State Street Corp increased its position in Marvell Technology by 2.7% during the second quarter. State Street Corp now owns 20,573,260 shares of the semiconductor company’s stock valued at $1,592,370,000 after acquiring an additional 533,946 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Marvell Technology by 16.4% in the second quarter. Ameriprise Financial Inc. now owns 10,406,875 shares of the semiconductor company’s stock valued at $805,473,000 after acquiring an additional 1,464,571 shares during the period. Finally, Norges Bank bought a new position in Marvell Technology in the second quarter valued at about $716,713,000. Institutional investors own 83.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MRVL. Wells Fargo & Company boosted their price target on Marvell Technology from $90.00 to $135.00 and gave the company an “overweight” rating in a research note on Wednesday, December 3rd. KeyCorp boosted their target price on shares of Marvell Technology from $90.00 to $130.00 and gave the company an “overweight” rating in a research report on Wednesday, December 3rd. Rosenblatt Securities reduced their target price on shares of Marvell Technology from $120.00 to $115.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. Roth Mkm lifted their price target on shares of Marvell Technology from $105.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Finally, The Goldman Sachs Group upped their price objective on Marvell Technology from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $115.16.

Insider Transactions at Marvell Technology

In other news, EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $93.08, for a total value of $465,400.00. Following the transaction, the executive vice president owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. The trade was a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.33% of the stock is currently owned by company insiders.

Marvell Technology Stock Up 0.5%

Shares of MRVL stock opened at $78.61 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.64. Marvell Technology, Inc. has a one year low of $47.08 and a one year high of $112.50. The company’s fifty day moving average price is $83.34 and its 200-day moving average price is $81.77. The company has a market capitalization of $66.60 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 0.62 and a beta of 1.97.

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

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Shareholders of record on Friday, January 9th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, January 9th. Marvell Technology’s dividend payout ratio is presently 8.42%.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell announced expanded AI and cloud roles via deals with Celestial AI and XConn that broaden its accelerator and connectivity footprint — these deals reinforce revenue optionality in AI compute and hyperscale networking. Marvell Expands AI And Cloud Role With Celestial AI And XConn Deals
• Positive Sentiment: Opinion pieces argue the market overreacted to recent weakness: Marvell trades at a notable discount to Broadcom on forward P/E and still has meaningful upside from AI-related wins (Celestial AI acquisition flagged as multi-year growth driver). Marvell: The Market Overreaction Doesn’t Quite Make Sense
• Positive Sentiment: Additional Seeking Alpha coverage frames the recent pullback as a buying opportunity (“AI Reset Is Your Second Chance”), arguing investors can accumulate exposure to Marvell’s AI/data‑center tailwinds ahead of potential earnings upside. Marvell: The AI Reset Is Your Second Chance
• Positive Sentiment: Another Seeking Alpha piece highlights Marvell’s positioning ahead of earnings and its “right AI strings” (networking + accelerators), implying near-term catalysts from product ramps and customer deployments. Marvell: Lurking Ahead Of Earnings, Pulling The Right AI Strings
• Neutral Sentiment: Zacks notes MRVL is a trending stock and flags items investors should know before trading (attention/volatility can increase near earnings and news flow). Marvell Technology, Inc. (MRVL) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Zacks also ran a broader idea piece highlighting technology names worth watching with its Earnings ESP tool — useful context but not specific to new Marvell fundamentals. Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
• Neutral Sentiment: Recent fundamentals: Marvell beat the last quarter’s EPS and raised Q4 FY2026 EPS guidance to $0.740–0.840; data-center revenue now makes up a large portion of sales, which amplifies sensitivity to AI/hyperscaler demand. (No external link)
• Negative Sentiment: Zacks reported a recent larger-than-market intraday decline (about -3.8% on Feb 12), reflecting short-term volatility and profit-taking after a long multi-quarter run. Marvell Technology (MRVL) Suffers a Larger Drop Than the General Market: Key Insights

Marvell Technology 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.