From Yahoo Finance: 2025-05-06 09:19:00

Artisan Partners released its first quarter 2025 investor letter, with the Artisan Mid Cap Fund showing negative returns compared to the Russell Midcap Growth Index. US equities saw a strong Q4 in 2024, with value stocks leading in Q1 2025 as investors turned to lower-volatility equities and higher dividend yields.

Marvell Technology, Inc. (NASDAQ: MRVL) was highlighted in the Artisan Mid Cap Fund’s Q1 2025 investor letter, offering data infrastructure semiconductor solutions. With a 21.53% one-month return, Marvell Technology, Inc. (MRVL) closed at $61.98 per share on May 5, 2025, with a market cap of $53.679 billion.

In the investor letter, Artisan Mid Cap Fund mentioned Marvell Technology, Inc. (MRVL) as a top detractor due to market conditions. Despite strong earnings growth, the company’s forward guidance did not meet investor expectations, leading to a decline in shares amidst a fragile market environment for AI-related companies.

Marvell Technology, Inc. (MRVL) is not among the 30 most popular stocks among hedge funds, but 105 hedge fund portfolios held it by the end of Q4 2024. The company reported record revenue in Q4 of fiscal 2025, showing potential as an investment. However, hedge funds believe AI stocks offer greater promise for higher returns within a shorter timeframe.

Read more: Marvell Technology (MRVL) Fell in the Volatile Environment