Leuthold Group LLC Acquires New Stake in Marvell Technology, Inc. $MRVL

Leuthold Group LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 3,435 shares of the semiconductor company’s stock, valued at approximately $908,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Coyle Financial Counsel LLC bought a new stake in shares of Marvell Technology in the 3rd quarter valued at approximately $696,000. Birch Hill Investment Advisors LLC acquired a new stake in shares of Marvell Technology during the 3rd quarter valued at approximately $848,000. Merit Financial Group LLC raised its position in shares of Marvell Technology by 22.9% during the 2nd quarter. Merit Financial Group LLC now owns 27,079 shares of the semiconductor company’s stock valued at $8,067,000 after acquiring an additional 5,047 shares in the last quarter. Swiss National Bank raised its position in shares of Marvell Technology by 5.4% during the 1st quarter. Swiss National Bank now owns 2,489,003 shares of the semiconductor company’s stock valued at $246,536,000 after acquiring an additional 126,600 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC bought a new position in Marvell Technology during the third quarter worth $24,014,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Jefferies Financial Group lifted their price objective on shares of Marvell Technology from $325.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. Piper Sandler reiterated an “overweight” rating on shares of Marvell Technology in a research note on Thursday, October 29th. Needham & Company LLC dropped their target price on shares of Marvell Technology from $400.00 to $300.00 and set a “buy” rating on the stock in a report on Tuesday, November 3rd. Stifel Nicolaus increased their target price on shares of Marvell Technology from $350.00 to $370.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. Finally, HC Wainwright restated a “buy” rating on shares of Marvell Technology in a research report on Tuesday, August 25th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus price target of $300.09.

Marvell Technology Trading Down 0.1%

Shares of NASDAQ:MRVL opened at $154.39 on Wednesday. The company has a market cap of $135.38 billion, a PE ratio of 50.95, a P/E/G ratio of 4.62 and a beta of 2.32. The company’s 50-day moving average price is $231.92 and its 200 day moving average price is $184.95. Marvell Technology, Inc. has a fifty-two week low of $70.68 and a fifty-two 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 the consensus estimate of $0.93 by $0.01. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same quarter in the prior year, the firm earned $0.67 EPS. Marvell Technology’s quarterly revenue was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Sell-side analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Announces Dividend

The firm 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. The ex-dividend date was Friday, October 9th. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. Marvell Technology’s payout ratio is currently 7.92%.

Insiders Place Their Bets

In related news, insider Sandeep Bharathi sold 3,685 shares of the firm’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 sale, the insider directly owned 58,748 shares in the company, valued at $13,804,017.56. This trade represents a 5.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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. Also, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total value of $1,675,425.00. Following the completion of the sale, the chief executive officer owned 775,686 shares in the company, valued at approximately $173,280,495.54. This represents a 0.96% 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. In the last ninety days, insiders have sold 57,285 shares of company stock valued at $12,901,763. Corporate 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: Some coverage views the selloff as excessive and MRVL as undervalued, pointing to potential upside; B. Riley maintained a Buy rating with a reduced $250 price target. Marvell’s reported 46% data-center growth and strong 2026 share-price gains are cited as reasons investors may see longer-term opportunity. Article: Marvell Stock’s Selloff Is Overdone
• Neutral Sentiment: Commentary is divided on Marvell’s planned all-stock Lumentum acquisition. The deal could expand Marvell’s position in AI data-center optical technology, but its value to Marvell shareholders depends on execution and the companies’ future cash flows. Article: Lumentum and Marvell’s all-stock offer
• Negative Sentiment: Deal uncertainty is a near-term overhang: a report cited merger specialists who put the odds of completing Marvell’s reported $115 billion Lumentum takeover at about 50%. Because the offer is all-stock, MRVL’s decline also reduces the offer’s value. Article: Marvell’s Lumentum Deal Faces 50-50 Odds
• Negative Sentiment: Investor flows and broader risk aversion have added pressure: ETFs were reported to have sold a net $134.4 million of Marvell shares on Nov. 6, while coverage attributes the recent weakness partly to investors exiting AI stocks. Article: ETFs Are Net Sellers of Marvell Technology

Marvell Technology Company Profile

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.