Net Worth Advisory Group Acquires 4,254 Shares of Marvell Technology, Inc. $MRVL

Net Worth Advisory Group acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,254 shares of the semiconductor company’s stock, valued at approximately $1,140,000.

Several other hedge funds have also recently bought and sold shares of MRVL. Cape ANN Savings Bank raised its holdings in Marvell Technology by 2.3% during the second quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock valued at $669,000 after buying an additional 50 shares in the last quarter. Arlington Trust Co LLC lifted its position in shares of Marvell Technology by 24.1% in the second quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock worth $80,000 after buying an additional 52 shares during the last quarter. GoalVest Advisory LLC boosted its stake in shares of Marvell Technology by 26.0% during the 2nd quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock worth $94,000 after acquiring an additional 65 shares in the last quarter. Mayflower Financial Advisors LLC boosted its stake in shares of Marvell Technology by 1.7% during the 1st quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock worth $407,000 after acquiring an additional 68 shares in the last quarter. Finally, Bell Investment Advisors Inc increased its holdings in shares of Marvell Technology by 12.9% during the 1st quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock valued at $62,000 after acquiring an additional 72 shares during the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology News Roundup

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

  • Positive Sentiment: Investor optimism is being driven by Marvell’s AI infrastructure growth. One analysis said the company’s market capitalization has nearly tripled this year, while its reported six-year, $120 billion agreement with Alphabet provides significant long-term revenue visibility. Is Marvell Technology a Millionaire-Maker Stock?
  • Positive Sentiment: A reported delay to Google’s next tensor processing unit is being viewed as manageable rather than a major threat to Marvell’s custom-chip business. GF Securities reportedly believes the delay should not undermine Marvell’s competitive position, helping support the stock’s recovery. Marvell Jumps as Google Chip Delay Is Viewed as Manageable
  • Positive Sentiment: Analyst support has increased, with reports citing a higher fair-value estimate based on expectations for continued AI-related growth. Marvell also formed a Cloud Security Alliance following new CXL and connectivity launches, reinforcing its data-center positioning. Marvell Stock Sees Fair Value Lift
  • Positive Sentiment: Investors are also anticipating Marvell’s final dividend payment of the year, scheduled for late next week. The payout is a modest shareholder-return catalyst rather than a major change to the company’s growth outlook. Marvell to Pay Dividends Next Week
  • Neutral Sentiment: Marvell recently endured a sharp selloff even after management raised its fiscal 2028 revenue outlook at Investor Day. The rebound reflects renewed confidence in fundamentals, but the stock’s strong prior gains and high valuation leave it sensitive to execution and expectations. What Just Happened to Marvell Stock?
  • Negative Sentiment: Marvell’s CEO sold 7,500 shares in a preplanned transaction. Because the sale was scheduled in advance, it may not indicate a change in management’s outlook, but insider selling can weigh modestly on sentiment. Marvell CEO Sells Shares in Preplanned Trade

Marvell Technology Stock Performance

MRVL opened at $237.09 on Tuesday. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. The stock’s 50 day moving average price is $241.71 and its two-hundred day moving average price is $217.99. The firm has a market capitalization of $207.90 billion, a P/E ratio of 78.25, a price-to-earnings-growth ratio of 6.79 and a beta of 2.26. Marvell Technology, Inc. has a 12-month low of $70.68 and a 12-month high of $329.88.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings results 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 net margin of 27.93% and a return on equity of 13.57%. The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. During the same period in the prior year, the firm earned $0.67 EPS. The business’s revenue was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, equities analysts forecast that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, October 9th. Marvell Technology’s dividend payout ratio (DPR) is presently 7.92%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on MRVL shares. Raymond James Financial reissued a “strong-buy” rating on shares of Marvell Technology in a research note on Tuesday, October 6th. UBS Group boosted their target price on Marvell Technology from $335.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. Wolfe Research upped their target price on Marvell Technology from $280.00 to $375.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 7th. Craig Hallum reiterated a “buy” rating and set a $380.00 price target on shares of Marvell Technology in a report on Wednesday, October 7th. Finally, Susquehanna lifted their price target on shares of Marvell Technology from $265.00 to $340.00 and gave the company a “positive” rating in a research report on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $327.36.

Read Our Latest Research Report on Marvell Technology

Insider Activity at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $262.05, for a total transaction of $2,620,500.00. Following the sale, the chief operating officer directly owned 207,941 shares of the company’s stock, valued at $54,490,939.05. This trade represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Murphy sold 7,500 shares of the business’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $235.47, for a total value of $1,766,025.00. Following the transaction, the chief executive officer owned 768,186 shares in the company, valued at $180,884,757.42. This represents a 0.97% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 57,285 shares of company stock worth $12,837,063 in the last three months. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Profile

(Free Report)

Marvell Technology, Inc (NASDAQ: MRVL) is a semiconductor company that develops infrastructure solutions for data centers, telecommunications networks, enterprise systems, automotive applications and other connected markets. Its products are designed to support the movement, processing, storage and security of data across complex computing and communications environments.

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

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Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

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