2,641 Shares of Marvell Technology, Inc. $MRVL Acquired by HBW Advisory Services LLC

HBW Advisory Services LLC acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,641 shares of the semiconductor company’s stock, valued at approximately $698,000.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its holdings in shares of Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock valued at $25,511,649,000 after purchasing an additional 21,798,190 shares during the period. State Street Corp grew its stake in Marvell Technology by 79.3% in the second quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock worth $12,462,011,000 after purchasing an additional 18,495,866 shares in the last quarter. Bank of America Corp DE purchased a new position in Marvell Technology during the 2nd quarter worth $2,607,795,000. Bank of New York Mellon Corp increased its holdings in Marvell Technology by 153.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,957,985 shares of the semiconductor company’s stock worth $2,370,604,000 after purchasing an additional 4,815,725 shares during the period. Finally, Legal & General Group Plc purchased a new position in Marvell Technology during the 2nd quarter worth $1,742,526,000. 83.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on MRVL. Wells Fargo & Company upped their target price on Marvell Technology from $310.00 to $365.00 and gave the stock an “overweight” rating in a report on Wednesday, October 7th. Susquehanna increased their price target on Marvell Technology from $265.00 to $340.00 and gave the stock a “positive” rating in a research report on Wednesday, October 7th. Morgan Stanley raised their price target on Marvell Technology from $268.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 7th. Erste Group Bank downgraded Marvell Technology from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Finally, Cantor Fitzgerald lifted their price objective on Marvell Technology from $330.00 to $350.00 and gave the company a “neutral” rating in a report on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Marvell Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $327.36.

Insider Buying and Selling at Marvell Technology

In other news, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $273.59, for a total value of $300,949.00. Following the transaction, the chief accounting officer owned 909 shares of the company’s stock, valued at $248,693.31. The trade was a 54.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the transaction, the chief executive officer owned 775,686 shares of the company’s stock, valued at approximately $173,280,495.54. This trade represents a 0.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 46,100 shares of company stock valued at $10,205,174. 0.12% of the stock is currently owned by insiders.

Marvell Technology Trading Down 1.6%

Shares of NASDAQ MRVL opened at $241.24 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62. The stock has a market capitalization of $211.54 billion, a P/E ratio of 79.62, a price-to-earnings-growth ratio of 7.31 and a beta of 2.26. Marvell Technology, Inc. has a 1-year low of $70.68 and a 1-year high of $329.88. The business has a fifty day moving average price of $240.96 and a 200 day moving average price of $216.03.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The company had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. During the same quarter last year, the company earned $0.67 earnings per share. The firm’s revenue for the quarter was up 36.5% compared to the same quarter last year. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Equities research analysts expect that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Friday, October 9th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, October 9th. Marvell Technology’s dividend payout ratio is presently 7.92%.

Marvell Technology News Roundup

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: Marvell formed an Open Compute Project working group with Microsoft and Oracle to develop hardware-security standards for hyperscale data centers. The company also introduced six-channel CXL memory expansion, 224G-per-lane connectivity and other technologies aimed at AI infrastructure. These initiatives strengthen its positioning in data-center connectivity and memory-intensive AI workloads. Marvell Technology Forms Security Group and Unveils Six Channel AI Memory
• Positive Sentiment: Recent coverage highlights Marvell’s bullish long-term outlook, including an $18 billion revenue target, increasing demand for custom silicon and potential growth in optical networking. Analysts cited in the coverage reportedly have no sell ratings, supporting the longer-term investment case. Marvell’s New $18 Billion Revenue Target Could Be a Game-Changer
• Neutral Sentiment: Investor commentary remains divided on whether the recent pullback represents an attractive entry point. Marvell is viewed as a faster-growing, more concentrated AI and data-infrastructure company than Broadcom, but that focus also leaves it more exposed to customer concentration, execution risk and valuation swings. Should You Buy the Dip in Marvell Stock?
• Negative Sentiment: The immediate market backdrop is unfavorable: a hotter inflation reading and concerns about slowing Anthropic revenue growth have extended the technology and AI-stock selloff. Marvell’s high-growth profile and premium valuation make it particularly sensitive to risk reduction and profit-taking. Intel, Marvell, CoreWeave, TSMC, Apple, and More Stocks That Explain Today’s Market
• Negative Sentiment: Reports also point to insider selling and caution that Marvell’s optical business may take time to become a major contributor. These factors add near-term selling pressure despite the company’s improving long-term AI opportunity. Marvell Technology Stock Price Down After Insider Selling

Marvell Technology Profile

Marvell Technology, Inc (NASDAQ: MRVL) is a fabless semiconductor company that develops technologies for data infrastructure. Its products are used to move, process, store and secure data across cloud data centers, enterprise networks, telecommunications systems, automotive platforms and other communications applications.

The company’s portfolio includes custom application-specific integrated circuits, data processing and networking solutions, Ethernet products, storage controllers, optical and electro-optical components, and connectivity technologies.