Insider Selling: Marvell Technology (NASDAQ:MRVL) COO Sells $2,032,700.00 in Stock

Marvell Technology, Inc. (NASDAQ:MRVL) COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction dated 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 sale, the chief operating officer owned 217,941 shares in the company, valued at $44,300,867.07. The trade was a 4.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chris Koopmans also recently made the following trade(s):

• On Monday, August 3rd, Chris Koopmans sold 10,000 shares of Marvell Technology stock. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00.
• On Wednesday, July 1st, Chris Koopmans sold 10,000 shares of Marvell Technology stock. The stock was sold at an average price of $281.92, for a total transaction of $2,819,200.00.

Marvell Technology Stock Performance

NASDAQ:MRVL traded down $3.91 during trading hours on Wednesday, hitting $206.48. 14,993,872 shares of the company were exchanged, compared to its average volume of 28,927,217. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62. Marvell Technology, Inc. has a 52-week low of $61.44 and a 52-week high of $329.88. The stock has a market capitalization of $181.06 billion, a price-to-earnings ratio of 68.15, a PEG ratio of 1.21 and a beta of 2.25. The company’s 50 day moving average price is $223.93 and its 200-day moving average price is $179.05.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The business had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same quarter last year, the company posted $0.67 earnings per share. The business’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. As a group, research analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s payout ratio is currently 7.92%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MRVL shares. Morgan Stanley raised their price objective on Marvell Technology from $224.00 to $246.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. UBS Group set a $275.00 target price on Marvell Technology in a research report on Monday, August 24th. Melius Research set a $220.00 price target on shares of Marvell Technology in a report on Monday, May 18th. Loop Capital raised shares of Marvell Technology to a “strong-buy” rating in a research report on Tuesday, June 16th. Finally, Scotiabank assumed coverage on shares of Marvell Technology in a research note on Tuesday, May 26th. They set an “outperform” rating for the company. Two research 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $265.76.

Institutional Investors Weigh In On Marvell Technology

Several hedge funds have recently bought and sold shares of MRVL. Cape ANN Savings Bank grew its stake in Marvell Technology by 2.3% in the second quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock valued at $669,000 after purchasing an additional 50 shares in the last quarter. Arlington Trust Co LLC raised its position in Marvell Technology by 24.1% during the second quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock worth $80,000 after acquiring an additional 52 shares in the last quarter. GoalVest Advisory LLC lifted its stake in Marvell Technology by 26.0% in the second quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock valued at $94,000 after acquiring an additional 65 shares during the last quarter. Mayflower Financial Advisors LLC grew its position in shares of Marvell Technology by 1.7% in the 1st quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock valued at $407,000 after acquiring an additional 68 shares during the period. Finally, Bell Investment Advisors Inc grew its position in shares of Marvell Technology by 12.9% in the 1st quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock valued at $62,000 after acquiring an additional 72 shares during the period. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell reported quarterly revenue of approximately $2.74 billion, up 37% year over year, while data-center revenue rose 46% to about $2.17 billion. Adjusted earnings also exceeded consensus estimates. Marvell’s Data Center Machine Keeps Rewriting Its Own Forecast
• Positive Sentiment: Management raised its near-term guidance and increased its multiyear revenue outlook, reinforcing the view that custom silicon, networking and connectivity demand from AI data centers remains strong. Marvell Beat and Raised Guidance
• Positive Sentiment: The expanded Alphabet/Google relationship and planned acquisition of Celestial AI could strengthen Marvell’s position in optical connectivity and photonics for hyperscale AI infrastructure. Why Is Marvell Technology Pushing Deeper Into AI Photonics?
• Neutral Sentiment: Analysts and commentators remain divided: some view the pullback as an opportunity based on Marvell’s AI growth, while others prefer Broadcom because of its broader customer base and potentially lower dependence on a few hyperscalers. Marvell vs. Broadcom
• Negative Sentiment: Investors were disappointed that the Google deal’s near-term contribution appears difficult to quantify; some covered programs were already included in management’s prior targets, and the revenue benefit may arrive gradually rather than producing an immediate forecast surge. Marvell’s Hyperscaler Deal Lands in a Fiscal Year Management Will Not Size Yet
• Negative Sentiment: Lower free-cash-flow margins and a softer margin outlook are weighing on the stock, particularly because MRVL trades at a demanding growth valuation. A downgrade and broader selling in high-growth technology shares have added pressure. What’s Going on With Marvell Stock on Wednesday?

About Marvell Technology

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.