2,509 Shares in Marvell Technology, Inc. $MRVL Bought by Taylor & Morgan Wealth Management LLC

Taylor & Morgan Wealth Management LLC bought a new position in Marvell Technology, Inc. (NASDAQ:MRVL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,509 shares of the semiconductor company’s stock, valued at approximately $663,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Armstrong Advisory Group Inc. acquired a new position in Marvell Technology in the 3rd quarter valued at $75,000. Marquette Asset Management LLC bought a new position in Marvell Technology in the 3rd quarter worth $30,000. Valley Wealth Managers Inc. acquired a new position in Marvell Technology during the 3rd quarter worth $1,345,000. Schaper Benz & Wise Investment Counsel Inc. WI acquired a new position in Marvell Technology during the 3rd quarter worth $257,000. Finally, Atlas Brown Inc. bought a new stake in Marvell Technology during the third quarter valued at about $405,000. Institutional investors own 83.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MRVL shares. Jefferies Financial Group raised their price target on Marvell Technology from $325.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday. Rosenblatt Securities increased their target price on Marvell Technology from $240.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, August 25th. Piper Sandler raised their target price on Marvell Technology from $270.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday. Barclays reaffirmed an “overweight” rating on shares of Marvell Technology in a research report on Thursday, August 20th. Finally, Royal Bank Of Canada upped their price target on Marvell Technology from $360.00 to $425.00 and gave the stock an “outperform” rating in a report on Wednesday. Two 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 company. According to data from MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $320.82.

More Marvell Technology News

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

• Positive Sentiment: Marvell raised its fiscal 2031 revenue target to approximately $70 billion to $90 billion, compared with a fiscal 2026 base of $8.2 billion. Management also outlined a $20 billion 2028 revenue target, reinforcing expectations for strong demand for custom AI chips, networking products and data-center connectivity. Marvell Technology Lifts 2031 Revenue Goal
• Positive Sentiment: The company estimates that connecting AI chips could become a roughly $37 billion business, improving the long-term growth case for its electro-optics, networking and custom silicon offerings. The forecast also lifted sentiment toward related AI infrastructure companies. Marvell Says Connecting AI Chips Could Be a $37 Billion Business
• Positive Sentiment: Barclays maintained a Buy rating, while reports also cited favorable views or price-target increases from JPMorgan, RBC, Susquehanna, Cantor Fitzgerald and Bank of America. This analyst support is helping sustain momentum after the investor-day presentation. Barclays Keeps Their Buy Rating on Marvell
• Neutral Sentiment: Marvell plans to showcase a broad portfolio of open AI infrastructure solutions at the OCP Global Summit, providing potential product and customer visibility but no immediate change to earnings guidance. Marvell to Showcase Open AI Infrastructure Solutions
• Negative Sentiment: Some analysts warn that the stock’s substantial multiyear rally has already priced in significant AI success. At roughly 24 times forward earnings, valuation may look reasonable relative to the growth targets, but it remains exposed to execution risk, customer concentration and any slowdown in AI data-center spending. Marvell Stock Could Be Below Fair Value
• Negative Sentiment: Higher Treasury yields and oil prices recently pressured high-growth technology shares, contributing to volatility in MRVL despite its favorable company-specific outlook. What’s Going On With Marvell Technology Stock

Insider Activity

In other Marvell Technology news, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $273.59, for a total transaction of $300,949.00. Following the sale, the chief accounting officer owned 909 shares in the company, valued at $248,693.31. The trade was a 54.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $262.05, for a total transaction of $2,620,500.00. Following the completion of the sale, the chief operating officer directly owned 207,941 shares in the company, valued at $54,490,939.05. This trade represents a 4.59% 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. Over the last ninety days, insiders have sold 46,100 shares of company stock worth $10,205,174. Company insiders own 0.12% of the company’s stock.

Marvell Technology Stock Up 0.2%

NASDAQ MRVL opened at $275.28 on Friday. 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 firm has a 50-day simple moving average of $237.21 and a 200 day simple moving average of $210.69. Marvell Technology, Inc. has a twelve month low of $70.68 and a twelve month high of $329.88. The stock has a market cap of $241.39 billion, a PE ratio of 90.85, a PEG ratio of 8.19 and a beta of 2.26.

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

Marvell Technology Dividend Announcement

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 given a dividend of $0.06 per share. The ex-dividend date is Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s payout ratio is currently 7.92%.

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.