USS Investment Management Ltd Cuts Position in Marvell Technology, Inc. $MRVL

15 Jun 2026, 09:48 by Amy Steele · The Cerbat Gem

USS Investment Management Ltd reduced its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 202,506 shares of the semiconductor company’s stock after selling 2,299 shares during the period. USS Investment Management Ltd’s holdings in Marvell Technology were worth $17,209,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Keel Point LLC grew its position in shares of Marvell Technology by 2.2% in the fourth quarter. Keel Point LLC now owns 5,649 shares of the semiconductor company’s stock valued at $480,000 after purchasing an additional 124 shares in the last quarter. Faithward Advisors LLC grew its position in shares of Marvell Technology by 2.1% in the third quarter. Faithward Advisors LLC now owns 6,242 shares of the semiconductor company’s stock valued at $525,000 after purchasing an additional 126 shares in the last quarter. SouthState Bank Corp grew its position in shares of Marvell Technology by 17.6% in the fourth quarter. SouthState Bank Corp now owns 863 shares of the semiconductor company’s stock valued at $73,000 after purchasing an additional 129 shares in the last quarter. South Plains Financial Inc. grew its position in shares of Marvell Technology by 1.6% in the third quarter. South Plains Financial Inc. now owns 8,454 shares of the semiconductor company’s stock valued at $711,000 after purchasing an additional 130 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. grew its position in shares of Marvell Technology by 1.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 10,546 shares of the semiconductor company’s stock valued at $896,000 after purchasing an additional 132 shares in the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on MRVL. Raymond James Financial set a $235.00 price target on Marvell Technology and gave the company a “strong-buy” rating in a research report on Thursday, May 28th. Barclays upped their price target on Marvell Technology from $150.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Rosenblatt Securities restated a “buy” rating and issued a $240.00 price target on shares of Marvell Technology in a research report on Friday. Needham & Company LLC upped their price target on Marvell Technology from $118.00 to $270.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, Evercore restated an “outperform” rating and issued a $155.00 price target on shares of Marvell Technology in a research report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and an average price target of $224.68.

Get Our Latest Analysis on Marvell Technology

Marvell Technology Stock Performance

MRVL opened at $279.70 on Monday. Marvell Technology, Inc. has a one year low of $61.44 and a one year high of $324.20. The stock has a market capitalization of $244.68 billion, a PE ratio of 95.79, a P/E/G ratio of 1.83 and a beta of 2.29. The business’s 50 day moving average price is $182.49 and its 200 day moving average price is $119.60. 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 (NASDAQ:MRVL – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same period in the prior year, the firm earned $0.62 earnings per share. The firm’s revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities research analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Announces Dividend

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

Insiders Place Their Bets

In other news, CFO Willem A. Meintjes sold 4,000 shares of Marvell Technology stock in a transaction on Friday, May 15th. The stock was sold at an average price of $175.24, for a total value of $700,960.00. Following the completion of the sale, the chief financial officer directly owned 226,675 shares of the company’s stock, valued at approximately $39,722,527. The trade was a 1.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction on Monday, June 1st. The shares were sold at an average price of $205.87, for a total value of $2,058,700.00. Following the completion of the sale, the chief operating officer directly owned 237,392 shares of the company’s stock, valued at $48,871,891.04. The trade was a 4.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 255,060 shares of company stock valued at $31,959,772. Insiders own 0.12% of the company’s stock.

Key Marvell Technology News

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

Positive Sentiment: Marvell is set to join the S&P 500 on June 22, a move that can drive automatic buying from index funds and reinforce investor confidence in the company’s scale and profitability.
Positive Sentiment: B. Riley raised its price target on Marvell to $345 and maintained a buy rating, signaling continued upside expectations for the AI-driven semiconductor business.
Positive Sentiment: Erste Group lifted its FY2027 and FY2028 earnings estimates, reflecting higher expectations for Marvell’s long-term AI infrastructure growth.
Positive Sentiment: Marvell’s appointment of Dan Durn as CFO, along with the company’s reaffirmed outlook, suggests management sees a stable transition while it continues pushing its AI growth strategy. Article: Marvell Taps Adobe CFO as AI Growth Push Continues
Neutral Sentiment: Coverage across financial media continues to highlight Marvell as a major AI infrastructure name, which keeps the stock in focus but does not by itself change fundamentals.
Neutral Sentiment: Some commentary notes that the stock has run up sharply and is trading at a premium valuation, which could lead to more volatility if expectations get too high.
Negative Sentiment: Rosenblatt reaffirmed a buy rating but kept a $240 price target, which is below the current trading level and suggests some analysts see limited near-term upside from here.

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.