Equitable Holdings Inc. Takes $19.52 Million Position in Marvell Technology, Inc. $MRVL

Equitable Holdings Inc. purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the second quarter, Holdings Channel.com reports. The fund purchased 65,521 shares of the semiconductor company’s stock, valued at approximately $19,518,000.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. lifted its stake in Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock valued at $25,511,649,000 after buying an additional 21,798,190 shares during the last quarter. State Street Corp grew its position 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 worth $1,940,503,000 after acquiring an additional 1,677,724 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of 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 worth $1,025,185,000 after acquiring an additional 97,624 shares during the period. Norges Bank acquired a new stake in shares of Marvell Technology in the 4th quarter worth about $895,455,000. Finally, Van ECK Associates Corp lifted its position in Marvell Technology by 11.4% in 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 during the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

NASDAQ MRVL opened at $241.45 on Friday. Marvell Technology, Inc. has a 12 month low of $61.44 and a 12 month high of $329.88. The firm has a market capitalization of $211.22 billion, a PE ratio of 82.69, a P/E/G ratio of 1.53 and a beta of 2.24. The company’s 50 day simple moving average is $229.10 and its 200 day simple moving average is $176.28. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, equities research analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Announces Dividend

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

Analyst Ratings Changes

A number of research firms have issued reports on MRVL. Jefferies Financial Group reissued a “buy” rating and set a $325.00 target price on shares of Marvell Technology in a research note on Thursday, August 20th. Susquehanna lifted their price target on Marvell Technology from $230.00 to $265.00 and gave the company a “positive” rating in a report on Tuesday. Benchmark reiterated a “buy” rating on shares of Marvell Technology in a research report on Monday. The Goldman Sachs Group reissued a “neutral” rating and issued a $195.00 price objective on shares of Marvell Technology in a report on Wednesday, August 12th. Finally, Evercore reaffirmed an “outperform” rating and set a $155.00 target price on shares of Marvell Technology in a research note on Tuesday, May 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $258.42.

Insider Transactions at Marvell Technology

In other Marvell Technology news, CFO Daniel Durn sold 2,250 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total value of $632,272.50. Following the sale, the chief financial officer directly owned 6,902 shares in the company, valued at approximately $1,939,531.02. The trade was a 24.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the sale, 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. 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. Over the last ninety days, insiders sold 41,981 shares of company stock worth $9,753,132. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell reported adjusted earnings of $0.94 per share, ahead of the approximately $0.92–$0.93 consensus, while revenue reached about $2.74 billion, slightly above estimates. Revenue increased 37% year over year, supported by strong demand for AI infrastructure. Marvell Technology Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Data-center revenue reportedly jumped 46%, highlighting accelerating demand for Marvell’s custom silicon and optical networking products used in AI data centers. The company also raised its full-year and next-year revenue outlooks, reinforcing the long-term AI growth story. Marvell Sees Accelerating Growth as AI Demand Boosts Second-Quarter Profit and Revenue
• Positive Sentiment: Third-quarter fiscal 2027 guidance calls for adjusted EPS of $1.05–$1.15, above the $1.03 consensus, and revenue of $3.0–$3.3 billion. The forecast indicates continued sequential growth in AI-related demand. Marvell Technology Forecasts Quarterly Revenue Above Estimates
• Neutral Sentiment: Investors were focused on visibility into Marvell’s recently announced multibillion-dollar custom-chip agreement with Google, including the timing of revenue contribution and the impact of related warrants. The earnings release did not appear to provide a sufficiently large near-term surprise to reset expectations.
• Negative Sentiment: The earnings beats were narrow, and management’s forecast provided limited upside relative to elevated Wall Street expectations. With MRVL priced for exceptional AI growth, traders treated the results as “good, but not good enough,” prompting a post-earnings selloff. Marvell Is Boosting Its Forecasts, but That’s Not Enough to Lift Its 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.