Highland Capital Management 13F: Cuts MRVL Stake by $6M

Highland Capital Management cut its position in Marvell Technology, Inc. (MRVL) by 22,660 shares in a filing on October 26, 2026. This reduction brings the fund's total holdings in Marvell to 46,256 shares, valued at approximately $12.2 million.

MRVL Marvell Technology, Inc.

$233.78 ▲ +161.97% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Marvell Technology Fits in Highland Capital Management's Portfolio

Highland's stake in Marvell represents 1.47% of its total reported portfolio, ranking it 11th among the fund's 415 holdings.

Other Institutional Activity in Marvell Technology

Gf Fund Management boosted its stake in Marvell by 720,431 shares, bringing its total to 908,380 shares worth about $240 million. This significant increase indicates strong interest in Marvell among institutional investors.

Marvell Technology, Inc. Stock Up 2.3%

Marvell's shares recently traded around $233.78, which is about equal to the closing price on October 26, 2026. The stock is currently 29.1% below its 52-week high of $329.88 and 3.9% below its 50-day moving average of $243.19, but it is 230.7% above its 52-week low of $70.69.

Recent Earnings

Marvell reported trailing twelve-month revenue of approximately $9.45 billion, with an earnings per share (EPS) of $3.04. The next earnings report is set for December 1, 2026.

Dividend

Marvell Technology pays an annual dividend of $0.24 per share, resulting in a yield of 0.1%.

Insider Buying and Selling at Marvell Technology, Inc.

Several insiders have sold shares of Marvell recently. Christopher R. Koopmans, President, sold 10,000 shares on August 3, 2026, at an average price of $180.50, totaling about $1.81 million. CEO Matthew Joseph Murphy sold 7,500 shares on August 17, 2026, at an average price of $236.08, valued at approximately $1.77 million. These transactions reflect ongoing insider activity, although they do not imply negative sentiment.

Analysts Set New Price Targets

On October 7, 2026, several firms maintained their ratings on Marvell Technology. UBS kept a "Buy" rating with a price target of $350, while Jefferies also maintained a "Buy" with a target of $450. JP Morgan and Wells Fargo both maintained "Overweight" ratings with targets of $360 and $365, respectively. The consensus rating is a strong buy, with a mean target price of $341.44 from 43 analyst opinions.

About Marvell Technology

Marvell Technology, Inc. provides semiconductor solutions for data infrastructure, covering everything from data centers to network edges. With a focus on system-on-a-chip architectures, Marvell operates globally, developing products that integrate various signal processing functionalities.

Bottom Line

Investors should keep an eye on Marvell's upcoming earnings report on December 1, 2026, as well as any further filings from Highland Capital Management regarding their position changes. This recent cut in holdings highlights a shift in strategy for Highland amidst varying institutional interest in Marvell.