3,311 Shares of Marvell Technology, Inc. $MRVL Purchased by Trek Financial LLC

Trek Financial LLC acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,311 shares of the semiconductor company’s stock, valued at approximately $875,000.

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

Insider Transactions at Marvell Technology

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 transaction, the chief accounting officer owned 909 shares of the company’s stock, valued at $248,693.31. The trade was a 54.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $203.27, for a total value of $2,032,700.00. Following the transaction, the chief operating officer directly owned 217,941 shares of the company’s stock, valued at $44,300,867.07. This trade represents a 4.39% decrease in their position. 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. In the last three months, insiders have sold 47,285 shares of company stock worth $11,032,063. Corporate insiders own 0.12% of the company’s stock.

Analyst Upgrades and Downgrades

MRVL has been the subject of several research analyst reports. DA Davidson set a $225.00 price objective on Marvell Technology in a research report on Tuesday, August 18th. Royal Bank Of Canada boosted their target price on shares of Marvell Technology from $360.00 to $425.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 7th. Roth Capital reaffirmed a “buy” rating and set a $350.00 price target on shares of Marvell Technology in a research note on Thursday, August 20th. Oppenheimer reiterated an “outperform” rating and issued a $425.00 price target on shares of Marvell Technology in a report on Wednesday, October 7th. Finally, Benchmark reiterated a “buy” rating on shares of Marvell Technology in a research note on Monday, August 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $327.36.

Marvell Technology Stock Performance

MRVL opened at $171.41 on Tuesday. The stock has a market cap of $150.31 billion, a P/E ratio of 56.57, a P/E/G ratio of 7.50 and a beta of 2.26. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62. The stock’s 50 day simple moving average is $241.30 and its 200 day simple moving average is $182.81. Marvell Technology, Inc. has a 1-year low of $70.68 and a 1-year high of $329.88.

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, topping the consensus estimate of $0.93 by $0.01. The firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. Marvell Technology’s revenue was up 36.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, equities analysts anticipate that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

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

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: The combination would unite Marvell’s custom silicon and networking products with Lumentum’s lasers and optical components, expanding Marvell’s exposure to optical connectivity for AI data centers. Management estimates the combined company could address a roughly $550 billion AI-connectivity opportunity. Marvell to buy Lumentum in all-stock deal, a massive bet on AI connectivity
• Positive Sentiment: Marvell expects more than $1 billion in annual cost synergies and says the transaction should increase adjusted earnings per share in the first year after closing. Marvell shareholders are expected to own approximately 67% of the combined company. Marvell to Acquire Lumentum in $115 Billion All-Stock AI Infrastructure Deal
• Neutral Sentiment: Lumentum shareholders will receive 4.5 Marvell shares for each Lumentum share. The transaction is subject to shareholder and regulatory approval, with closing expected in the first half of 2028, leaving substantial execution and deal-completion risk. In one of the largest deals in tech history, Marvell buys Lumentum for $115B
• Negative Sentiment: Investors viewed the purchase price as excessive, particularly because the all-stock structure could dilute existing MRVL holders and ties the deal’s value to Marvell’s falling share price. Analysts and shareholders have publicly questioned whether Marvell is overpaying for Lumentum. Marvell and Lumentum shareholders unite in panning merger deal
• Negative Sentiment: The transaction comes as investors are increasingly concerned that AI-infrastructure spending may not generate sufficient returns. The sharp market reaction suggests skepticism about management’s capital allocation, integration prospects and ability to realize the promised synergies. Marvell, Lumentum merge in $115 billion deal amid AI spending jitters

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.