Rep. Val T. Hoyle Sells Marvell Technology, Inc. (NASDAQ:MRVL) Shares

Representative Val T. Hoyle (D-Oregon) recently sold shares of Marvell Technology, Inc. (NASDAQ:MRVL). In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marvell Technology stock on September 23rd. The trade occurred in the Representative’s “FIDELITY ROLLOVER IRA” account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marriott International (NASDAQ:MAR) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of H&R Block (NYSE:HRB) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of NIKE (NYSE:NKE) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Pentair (NYSE:PNR) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Heico (NYSE:HEI.A) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Target (NYSE:TGT) on 9/23/2025.

Marvell Technology Stock Performance

Shares of MRVL stock opened at $85.61 on Monday. The business’s 50-day moving average price is $75.38 and its 200-day moving average price is $68.82. The company has a current ratio of 1.88, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $73.80 billion, a price-to-earnings ratio of -658.54, a PEG ratio of 1.05 and a beta of 1.94. Marvell Technology, Inc. has a 12 month low of $47.08 and a 12 month high of $127.48.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Thursday, August 28th. The semiconductor company reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.01 billion. Marvell Technology had a positive return on equity of 11.01% and a negative net margin of 1.43%.The firm’s quarterly revenue was up 57.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. Equities research analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology announced that its Board of Directors has approved a share buyback plan on Wednesday, September 24th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 7.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 30th. Stockholders of record on Friday, October 10th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, October 10th. Marvell Technology’s dividend payout ratio (DPR) is presently -184.62%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Zacks Research raised Marvell Technology from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 24th. Wells Fargo & Company cut their price objective on Marvell Technology from $95.00 to $90.00 and set an “overweight” rating on the stock in a research note on Friday, August 29th. Wall Street Zen raised Marvell Technology from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Marvell Technology in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group cut their price objective on Marvell Technology from $90.00 to $80.00 and set a “buy” rating on the stock in a research note on Friday, August 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, Marvell Technology currently has an average rating of “Moderate Buy” and an average target price of $92.33.

Institutional Investors Weigh In On Marvell Technology

A number of hedge funds have recently added to or reduced their stakes in MRVL. Hughes Financial Services LLC bought a new stake in Marvell Technology in the first quarter worth approximately $26,000. Rossby Financial LCC bought a new stake in shares of Marvell Technology during the first quarter valued at approximately $27,000. Financial Connections Group Inc. increased its holdings in shares of Marvell Technology by 776.0% during the first quarter. Financial Connections Group Inc. now owns 438 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 388 shares in the last quarter. Game Plan Financial Advisors LLC bought a new stake in shares of Marvell Technology during the second quarter valued at approximately $27,000. Finally, Vision Financial Markets LLC bought a new stake in shares of Marvell Technology during the first quarter valued at approximately $28,000. 83.51% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Mark Casper sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $72.35, for a total transaction of $217,050.00. Following the completion of the sale, the executive vice president owned 17,163 shares in the company, valued at $1,241,743.05. The trade was a 14.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Willem A. Meintjes acquired 3,400 shares of the firm’s stock in a transaction dated Thursday, September 25th. The shares were purchased at an average price of $78.03 per share, with a total value of $265,302.00. Following the acquisition, the chief financial officer owned 132,159 shares of the company’s stock, valued at approximately $10,312,366.77. This represents a 2.64% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 27,200 shares of company stock valued at $2,109,632. Corporate insiders own 0.19% of the company’s stock.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon’s 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon’s 4th Congressional District. She declared candidacy for the 2026 election.

Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

Marvell Technology Company Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.