Banco Bilbao Vizcaya Argentaria S.A. Grows Position in Marvell Technology, Inc.

The Spanish bank increased its stake in the semiconductor company by 30.1% in the third quarter.

Mar. 16, 2026 at 8:19am

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Banco Bilbao Vizcaya Argentaria S.A., a major Spanish bank, grew its position in Marvell Technology, Inc. (NASDAQ:MRVL) by 30.1% during the third quarter of 2026, according to a recent SEC filing. The bank now owns 184,021 shares of the semiconductor company's stock, valued at $15.4 million.

Why it matters

Marvell Technology is a leading semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage, and connectivity markets. The increase in Banco Bilbao Vizcaya Argentaria's stake suggests the bank sees long-term growth potential in Marvell's business and technology.

The details

According to the SEC filing, Banco Bilbao Vizcaya Argentaria S.A. acquired an additional 42,547 shares of Marvell Technology during the third quarter, bringing its total holdings to 184,021 shares. This represents a 30.1% increase in the bank's position in the semiconductor company.

  • Banco Bilbao Vizcaya Argentaria S.A. filed the SEC report disclosing the increased stake in Marvell Technology on March 16, 2026.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish bank that has grown its position in Marvell Technology, Inc., a leading semiconductor company.

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

Banco Bilbao Vizcaya Argentaria's increased stake in Marvell Technology suggests the bank sees long-term growth potential in the semiconductor company's business and technology, which could be a positive sign for Marvell's future performance.