Marvell Technology, Inc. $MRVL Shares Newly Acquired by Green Alpha Advisors LLC

Green Alpha Advisors LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,461 shares of the semiconductor company’s stock, valued at approximately $1,971,000. Marvell Technology comprises 1.3% of Green Alpha Advisors LLC’s portfolio, making the stock its 23rd largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. lifted its holdings in Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock valued at $25,511,649,000 after buying an additional 21,798,190 shares during the period. State Street Corp grew its holdings in Marvell Technology by 79.3% during the 2nd quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock worth $12,462,011,000 after acquiring an additional 18,495,866 shares during the period. Van ECK Associates Corp raised its position in shares of Marvell Technology by 11.4% in the 4th quarter. Van ECK Associates Corp now owns 9,864,514 shares of the semiconductor company’s stock worth $838,286,000 after acquiring an additional 1,007,315 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Marvell Technology in the 2nd quarter valued at about $2,607,795,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Marvell Technology by 153.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 7,957,985 shares of the semiconductor company’s stock valued at $2,370,604,000 after purchasing an additional 4,815,725 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology Stock Down 3.5%

NASDAQ:MRVL traded down $10.02 on Thursday, hitting $274.66. The stock had a trading volume of 29,094,917 shares, compared to its average volume of 27,719,201. 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 52 week low of $70.68 and a 52 week high of $329.88. The business’s fifty day moving average is $233.63 and its 200 day moving average is $208.92. The company has a market cap of $240.85 billion, a PE ratio of 90.65, a P/E/G ratio of 2.77 and a beta of 2.26.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%.The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. The company’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. On average, equities research analysts expect that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Friday, October 9th will be issued a dividend of $0.06 per share. The ex-dividend date is Friday, October 9th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio is presently 7.92%.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Marvell’s Investor Day remains the primary bullish catalyst. Management raised its fiscal 2028 revenue outlook to approximately $20 billion from $18 billion and established a fiscal 2031 revenue target of $70 billion to $90 billion, implying annual growth of at least 54%. The company expects custom AI chips and data-center connectivity to drive much of that expansion. Marvell Technology Lifts 2031 Revenue Goal
• Positive Sentiment: Wall Street analysts responded by raising price targets, including JPMorgan to $360, Needham to $400, Bank of America to $400 and RBC to $425. The revisions reflect expectations that accelerating AI infrastructure spending could materially expand Marvell’s earnings power. Analysts Raise Marvell Price Targets
• Positive Sentiment: Marvell will showcase open AI infrastructure solutions at the OCP Global Summit, reinforcing its positioning in networking, custom silicon and data-center connectivity. Marvell to Showcase Open AI Infrastructure Solutions
• Neutral Sentiment: Recent coverage highlights strong long-term potential, but much of the upside depends on hyperscaler AI spending continuing at an exceptional pace and Marvell successfully executing its ambitious forecasts.
• Negative Sentiment: Some analysts downgraded the stock or warned that the “easy money” may be over. With MRVL trading at a high earnings multiple after rising more than 200% this year, investors may be taking profits and demanding evidence that the long-term targets are achievable. Marvell The Easy Money Is Already Over
• Negative Sentiment: Higher Treasury yields and oil prices have pressured richly valued technology and AI stocks, contributing to near-term weakness across the semiconductor group. What’s Going On With Marvell Technology Stock Thursday

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Erste Group Bank cut 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 set a $270.00 price target on shares of Marvell Technology in a report on Wednesday. Weiss Ratings raised shares of Marvell Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 2nd. Stifel Nicolaus lifted their price objective on shares of Marvell Technology from $350.00 to $370.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Needham & Company LLC boosted their target price on shares of Marvell Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $320.82.

Insiders Place Their Bets

In other news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the completion of the sale, the chief executive officer directly owned 775,686 shares of the company’s stock, valued at $173,280,495.54. The trade was a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the sale, the chief operating officer owned 227,941 shares in the company, valued at $41,143,350.50. This represents a 4.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 45,000 shares of company stock worth $9,904,225 over the last ninety days. Insiders own 0.12% of the company’s stock.

Marvell Technology 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.