Soltis Investment Advisors LLC Acquires New Stake in Marvell Technology, Inc. $MRVL

Soltis Investment Advisors LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, HoldingsChannel reports. The fund bought 6,636 shares of the semiconductor company’s stock, valued at approximately $1,753,000.

Other institutional investors have also modified their holdings of the company. Investment Research & Advisory Group Inc. purchased a new stake in Marvell Technology in the 3rd quarter valued at $25,000. Sawyer & Company Inc purchased a new position in Marvell Technology during the 3rd quarter worth $26,000. Sunrise Financial Services LLC purchased a new position in Marvell Technology during the 3rd quarter worth $26,000. WPG Advisers LLC purchased a new position in Marvell Technology during the 3rd quarter worth $26,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in Marvell Technology in the second quarter valued at $27,000. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology Stock Performance

Shares of MRVL opened at $196.40 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 stock has a market capitalization of $172.22 billion, a P/E ratio of 64.82, a P/E/G ratio of 6.51 and a beta of 2.26. The company’s fifty day moving average is $242.61 and its two-hundred day moving average is $182.37. Marvell Technology, Inc. has a 1 year low of $70.68 and a 1 year high of $329.88.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $2.72 billion. During the same quarter in the prior year, the firm earned $0.67 EPS. Marvell Technology’s quarterly 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. On average, sell-side analysts predict that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Stockholders 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 dividend yield of 0.1%. The ex-dividend date was Friday, October 9th. Marvell Technology’s payout ratio is 7.92%.

Marvell Technology News Roundup

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

• Positive Sentiment: Strategic rationale for Lumentum: Marvell is reportedly in advanced talks to acquire optical-components maker Lumentum (NASDAQ: LITE). The deal could give Marvell direct access to scarce indium phosphide laser manufacturing capacity, strengthen its optical networking business, and improve its position in the fast-growing co-packaged optics market. Both companies also have strategic relationships with NVIDIA. Reuters article on Marvell’s Lumentum talks
• Positive Sentiment: Long-term AI growth remains intact: Marvell’s custom silicon, networking, and optical-interconnect businesses are positioned to benefit from continued hyperscaler and AI data-center investment. Recent coverage highlights management’s ambitious fiscal 2028 revenue target and a potential path toward substantially higher earnings by 2030. Analysts also expect double-digit bottom-line growth in the upcoming quarter. Marvell earnings preview
• Neutral Sentiment: Investors are awaiting earnings: Marvell is scheduled to report its fiscal third-quarter results soon. The report and management’s outlook could clarify demand trends, hyperscaler spending, and whether the company’s AI growth targets justify its elevated valuation. Earnings report preview
• Negative Sentiment: Potential deal dilution and valuation risk: Lumentum’s market value has surged to roughly $83 billion, and reports indicate a potential all-stock transaction. Investors fear Marvell could issue a substantial amount of shares, dilute existing ownership, and overpay for a company with comparatively modest current operating income. The market’s negative reaction reflects uncertainty over whether the acquisition would be earnings-accretive. TheStreet analysis of the proposed deal
• Negative Sentiment: Sector-wide AI spending concerns: Weakness across Broadcom, Qualcomm, Arm, Lumentum, Coherent, and other optics suppliers suggests investors are reassessing the pace and returns of hyperscaler AI infrastructure spending. These concerns are adding pressure to MRVL beyond the company-specific acquisition rumors. AI optics sector selloff article

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Citigroup upped their target price on shares of Marvell Technology from $225.00 to $275.00 and gave the company a “buy” rating in a report on Friday, August 21st. Raymond James Financial reissued a “strong-buy” rating on shares of Marvell Technology in a report on Thursday. Oppenheimer reissued an “outperform” rating and set a $425.00 price target on shares of Marvell Technology in a report on Wednesday, October 7th. Royal Bank Of Canada boosted their price target on Marvell Technology from $360.00 to $425.00 and gave the company an “outperform” rating in a research report on Wednesday, October 7th. Finally, B. Riley Financial reduced their price objective on Marvell Technology from $345.00 to $315.00 and set a “buy” rating for the company in a research note on Friday, August 28th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus price target of $327.36.

Insider Activity

In related news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at $41,143,350.50. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 firm’s stock in a transaction dated 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 sale, the chief accounting officer owned 909 shares of the company’s stock, valued at approximately $248,693.31. The trade was a 54.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 57,285 shares of company stock valued at $12,837,063. Company insiders own 0.12% of the company’s stock.

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.