LHM Inc. Reduces Stock Position in Marvell Technology, Inc. $MRVL

LHM Inc. lowered its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 7.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 99,857 shares of the semiconductor company’s stock after selling 8,515 shares during the period. Marvell Technology comprises approximately 3.2% of LHM Inc.’s holdings, making the stock its 10th largest holding. LHM Inc.’s holdings in Marvell Technology were worth $8,486,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MRVL. Laurel Wealth Advisors LLC purchased a new position in Marvell Technology during the 4th quarter valued at about $25,000. Elyxium Wealth LLC purchased a new position in Marvell Technology during the fourth quarter valued at approximately $40,000. Strive Asset Management LLC bought a new position in Marvell Technology in the third quarter worth approximately $42,000. Avalon Trust Co raised its stake in Marvell Technology by 70.6% in the third quarter. Avalon Trust Co now owns 650 shares of the semiconductor company’s stock worth $55,000 after buying an additional 269 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in Marvell Technology by 67.3% during the third quarter. Westside Investment Management Inc. now owns 696 shares of the semiconductor company’s stock worth $58,000 after buying an additional 280 shares during the period. 83.51% of the stock is currently owned by institutional investors.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell reported revenue of $2.42 billion, ahead of estimates, with EPS of $0.80 matching expectations, showing solid execution as data center demand remained strong. Marvell Technology, Inc. Reports First Quarter of Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised fiscal 2027 and 2028 revenue outlooks, citing exceptional AI-related bookings and stronger networking/custom silicon demand, which supports the view that growth could accelerate further. Marvell Lifts FY2027 Outlook As Revenue Growth Nears 40%
• Positive Sentiment: Multiple Wall Street firms raised price targets after the report, including JPMorgan, Bank of America, RBC, Stifel, Citi, UBS and Benchmark, signaling growing confidence in Marvell’s AI infrastructure opportunity. Marvell Buy Rating Reiterated as Arcuri Lifts Price Target to $230 on Accelerating AI-Driven Data Center Momentum
• Neutral Sentiment: Management highlighted “agentic AI” as a potential new driver for networking and infrastructure demand, reinforcing the long-term growth story but offering more strategic commentary than near-term financial impact. Marvell Thinks Agentic AI Could Trigger Another Infrastructure Boom
• Negative Sentiment: Despite the beat and higher guidance, some investors sold the stock anyway, suggesting the market is worried the AI growth story is already priced in after a strong run-up. Marvell Stock Drops After Earnings Beat. It Sees Growth in Powering the AI Boom.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Raymond James Financial set a $235.00 price objective on Marvell Technology and gave the stock a “strong-buy” rating in a research note on Thursday. Citigroup increased 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. Needham & Company LLC lifted their price objective on shares of Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday. TD Cowen increased their target price on shares of Marvell Technology from $180.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday. Finally, Erste Group Bank initiated coverage on shares of Marvell Technology in a research note on Thursday, April 2nd. They issued a “buy” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $208.64.

Marvell Technology Price Performance

NASDAQ:MRVL opened at $204.83 on Friday. The firm’s fifty day moving average is $143.83 and its two-hundred day moving average is $105.25. The firm has a market cap of $183.80 billion, a price-to-earnings ratio of 70.15, a PEG ratio of 1.66 and a beta of 2.25. Marvell Technology, Inc. has a one year low of $58.61 and a one year high of $218.26. 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 (NASDAQ:MRVL) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.80. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 14.89%. The company’s revenue for the quarter was up 27.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Research analysts expect that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were issued a $0.06 dividend. The ex-dividend date was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio is presently 7.79%.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, CEO Matthew J. Murphy sold 30,000 shares of the firm’s stock in a transaction on Thursday, March 26th. The stock was sold at an average price of $98.70, for a total value of $2,961,000.00. Following the completion of the sale, the chief executive officer directly owned 310,106 shares of the company’s stock, valued at $30,607,462.20. This trade represents a 8.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark Casper sold 10,854 shares of the business’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total transaction of $1,161,486.54. Following the transaction, the executive vice president directly owned 4,023 shares in the company, valued at approximately $430,501.23. The trade was a 72.96% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 245,060 shares of company stock worth $29,901,072. 0.12% of the stock is owned by company 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.