Assenagon Asset Management S.A. Has $15.38 Million Holdings in Marvell Technology, Inc. $MRVL

Assenagon Asset Management S.A. lifted its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 415.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 180,972 shares of the semiconductor company’s stock after acquiring an additional 145,870 shares during the period. Assenagon Asset Management S.A.’s holdings in Marvell Technology were worth $15,379,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Marvell Technology by 23.5% during the third 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. State Street Corp lifted its position in shares of Marvell Technology by 2.8% in the 3rd quarter. State Street Corp now owns 21,157,092 shares of the semiconductor company’s stock worth $1,778,677,000 after acquiring an additional 583,832 shares during the period. Brown Advisory Inc. lifted its position in shares of Marvell Technology by 8.0% in the 2nd 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. Ameriprise Financial Inc. grew its holdings in shares of Marvell Technology by 59.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock worth $1,397,751,000 after purchasing an additional 6,217,952 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Marvell Technology by 47.0% during the 3rd quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company’s stock worth $1,000,689,000 after purchasing an additional 3,805,431 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Performance

Marvell Technology stock opened at $97.68 on Friday. The firm has a market capitalization of $85.42 billion, a P/E ratio of 31.71, a P/E/G ratio of 0.89 and a beta of 1.97. The stock has a fifty day moving average price of $83.07 and a two-hundred day moving average price of $84.13. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $102.77. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58.

Marvell Technology (NASDAQ:MRVL) last posted 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 for the quarter, compared to analyst estimates of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, April 10th will be paid a $0.06 dividend. The ex-dividend date is Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. Marvell Technology’s payout ratio is 7.79%.

Analysts Set New Price Targets

MRVL has been the subject of a number of recent research reports. Wall Street Zen lowered Marvell Technology from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. KGI Securities upgraded shares of Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 price target on the stock in a research note on Friday, March 6th. Melius Research raised shares of Marvell Technology from a “hold” rating to a “buy” rating and set a $135.00 price target on the stock in a report on Monday, January 5th. Morgan Stanley increased their price objective on shares of Marvell Technology from $95.00 to $103.00 and gave the company an “equal weight” rating in a research note on Friday, March 6th. Finally, Stifel Nicolaus raised their price objective on shares of Marvell Technology from $114.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.24.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Data-center revenue surge — Marvell’s data-center business has reached roughly $6.1B on strong AI-driven demand across its silicon and interconnect product lines, supporting longer-term revenue growth and reinforcing the company’s market narrative around AI infrastructure leadership. MRVL’s Data Center Revenues Hit $6.1B: Can the Momentum Continue?
• Positive Sentiment: Unusually large options activity — Investors bought ~109,766 call options (a ~23% increase vs. typical call volume), signaling bullish positioning and short-term optimism among traders. (No article link available)
• Neutral Sentiment: Increased attention/“trending” coverage — Zacks and Yahoo pieces are flagging MRVL as a heavily searched/trending stock, which can amplify flows but doesn’t by itself change fundamentals. Marvell Technology, Inc. (MRVL) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Analyst/retail write-ups — Additional Yahoo coverage highlights why MRVL could be worth watching after the recent run; useful for sentiment but not new fundamental data. Why Marvell Technology, Inc. (NASDAQ:MRVL) Could Be Worth Watching
• Neutral Sentiment: Sector-level funding for AI infrastructure — A separate report (Mojo Vision funding) highlights ongoing investment in AI optical/I/O technologies, underscoring broader ecosystem funding that benefits infrastructure suppliers like Marvell indirectly. Mojo Vision Secures $17.5M Strategic Investment from Future Ventures to Advance Next-Generation Optical I/O for AI Infrastructure
• Negative Sentiment: Macro headwinds — Broader market softness (futures falling amid oil/geo-political headlines) trimmed gains for tech names today and likely pressured MRVL despite company-level positives. Dow Jones Futures Fall As Oil Prices, Yields Rise Amid Iran War Deal Hopes, Doubts

Insider Activity at Marvell Technology

In related news, EVP Mark Casper sold 5,000 shares of the stock in a transaction that occurred 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.19% of the stock is owned by insiders.

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.