Marvell Technology, Inc. $MRVL Shares Purchased by Channing Capital Management LLC

04 Dec 2025, 05:26 by Teresa Graham · The Cerbat Gem

Channing Capital Management LLC lifted its position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 63.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,361 shares of the semiconductor company’s stock after acquiring an additional 49,747 shares during the quarter. Channing Capital Management LLC’s holdings in Marvell Technology were worth $9,935,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MRVL. Harbour Investments Inc. increased its stake in Marvell Technology by 48.1% during the first quarter. Harbour Investments Inc. now owns 3,062 shares of the semiconductor company’s stock valued at $189,000 after purchasing an additional 994 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Marvell Technology by 4.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 80,503 shares of the semiconductor company’s stock valued at $4,957,000 after buying an additional 3,336 shares during the period. Scotia Capital Inc. grew its position in shares of Marvell Technology by 4.0% during the 1st quarter. Scotia Capital Inc. now owns 51,413 shares of the semiconductor company’s stock valued at $3,166,000 after buying an additional 1,988 shares during the last quarter. Thoroughbred Financial Services LLC raised its stake in Marvell Technology by 27.0% during the first quarter. Thoroughbred Financial Services LLC now owns 15,624 shares of the semiconductor company’s stock worth $961,000 after acquiring an additional 3,320 shares during the period. Finally, Atria Wealth Solutions Inc. raised its stake in Marvell Technology by 9.2% during the first quarter. Atria Wealth Solutions Inc. now owns 48,258 shares of the semiconductor company’s stock worth $2,971,000 after acquiring an additional 4,068 shares during the period. 83.51% of the stock is currently owned by institutional investors.

Insider Transactions at Marvell Technology

In other news, CFO Willem A. Meintjes purchased 3,400 shares of the firm’s stock in a transaction on Thursday, September 25th. The stock was purchased at an average cost of $78.03 per share, with a total value of $265,302.00. Following the purchase, the chief financial officer owned 132,159 shares in the company, valued at $10,312,366.77. This trade represents a 2.64% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Chris Koopmans purchased 6,800 shares of the stock in a transaction dated Thursday, September 25th. The shares were purchased at an average price of $78.03 per share, for a total transaction of $530,604.00. Following the completion of the transaction, the chief operating officer owned 104,825 shares in the company, valued at $8,179,494.75. This trade represents a 6.94% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have bought 27,200 shares of company stock valued at $2,109,632. 0.19% of the stock is currently owned by company insiders.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $100.20 on Thursday. The stock has a market cap of $86.38 billion, a P/E ratio of -770.77, a P/E/G ratio of 1.10 and a beta of 1.93. The firm’s 50-day simple moving average is $87.15 and its 200 day simple moving average is $76.77. Marvell Technology, Inc. has a fifty-two week low of $47.08 and a fifty-two week high of $127.48. The company has a quick ratio of 1.44, a current ratio of 1.88 and a debt-to-equity ratio of 0.30.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.74 by $0.02. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The firm had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.06 billion. During the same quarter last year, the company earned $0.43 EPS. Marvell Technology’s quarterly revenue was up 36.8% on a year-over-year basis. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Equities analysts expect that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology announced that its Board of Directors has approved a stock repurchase program on Wednesday, September 24th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase up to 7.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 30th. Investors of record on Friday, October 10th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, October 10th. This represents a $0.24 annualized dividend and a yield of 0.2%. Marvell Technology’s payout ratio is presently 8.42%.

Wall Street Analyst Weigh In

Several research firms have recently commented on MRVL. Morgan Stanley set a $112.00 target price on Marvell Technology in a report on Wednesday. Wells Fargo & Company upped their price objective on Marvell Technology from $90.00 to $135.00 and gave the stock an “overweight” rating in a research note on Wednesday. Hsbc Global Res raised Marvell Technology to a “hold” rating in a research report on Monday, November 24th. Stifel Nicolaus boosted their price target on shares of Marvell Technology from $95.00 to $114.00 and gave the company a “buy” rating in a report on Wednesday. Finally, HSBC started coverage on shares of Marvell Technology in a research report on Monday, November 24th. They set a “hold” rating and a $85.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $111.00.

View Our Latest Research Report on MRVL

About Marvell Technology

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