4,071 Shares of Marvell Technology, Inc. $MRVL Bought by M Holdings Securities Inc.

M Holdings Securities Inc. purchased a new position in Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, HoldingsChannel reports. The institutional investor purchased 4,071 shares of the semiconductor company’s stock, valued at approximately $1,076,000.

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

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Needham & Company LLC dropped their price target on shares of Marvell Technology from $400.00 to $300.00 and set a “buy” rating for the company in a research report on Tuesday, November 3rd. HC Wainwright reaffirmed a “buy” rating on shares of Marvell Technology in a research note on Tuesday, August 25th. UBS Group reiterated a “buy” rating on shares of Marvell Technology in a report on Tuesday, November 3rd. Raymond James Financial reissued a “strong-buy” rating on shares of Marvell Technology in a research note on Thursday, October 29th. Finally, Weiss Ratings cut shares of Marvell Technology from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, November 2nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Marvell Technology currently has an average rating of “Moderate Buy” and a consensus target price of $300.09.

Insider Activity

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $186.97, for a total value of $1,869,700.00. Following the transaction, the chief operating officer owned 202,800 shares in the company, valued at $37,917,516. The trade was a 4.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 3,685 shares of the company’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $234.97, for a total transaction of $865,864.45. Following the completion of the transaction, the insider directly owned 58,748 shares of the company’s stock, valued at approximately $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 quarter, insiders sold 57,285 shares of company stock worth $12,901,763. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Trading Up 9.5%

MRVL opened at $154.60 on Tuesday. The firm has a market capitalization of $135.57 billion, a P/E ratio of 51.02, a P/E/G ratio of 4.77 and a beta of 2.32. The firm’s 50 day moving average is $233.06 and its 200-day moving average is $184.59. Marvell Technology, Inc. has a 52-week low of $70.68 and a 52-week high of $329.88. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL) last posted its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 27.93% and a return on equity of 13.57%. The business’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Analysts expect that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Friday, October 9th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, October 9th. This represents a $0.24 annualized dividend and a yield of 0.2%. Marvell Technology’s payout ratio is 7.92%.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell shares rose as major market indexes rebounded following last week’s semiconductor losses, offering a near-term lift unrelated to company-specific news. Why Is Marvell Stock Surging on Monday?
• Positive Sentiment: B. Riley cut its price target from $275 to $250 but kept a Buy rating, signaling continued confidence in potential upside despite the reduced forecast. B. Riley analyst rating
• Neutral Sentiment: ETF flows were mixed but tilted toward buying on Nov. 5: 44 funds added Marvell shares while 19 sold. ETFs Bought $13.1 Million of Marvell
• Negative Sentiment: The biggest company-specific concern is Marvell’s reported all-stock acquisition of Lumentum, valued at $115 billion. The deal has intensified selling, with investors wary of the transaction’s scale and its implications as AI stocks face a broader pullback. Reports say Marvell has fallen sharply since the deal news emerged. Marvell Sinks 36%, Lumentum Drops 31% on $115 Billion Deal
• Negative Sentiment: Marvell’s decline also reflects investors exiting AI-related positions. One report notes the shares were about 58% below their June record close as of Nov. 5; past steep declines have sometimes taken years to recover, underscoring the risk that a rebound may not be quick. Marvell Stock Fell 58% From Its Record

About Marvell Technology

Marvell Technology is a fabless semiconductor company that develops data infrastructure chips and related technologies. Its products include networking and Ethernet chips, storage controllers, processors, optical and connectivity solutions, and custom silicon used in data centers, carrier networks, enterprise systems, and other applications.

The company’s products help move, store, process, and secure data across cloud and telecommunications infrastructure. Marvell serves customers around the world, including equipment makers and technology companies that incorporate its semiconductors into their systems.

Founded in 1995, Marvell grew through product development and acquisitions to build a broad portfolio of infrastructure technologies.