Marvell Technology, Inc. $MRVL Shares Purchased by Banco Santander S.A.

Banco Santander S.A. boosted its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 62.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 439,783 shares of the semiconductor company’s stock after purchasing an additional 169,187 shares during the quarter. Banco Santander S.A. owned about 0.05% of Marvell Technology worth $36,973,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Atlantic Edge Private Wealth Management LLC boosted its position in Marvell Technology by 160.0% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Nova Wealth Management Inc. lifted its stake in Marvell Technology by 3,922.2% in the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 353 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of Marvell Technology during the 2nd quarter worth approximately $32,000. Westside Investment Management Inc. grew its position in shares of Marvell Technology by 62.5% in the second quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 160 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Marvell Technology in the second quarter valued at approximately $34,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Buying and Selling

In other Marvell Technology news, EVP Mark Casper sold 5,000 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $93.08, for a total value of $465,400.00. Following the sale, the executive vice president directly owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. This represents a 20.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.19% of the stock is owned by company insiders.

Marvell Technology Trading Down 2.0%

NASDAQ:MRVL opened at $79.29 on Friday. Marvell Technology, Inc. has a 12-month low of $47.08 and a 12-month high of $102.77. The firm has a market cap of $69.08 billion, a PE ratio of 27.82, a price-to-earnings-growth ratio of 0.65 and a beta of 1.97. The company has a current ratio of 2.01, a quick ratio of 1.64 and a debt-to-equity ratio of 0.28. The stock has a fifty day moving average price of $81.95 and a 200 day moving average price of $81.85.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. The company had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.06 billion. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.Marvell Technology’s revenue for the quarter was up 36.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 EPS. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Sell-side analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Investors 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 dividend on an annualized basis and a yield of 0.3%. Marvell Technology’s payout ratio is currently 8.42%.

Analyst Ratings Changes

MRVL has been the subject of several analyst reports. Oppenheimer restated an “outperform” rating and issued a $150.00 target price (up from $115.00) on shares of Marvell Technology in a report on Wednesday, December 3rd. Barclays raised their price objective on shares of Marvell Technology from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 3rd. Needham & Company LLC decreased their target price on shares of Marvell Technology from $120.00 to $118.00 and set a “buy” rating on the stock in a report on Tuesday, February 3rd. HSBC initiated coverage on shares of Marvell Technology in a report on Monday, November 24th. They set a “hold” rating and a $85.00 price target for the company. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $100.00 price target on shares of Marvell Technology in a research report on Tuesday, February 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $115.31.

Marvell Technology News Summary

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

• Positive Sentiment: Acquisition lift — Marvell’s purchase of Celestial AI brings photonic Fabric technology that targets much higher inter-node bandwidth for AI clusters and management claims the unit could reach ~$1B revenue by fiscal 2029, a material strategic fill for Marvell’s AI infrastructure stack. How MRVL’s Celestial AI Acquisition Fills Its Critical Technology Gap?
• Positive Sentiment: Product/market visibility — Marvell will showcase AI-focused data-center connectivity solutions at DesignCon 2026, reinforcing go-to-market momentum in the addressable AI infrastructure market. What’s Going On With Marvell Technology Stock Wednesday?
• Positive Sentiment: AI sector tailwind — coverage of a fast‑rising AI ETF highlights that specialized AI infrastructure names can outperform broad tech indexes, a thematic tailwind for Marvell as an AI-infrastructure supplier. An AI ETF Soared 28% And Left QQQ In The Dust
• Neutral Sentiment: Earnings scheduled — several outlets flag that Marvell is projected to report earnings this week, keeping the focus on guidance and whether Celestial integration shows up in near-term commentary. Marvell Technology (MRVL) Projected to Post Earnings on Thursday
• Neutral Sentiment: Heightened investor attention — multiple pieces note Marvell is attracting search and retail interest, which can amplify volatility around news and earnings but does not itself change fundamentals. Marvell Technology, Inc. (MRVL) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Earnings-beat skepticism — a Zacks preview argues Marvell may lack the two key ingredients typically tied to an earnings beat next week, which raises downside risk if results or guidance disappoint relative to elevated expectations. Marvell Technology (MRVL) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

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.