Whalen Wealth Management Inc. Buys New Shares in Marvell Technology, Inc. $MRVL

Whalen Wealth Management Inc. bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,723 shares of the semiconductor company’s stock, valued at approximately $1,248,000.

A number of other institutional investors have also recently bought and sold shares of MRVL. Hilton Head Capital Partners LLC grew its stake in shares of Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 225 shares during the period. C M Bidwell & Associates Ltd. acquired a new position in Marvell Technology in the second quarter valued at $27,000. MidFirst Bank acquired a new position in Marvell Technology in the fourth quarter valued at $28,000. Aberdeen Wealth Management LLC bought a new stake in Marvell Technology in the 2nd quarter valued at about $30,000. Finally, Pittenger & Anderson Inc. grew its position in Marvell Technology by 61.5% in the 1st quarter. Pittenger & Anderson Inc. now owns 315 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 120 shares during the last quarter. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Marvell Technology Price Performance

Shares of NASDAQ MRVL traded down $15.59 during trading on Thursday, hitting $269.09. The company had a trading volume of 12,070,399 shares, compared to its average volume of 27,626,828. Marvell Technology, Inc. has a 52 week low of $70.68 and a 52 week high of $329.88. The business’s 50-day moving average is $233.63 and its 200 day moving average is $208.92. The company has a market cap of $235.97 billion, a P/E ratio of 88.88, a PEG ratio of 2.77 and a beta of 2.26. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.62 and a current ratio of 3.17.

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

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Friday, October 9th will be issued 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%.

More Marvell Technology News

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

• Positive Sentiment: Marvell’s Investor Day significantly raised its growth ambitions. Management now expects approximately $20 billion in FY2028 revenue, up from $18 billion previously, and introduced a FY2031 revenue range of $70 billion to $90 billion. The targets are being driven by custom AI chips, networking products and optical interconnects for data centers. Marvell Technology Lifts 2031 Revenue Goal
• Positive Sentiment: Several analysts raised their price targets after the presentation, including Bank of America to $400, JPMorgan to $360, Susquehanna to $340 and RBC to $425. The upgrades reflect expectations that hyperscaler spending and demand for custom silicon could support growth well above current consensus estimates. Marvell Price Target Raised by Bank of America
• Neutral Sentiment: The bullish forecast implies an unusually demanding growth trajectory. Reaching even the low end of the FY2031 target would require roughly 54% annualized revenue growth, making customer wins, product launches and manufacturing capacity critical indicators for investors. Marvell has expanded its AT&S substrate relationship to help support future AI-chip production. Marvell’s $90 Billion Revenue Goal
• Negative Sentiment: Investors are questioning whether the aggressive outlook is already reflected in MRVL’s valuation. With the stock trading at a premium earnings multiple after a substantial rally, any delay in AI spending, product execution or customer adoption could cause a sharp valuation reset. Marvell also remains heavily dependent on a limited group of hyperscale customers and the data-center investment cycle. Marvell The Easy Money Is Already Over
• Negative Sentiment: Broader market conditions are adding pressure: rising Treasury yields and oil prices are weighing on high-growth technology shares, including AI-related chip stocks. This macro backdrop is encouraging profit-taking even though Marvell’s long-term guidance remains supportive. What’s Going On With Marvell Technology Stock Thursday

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on MRVL shares. Cantor Fitzgerald lifted their price target on Marvell Technology from $330.00 to $350.00 and gave the company a “neutral” rating in a report on Wednesday. Loop Capital raised Marvell Technology to a “strong-buy” rating in a research note on Tuesday, June 16th. Rosenblatt Securities boosted their price target on Marvell Technology from $240.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. Benchmark reissued a “buy” rating on shares of Marvell Technology in a research note on Monday, August 24th. Finally, Weiss Ratings raised shares of Marvell Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 2nd. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $320.82.

Insider Activity

In other news, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $223.39, for a total value of $1,675,425.00. Following the transaction, the chief executive officer owned 775,686 shares in the company, valued at $173,280,495.54. This represents a 0.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $180.50, for a total value of $1,805,000.00. Following the sale, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at $41,143,350.50. This trade represents a 4.20% 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. Over the last quarter, insiders sold 45,000 shares of company stock valued at $9,904,225. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Company 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.