Flagship Harbor Advisors LLC purchased a new stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 2,552 shares of the semiconductor company’s stock, valued at approximately $674,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MRVL. Cape ANN Savings Bank lifted its position in Marvell Technology by 2.3% during the 2nd quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock valued at $669,000 after purchasing an additional 50 shares during the period. Arlington Trust Co LLC grew its position in shares of Marvell Technology by 24.1% during the 2nd quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock worth $80,000 after buying an additional 52 shares during the period. GoalVest Advisory LLC grew its position in shares of Marvell Technology by 26.0% during the 2nd quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock worth $94,000 after buying an additional 65 shares during the period. Washington Trust Advisors Inc. grew its position in shares of Marvell Technology by 88.5% during the 3rd quarter. Washington Trust Advisors Inc. now owns 147 shares of the semiconductor company’s stock worth $39,000 after buying an additional 69 shares during the period. Finally, HBW Advisory Services LLC raised its stake in shares of Marvell Technology by 3.3% during the second quarter. HBW Advisory Services LLC now owns 2,270 shares of the semiconductor company’s stock worth $676,000 after buying an additional 73 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.
Marvell Technology Stock Down 13.2%
Shares of NASDAQ:MRVL opened at $218.34 on Friday. The company has a 50 day moving average price of $243.70 and a two-hundred day moving average price of $181.80. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.62 and a current ratio of 3.17. The company has a market capitalization of $191.46 billion, a PE ratio of 72.06, a PEG ratio of 7.50 and a beta of 2.26. Marvell Technology, Inc. has a 52 week low of $70.68 and a 52 week high of $329.88.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.01. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same quarter in the previous year, the business earned $0.67 EPS. The firm’s 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. Analysts forecast that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.
Marvell Technology Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Friday, October 9th were issued a dividend of $0.06 per share. The ex-dividend date was Friday, October 9th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s payout ratio is currently 7.92%.
Insiders Place Their Bets
In other Marvell Technology news, insider Sandeep Bharathi sold 3,685 shares of the business’s stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $234.97, for a total value of $865,864.45. Following the completion of the transaction, the insider directly owned 58,748 shares of the company’s stock, valued at approximately $13,804,017.56. The trade was a 5.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 stock in a transaction dated Thursday, October 8th. The stock was 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 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. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 57,285 shares of company stock valued at $12,837,063. Insiders own 0.12% of the company’s stock.
Trending Headlines about Marvell Technology
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: An acquisition could strengthen Marvell’s position in optical networking for AI data centers. Lumentum supplies indium phosphide lasers, a critical component for high-speed optical links and co-packaged optics, where supply is limited and new fabrication capacity can take years to build. Marvell in advanced talks to buy Lumentum
- Positive Sentiment: The combination could broaden Marvell’s AI infrastructure portfolio and deepen its relationship with NVIDIA, which has invested in both companies. Lumentum’s optical AI market is expected to expand substantially through 2030, potentially creating long-term revenue and cross-selling opportunities for Marvell. Analysts see logic in a potential deal
- Neutral Sentiment: The transaction remains unannounced and reportedly could be structured as an all-stock deal. Until terms, timing and financing are disclosed, investors cannot assess the final purchase price, ownership split or expected earnings impact. Marvell and Lumentum could be nearing a deal
- Negative Sentiment: Lumentum’s market value has risen dramatically, reportedly reaching about $83 billion. Paying a premium of that scale—potentially equivalent to roughly 43% of Marvell’s market capitalization—could significantly dilute existing MRVL shareholders and raise concerns about overpayment. Why Marvell stock is down today
- Negative Sentiment: Investors are questioning whether Lumentum’s earnings and future synergies can justify the acquisition valuation. The deal would also expose Marvell to substantial integration and execution risk at a time when MRVL already trades at a demanding valuation. Marvell stock sinks on Lumentum buyout talks
Wall Street Analyst Weigh In
MRVL has been the topic of several analyst reports. Craig Hallum restated a “buy” rating and issued a $380.00 price objective on shares of Marvell Technology in a report on Wednesday, October 7th. BMO Capital Markets reiterated a “market perform” rating and set a $325.00 target price on shares of Marvell Technology in a research report on Wednesday, October 7th. Seaport Research Partners assumed coverage on Marvell Technology in a research note on Tuesday, September 22nd. They issued a “buy” rating and a $270.00 price target on the stock. UBS Group lifted their price objective on Marvell Technology from $335.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. Finally, Rosenblatt Securities upped their price objective on Marvell Technology from $240.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, August 25th. Three 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 company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $327.36.
View Our Latest Analysis on Marvell Technology
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.
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