Caisse de Depot Et Placement Du Quebec Adds $165M in Marvell Technology, Inc. ($MRVL)

The fund significantly increased its holdings in Marvell, adding over half a million shares.

Written by EarningsIQ · Published Jun 17, 2026, 4:34 AM EDT

Key Points

Caisse de Depot Et Placement Du Quebec increased its Marvell Technology stake by 377.7%, adding 534,461 shares to hold a total of 675,962 shares valued at $208.8 million.
Shares of Marvell Technology, Inc. traded near $308.88 with a market cap of $243.8 billion and a P/E ratio of 106.4.
Recent analyst activity shows strong buy ratings with targets ranging from $225 to $345, while insiders have been active with both planned and unplanned transactions.

Caisse de Depot Et Placement Du Quebec has significantly increased its stake in Marvell Technology, Inc. (NasdaqGS: MRVL), according to its latest 13F filing with the SEC. The fund boosted its holdings by 377.7%, adding 534,461 shares. As of the reporting period, it now holds 675,962 shares valued at approximately $208.8 million.

What Changed in Caisse de Depot Et Placement Du Quebec's Marvell Technology Position

The fund's move marks a substantial increase from its previous position of 141,501 shares. With the addition of 534,461 shares, Caisse de Depot Et Placement Du Quebec's stake in Marvell Technology now totals 675,962 shares. This change represents a 377.7% increase and reflects a significant vote of confidence in the semiconductor company.

Other Institutional Activity in Marvell Technology

Several other major funds have also been active in Marvell Technology. FMR LLC increased its holdings by 4,438,241 shares, bringing its total to 131,255,670 shares worth about $13 billion. BlackRock, Inc. added 4,036,492 shares, ending with 63,842,984 shares valued at $6.3 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both reported new positions, each holding over 33 million shares. State Street Corp also increased its holdings by 503,590 shares to a total of 23,338,406 shares, valued at approximately $2.3 billion.

Marvell Technology Stock Snapshot

Shares of Marvell Technology, Inc. are trading near $308.88. The company boasts a market cap of $243.8 billion and a P/E ratio of 106.4, with a forward P/E of 45.1. Marvell's stock has seen a 52-week range between $61.44 and $324.20. The stock's 50-day moving average is $190.42, while the 200-day moving average stands at $110.70. The company maintains a strong current ratio of 3.28 and a quick ratio of 2.51, with a debt-to-equity ratio of 28.97.

Recent Earnings

In its most recent earnings report, Marvell Technology posted revenue of $8.72 billion, reflecting a growth rate of 27.6%. The company achieved a net margin of 28.99% and a return on equity of 16.03%. Earnings per share came in at $2.62. The next earnings report is expected on August 27, 2026.

Dividend

Marvell Technology offers an annual dividend rate of $0.24, yielding 0.09%. The company's dividend payout ratio is a modest 8.25%.

Insider Buying and Selling at Marvell Technology, Inc.

Recent insider activity at Marvell Technology includes planned sales by CEO Matthew Murphy, who sold 7,500 shares at an average price of $298.76 on June 15, 2026. EVP & Chief Legal Officer Mark Casper also sold 1,000 shares on the same day. Other insiders, including Rebecca House and Tudor Brown, were active in June, with both buying and selling transactions reported.

Analysts Set New Price Targets

Analyst sentiment remains positive on Marvell Technology. On June 12, 2026, Rosenblatt maintained its 'buy' rating with a $240 price target. B. Riley Securities echoed this sentiment with a $345 target. UBS and Citigroup both maintained 'buy' ratings with targets of $230 and $225 respectively. The consensus among 41 analysts is a 'strong buy', with a mean price target of $235.70.

About Marvell Technology

Marvell Technology, Inc., headquartered in Wilmington, Delaware, develops semiconductor solutions for data infrastructure. The company serves markets ranging from data centers to network edge, offering a range of products including ethernet solutions, processors, and interconnect products. With a workforce of 7,480 employees, Marvell is led by CEO Matthew J. Murphy and operates globally.

Bottom Line

Caisse de Depot Et Placement Du Quebec's significant increase in its Marvell Technology stake underscores its confidence in the company's prospects. Investors often track such moves for insights into fund strategies. It's important to note that 13F filings are backward-looking and may not reflect current positions.