2,394 Shares in Marvell Technology, Inc. $MRVL Bought by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,394 shares of the semiconductor company’s stock, valued at approximately $633,000.

Other large investors have also recently made changes to their positions in the company. Investment Research & Advisory Group Inc. purchased a new position in Marvell Technology during the third quarter valued at $25,000. Independent Wealth Network Inc. bought a new stake in Marvell Technology in the third quarter worth $410,000. Jackson Square Capital LLC purchased a new stake in shares of Marvell Technology in the third quarter worth $1,563,000. BDF Gestion purchased a new stake in shares of Marvell Technology in the third quarter worth $3,445,000. Finally, Foguth Wealth Management LLC. purchased a new stake in shares of Marvell Technology in the third quarter worth $298,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

More Marvell Technology News

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

• Positive Sentiment: An opinion piece argues that Marvell’s 17% one-week selloff has created an attractive entry point because the company’s underlying AI and data-center fundamentals remain strong. The author is buying ahead of an expected acceleration in demand, helping support the bullish case for MRVL. Marvell Technology Will Heat Up Very Soon and I’m Buying in Advance
• Positive Sentiment: Marvell remains part of the broader AI-stock rally, with market coverage highlighting the company alongside CoreWeave and SanDisk as beneficiaries of continued data-center investment and AI infrastructure demand. CoreWeave, SanDisk, Marvell, Tesla, SpaceX, and More Stocks That Explain Today’s Market
• Positive Sentiment: Focus Financial Network disclosed a new 2,640-share position valued at approximately $698,000. While modest relative to Marvell’s market capitalization, the purchase adds to evidence of institutional interest. Focus Financial Network Acquires Marvell Shares
• Neutral Sentiment: Marvell and Broadcom are competing for the rapidly expanding custom-silicon market, but the companies use different strategies. A potential supply crunch could determine which model wins, creating both an opportunity and execution risk for MRVL. Broadcom vs. Marvell: Custom Silicon Is Going to Get White Hot
• Negative Sentiment: Only a small minority of analysts are unwilling to recommend Marvell, but the caution reflects concerns after an approximately 81% six-month gain and the stock’s elevated valuation. Insider Matthew Murphy also sold 7,500 shares, contributing to recent selling pressure and investor scrutiny. What Do the 8% of Analysts Who Will Not Buy Marvell See?

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MRVL. Roth Capital reaffirmed a “buy” rating and issued a $350.00 price target on shares of Marvell Technology in a research report on Thursday, August 20th. Wolfe Research upped their price target on shares of Marvell Technology from $280.00 to $375.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 7th. UBS Group increased their price objective on shares of Marvell Technology from $335.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, October 7th. Craig Hallum restated a “buy” rating and set a $380.00 price objective on shares of Marvell Technology in a research note on Wednesday, October 7th. Finally, Susquehanna raised their price objective on shares of Marvell Technology from $265.00 to $340.00 and gave the company a “positive” rating in a research note on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus target price of $327.36.

Marvell Technology Stock Up 4.8%

Shares of MRVL stock traded up $10.96 during mid-day trading on Monday, hitting $238.79. The company’s stock had a trading volume of 10,758,080 shares, compared to its average volume of 27,420,883. The stock has a market cap of $209.40 billion, a price-to-earnings ratio of 78.80, a PEG ratio of 6.79 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, Inc. has a 52-week low of $70.68 and a 52-week high of $329.88. The business has a 50-day moving average price of $241.14 and a 200 day moving average price of $217.01.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $2.72 billion. During the same period last year, the firm posted $0.67 earnings per share. Marvell Technology’s revenue was up 36.5% compared to the same quarter last year. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Research analysts predict that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Friday, October 9th will be paid a $0.06 dividend. 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%.

Insider Activity at Marvell Technology

In other news, CAO Justin Scarpulla sold 1,100 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at $248,693.31. The trade was a 54.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sandeep Bharathi sold 3,685 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $234.97, for a total transaction of $865,864.45. Following the transaction, the insider directly owned 58,748 shares of the company’s stock, valued at $13,804,017.56. The trade was a 5.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 57,285 shares of company stock valued at $12,837,063. Insiders own 0.12% of the company’s stock.

Marvell Technology Company 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.