CI Investments Inc. Sells 435,117 Shares of Marvell Technology, Inc. $MRVL

CI Investments Inc. reduced its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 93.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,046 shares of the semiconductor company’s stock after selling 435,117 shares during the period. CI Investments Inc.’s holdings in Marvell Technology were worth $2,526,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Marvell Technology by 23.5% in the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock valued at $6,692,830,000 after acquiring an additional 15,166,976 shares during the period. Brown Advisory Inc. boosted its holdings in shares of 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 grew its position in shares of Marvell Technology by 2.7% in the second 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. grew its position in shares of Marvell Technology by 16.4% in the second 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 position in shares of Marvell Technology during the second quarter worth approximately $716,713,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Wall Street Analysts Forecast Growth

MRVL has been the topic of a number of research reports. Piper Sandler set a $110.00 price objective on Marvell Technology in a report on Wednesday, December 3rd. The Goldman Sachs Group boosted their target price on shares of Marvell Technology from $80.00 to $90.00 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Zacks Research lowered shares of Marvell Technology from a “hold” rating to a “strong sell” rating in a research report on Monday. Stifel Nicolaus lifted their price objective on shares of Marvell Technology from $95.00 to $114.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. Finally, B. Riley Financial restated a “buy” rating and set a $130.00 target price (up from $100.00) on shares of Marvell Technology in a research report on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $114.06.

Marvell Technology Price Performance

MRVL stock opened at $75.68 on Friday. The company’s 50-day moving average price is $81.23 and its two-hundred day moving average price is $81.88. The firm has a market cap of $65.93 billion, a P/E ratio of 26.55, a P/E/G ratio of 0.64 and a beta of 1.97. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a 12 month low of $47.08 and a 12 month high of $102.77.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter last year, the business posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Stockholders of record on Friday, January 9th were paid a $0.06 dividend. The ex-dividend date was Friday, January 9th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is presently 8.42%.

Insider Activity at Marvell Technology

In related news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the sale, the executive vice president directly owned 19,418 shares in the company, valued at $1,807,427.44. This represents a 20.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.19% of the company’s stock.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Q4 results narrowly beat expectations: reported $0.80 EPS vs. $0.79 consensus and revenue of $2.22B (up ~22% YoY); management gave a Q1 EPS guide of $0.740–0.840 and signaled continued data-center strength. Marvell Technology (MRVL) Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Company raised near-term outlook on stronger-than-expected data-center demand and record design wins — a clear AI/cloud tailwind for revenue and bookings. Marvell Technology raises Q1 guidance on data center demand
• Positive Sentiment: Strategic moves deepen AI infrastructure exposure (Celestial AI acquisition, PCIe 8.0 SerDes roadmap) which supports longer-term TAM expansion in optical interconnects and custom AI silicon. Marvell Deepens AI Infrastructure Role With Celestial AI Deal And PCIe 8.0
• Neutral Sentiment: Company filed a detailed press release with GAAP figures (Q4 net revenue $2.219B; GAAP net income $396.1M / $0.46 diluted). Useful for deep-dive models, but GAAP vs. non-GAAP presentation is already being parsed by investors. Marvell Technology, Inc. Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Neutral Sentiment: Wall Street remains mixed but generally constructive: many buy ratings and a median 6‑month target near $120 — this supports upside if guidance execution continues. Marvell Technology Inc. (MRVL) Stock Falls on Q4 2026 Earnings
• Negative Sentiment: Zacks downgraded MRVL to “strong sell” (and other outlets noted analyst downgrades), which can trigger selling and put near-term pressure despite the beat. Zacks downgrade
• Negative Sentiment: Conflicting third‑party headlines and data snippets (some outlets reported EPS/revenue misses or emphasized risks like customer concentration), creating noise and quick profit-taking after the initial rally. QuiverQuant: Stock Falls on Q4 Earnings
• Negative Sentiment: Broader market volatility (oil/Strait of Hormuz headlines) is weighing on growth names and elevated beta stocks like MRVL today. Market Indexes Fight Off Deep Lows 2nd-Straight Day

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.