63,336 Shares in Marvell Technology, Inc. $MRVL Purchased by NFSG Corp

NFSG Corp bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, Holdings Channel reports. The institutional investor bought 63,336 shares of the semiconductor company’s stock, valued at approximately $16,734,000. Marvell Technology comprises about 1.7% of NFSG Corp’s holdings, making the stock its 14th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of MRVL. Focused Wealth Management Inc acquired a new stake in shares of Marvell Technology during the first quarter worth $608,000. Swedbank AB lifted its position in Marvell Technology by 2.8% in the 1st quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock valued at $315,925,000 after acquiring an additional 85,816 shares in the last quarter. Merit Financial Group LLC lifted its position in Marvell Technology by 22.9% in 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. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in Marvell Technology by 49.7% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company’s stock worth $27,105,000 after purchasing an additional 90,800 shares during the period. Finally, Swiss National Bank boosted its stake in Marvell Technology by 5.4% in the 1st quarter. Swiss National Bank now owns 2,489,003 shares of the semiconductor company’s stock worth $246,536,000 after purchasing an additional 126,600 shares during the period. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology Stock Down 1.6%

Marvell Technology stock opened at $241.24 on Friday. The company has a market cap of $211.54 billion, a P/E ratio of 79.62, a price-to-earnings-growth ratio of 7.31 and a beta of 2.26. Marvell Technology, Inc. has a 1-year low of $70.68 and a 1-year high of $329.88. The company has a fifty day simple moving average of $240.96 and a 200 day simple moving average of $216.03. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $2.72 billion. During the same period in the previous year, the business earned $0.67 EPS. The company’s revenue was up 36.5% compared to the same quarter last year. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Research analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be given a $0.06 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s payout ratio is currently 7.92%.

More Marvell Technology News

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

• Positive Sentiment: Marvell formed an Open Compute Project working group with Microsoft and Oracle to develop hardware-security standards for hyperscale data centers. The company also introduced six-channel CXL memory expansion, 224G-per-lane connectivity and other technologies aimed at AI infrastructure. These initiatives strengthen its positioning in data-center connectivity and memory-intensive AI workloads. Marvell Technology Forms Security Group and Unveils Six Channel AI Memory
• Positive Sentiment: Recent coverage highlights Marvell’s bullish long-term outlook, including an $18 billion revenue target, increasing demand for custom silicon and potential growth in optical networking. Analysts cited in the coverage reportedly have no sell ratings, supporting the longer-term investment case. Marvell’s New $18 Billion Revenue Target Could Be a Game-Changer
• Neutral Sentiment: Investor commentary remains divided on whether the recent pullback represents an attractive entry point. Marvell is viewed as a faster-growing, more concentrated AI and data-infrastructure company than Broadcom, but that focus also leaves it more exposed to customer concentration, execution risk and valuation swings. Should You Buy the Dip in Marvell Stock?
• Negative Sentiment: The immediate market backdrop is unfavorable: a hotter inflation reading and concerns about slowing Anthropic revenue growth have extended the technology and AI-stock selloff. Marvell’s high-growth profile and premium valuation make it particularly sensitive to risk reduction and profit-taking. Intel, Marvell, CoreWeave, TSMC, Apple, and More Stocks That Explain Today’s Market
• Negative Sentiment: Reports also point to insider selling and caution that Marvell’s optical business may take time to become a major contributor. These factors add near-term selling pressure despite the company’s improving long-term AI opportunity. Marvell Technology Stock Price Down After Insider Selling

Insider Buying and Selling

In related news, CAO Justin Scarpulla sold 1,100 shares of the company’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $273.59, for a total transaction of $300,949.00. Following the sale, the chief accounting officer owned 909 shares in the company, valued at approximately $248,693.31. This represents a 54.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Chris Koopmans sold 10,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $262.05, for a total value of $2,620,500.00. Following the transaction, the chief operating officer directly owned 207,941 shares of the company’s stock, valued at $54,490,939.05. This trade represents a 4.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 46,100 shares of company stock worth $10,205,174. Corporate insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

MRVL has been the subject of a number of research reports. Oppenheimer reiterated an “outperform” rating and set a $425.00 target price on shares of Marvell Technology in a report on Wednesday, October 7th. Benchmark reissued a “buy” rating on shares of Marvell Technology in a research note on Monday, August 24th. UBS Group boosted their price target on Marvell Technology from $335.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. DA Davidson set a $225.00 price objective on Marvell Technology in a research report on Tuesday, August 18th. Finally, B. Riley Financial reduced their price objective on Marvell Technology from $345.00 to $315.00 and set a “buy” rating for the company in a research report on Friday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Marvell Technology 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 fabless semiconductor company that develops technologies for data infrastructure. Its products are used to move, process, store and secure data across cloud data centers, enterprise networks, telecommunications systems, automotive platforms and other communications applications.

The company’s portfolio includes custom application-specific integrated circuits, data processing and networking solutions, Ethernet products, storage controllers, optical and electro-optical components, and connectivity technologies.