Marvell Technology, Inc. $MRVL Shares Newly Purchased by North Star Investment Management Corp.

North Star Investment Management Corp. acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, Holdings Channel.com reports. The firm acquired 2,649 shares of the semiconductor company’s stock, valued at approximately $700,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MRVL. Cape ANN Savings Bank increased its holdings in Marvell Technology by 2.3% in the second quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock worth $669,000 after purchasing an additional 50 shares in the last quarter. Arlington Trust Co LLC lifted its stake in Marvell Technology by 24.1% in the second quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock valued at $80,000 after buying an additional 52 shares during the period. GoalVest Advisory LLC boosted its holdings 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 in the last quarter. Washington Trust Advisors Inc. boosted its holdings 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 in the last quarter. Finally, HBW Advisory Services LLC boosted its holdings in shares of Marvell Technology by 3.3% during the 2nd 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 in the last quarter. Institutional investors own 83.51% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on MRVL shares. Wells Fargo & Company raised their price objective on shares of Marvell Technology from $310.00 to $365.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 7th. KeyCorp reiterated an “overweight” rating on shares of Marvell Technology in a research report on Wednesday, October 7th. JPMorgan Chase & Co. increased their target price on shares of Marvell Technology from $305.00 to $360.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Arete Research upgraded shares of Marvell Technology to a “strong-buy” rating in a report on Friday, October 16th. Finally, Benchmark reaffirmed a “buy” rating on shares of Marvell Technology in a research note on Monday, August 24th. 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $327.36.

Marvell Technology Trading Down 13.2%

Shares of Marvell Technology stock opened at $218.34 on Friday. The stock has a market capitalization of $191.46 billion, a PE ratio of 72.06, a price-to-earnings-growth 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. The stock 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.

Marvell Technology (NASDAQ:MRVL) last issued 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 company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. During the same period in the prior year, the firm earned $0.67 earnings per share. Marvell Technology’s revenue for the quarter was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, equities analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

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

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the company’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 transaction, the chief operating officer owned 207,941 shares in the company, valued at approximately $54,490,939.05. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Justin Scarpulla sold 1,100 shares of the firm’s 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 completion of the transaction, the chief accounting officer directly owned 909 shares in the company, valued at $248,693.31. This trade 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 90 days, insiders have sold 57,285 shares of company stock worth $12,837,063. Company insiders own 0.12% of the company’s stock.

Marvell Technology News Summary

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

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.