Sigma Planning Corp Makes New Investment in Marvell Technology, Inc. $MRVL

Sigma Planning Corp acquired a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, HoldingsChannel reports. The firm acquired 10,707 shares of the semiconductor company’s stock, valued at approximately $2,797,000.

Other institutional investors have also added to or reduced their stakes in the company. Birch Hill Investment Advisors LLC bought a new position in shares of Marvell Technology during the 3rd quarter worth approximately $848,000. Swedbank AB raised its holdings in shares of Marvell Technology by 2.8% in the first quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock valued at $315,925,000 after purchasing an additional 85,816 shares during the last quarter. Merit Financial Group LLC lifted its position in shares of Marvell Technology by 22.9% in the second quarter. Merit Financial Group LLC now owns 27,079 shares of the semiconductor company’s stock worth $8,067,000 after purchasing an additional 5,047 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Marvell Technology by 49.7% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company’s stock worth $27,105,000 after purchasing an additional 90,800 shares in the last quarter. Finally, Swiss National Bank lifted its position in shares of Marvell Technology by 5.4% in the first quarter. Swiss National Bank now owns 2,489,003 shares of the semiconductor company’s stock worth $246,536,000 after purchasing an additional 126,600 shares in the last quarter. 83.51% of the stock is owned by institutional investors.

Marvell Technology Price Performance

NASDAQ MRVL opened at $243.57 on Wednesday. Marvell Technology, Inc. has a 12 month low of $70.68 and a 12 month high of $329.88. The stock has a 50 day moving average of $243.37 and a 200-day moving average of $180.28.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share 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 the consensus estimate of $2.72 billion. Marvell Technology’s quarterly revenue was up 36.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, equities analysts expect that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders 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 of this dividend is Friday, October 9th.

Marvell Technology News Summary

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

• Positive Sentiment: Management reportedly raised its revenue outlook, while Chief Operating Officer Chris Scha? said Marvell has both the demand and supply needed to reach approximately $20 billion in revenue next year. The comments support the bullish case for Marvell’s data-center and custom-AI chip businesses. Marvell revenue outlook article
• Positive Sentiment: Analysts have raised revenue estimates and price targets, with one analysis suggesting MRVL could be materially undervalued relative to a roughly $308 target. The upgrades reinforce expectations for continued AI infrastructure growth. Analyst forecasts and price targets
• Positive Sentiment: Thirty-one exchange-traded funds reportedly increased their Marvell holdings, potentially providing incremental institutional demand and signaling continued interest in the semiconductor stock. ETF holdings article
• Positive Sentiment: Commentary remains constructive on AI-chip demand: Marvell, TSMC and Micron reportedly say demand continues to exceed supply, while a broader semiconductor rebound is emerging after the recent sell-off. AI chip demand article
• Neutral Sentiment: Marvell is scheduled to pay its final 2026 dividend on October 29. The payment may support investor interest, although the dividend itself is unlikely to materially change the company’s growth outlook. Marvell dividend article
• Negative Sentiment: Despite its long-term AI opportunity, MRVL has risen sharply over the past year and trades at a rich valuation, increasing the risk that future earnings may not justify current expectations. Comparisons with Dell also highlight competition for investor capital among AI-infrastructure stocks. Marvell valuation article
• Negative Sentiment: Concerns that financing for AI data centers could weaken, along with fears of an AI bubble, contributed to recent volatility and the initial sell-off. Investors remain sensitive to whether ambitious long-term revenue targets can be achieved. AI data-center funding article

Wall Street Analysts Forecast Growth

MRVL has been the subject of a number of analyst reports. Seaport Research Partners started coverage on shares of Marvell Technology in a research report on Tuesday, September 22nd. They issued a “buy” rating and a $270.00 target price for the company. HC Wainwright reiterated a “buy” rating on shares of Marvell Technology in a research note on Tuesday, August 25th. JPMorgan Chase & Co. boosted their price target on shares of Marvell Technology from $305.00 to $360.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 7th. Royal Bank Of Canada increased their price objective on shares of Marvell Technology from $360.00 to $425.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 7th. Finally, Piper Sandler raised their price objective on Marvell Technology from $270.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Three 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 stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $327.36.

Insider Activity

In other news, insider Sandeep Bharathi sold 3,685 shares of the business’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $234.97, for a total transaction of $865,864.45. Following the transaction, the insider directly owned 58,748 shares in the company, valued at $13,804,017.56. The trade was a 5.90% decrease in their position. The transaction 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. 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 firm’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 sale, the chief accounting officer owned 909 shares of the company’s stock, valued at $248,693.31. This trade represents a 54.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 57,285 shares of company stock worth $12,837,063. Insiders own 0.12% of the company’s stock.

Marvell Technology Profile

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.