Leuthold Group LLC Purchases New Holdings in Marvell Technology, Inc. $MRVL

Leuthold Group LLC purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,435 shares of the semiconductor company’s stock, valued at approximately $908,000.

A number of other hedge funds also recently made changes to their positions in MRVL. Retirement Systems of Alabama purchased a new position in shares of Marvell Technology in the 3rd quarter worth $48,523,000. Midwest Capital Advisors LLC purchased a new stake in Marvell Technology during the third quarter valued at about $73,000. Palacios Wealth Management LLC purchased a new stake in Marvell Technology during the third quarter valued at about $206,000. Clear Wave Wealth Management LLC purchased a new stake in Marvell Technology during the third quarter valued at about $310,000. Finally, Joseph Group Capital Management acquired a new stake in Marvell Technology during the third quarter worth about $61,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Stock Down 0.1%

NASDAQ MRVL opened at $154.39 on Wednesday. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a fifty-two week low of $70.68 and a fifty-two week high of $329.88. The business has a 50 day moving average price of $231.92 and a two-hundred day moving average price of $184.95. The stock has a market cap of $135.38 billion, a PE ratio of 50.95, a P/E/G ratio of 4.62 and a beta of 2.32.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data 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. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. During the same quarter last year, the firm posted $0.67 earnings per share. The business’s quarterly 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. As a group, sell-side analysts predict that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

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

Insider Activity

In other Marvell Technology news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction on 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. The trade was a 0.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through 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, CAO Justin Scarpulla sold 1,100 shares of the company’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $273.59, for a total transaction of $300,949.00. Following the completion of the transaction, the chief accounting officer directly owned 909 shares of the company’s stock, valued at approximately $248,693.31. The trade was a 54.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 57,285 shares of company stock valued at $12,901,763 in the last 90 days. Company insiders own 0.12% of the company’s stock.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Some coverage views the selloff as excessive and MRVL as undervalued, pointing to potential upside; B. Riley maintained a Buy rating with a reduced $250 price target. Marvell’s reported 46% data-center growth and strong 2026 share-price gains are cited as reasons investors may see longer-term opportunity. Article: Marvell Stock’s Selloff Is Overdone
• Neutral Sentiment: Commentary is divided on Marvell’s planned all-stock Lumentum acquisition. The deal could expand Marvell’s position in AI data-center optical technology, but its value to Marvell shareholders depends on execution and the companies’ future cash flows. Article: Lumentum and Marvell’s all-stock offer
• Negative Sentiment: Deal uncertainty is a near-term overhang: a report cited merger specialists who put the odds of completing Marvell’s reported $115 billion Lumentum takeover at about 50%. Because the offer is all-stock, MRVL’s decline also reduces the offer’s value. Article: Marvell’s Lumentum Deal Faces 50-50 Odds
• Negative Sentiment: Investor flows and broader risk aversion have added pressure: ETFs were reported to have sold a net $134.4 million of Marvell shares on Nov. 6, while coverage attributes the recent weakness partly to investors exiting AI stocks. Article: ETFs Are Net Sellers of Marvell Technology

Wall Street Analyst Weigh In

MRVL has been the topic of a number of recent research reports. HC Wainwright reaffirmed a “buy” rating on shares of Marvell Technology in a research report on Tuesday, August 25th. B. Riley Financial decreased their price target on shares of Marvell Technology from $275.00 to $250.00 and set a “buy” rating for the company in a research report on Monday. Seaport Research Partners began coverage on shares of Marvell Technology in a research report on Tuesday, September 22nd. They set a “buy” rating and a $270.00 price target for the company. Arete Research upgraded Marvell Technology to a “strong-buy” rating in a report on Friday, October 16th. Finally, Wells Fargo & Company cut their price objective on Marvell Technology from $365.00 to $285.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus price target of $300.09.

Marvell Technology Company 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.