Hager Investment Management Services LLC Trims Position in Marvell Technology, Inc. $MRVL

Market Beat
2026.02.26 11:37
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Hager Investment Management Services LLC has reduced its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 47.5% in Q3, now holding 24,860 shares valued at $2.09 million. Other institutional investors have also adjusted their positions. Notably, EVP Mark Casper sold 5,000 shares, decreasing his ownership by 20.48%. Analysts have raised price targets for MRVL, with a consensus rating of "Moderate Buy" and an average target price of $115.31. Marvell is also showcasing advancements in AI-focused data-center connectivity at DesignCon 2026, attracting positive investor sentiment.