Public Employees Retirement System of Ohio Acquires New Position in Marvell Technology, Inc. $MRVL

Public Employees Retirement System of Ohio acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the second quarter, HoldingsChannel reports. The fund acquired 341,019 shares of the semiconductor company’s stock, valued at approximately $101,586,000.

A number of other institutional investors have also recently bought and sold shares of MRVL. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology in the fourth quarter valued at about $25,000. Jessup Wealth Management Inc bought a new position in Marvell Technology during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC grew its holdings in Marvell Technology by 978.3% during the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 225 shares during the period. Cherry Tree Wealth Management LLC acquired a new stake in Marvell Technology in the fourth quarter worth $26,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in shares of Marvell Technology in the 2nd quarter valued at $27,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Stock Down 1.5%

Shares of MRVL opened at $241.45 on Friday. The firm has a market cap of $211.22 billion, a P/E ratio of 82.69, a price-to-earnings-growth ratio of 1.53 and a beta of 2.24. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The firm’s 50-day simple moving average is $229.10 and its 200 day simple moving average is $176.28.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. The company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The business’s revenue was up 36.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current 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 given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, July 10th. Marvell Technology’s dividend payout ratio is presently 8.22%.

Insider Buying and Selling

In other Marvell Technology news, insider Sandeep Bharathi sold 2,231 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the sale, the insider directly owned 55,530 shares in the company, valued at $16,610,688.90. This represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the sale, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at approximately $41,143,350.50. This trade represents a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 41,981 shares of company stock valued at $9,753,132. 0.12% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Morgan Stanley reiterated a “positive” rating on shares of Marvell Technology in a research report on Friday. Susquehanna increased their price objective on Marvell Technology from $230.00 to $265.00 and gave the stock a “positive” rating in a report on Tuesday. Needham & Company LLC lifted their price objective on shares of Marvell Technology from $118.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Bank of America lifted their price target on shares of Marvell Technology from $240.00 to $365.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, DA Davidson set a $225.00 price objective on shares of Marvell Technology in a research note on Tuesday, August 18th. Three analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology has an average rating of “Moderate Buy” and a consensus price target of $258.42.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell reported adjusted earnings of $0.94 per share, ahead of the approximately $0.92–$0.93 consensus, while revenue reached about $2.74 billion, slightly above estimates. Revenue increased 37% year over year, supported by strong demand for AI infrastructure. Marvell Technology Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Data-center revenue reportedly jumped 46%, highlighting accelerating demand for Marvell’s custom silicon and optical networking products used in AI data centers. The company also raised its full-year and next-year revenue outlooks, reinforcing the long-term AI growth story. Marvell Sees Accelerating Growth as AI Demand Boosts Second-Quarter Profit and Revenue
• Positive Sentiment: Third-quarter fiscal 2027 guidance calls for adjusted EPS of $1.05–$1.15, above the $1.03 consensus, and revenue of $3.0–$3.3 billion. The forecast indicates continued sequential growth in AI-related demand. Marvell Technology Forecasts Quarterly Revenue Above Estimates
• Neutral Sentiment: Investors were focused on visibility into Marvell’s recently announced multibillion-dollar custom-chip agreement with Google, including the timing of revenue contribution and the impact of related warrants. The earnings release did not appear to provide a sufficiently large near-term surprise to reset expectations.
• Negative Sentiment: The earnings beats were narrow, and management’s forecast provided limited upside relative to elevated Wall Street expectations. With MRVL priced for exceptional AI growth, traders treated the results as “good, but not good enough,” prompting a post-earnings selloff. Marvell Is Boosting Its Forecasts, but That’s Not Enough to Lift Its Stock

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.