5,756 Shares of Marvell Technology, Inc. $MRVL Purchased by SilverOak Wealth Management LLC

SilverOak Wealth Management LLC bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,756 shares of the semiconductor company’s stock, valued at approximately $1,521,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cape ANN Savings Bank boosted its stake in Marvell Technology by 2.3% in the 2nd quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock worth $669,000 after purchasing an additional 50 shares during the period. Arlington Trust Co LLC lifted its holdings in shares of Marvell Technology by 24.1% in the second quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock worth $80,000 after buying an additional 52 shares in the last quarter. GoalVest Advisory LLC boosted its position in shares of Marvell Technology by 26.0% during the second quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock worth $94,000 after acquiring an additional 65 shares during the last quarter. Washington Trust Advisors Inc. boosted its position in shares of Marvell Technology by 88.5% during the third quarter. Washington Trust Advisors Inc. now owns 147 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 69 shares during the last quarter. Finally, HBW Advisory Services LLC boosted its position in shares of Marvell Technology by 3.3% during the second quarter. HBW Advisory Services LLC now owns 2,270 shares of the semiconductor company’s stock worth $676,000 after acquiring an additional 73 shares during the last quarter. Institutional investors 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: The proposed combination would expand Marvell’s position in AI data-center infrastructure by pairing its custom chips and networking technology with Lumentum’s lasers and optical components. The companies expect more than $1 billion in annual run-rate cost savings and higher adjusted earnings per share during the first year after closing. Marvell to Acquire Lumentum in $115 Billion All-Stock AI Infrastructure Deal
• Positive Sentiment: Management is targeting the fast-growing optical-networking market, where demand is being supported by AI data-center expansion. Marvell CEO Matt Murphy will lead the combined company, providing continuity for the company’s AI roadmap. Marvell and Lumentum officially plan to combine. Here’s what to know.
• Neutral Sentiment: The transaction values Lumentum at approximately $115 billion including debt. Lumentum investors would receive 4.5 Marvell shares per share, while Marvell shareholders would own about 67% of the combined company. Closing is expected in the first half of 2028, subject to shareholder and regulatory approvals.
• Negative Sentiment: Investors have reacted negatively to the scale of the acquisition, with Marvell shares declining sharply over the past week. The all-stock structure could create substantial dilution and ties the transaction’s effective value to Marvell’s volatile share price. Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
• Negative Sentiment: The acquisition introduces integration, regulatory and execution risks and may distract from Marvell’s existing AI-chip growth plans. At roughly $172 billion in market value, with a high earnings multiple and shares below their 50-day moving average, investors appear concerned that Marvell may be paying too much for future optical-networking growth.

Marvell Technology Price Performance

Shares of NASDAQ:MRVL opened at $196.40 on Monday. The company has a market cap of $172.22 billion, a price-to-earnings ratio of 64.82, a PEG ratio of 5.85 and a beta of 2.26. Marvell Technology, Inc. has a 12 month low of $70.68 and a 12 month high of $329.88. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. The company has a 50-day moving average price of $242.61 and a 200 day moving average price of $182.37.

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

Marvell Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Friday, October 9th were given a dividend of $0.06 per share. The ex-dividend date was 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 7.92%.

Insider Activity

In other news, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology 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 directly owned 909 shares in the company, valued at approximately $248,693.31. This trade represents a 54.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $203.27, for a total transaction of $2,032,700.00. Following the sale, the chief operating officer directly owned 217,941 shares of the company’s stock, valued at $44,300,867.07. This represents a 4.39% 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. Over the last 90 days, insiders have sold 47,285 shares of company stock valued at $11,032,063. 0.12% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MRVL. Oppenheimer reiterated an “outperform” rating and issued a $425.00 price target on shares of Marvell Technology in a report on Wednesday, October 7th. Susquehanna increased their price objective on shares of Marvell Technology from $265.00 to $340.00 and gave the company a “positive” rating in a report on Wednesday, October 7th. Benchmark restated a “buy” rating on shares of Marvell Technology in a research report on Monday, August 24th. TD Cowen raised Marvell Technology from a “hold” rating to a “buy” rating and lifted their target price for the stock from $245.00 to $350.00 in a report on Wednesday, October 7th. Finally, Arete Research raised Marvell Technology to a “strong-buy” rating in a research note on Friday, October 16th. Three 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $327.36.

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.