Marvell Technology, Inc. $MRVL Shares Sold by PFG Investments LLC

17 Apr 2026, 07:40 by Jessica Moore · The Cerbat Gem

PFG Investments LLC cut its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 34.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,685 shares of the semiconductor company’s stock after selling 9,878 shares during the quarter. PFG Investments LLC’s holdings in Marvell Technology were worth $1,588,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Atlantic Edge Private Wealth Management LLC raised its holdings in Marvell Technology by 160.0% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 200 shares during the last quarter. Nova Wealth Management Inc. boosted its holdings in shares of Marvell Technology by 3,922.2% during 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 during the last quarter. Financial Consulate Inc. purchased a new stake in shares of Marvell Technology in the third quarter valued at approximately $41,000. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Marvell Technology by 98.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 493 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 244 shares during the last quarter. Finally, Strive Asset Management LLC purchased a new position in Marvell Technology during the third quarter worth approximately $42,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

More Marvell Technology News

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

Positive Sentiment: Major strategic partnership and capital infusion — Nvidia agreed to invest $2 billion and expand collaboration with Marvell around the NVLink Fusion AI interconnect ecosystem; Marvell is also working with Microsoft and Amazon on custom AI chips, placing it at the center of hyperscaler AI infrastructure demand. Marvell’s AI Role Expands As Nvidia Joins Microsoft And Amazon
Positive Sentiment: Wall Street momentum — several firms have lifted ratings/targets (Oppenheimer, Stifel, B. Riley and others), citing accelerating AI data-center demand and Marvell’s growing role supplying interconnect and custom chip technology; these upgrades have supported the recent multi‑week price surge. Marvell (MRVL) Stock Surges 22% as Wall Street Raises Price Targets on AI Chip Growth Stifel Raises Marvell’s Target to $140
Neutral Sentiment: Sector-wide AI strength — peer rallies (e.g., AMD, Nvidia) boost sentiment for AI-levered chip names and likely contributed to inflows into MRVL as investors chase AI exposure. AMD Stock Hits All-Time High in Longest Winning Streak Since 2005. Can It Keep It Going?
Neutral Sentiment: Industry visibility events — COMPUTEX and keynote appearances (including Marvell) could keep the company in the spotlight and help surface new partner or product news over the coming months. Registration for Keynotes Now Open! Largest-ever COMPUTEX Forum
Negative Sentiment: Bearish analyst note/downgrade — some research (Seeking Alpha piece) warns the rally may be “hasty” and that Marvell could be slower in parts of the AI race, prompting a downgrade to Hold and sowing caution among momentum traders. Marvell: Slower To AI Race, Hasty Rally – Downgrade To Hold
Negative Sentiment: Valuation concerns and profit‑taking risk — several articles question whether recent gains (150%+ YTD) already price in perfection, increasing the risk of pullbacks if growth or execution disappoints. Is It Too Late To Consider Marvell Technology (MRVL) After Its 160% One-Year Surge?

Marvell Technology Price Performance

Shares of MRVL opened at $133.37 on Friday. The firm has a 50-day simple moving average of $93.48 and a two-hundred day simple moving average of $88.51. The stock has a market cap of $116.63 billion, a PE ratio of 43.30, a P/E/G ratio of 1.22 and a beta of 1.83. Marvell Technology, Inc. has a 1-year low of $48.09 and a 1-year high of $138.19. 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 – Get Free Report) last issued its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm 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 business’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Announces Dividend

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

Insider Buying and Selling at Marvell Technology

In other news, EVP Mark Casper sold 10,854 shares of Marvell Technology stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the completion of the sale, the executive vice president directly owned 4,023 shares of the company’s stock, valued at approximately $430,501.23. The trade was a 72.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Sandeep Bharathi sold 66,892 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the transaction, the insider directly owned 55,199 shares in the company, valued at approximately $7,195,189.65. The trade was a 54.79% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 206,060 shares of company stock valued at $23,879,612. Corporate insiders own 0.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MRVL. Royal Bank Of Canada boosted their price objective on Marvell Technology from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, March 2nd. Oppenheimer lifted their price target on Marvell Technology from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday. Zacks Research raised shares of Marvell Technology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Citigroup upped their price objective on shares of Marvell Technology from $113.00 to $118.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Susquehanna reaffirmed a “positive” rating on shares of Marvell Technology in a research note on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $121.06.

View Our Latest Stock Report on MRVL

Marvell Technology Profile

(Free Report)

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.