Nvwm LLC Buys 7,207 Shares of Marvell Technology, Inc. $MRVL

Nvwm LLC purchased a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,207 shares of the semiconductor company’s stock, valued at approximately $1,904,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. BlackRock Inc. lifted its stake in Marvell Technology by 34.1% in the 2nd quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock worth $25,511,649,000 after acquiring an additional 21,798,190 shares in the last quarter. State Street Corp grew its stake in Marvell Technology by 79.3% during the 2nd quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock valued at $12,462,011,000 after acquiring an additional 18,495,866 shares in the last quarter. Bank of America Corp DE purchased a new position in Marvell Technology during the 2nd quarter valued at about $2,607,795,000. Legal & General Group Plc acquired a new position in shares of Marvell Technology in the 2nd quarter valued at about $1,742,526,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of Marvell Technology by 153.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 7,957,985 shares of the semiconductor company’s stock valued at $2,370,604,000 after purchasing an additional 4,815,725 shares during the period. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MRVL shares. B. Riley Financial lowered their price objective on shares of Marvell Technology from $345.00 to $315.00 and set a “buy” rating on the stock in a research report on Friday, August 28th. Wolfe Research increased their target price on shares of Marvell Technology from $280.00 to $375.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 7th. Oppenheimer reiterated an “outperform” rating and set a $425.00 price objective on shares of Marvell Technology in a report on Wednesday, October 7th. HC Wainwright reiterated a “buy” rating on shares of Marvell Technology in a report on Tuesday, August 25th. Finally, Needham & Company LLC lifted their price objective on Marvell Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology presently has a consensus rating of “Moderate Buy” and an average price target of $327.36.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell, Microsoft and Oracle formed an Open Compute Project working group to develop standardized NIST FIPS 140-3 Level 3 hardware-security specifications for cloud and hyperscale data centers. The partnership strengthens Marvell’s position with major cloud customers and could support future data-center silicon demand. Marvell, Microsoft and Oracle Establish OCP Working Group to Standardize Data Center Hardware Security
• Positive Sentiment: The company unveiled six-channel CXL-based memory expansion solutions, a 3.2T protocol-aware retimer and a second-generation 1.6T active electrical-cable DSP. These products target bandwidth, memory and connectivity bottlenecks created by AI accelerator deployments. Marvell Technology Forms Security Group and Unveils Six Channel AI Memory
• Positive Sentiment: Marvell’s raised fiscal 2028 revenue target of approximately $20 billion—above the roughly $18.2 billion consensus—has reinforced the long-term bull case. Management expects data-center revenue to reach about $18 billion, driven by AI connectivity, optics and custom silicon, with additional long-term growth potential. Marvell: A Strong Buy With a $90 Billion Opportunity
• Neutral Sentiment: Analysts have raised some longer-term earnings estimates and generally remain optimistic, but Marvell trades at a demanding valuation after a substantial 2026 rally. Investors are weighing its growth outlook against elevated execution and valuation risk.
• Negative Sentiment: MRVL is declining with other AI stocks as investors reduce exposure to high-beta, richly valued semiconductor names. The stock’s beta of 2.26 and P/E ratio above 80 make it particularly sensitive to higher-rate and risk-off trading conditions. Intel, Marvell, CoreWeave, TSMC, Apple, and More Stocks That Explain Today’s Market
• Negative Sentiment: Recent insider selling and profit-taking concerns add to near-term pressure after the shares’ exceptionally strong advance. The market is demanding evidence that the announced AI opportunity converts into sustained revenue and earnings growth.

Insider Activity at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $262.05, for a total value of $2,620,500.00. Following the completion of the sale, the chief operating officer owned 207,941 shares of the company’s stock, valued at approximately $54,490,939.05. The trade was a 4.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 company’s stock in a transaction on Thursday, October 8th. The stock was 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 $248,693.31. This represents a 54.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 46,100 shares of company stock valued at $10,205,174. Insiders own 0.12% of the company’s stock.

Marvell Technology Trading Down 8.7%

NASDAQ:MRVL opened at $245.28 on Thursday. The stock’s 50 day moving average price is $240.34 and its 200 day moving average price is $215.00. Marvell Technology, Inc. has a 52 week low of $70.68 and a 52 week high of $329.88. The company has a market capitalization of $215.09 billion, a P/E ratio of 80.95, a P/E/G ratio of 8.01 and a beta of 2.26. 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 quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.01. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. During the same quarter last 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, research analysts forecast that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Friday, October 9th will be issued 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 dividend payout ratio (DPR) is currently 7.92%.

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.