Knights of Columbus Asset Advisors LLC Acquires New Stake in Marvell Technology, Inc. $MRVL

Knights of Columbus Asset Advisors LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,152 shares of the semiconductor company’s stock, valued at approximately $1,203,000.

A number of other institutional investors have also added to or reduced their stakes in MRVL. Intech Investment Management LLC boosted its position 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 valued at $1,772,000 after acquiring an additional 1,085 shares during the last quarter. Baird Financial Group Inc. increased 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 worth $1,348,000 after purchasing an additional 3,221 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in Marvell Technology in the second quarter valued at approximately $354,000. Treasurer of the State of North Carolina raised its stake in 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 in 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 valued at $31,855,000 after purchasing an additional 4,060 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MRVL has been the subject of a number of research reports. KGI Securities raised shares of Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 price target for the company in a research note on Friday, March 6th. Cantor Fitzgerald lifted their price objective on shares of Marvell Technology from $190.00 to $220.00 and gave the stock a “neutral” rating in a report on Thursday. Rosenblatt Securities upped their target price on shares of Marvell Technology from $190.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday. UBS Group increased their target price on Marvell Technology from $195.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday. Finally, William Blair reaffirmed an “outperform” rating on shares of Marvell Technology in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $208.64.

Marvell Technology Price Performance

Shares of Marvell Technology stock opened at $204.83 on Friday. 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 52-week low of $58.61 and a 52-week high of $218.26. The company has a fifty day moving average of $143.83 and a 200-day moving average of $105.25. The stock has a market capitalization of $183.80 billion, a price-to-earnings ratio of 70.15, a price-to-earnings-growth ratio of 1.66 and a beta of 2.25.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, hitting the consensus estimate of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 14.89%. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the previous year, the firm posted $0.62 earnings per share. The firm’s revenue for the quarter was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Equities research analysts expect that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were issued a dividend of $0.06 per share. The ex-dividend date was Friday, April 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio is currently 7.79%.

More Marvell Technology News

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.

Insider Activity at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the completion of the sale, the executive vice president owned 35,878 shares in the company, valued at approximately $4,861,469. The trade was a 21.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Willem A. Meintjes sold 4,000 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $175.24, for a total value of $700,960.00. Following the sale, the chief financial officer directly owned 226,675 shares of the company’s stock, valued at approximately $39,722,527. This trade represents a 1.73% 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 sold a total of 245,060 shares of company stock worth $29,901,072 over the last three months. Corporate insiders own 0.12% of the company’s stock.

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.