Jupiter Topco LLC Takes $380.72 Million Position in Marvell Technology, Inc. $MRVL

Jupiter Topco LLC purchased a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,278,184 shares of the semiconductor company’s stock, valued at approximately $380,720,000. Jupiter Topco LLC owned approximately 0.15% of Marvell Technology as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. lifted its holdings in shares of Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock valued at $25,511,649,000 after purchasing an additional 21,798,190 shares in the last quarter. State Street Corp boosted its position in shares of Marvell Technology by 7.9% in the fourth quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company’s stock worth $1,940,503,000 after buying an additional 1,677,724 shares during the period. Geode Capital Management LLC grew its holdings in shares of Marvell Technology by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 12,108,452 shares of the semiconductor company’s stock valued at $1,025,185,000 after buying an additional 97,624 shares in the last quarter. Norges Bank purchased a new position in shares of Marvell Technology during the fourth quarter valued at $895,455,000. Finally, Van ECK Associates Corp raised its position in Marvell Technology by 11.4% during the fourth quarter. Van ECK Associates Corp now owns 9,864,514 shares of the semiconductor company’s stock valued at $838,286,000 after buying an additional 1,007,315 shares during the period. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the sale, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at $41,143,350.50. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $236.08, for a total transaction of $1,770,600.00. Following the transaction, the chief executive officer owned 783,186 shares in the company, valued at approximately $184,894,550.88. This trade represents a 0.95% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 41,981 shares of company stock valued at $9,753,132. 0.12% of the stock is currently owned by insiders.

Marvell Technology News Roundup

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

• Positive Sentiment: Google custom-chip agreement boosts AI expectations. Articles highlighted Marvell’s reported agreement with Google, including approximately $12.19 billion in share warrants, as evidence that the company is gaining traction as a hyperscaler custom-AI-chip partner. The deal could improve customer diversification and provide growth tied to future Google TPU deployments. Marvell Is Partnering With Google to Create Custom Chips
• Positive Sentiment: Analysts raised targets ahead of earnings. Susquehanna lifted its price target from $230 to $265 with a positive rating, while Rosenblatt raised its target from $240 to $300 and retained a buy rating. Wells Fargo has also reportedly set a $310 target, reflecting expectations for continued AI networking and data-center growth. Susquehanna Raises Marvell Target
• Positive Sentiment: Strong results and guidance are anticipated. Wall Street expects roughly $0.93 in adjusted EPS on $2.7 billion of revenue for fiscal Q2 2027. Investors are also speculating that Marvell could raise its outlook again, following previous guidance increases and ongoing demand for custom chips, networking products, and data-center infrastructure. Marvell AI-Fueled Rally Preview
• Neutral Sentiment: Earnings volatility is likely to remain high. Options traders are pricing in an unusually large move around the August 27 report, making the earnings release and management’s commentary on the Google partnership particularly important for near-term direction. Marvell Options Traders Expect a Large Earnings Move
• Negative Sentiment: Valuation and execution risks remain. Analysts cautioned that MRVL’s sharp 2026 rally has left the stock priced for strong execution. Competition in custom silicon and networking, the need for Google deal details, and potential dilution from the warrants could limit gains if results or guidance disappoint. Marvell Stock Has Run Ahead of Fundamentals

Wall Street Analyst Weigh In

MRVL has been the topic of several research analyst reports. Barclays reaffirmed an “overweight” rating on shares of Marvell Technology in a research note on Thursday, August 20th. Needham & Company LLC increased their price target on shares of Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Rosenblatt Securities raised their price target on shares of Marvell Technology from $240.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $360.00 price objective on shares of Marvell Technology in a research report on Thursday, August 20th. Finally, Wells Fargo & Company upped their price objective on shares of Marvell Technology from $240.00 to $310.00 and gave the company an “overweight” rating in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $258.42.

Marvell Technology Stock Up 4.8%

MRVL opened at $240.38 on Wednesday. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88. The business has a 50-day moving average of $231.37 and a 200-day moving average of $173.94. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. The company has a market capitalization of $210.28 billion, a PE ratio of 82.32, a price-to-earnings-growth ratio of 1.43 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter in the previous year, the business posted $0.62 EPS. The firm’s quarterly revenue was up 27.6% compared to the same quarter last year. Equities research analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were paid a $0.06 dividend. The ex-dividend date was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s payout ratio is 8.22%.

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.