6,429 Shares in Marvell Technology, Inc. $MRVL Purchased by Shelton Wealth Management LLC

Shelton Wealth Management LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, HoldingsChannel reports. The fund bought 6,429 shares of the semiconductor company’s stock, valued at approximately $1,699,000.

Several other large investors have also recently added to or reduced their stakes in MRVL. Hilton Head Capital Partners LLC grew its stake in shares of Marvell Technology by 978.3% in the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 225 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in Marvell Technology in the second quarter worth about $27,000. MidFirst Bank acquired a new stake in Marvell Technology in the fourth quarter worth about $28,000. Aberdeen Wealth Management LLC acquired a new position in Marvell Technology during the 2nd quarter valued at about $30,000. Finally, Marquette Asset Management LLC bought a new stake in shares of Marvell Technology during the 3rd quarter worth about $30,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Marvell Technology Price Performance

MRVL stock traded down $13.41 on Friday, hitting $227.83. 21,358,831 shares of the company’s stock traded hands, compared to its average volume of 20,265,420. The stock has a market cap of $199.78 billion, a price-to-earnings ratio of 75.19, a P/E/G ratio of 7.19 and a beta of 2.26. Marvell Technology, Inc. has a 1-year low of $70.68 and a 1-year 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 stock has a fifty day moving average of $241.14 and a 200-day moving average of $216.11.

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

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be issued 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 presently 7.92%.

Insider Buying and Selling

In other news, CEO Matthew Murphy sold 7,500 shares of the business’s stock in a transaction 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 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 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, CAO Justin Scarpulla sold 1,100 shares of the company’s stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $273.59, for a total value of $300,949.00. Following the sale, the chief accounting officer directly owned 909 shares of the company’s stock, valued at approximately $248,693.31. This represents a 54.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 57,285 shares of company stock valued at $12,837,063. Insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on MRVL shares. Wells Fargo & Company upped their price target on shares of Marvell Technology from $310.00 to $365.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Royal Bank Of Canada raised their price objective on shares of Marvell Technology from $360.00 to $425.00 and gave the company an “outperform” rating in a research note on Wednesday, October 7th. Susquehanna raised their price objective on shares of Marvell Technology from $265.00 to $340.00 and gave the company a “positive” rating in a research note on Wednesday, October 7th. Raymond James Financial reissued a “strong-buy” rating on shares of Marvell Technology in a report on Tuesday, October 6th. Finally, Citigroup upped their target price on Marvell Technology from $225.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, August 21st. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average price target of $327.36.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell’s recent Investor Day highlighted strong expected demand for custom AI chips, data-center infrastructure and networking silicon. The company raised its long-term sales outlook, supporting the view that it could deliver substantial revenue and earnings growth. Long-term Marvell growth outlook
• Positive Sentiment: Erste Group Bank reportedly increased its earnings-per-share forecast for Marvell, while other analysts remain optimistic about the company’s growth potential in AI and data-center markets. Marvell EPS forecast increase
• Neutral Sentiment: CEO Matthew Murphy sold 7,500 shares, and insider Sandeep Bharathi sold 3,685 shares. Both transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding tied to vested equity awards, reducing their significance as signals about the company’s outlook. Marvell CEO SEC filing Marvell insider SEC filing
• Negative Sentiment: Broadcom CEO Hock Tan’s warning about the amount of capital required to fund AI infrastructure is weighing on custom AI-chip companies, including Marvell. Investors fear that hyperscalers may become more selective with spending or demand better returns, particularly after Marvell’s substantial rally. Broadcom AI funding warning
• Negative Sentiment: Hotter U.S. inflation data and rising interest-rate expectations have triggered a broader technology and semiconductor sell-off. High-growth stocks such as Marvell are particularly vulnerable because their valuation depends heavily on future AI-driven earnings. Marvell market pressure

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.