5,883 Shares in Marvell Technology, Inc. $MRVL Purchased by Investment Insight Wealth Management LLC

Investment Insight Wealth Management LLC acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 5,883 shares of the semiconductor company’s stock, valued at approximately $500,000. Marvell Technology comprises approximately 0.5% of Investment Insight Wealth Management LLC’s portfolio, making the stock its 25th biggest holding.

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

Marvell Technology Price Performance

MRVL stock opened at $310.58 on Friday. The business has a fifty day moving average of $197.58 and a two-hundred day moving average of $125.51. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. The stock has a market cap of $271.70 billion, a price-to-earnings ratio of 106.36, a price-to-earnings-growth ratio of 1.90 and a beta of 2.29. Marvell Technology, Inc. has a 52-week low of $61.44 and a 52-week high of $329.88.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the prior year, the company posted $0.62 EPS. The company’s quarterly revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Wall Street Analyst Weigh In

MRVL has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 price objective on shares of Marvell Technology in a research note on Thursday, May 28th. B. Riley Financial lifted their price target on Marvell Technology from $240.00 to $345.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Citigroup boosted their price target on shares of Marvell Technology from $118.00 to $215.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. William Blair reissued an “outperform” rating on shares of Marvell Technology in a report on Thursday, May 28th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Marvell Technology from $135.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $228.71.

Marvell Technology News Roundup

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

• Positive Sentiment: KeyBanc raised its price target on Marvell by 48% to $385 and kept an Overweight rating, reinforcing confidence in the company’s optical networking and AI infrastructure opportunity. Marvell Stock (MRVL) Soars after Top Analyst Boosts Price Target by 48%
• Positive Sentiment: News that Marvell plans to use TSMC’s next-generation 1.4-nanometer technology, plus a major shipment milestone and upcoming S&P 500 inclusion, added to the bullish momentum. Why Marvell Technology (MRVL) Stock Is Up Today
• Positive Sentiment: Marvell said it shipped over 5 million photonic chips, highlighting demand in AI data-center infrastructure and strengthening the company’s growth narrative. MRVL Stock Rises Premarket: Marvell Ships Over 5M Photonic Chips Ahead Of S&P 500 Entry
• Positive Sentiment: The company’s June 22 entry into the S&P 500 is expected to trigger passive-fund and ETF buying, which can create additional demand for the shares. Marvell, Flex Could Be Days Away From Massive Passive-Fund Tailwind
• Neutral Sentiment: Recent coverage says Marvell’s AI momentum is real, but the stock may already be expensive after a huge run, which could limit further upside in the near term. Marvell Stock Analysis: My Final Verdict
• Neutral Sentiment: An insider sale was disclosed, but it was made under a pre-arranged trading plan and for tax withholding, so it appears routine rather than a negative signal. Insider trade disclosure

Insider Transactions at Marvell Technology

In other Marvell Technology news, CFO Willem A. Meintjes sold 4,000 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $175.24, for a total transaction of $700,960.00. Following the completion of the transaction, the chief financial officer owned 226,675 shares of the company’s stock, valued at $39,722,527. This trade represents a 1.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the sale, the insider owned 55,530 shares of the company’s stock, valued at approximately $16,610,688.90. This represents a 3.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 257,291 shares of company stock worth $32,627,131 in the last 90 days. Insiders own 0.12% of the company’s stock.

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.