Franklin Resources Boosts Stake in Marvell Technology
Franklin Resources Inc. has significantly increased its stake in Marvell Technology, Inc. by 47% in the third quarter of 2026, acquiring an additional 3,805,431 shares. This move brings Franklin Resources' total ownership to 11,903,051 shares, representing about 1.38% of Marvell's outstanding shares. The investment firm's increased confidence in Marvell, a key player in the semiconductor industry, signals positive long-term growth prospects for the company.
https://nationaltoday.com/us/ca/santa-clara/news/2026/03/11/franklin-resources-boosts-stake-in-marvell-technology/