83,841 Shares of Marvell Technology, Inc. $MRVL Bought by Gradient Investments LLC

Gradient Investments LLC acquired a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 83,841 shares of the semiconductor company’s stock, valued at approximately $22,152,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Avidian Wealth Enterprises LLC bought a new position in shares of Marvell Technology in the 3rd quarter valued at $3,339,000. Veracity Capital LLC acquired a new stake in Marvell Technology in the third quarter valued at about $274,000. Burr Financial Services LLC bought a new position in Marvell Technology in the third quarter valued at about $3,297,000. Quintet Private Bank Europe S.A. acquired a new position in Marvell Technology during the third quarter worth about $33,000. Finally, Toth Financial Advisory Corp bought a new position in shares of Marvell Technology in the third quarter worth about $137,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Marvell Technology Trading Down 5.6%

NASDAQ:MRVL traded down $15.96 during mid-day trading on Thursday, hitting $268.72. 15,596,572 shares of the company’s stock were exchanged, compared to its average volume of 27,639,352. Marvell Technology, Inc. has a fifty-two week low of $70.68 and a fifty-two week high of $329.88. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $235.64 billion, a P/E ratio of 88.12, a PEG ratio of 2.77 and a beta of 2.26. The company has a 50 day simple moving average of $233.63 and a 200-day simple moving average of $208.92.

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

Marvell Technology Dividend Announcement

The business 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 $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Friday, October 9th. Marvell Technology’s payout ratio is 7.92%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on MRVL. UBS Group raised their price target on shares of Marvell Technology from $335.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday. Erste Group Bank downgraded shares of Marvell Technology from a “buy” rating to a “hold” rating in a research note on Wednesday, July 15th. The Goldman Sachs Group restated a “neutral” rating and issued a $270.00 target price on shares of Marvell Technology in a research report on Wednesday. Jefferies Financial Group upped their price target on shares of Marvell Technology from $325.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. increased their price target on Marvell Technology from $305.00 to $360.00 and gave the company an “overweight” rating in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $320.82.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell’s October 6 Investor Day remains the central bullish catalyst. Management raised its FY2028 revenue target to approximately $20 billion, above the roughly $18.2 billion consensus estimate, and introduced a FY2031 revenue range of $70 billion to $90 billion. The outlook is being driven by custom AI chips, networking and optical infrastructure for hyperscale data centers. Marvell Technology Lifts 2031 Revenue Goal
• Positive Sentiment: Several analysts raised their price targets following the Investor Day, including Bank of America to $400, JPMorgan to $360, RBC to $425, Needham to $400 and Evercore ISI to $433. The revisions indicate that Wall Street sees substantial upside if Marvell can convert AI demand into sustained revenue and earnings growth. Marvell Price Target Raised by Bank of America
• Positive Sentiment: Marvell plans to showcase open AI infrastructure solutions at the OCP Global Summit from October 12–15, highlighting its custom silicon, connectivity and data-center technologies. The event could provide additional visibility into products and customer demand. Marvell to Showcase Open AI Infrastructure Solutions
• Neutral Sentiment: The new forecast substantially increases expectations: reaching even the low end of the FY2031 range would require roughly 54% annualized growth from FY2026 revenue of about $8.2 billion. Investors are therefore looking for evidence at the upcoming AI Strategy Day and future quarterly results that demand, manufacturing capacity and customer deployments can support the targets. What Will Marvell Reveal at Its AI Strategy Day?
• Negative Sentiment: Bearish commentary argues that much of the expected AI growth is already reflected in MRVL’s valuation. With a high earnings multiple, any delay in custom-chip programs, supply constraints or weaker hyperscaler capital spending could cause a sharp multiple contraction. Revenue concentration in large data-center customers adds to that risk. Marvell The Easy Money Is Already Over
• Negative Sentiment: Near-term trading is also being pressured by macro conditions, including elevated Treasury yields and higher oil prices, which are weighing on high-growth technology stocks broadly. What’s Going On With Marvell Technology Stock Thursday?

Insider Activity

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $262.05, for a total transaction of $2,620,500.00. Following the completion of the sale, the chief operating officer owned 207,941 shares of the company’s stock, valued at approximately $54,490,939.05. This represents a 4.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 completion of the transaction, the chief executive officer owned 775,686 shares in the company, valued at $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. In the last three months, insiders sold 45,000 shares of company stock valued at $9,904,225. Insiders own 0.12% of the company’s stock.

About Marvell Technology

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.