Azimuth Capital Reduces Marvell Technology Stake by 20.7%

Investment firm sells 41,923 shares of semiconductor company in Q3

Mar. 15, 2026 at 8:35am

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Azimuth Capital Investment Management LLC reduced its holdings in Marvell Technology, Inc. (NASDAQ:MRVL) by 20.7% in the third quarter, according to a recent SEC filing. The firm sold 41,923 shares, leaving it with 160,915 shares of the semiconductor company's stock worth $13,528,000 at the end of the quarter.

Why it matters

Marvell Technology is a major player in the semiconductor industry, providing chips and technology for data infrastructure, networking, storage, and connectivity. Institutional investors like Azimuth Capital closely monitor and adjust their positions in companies like Marvell, which can provide insights into market trends and sentiment.

The details

According to the filing, Azimuth Capital sold the 41,923 Marvell shares during the third quarter. The firm now owns 160,915 shares of the semiconductor company's stock, valued at $13,528,000 at the end of the period. Other hedge funds and institutional investors have also modified their Marvell Technology holdings, with some increasing and others decreasing their positions.

  • Azimuth Capital reduced its Marvell Technology stake in the 3rd quarter of 2026.

The players

Azimuth Capital Investment Management LLC

An investment management firm that reduced its holdings in Marvell Technology by 20.7% in the third quarter.

Marvell Technology, Inc.

A global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets.

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The takeaway

Institutional investors like Azimuth Capital closely monitor their positions in semiconductor companies like Marvell Technology, which can provide insights into broader market trends and sentiment around the industry.