FMR LLC Reports 9.6% Ownership Stake in Marvell Technology Inc. via Amended Schedule 13G
FMR LLC has filed a Schedule 13G/A (Amendment No. 6) with the SEC, reporting a significant increase in its stake in Marvell Technology Inc. (MRVL). As of May 29, 2026, FMR LLC beneficially owns 84,367,963.41 shares of Marvell's common stock, representing a 9.6% ownership stake. This is a substantial increase from the previously reported 0.0% ownership position, reflecting a total market value of approximately $26.7 billion. FMR LLC, acting as a parent holding company, exercises sole dispositive power over the entire share count and sole voting power over 79,098,099.15 shares. Abigail P. Johnson, as a reporting person, is also credited with the same aggregate amount of beneficial ownership. The filing specifies that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. No other single person is reported to have a beneficial interest exceeding 5% of the total outstanding common stock.