Assenagon Asset Management S.A. Has $2.95 Million Stake in Marvell Technology, Inc. $MRVL

Assenagon Asset Management S.A. reduced its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 98.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 35,102 shares of the semiconductor company’s stock after selling 2,097,559 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Marvell Technology were worth $2,951,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Marvell Technology by 1.1% during the second quarter. Vanguard Group Inc. now owns 64,443,232 shares of the semiconductor company’s stock worth $4,987,906,000 after buying an additional 673,110 shares during the last quarter. Brown Advisory Inc. increased its position in Marvell Technology by 8.0% during the second quarter. Brown Advisory Inc. now owns 20,840,336 shares of the semiconductor company’s stock worth $1,613,044,000 after acquiring an additional 1,539,809 shares during the period. State Street Corp raised its stake in Marvell Technology by 2.7% during the 2nd quarter. State Street Corp now owns 20,573,260 shares of the semiconductor company’s stock valued at $1,592,370,000 after purchasing an additional 533,946 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Marvell Technology by 16.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 10,406,875 shares of the semiconductor company’s stock valued at $805,473,000 after purchasing an additional 1,464,571 shares during the last quarter. Finally, Norges Bank bought a new stake in Marvell Technology in the 2nd quarter valued at $716,713,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Buying and Selling at Marvell Technology

In other news, insider Sandeep Bharathi purchased 3,400 shares of the business’s stock in a transaction that occurred on Thursday, September 25th. The shares were acquired at an average cost of $78.03 per share, for a total transaction of $265,302.00. Following the transaction, the insider directly owned 73,392 shares of the company’s stock, valued at approximately $5,726,777.76. The trade was a 4.86% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Matthew J. Murphy purchased 13,600 shares of Marvell Technology stock in a transaction dated Thursday, September 25th. The shares were purchased at an average cost of $77.09 per share, for a total transaction of $1,048,424.00. Following the completion of the transaction, the chief executive officer owned 268,637 shares of the company’s stock, valued at approximately $20,709,226.33. This represents a 5.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 27,200 shares of company stock valued at $2,109,632 over the last 90 days. Company insiders own 0.33% of the company’s stock.

Marvell Technology Price Performance

Marvell Technology stock opened at $84.80 on Tuesday. Marvell Technology, Inc. has a 52 week low of $47.08 and a 52 week high of $127.48. The business’s fifty day moving average is $87.63 and its two-hundred day moving average is $79.24. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.01. The firm has a market cap of $71.92 billion, a P/E ratio of 29.75, a P/E/G ratio of 0.81 and a beta of 1.93.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.06 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The company’s revenue was up 36.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Equities research analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology announced that its Board of Directors has initiated a stock buyback program on Wednesday, September 24th that authorizes the company to buyback $5.00 billion in shares. This buyback authorization authorizes the semiconductor company to buy up to 7.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Investors of record on Friday, January 9th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, January 9th. Marvell Technology’s dividend payout ratio (DPR) is presently 8.42%.

Key Marvell Technology News

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

• Positive Sentiment: Wall Street still bullish on Marvell’s long-term AI/data-center upside — multiple recent write-ups highlight sizable analyst upside and the company’s role in high-speed data movement and interconnects, supporting continued investor interest. Wall Street Maintains a Positive Outlook on Marvell Technology (MRVL), Here’s Why
• Positive Sentiment: Institutional ownership is high (about 83%), which can amplify moves on buy/sell signals and tends to stabilize stock when large holders are confident. That concentration makes analyst commentary more impactful. Marvell Technology, Inc. (NASDAQ:MRVL) is favoured by institutional owners who hold 83% of the company
• Positive Sentiment: Analyst and media bullish takes (Fool, Zacks, and other AI-themed roundups) continue to cast Marvell as a top AI semiconductor play for 2026, reinforcing investor expectations for above-market growth if data-center demand holds. Prediction: Marvell Stock Could Rise 80 Percent in 2026
• Positive Sentiment: Inclusion in analyst “top AI semiconductor” lists (with NVIDIA and Micron) keeps Marvell visible to growth-focused funds rotating into AI hardware names. Buy 3 AI Semiconductor Powerhouses Poised to Dominate 2026
• Neutral Sentiment: Corporate/ticker confusion risk — a separate company using the MRVL ticker (Marvel Biosciences on TSXV) had a C-suite interview; this is unrelated to Marvell Technology but can create short-term news noise or search/ticker confusion. Toronto Stock Exchange, Marvel Biosciences Corp., The View from the C-Suite
• Negative Sentiment: Certain brokers trimmed price targets / lowered guidance expectations — Cantor Fitzgerald cut its PT to $100 with a Neutral rating, and BofA reduced its PT as well. Downward revisions can pressure near-term performance even as long-term thesis remains intact. Cantor Fitzgerald Trims Marvell (MRVL) PT to $100, Cites Neutral Stance Amid AI Expansion BofA Reduces PT on Marvell Technology (MRVL) Stock

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on MRVL shares. UBS Group set a $100.00 price target on Marvell Technology in a research note on Wednesday, December 3rd. Jefferies Financial Group lifted their price objective on Marvell Technology from $80.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, December 3rd. Susquehanna set a $120.00 price objective on Marvell Technology and gave the company a “positive” rating in a research report on Wednesday, December 3rd. JPMorgan Chase & Co. raised their target price on Marvell Technology from $120.00 to $130.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 3rd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $95.00 price target on shares of Marvell Technology in a research note on Monday, December 1st. Four investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average price target of $111.25.

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.