3,438 Shares of Marvell Technology, Inc. $MRVL Acquired by Mirador Capital Partners LP

Mirador Capital Partners LP bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,438 shares of the semiconductor company’s stock, valued at approximately $908,000.

Several other institutional investors have also recently bought and sold shares of the business. Hilton Head Capital Partners LLC increased its position in Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 225 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in Marvell Technology in the second quarter valued at approximately $27,000. MidFirst Bank bought a new stake in shares of Marvell Technology during the fourth quarter worth $28,000. Aberdeen Wealth Management LLC bought a new stake in shares of Marvell Technology during the second quarter worth $30,000. Finally, Pittenger & Anderson Inc. increased its holdings in shares of Marvell Technology by 61.5% during the first quarter. Pittenger & Anderson Inc. now owns 315 shares of the semiconductor company’s stock worth $31,000 after buying an additional 120 shares in the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Key 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

Insiders Place Their Bets

In other Marvell Technology news, 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 value of $300,949.00. Following the completion of the transaction, the chief accounting officer directly owned 909 shares of the company’s stock, valued at $248,693.31. This trade represents a 54.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the transaction, the chief executive officer owned 775,686 shares of the company’s stock, valued at $173,280,495.54. This trade represents a 0.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 46,100 shares of company stock worth $10,205,174 over the last 90 days. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Trading Up 0.2%

NASDAQ:MRVL opened at $275.28 on Friday. Marvell Technology, Inc. has a 52 week low of $70.68 and a 52 week high of $329.88. The firm has a 50-day moving average price of $237.21 and a two-hundred day moving average price of $210.69. 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 market cap of $241.39 billion, a price-to-earnings ratio of 90.85, a price-to-earnings-growth ratio of 8.19 and a beta of 2.26.

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

Marvell Technology Announces Dividend

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

Analyst Upgrades and Downgrades

MRVL has been the subject of several analyst reports. B. Riley Financial lowered their target price on Marvell Technology from $345.00 to $315.00 and set a “buy” rating for the company in a research report on Friday, August 28th. Wells Fargo & Company increased their target price on shares of Marvell Technology from $310.00 to $365.00 and gave the company an “overweight” rating in a research report on Wednesday. Seaport Research Partners assumed coverage on shares of Marvell Technology in a research report on Tuesday, September 22nd. They set a “buy” rating and a $270.00 price target on the stock. Wolfe Research increased their price target on Marvell Technology from $280.00 to $375.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Jefferies Financial Group boosted their price target on Marvell Technology from $325.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $320.82.

About Marvell Technology

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.