Boothbay Fund Management LLC Reduces Holdings in Marvell Technology, Inc. $MRVL

Boothbay Fund Management LLC reduced its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 42.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 62,057 shares of the semiconductor company’s stock after selling 44,921 shares during the quarter. Boothbay Fund Management LLC’s holdings in Marvell Technology were worth $5,217,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of MRVL. Alight Capital Management LP purchased a new position in shares of Marvell Technology in the third quarter worth $8,407,000. Ameriprise Financial Inc. lifted its stake in shares of Marvell Technology by 59.7% during the third quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock worth $1,397,751,000 after buying an additional 6,217,952 shares during the period. Schonfeld Strategic Advisors LLC grew its holdings in shares of Marvell Technology by 2,034.5% during the third quarter. Schonfeld Strategic Advisors LLC now owns 1,307,610 shares of the semiconductor company’s stock valued at $109,931,000 after buying an additional 1,246,350 shares during the last quarter. Think Investments LP purchased a new stake in shares of Marvell Technology during the third quarter valued at $39,849,000. Finally, Creative Planning increased its position in shares of Marvell Technology by 81.3% in the 3rd quarter. Creative Planning now owns 157,075 shares of the semiconductor company’s stock valued at $13,205,000 after acquiring an additional 70,432 shares during the period. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Marvell Technology Stock Up 0.2%

MRVL opened at $87.86 on Monday. The company has a fifty day moving average of $81.70 and a two-hundred day moving average of $82.72. The stock has a market capitalization of $76.82 billion, a price-to-earnings ratio of 28.53, a PEG ratio of 0.80 and a beta of 1.97. Marvell Technology, Inc. has a fifty-two week low of $47.08 and a fifty-two week high of $102.77. 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 (NASDAQ:MRVL) last announced its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The business’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, research analysts expect that Marvell Technology, Inc. will post 0.91 earnings per share for the current year.

More Marvell Technology News

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

• Positive Sentiment: Company expanded its 1.6T optical DSP platform and will showcase an end-to-end AI data‑center connectivity portfolio at OFC 2026 — concrete product-led progress that supports revenue growth in data center interconnect. Marvell Ushers In the 1.6T Era (BusinessWire)
• Positive Sentiment: Marvell announced a broad “full‑stack” connectivity portfolio and new high‑speed data‑center chips to relieve AI data traffic bottlenecks — product roadmap directly addresses hyperscale AI demand. Marvell to Showcase End-to-End Connectivity at OFC 2026 (BusinessWire)
• Positive Sentiment: Stifel highlights the Marvell–Mojo Vision partnership as a strategic move into micro‑LED optics that could seed a new competitive front and incremental revenue streams in optical modules/optics. Stifel: Marvell, Mojo Vision partnership sets up micro-LED optics battle (Yahoo)
• Positive Sentiment: Bullish analyst coverage and award‑grade analyst notes (TipRanks/Buy ratings, Cramer praise) are lifting sentiment — analysts point to sizeable optical/connectivity upside and data‑center momentum following a stronger‑than‑expected quarter. Marvell’s Optics Ambitions Set for ‘Pockets of Upside’ (TipRanks)
• Positive Sentiment: Commentary pieces argue massive AI infrastructure growth beyond GPUs could boost Marvell’s TAM (connectivity, interconnect, switching), reinforcing a multi‑quarter growth story. Prediction: Massive AI Infrastructure Growth Could Send Marvell Higher (The Motley Fool)
• Neutral Sentiment: Unusually large options activity was observed after Marvell’s strong outlook — shows heightened trader interest but not a direct directional read on fundamentals. Marvell Technology’s Strong Outlook Provokes Huge Unusual Options Trading (Yahoo)
• Neutral Sentiment: Market pieces and screens are asking whether recent gains leave MRVL fairly priced — valuation debate could cap near‑term upside even as fundamentals improve. Is Marvell Fairly Priced After Strong Recent Share Price Performance (Yahoo)
• Negative Sentiment: Some analysts caution that guidance and forward commentary contain softer or “modest” elements under the surface of good top‑line growth — a note that could prompt profit‑taking if execution disappoints. Marvell: The Guidance Sounds Great Until You Look Under The Hood (Seeking Alpha)

Insiders Place Their Bets

In other news, EVP Mark Casper sold 5,000 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $93.08, for a total value 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on MRVL shares. Wells Fargo & Company raised their price objective on Marvell Technology from $90.00 to $135.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 3rd. Rosenblatt Securities upped their target price on Marvell Technology from $115.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Susquehanna reiterated a “positive” rating on shares of Marvell Technology in a report on Tuesday, February 24th. Citigroup raised their price target on shares of Marvell Technology from $113.00 to $118.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Marvell Technology in a research note on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $117.24.

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.