DAVENPORT & Co LLC Purchases 920,876 Shares of Marvell Technology, Inc. $MRVL

DAVENPORT & Co LLC raised its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 225.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,328,747 shares of the semiconductor company’s stock after buying an additional 920,876 shares during the quarter. DAVENPORT & Co LLC’s holdings in Marvell Technology were worth $113,399,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Intech Investment Management LLC raised its position in Marvell Technology by 3.9% during the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock valued at $1,772,000 after purchasing an additional 1,085 shares in the last quarter. MAI Capital Management boosted its holdings in shares of Marvell Technology by 24.2% in the 2nd quarter. MAI Capital Management now owns 4,825 shares of the semiconductor company’s stock valued at $373,000 after purchasing an additional 940 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Marvell Technology by 3.2% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,712,938 shares of the semiconductor company’s stock valued at $287,381,000 after purchasing an additional 116,251 shares in the last quarter. Coldstream Capital Management Inc. increased its stake in shares of Marvell Technology by 59.4% in the 2nd quarter. Coldstream Capital Management Inc. now owns 13,796 shares of the semiconductor company’s stock valued at $1,068,000 after purchasing an additional 5,142 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new position in shares of Marvell Technology during the 2nd quarter worth $821,000. Institutional investors own 83.51% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Mark Casper sold 5,000 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the transaction, the executive vice president directly owned 19,418 shares of the company’s stock, valued at $1,807,427.44. This trade represents a 20.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.33% of the stock is owned by insiders.

Marvell Technology Stock Up 2.4%

NASDAQ:MRVL opened at $92.36 on Wednesday. Marvell Technology, Inc. has a one year low of $47.08 and a one year high of $102.77. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58. The company has a market cap of $80.77 billion, a PE ratio of 29.99, a P/E/G ratio of 0.82 and a beta of 1.97. The firm’s 50 day simple moving average is $82.38 and its 200 day simple moving average is $83.94.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The company’s revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, research analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

Marvell Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 10th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, April 10th. Marvell Technology’s dividend payout ratio is presently 7.79%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Bank of America upgraded Marvell Technology from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $90.00 to $110.00 in a research report on Friday, March 6th. Susquehanna reissued a “positive” rating on shares of Marvell Technology in a research note on Tuesday, February 24th. Craig Hallum increased their target price on shares of Marvell Technology from $141.00 to $164.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Needham & Company LLC reduced their price target on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a research note on Tuesday, February 3rd. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $150.00 price target (up from $115.00) on shares of Marvell Technology in a report on Wednesday, December 3rd. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $117.24.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Q4 earnings beat and strong AI data-center demand — Marvell posted quarterly results that exceeded estimates and management reiterated robust guidance tied to AI/data-center spend; Loop Capital reiterated a Buy and a $120 target. Earnings Beat Article
• Positive Sentiment: New AI interconnect and switch products — Marvell unveiled advanced switches (CXL & PCIe 6.0) and expanded optical DSP platforms aimed at hyperscale AI interconnects, strengthening its position in the AI data‑center stack. Advanced Switch Article
• Positive Sentiment: Strategic collaboration highlight — Stifel highlighted Marvell’s collaboration with Mojo Vision on micro‑LED optical interconnects, reinforcing investor interest in Marvell’s role in next‑generation optical solutions. Stifel / Mojo Vision Article
• Positive Sentiment: Dividend announced alongside product demos — Management announced a $0.06 quarterly dividend and showcased multiple OFC 2026 demos, which may broaden appeal to income and infrastructure investors. Dividend & OFC Article
• Neutral Sentiment: Analyst and media coverage — MRVL is featured in several analyst pieces and comparisons (Zacks, Seeking Alpha, MarketBeat) that discuss its long‑term interconnect strategy and valuation versus peers; useful context but not immediate catalysts. Zacks Coverage
• Neutral Sentiment: Peer comparisons — Coverage comparing Marvell to other AI‑connectivity names (e.g., Credo) highlights differing risk/return profiles; helpful for positioning but mixed implications. CRDO vs MRVL
• Neutral Sentiment: Short interest notices appear unreliable — Multiple filings flagged a “large increase” in short interest but showed zero shares / NaN changes and 0.0 days-to-cover; this looks like a reporting anomaly rather than meaningful new short pressure.
• Negative Sentiment: Price action and sentiment pushback — Some coverage noted MRVL traded lower at times “despite solid execution,” signaling that valuation concerns or profit‑taking can offset positive operational news. Traded Lower Article

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.