Moss Adams Wealth Advisors LLC Buys 2,623 Shares of Marvell Technology, Inc. $MRVL

Moss Adams Wealth Advisors LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 2,623 shares of the semiconductor company’s stock, valued at approximately $693,000.

A number of other institutional investors have also recently made changes to their positions in MRVL. Summit Global Investments acquired a new stake in Marvell Technology during the 3rd quarter valued at approximately $407,000. Coyle Financial Counsel LLC acquired a new position in shares of Marvell Technology in the 3rd quarter worth approximately $696,000. Kassira Wealth Management LLC acquired a new position in shares of Marvell Technology in the 3rd quarter worth approximately $2,568,000. MGO One Seven LLC bought a new stake in shares of Marvell Technology in the 3rd quarter valued at $3,903,000. Finally, Marin Bay Wealth Advisors LLC bought a new stake in shares of Marvell Technology in the 3rd quarter valued at $231,000. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Stock Performance

NASDAQ:MRVL opened at $196.40 on Friday. 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, Inc. has a twelve month low of $70.68 and a twelve month high of $329.88. The company has a fifty day moving average of $242.61 and a 200-day moving average of $182.37. The firm has a market capitalization of $172.22 billion, a P/E ratio of 64.82, a P/E/G ratio of 5.85 and a beta of 2.26.

Marvell Technology (NASDAQ:MRVL) last issued its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) 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 analyst estimates of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. Marvell Technology’s revenue was up 36.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, sell-side analysts anticipate that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Friday, October 9th were given 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 of this dividend was Friday, October 9th. Marvell Technology’s dividend payout ratio is 7.92%.

Insider Activity at Marvell Technology

In related news, CAO Justin Scarpulla sold 1,100 shares of the business’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $273.59, for a total value of $300,949.00. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Sandeep Bharathi sold 3,685 shares of the company’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $234.97, for a total value of $865,864.45. Following the transaction, the insider directly owned 58,748 shares in the company, valued at approximately $13,804,017.56. This trade represents a 5.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders sold 57,285 shares of company stock worth $12,837,063 over the last quarter. Company insiders own 0.12% of the company’s stock.

Marvell Technology News Summary

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

Wall Street Analyst Weigh In

MRVL has been the subject of several recent analyst reports. Craig Hallum reiterated a “buy” rating and set a $380.00 price objective on shares of Marvell Technology in a research report on Wednesday, October 7th. Cantor Fitzgerald boosted their target price on shares of Marvell Technology from $330.00 to $350.00 and gave the company a “neutral” rating in a report on Wednesday, October 7th. TD Cowen raised shares of Marvell Technology from a “hold” rating to a “buy” rating and upped their price target for the company from $245.00 to $350.00 in a research report on Wednesday, October 7th. Morgan Stanley increased their price target on Marvell Technology from $268.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 7th. Finally, Stifel Nicolaus lifted their price objective on Marvell Technology from $350.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Marvell Technology has an average rating of “Moderate Buy” and a consensus target price of $327.36.

About Marvell Technology

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.