Verde Servicos Internacionais S.A. Buys 19,451 Shares of Marvell Technology, Inc. $MRVL

Verde Servicos Internacionais S.A. bought a new position in Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 19,451 shares of the semiconductor company’s stock, valued at approximately $5,139,000. Marvell Technology accounts for approximately 1.8% of Verde Servicos Internacionais S.A.’s holdings, making the stock its 19th largest position.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Arthur M. Cohen & Associates LLC acquired a new stake in shares of Marvell Technology in the third quarter valued at approximately $8,130,000. Oppenheimer & Co. Inc. bought a new stake in shares of Marvell Technology during the third quarter valued at approximately $76,412,000. Arnhold LLC bought a new stake in shares of Marvell Technology during the third quarter valued at approximately $54,564,000. Park Avenue Securities LLC acquired a new position in shares of Marvell Technology during the third quarter worth approximately $5,950,000. Finally, WESPAC Advisors LLC acquired a new position in shares of Marvell Technology during the third quarter worth approximately $264,000. 83.51% of the stock is currently owned by institutional investors.

Marvell Technology Stock Up 4.2%

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

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. During the same quarter in the prior year, the business earned $0.67 EPS. Marvell Technology’s revenue was up 36.5% compared to the same quarter last year. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, analysts expect that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Announces Dividend

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 issued a $0.06 dividend. The ex-dividend date is Friday, October 9th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%.

Trending Headlines about Marvell Technology

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

Insider Transactions at Marvell Technology

In other Marvell Technology news, CAO Justin Scarpulla sold 1,100 shares of the company’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $273.59, for a total value of $300,949.00. Following the completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $235.47, for a total transaction of $1,766,025.00. Following the completion of the sale, the chief executive officer directly owned 768,186 shares of the company’s stock, valued at $180,884,757.42. The trade was a 0.97% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 57,285 shares of company stock worth $12,837,063. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Morgan Stanley increased their price objective on Marvell Technology from $268.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 7th. Jefferies Financial Group lifted their target price on Marvell Technology from $325.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. Arete Research raised Marvell Technology to a “strong-buy” rating in a research note on Friday, October 16th. Wolfe Research boosted their price target on Marvell Technology from $280.00 to $375.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 7th. Finally, Barclays reissued an “overweight” rating on shares of Marvell Technology in a research note on Thursday, August 20th. Three equities 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $327.36.

Marvell Technology Company 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.