SCHEDULE: FMR LLC Boosts Marvell Tech Stake to 13.3%
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 13.3% in Marvell Technology Inc., totaling over 114 million shares as of June 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson collectively beneficially own 114,696,561.43 shares of Marvell Technology Inc. common stock.
- This ownership represents 13.3% of the total outstanding common stock of Marvell Technology Inc.
- FMR LLC holds sole voting power over 106,986,787.74 shares and sole dispositive power over 114,696,561.43 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Marvell Technology Inc.
- Abigail P. Johnson, as a Director, Chairman, and Chief Executive Officer of FMR LLC, is part of the Johnson family group, which predominantly owns Series B voting common shares of FMR LLC, representing 49% of its voting power.
- Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are involved in the beneficial ownership, with Fidelity Management & Research Company LLC beneficially owning 5% or greater of the outstanding shares.
Sentiment
Score: 6
Explanation: The filing is a routine disclosure of beneficial ownership by a major institutional investor. The maintenance of a significant stake (13.3%) by FMR LLC could be viewed as a neutral to slightly positive signal of continued confidence in Marvell Technology Inc., though the filing itself does not provide performance or strategic updates.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by a major institutional investor in Marvell Technology Inc., a company operating within the semiconductor industry. It does not provide specific insights into broader industry trends or competitive dynamics.
Stakeholder Impact
- Primarily impacts shareholders by disclosing a significant institutional ownership stake, which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 2023-05-23 | Effective date of Power of Attorney for Richard Bourgelas, authorizing signatures on behalf of FMR LLC and Abigail P. Johnson. |
| 2023-08-08 | Date of previous Schedule 13G filing by FMR LLC (accession number: -23-002397) referenced for Power of Attorney. |
| 2025-06-30 | Date of event which requires filing of this statement, representing the reporting period end date for beneficial ownership calculation. |
| 2025-08-05 | Filing date of this Schedule 13G Amendment No. 4. |
Keywords
Marvell Technology Inc, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Semiconductor Industry
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