Marvell Technology, Inc. $MRVL Shares Sold by FengHe Fund Management Pte. Ltd.

FengHe Fund Management Pte. Ltd. lowered its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 92.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 39,100 shares of the semiconductor company’s stock after selling 461,500 shares during the quarter. FengHe Fund Management Pte. Ltd.’s holdings in Marvell Technology were worth $3,323,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in MRVL. Atlantic Edge Private Wealth Management LLC lifted its holdings in Marvell Technology by 160.0% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after buying an additional 200 shares in the last quarter. Financial Consulate Inc. acquired a new position in Marvell Technology in the 3rd quarter worth $41,000. Strive Asset Management LLC acquired a new position in Marvell Technology in the 3rd quarter worth $42,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in Marvell Technology by 98.0% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock worth $43,000 after buying an additional 244 shares in the last quarter. Finally, Meeder Asset Management Inc. lifted its holdings in Marvell Technology by 30.4% in the 3rd quarter. Meeder Asset Management Inc. now owns 557 shares of the semiconductor company’s stock worth $47,000 after buying an additional 130 shares in the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Benchmark restated a “buy” rating and issued a $130.00 target price on shares of Marvell Technology in a research note on Tuesday, March 31st. UBS Group upped their target price on shares of Marvell Technology from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. KGI Securities upgraded shares of Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 target price on the stock in a research note on Friday, March 6th. Evercore restated an “outperform” rating and issued a $133.00 target price on shares of Marvell Technology in a research note on Wednesday, March 4th. Finally, Melius Research upgraded shares of Marvell Technology from a “hold” rating to a “buy” rating and set a $135.00 target price on the stock in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $122.73.

Insider Activity

In related news, EVP Mark Casper sold 10,000 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $135.50, for a total transaction of $1,355,000.00. Following the sale, the executive vice president owned 35,878 shares in the company, valued at $4,861,469. This represents a 21.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Chris Koopmans sold 10,000 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $110.24, for a total transaction of $1,102,400.00. Following the sale, the chief operating officer owned 133,870 shares in the company, valued at approximately $14,757,828.80. This trade represents a 6.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 223,560 shares of company stock valued at $26,243,062 over the last quarter. Corporate insiders own 0.33% of the company’s stock.

Marvell Technology News Roundup

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

• Positive Sentiment: Analyst upgrades and higher price targets lifted investor optimism around Marvell’s growth story; B. Riley and other shops have raised targets citing strong sector signals. Price Target Increase
• Positive Sentiment: Partnership reports with big cloud/AI players (Alphabet/Google and Nvidia) support a longer-term revenue runway in data-center and AI networking chips. These deals are a key part of the bullish thesis. Alphabet and Nvidia Deals
• Positive Sentiment: Marvell announced the acquisition of Polariton Technologies, signaling continued M&A to bolster its product stack for AI/data-center customers. Polariton Acquisition
• Neutral Sentiment: Macro/sector momentum: coverage pieces note industrial/AI chip demand is in a rally phase, which supports Marvell’s long-term view but may not offset near-term conditional risks. Industry Rally
• Negative Sentiment: Marvell canceled all POET Technologies purchase orders, alleging confidentiality breaches tied to Celestial AI — a move that introduces supplier/partner risk and generated immediate market concern. Why MRVL Stock Is Falling
• Negative Sentiment: The dispute went public and prompted a sharp collapse in POET’s stock, raising questions about potential ripple effects, lost revenue recognition, and the optics of Marvell’s supplier management. Order Cancellation Tests POET
• Negative Sentiment: Coverage highlights the market reaction: Marvell shares slid amid the news as traders weigh near-term uncertainty around supply relationships despite solid fundamentals. MRVL Stock Slides

Marvell Technology Stock Performance

Shares of Marvell Technology stock opened at $158.21 on Tuesday. The firm has a market cap of $138.35 billion, a PE ratio of 51.37, a price-to-earnings-growth ratio of 1.49 and a beta of 1.83. The firm’s 50-day simple moving average is $103.93 and its 200-day simple moving average is $91.89. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. Marvell Technology, Inc. has a 1 year low of $53.78 and a 1 year high of $170.84.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. Marvell Technology’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Equities analysts forecast that Marvell Technology, Inc. will post 3.04 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 10th will be paid a dividend of $0.06 per share. The ex-dividend date is Friday, April 10th. This represents a $0.24 annualized dividend and a yield of 0.2%. Marvell Technology’s dividend payout ratio is 7.79%.

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.