Thompson Investment Management Inc. Has $2.72 Million Stock Holdings in Marvell Technology, Inc. $MRVL

Thompson Investment Management Inc. trimmed its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 73.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,140 shares of the semiconductor company’s stock after selling 25,700 shares during the period. Thompson Investment Management Inc.’s holdings in Marvell Technology were worth $2,723,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MRVL. State Street Corp increased its holdings in shares of Marvell Technology by 7.9% during the fourth quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company’s stock valued at $1,940,503,000 after acquiring an additional 1,677,724 shares in the last quarter. Geode Capital Management LLC grew its position in Marvell Technology by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 12,108,452 shares of the semiconductor company’s stock valued at $1,025,185,000 after purchasing an additional 97,624 shares during the period. Norges Bank acquired a new stake in Marvell Technology in the 4th quarter valued at $895,455,000. Van ECK Associates Corp increased its stake in Marvell Technology by 11.4% during the 4th quarter. Van ECK Associates Corp now owns 9,864,514 shares of the semiconductor company’s stock valued at $838,286,000 after purchasing an additional 1,007,315 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in Marvell Technology by 9.7% during the fourth quarter. Northern Trust Corp now owns 6,798,272 shares of the semiconductor company’s stock worth $577,717,000 after buying an additional 598,920 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Insider Transactions at Marvell Technology

In other Marvell Technology news, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction on Tuesday, June 16th. The stock was 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 in the company, valued at $16,610,688.90. This represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at $41,143,350.50. The trade was a 4.20% 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. Insiders sold 38,481 shares of company stock worth $8,683,492 over the last quarter. 0.12% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on MRVL shares. Oppenheimer boosted their target price on shares of Marvell Technology from $200.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Melius Research set a $220.00 price objective on Marvell Technology in a research note on Monday, May 18th. Scotiabank initiated coverage on Marvell Technology in a report on Tuesday, May 26th. They issued an “outperform” rating on the stock. Roth Capital upped their price target on Marvell Technology from $135.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Finally, Needham & Company LLC increased their price target on Marvell Technology from $118.00 to $270.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $245.94.

Marvell Technology Price Performance

Shares of NASDAQ:MRVL opened at $217.08 on Thursday. The company has a market capitalization of $189.90 billion, a P/E ratio of 74.34, a price-to-earnings-growth ratio of 1.33 and a beta of 2.24. The company’s 50-day moving average is $240.31 and its 200 day moving average is $164.28. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS 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 13.83%. 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 previous year, the firm posted $0.62 earnings per share. The company’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. On average, equities research analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is currently 8.22%.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: AI demand and analyst optimism supported the rebound. Investors are responding to strong demand for custom AI chips, networking and data-center connectivity products. Recent coverage highlighted bullish analyst upgrades and Marvell’s Bravera SC6, Structera X and Photonic Fabric technologies. Marvell Technology Stock Jumps 5%—What’s Fueling the AI Rally?
• Positive Sentiment: NVIDIA and Microsoft opportunities could expand Marvell’s addressable market. Marvell’s expanded NVIDIA relationship and reported $2 billion investment could strengthen its position against Broadcom and Astera Labs. Microsoft’s planned expansion of custom AI silicon may also create additional demand for Marvell’s design and connectivity solutions. Can MRVL’s NVIDIA Alliance Help It Challenge ALAB and AVGO?
• Positive Sentiment: India investment signals long-term capacity expansion. Marvell plans to invest $250 million in India over three years, roughly double its local workforce and expand facilities supporting semiconductor, AI and cloud-related research. The initiative could improve engineering capacity and customer support, although benefits are likely longer term. Why Is Marvell Technology Investing $250 Million in India Now?
• Neutral Sentiment: Investors are positioning ahead of earnings. Quantitative analysis suggests MRVL could see a short-term bounce before its upcoming quarterly report. The results and forward guidance will be important tests of whether AI-related optimism is translating into sustained revenue and profit growth. Marvell Technology Stock Might Offer a Quick Bounce Before Earnings
• Negative Sentiment: The stock’s sharp pullback highlights volatility and valuation risk. MRVL has fallen substantially from its approximately $329 peak, following a broader selloff in high-growth semiconductor stocks. With a high earnings multiple and shares still far above year-ago levels, investors may demand strong execution and guidance to justify the valuation. Marvell Technology Stock: What’s Next for This Nvidia-Backed Giant?

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.