29,039 Shares of Marvell Technology, Inc. $MRVL Purchased by Hager Investment Management Services LLC

Hager Investment Management Services LLC acquired a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 29,039 shares of the semiconductor company’s stock, valued at approximately $7,672,000. Marvell Technology comprises 3.6% of Hager Investment Management Services LLC’s investment portfolio, making the stock its 6th largest holding.

A number of other institutional investors also recently bought and sold shares of the company. Bear Mountain Capital Inc. acquired a new position in Marvell Technology in the 3rd quarter valued at about $1,841,000. Avion Wealth purchased a new stake in shares of Marvell Technology in the 3rd quarter valued at approximately $83,000. Hoertkorn Richard Charles purchased a new stake in shares of Marvell Technology in the 3rd quarter valued at approximately $17,184,000. Navigoe LLC purchased a new stake in shares of Marvell Technology in the 3rd quarter valued at approximately $35,000. Finally, Hohimer Wealth Management LLC acquired a new stake in shares of Marvell Technology during the 3rd quarter worth approximately $745,000. 83.51% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Investors rotated back into beaten-down AI chip stocks, helping Marvell recover. Coverage characterized the move as a rebound after the recent tech-sector rout. What’s Going On With Marvell Technology Stock Friday?
• Positive Sentiment: Marvell’s AI networking business is benefiting from demand for data-center connectivity. Separately, Zacks Research modestly raised several longer-term EPS forecasts, supporting the growth outlook. MRVL’s Networking Business Grows on the Back of AI
• Neutral Sentiment: The proposed all-stock acquisition of Lumentum would add optical technology for AI data centers, potentially addressing a key connectivity bottleneck. The strategic opportunity is substantial, but investors are weighing it against its cost and execution risks. Marvell Is Betting $115 Billion on 1 of AI’s Biggest Bottlenecks
• Negative Sentiment: The Lumentum deal has fueled concerns about shareholder dilution and whether Marvell is paying too much. Because it is an all-stock offer, its value moves with Marvell’s share price; closing is not expected until the first half of 2028 and requires regulatory approval. Marvell’s Lumentum Offer and Deal Risks
• Negative Sentiment: Broader uncertainty over AI regulation and possible data-center construction restrictions is weighing on the sector, since slower infrastructure buildouts could temper demand for Marvell’s networking products. Why Marvell Stock Is Falling Today

Insider Activity at Marvell Technology

In other news, insider Sandeep Bharathi sold 3,685 shares of the firm’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $234.97, for a total transaction of $865,864.45. Following the completion of the transaction, the insider directly owned 58,748 shares in the company, valued at $13,804,017.56. This trade represents a 5.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $186.97, for a total value of $1,869,700.00. Following the transaction, the chief operating officer owned 202,800 shares of the company’s stock, valued at approximately $37,917,516. This represents a 4.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 57,285 shares of company stock worth $12,901,763 over the last quarter. Company insiders own 0.12% of the company’s stock.

Marvell Technology Stock Performance

Shares of MRVL stock opened at $141.20 on Monday. Marvell Technology, Inc. has a 1-year low of $70.68 and a 1-year high of $329.88. The firm has a market cap of $123.82 billion, a PE ratio of 46.60, a price-to-earnings-growth ratio of 4.22 and a beta of 2.32. The company has a 50-day moving average of $234.31 and a two-hundred day moving average of $184.23. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) 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 business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. During the same period in the previous 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, analysts predict that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Friday, October 9th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, October 9th. Marvell Technology’s dividend payout ratio (DPR) is 7.92%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on MRVL shares. Susquehanna reduced their price target on shares of Marvell Technology from $340.00 to $300.00 and set a “positive” rating on the stock in a research report on Tuesday, November 3rd. DA Davidson set a $225.00 price objective on Marvell Technology in a research report on Tuesday, August 18th. Stifel Nicolaus increased their price objective on Marvell Technology from $350.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, October 7th. Barclays reissued an “overweight” rating on shares of Marvell Technology in a research note on Thursday, August 20th. Finally, Evercore restated an “outperform” rating and issued a $433.00 target price on shares of Marvell Technology in a research report on Tuesday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $300.85.

Marvell Technology Profile

Marvell Technology is a fabless semiconductor company that develops data infrastructure chips and related technologies. Its products include networking and Ethernet chips, storage controllers, processors, optical and connectivity solutions, and custom silicon used in data centers, carrier networks, enterprise systems, and other applications.

The company’s products help move, store, process, and secure data across cloud and telecommunications infrastructure. Marvell serves customers around the world, including equipment makers and technology companies that incorporate its semiconductors into their systems.

Founded in 1995, Marvell grew through product development and acquisitions to build a broad portfolio of infrastructure technologies.