USAdvisors Wealth Management LLC Buys 2,271 Shares of Marvell Technology, Inc. $MRVL

USAdvisors Wealth Management LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,271 shares of the semiconductor company’s stock, valued at approximately $600,000.

A number of other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. lifted its stake in Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock valued at $25,511,649,000 after acquiring an additional 21,798,190 shares during the last quarter. State Street Corp grew its position in shares of Marvell Technology by 79.3% in the 2nd quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock valued at $12,462,011,000 after acquiring an additional 18,495,866 shares during the period. Bank of America Corp DE bought a new position in shares of Marvell Technology in the 2nd quarter valued at about $2,607,795,000. Legal & General Group Plc bought a new position in shares of Marvell Technology in the 2nd quarter valued at about $1,742,526,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Marvell Technology by 153.3% during the 2nd 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 purchasing an additional 4,815,725 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Marvell Technology

In related news, CEO Matthew Murphy sold 7,500 shares of Marvell Technology stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $235.47, for a total transaction of $1,766,025.00. Following the completion of the sale, the chief executive officer owned 768,186 shares of the company’s stock, valued at approximately $180,884,757.42. The trade was a 0.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $262.05, for a total transaction of $2,620,500.00. Following the completion of the transaction, the chief operating officer owned 207,941 shares in the company, valued at approximately $54,490,939.05. This trade represents a 4.59% decrease in their position. 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 90 days, insiders sold 57,285 shares of company stock worth $12,837,063. 0.12% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on MRVL shares. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $270.00 target price on shares of Marvell Technology in a report on Wednesday, October 7th. Wells Fargo & Company raised their target price on shares of Marvell Technology from $310.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. Stifel Nicolaus raised their target price on shares of Marvell Technology from $350.00 to $370.00 and gave the company a “buy” rating in a research note on Wednesday, October 7th. Susquehanna lifted their price target on Marvell Technology from $265.00 to $340.00 and gave the stock a “positive” rating in a report on Wednesday, October 7th. Finally, Barclays reissued an “overweight” rating on shares of Marvell Technology in a research report on Thursday, August 20th. Three analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Marvell Technology presently has an average rating of “Moderate Buy” and an average price target of $327.36.

View Our Latest Stock Analysis on Marvell Technology

Marvell Technology News Summary

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

  • Positive Sentiment: AI growth opportunities support the bullish case. Analysts and financial commentators highlighted Marvell’s custom AI-chip and data-center connectivity businesses, as well as ambitious revenue targets. Marvell is viewed as a potential beneficiary of AI spending shifting beyond GPUs toward custom accelerators and networking infrastructure. Marvell Stock Is Bouncing Back. 3 Reasons the Bulls Aren’t Backing Down
  • Positive Sentiment: New products and customer commitments improve the long-term outlook. The company recently unveiled memory-expansion and 3-nanometer connectivity chips at the OCP summit. Separate coverage pointed to Marvell’s reported six-year, $120 billion agreement with Alphabet as evidence of stronger revenue visibility and accelerating AI-infrastructure demand. Some projections suggest the stock could more than triple by fiscal 2031, though that is a highly speculative scenario. If I Could Only Buy 1 Artificial Intelligence Semiconductor Stock to Buy Before 2027
  • Positive Sentiment: Recent trading and fund flows were supportive. Marvell outperformed the broader market in the latest sessions, while one report estimated $116.4 million of net ETF purchases on October 19. Media coverage also identified MRVL as a leading non-Nvidia way to participate in custom AI-chip growth. Marvell Sees $116.4 Million in Net ETF Buying
  • Neutral Sentiment: The upcoming dividend provides modest shareholder income. Marvell’s final scheduled dividend of the year is expected late next week, but the payment is unlikely to be a major stock-price catalyst for a company primarily valued on growth.
  • Negative Sentiment: Valuation and market risks remain significant. Marvell’s high earnings multiple leaves the stock sensitive to interest rates, inflation data and any disappointment in AI spending or financing. The broader chip-sector sell-off recently pushed MRVL sharply lower, while Goldman data showed hedge funds reducing technology and semiconductor exposure at an unusually rapid pace. Hedge Funds Dumped Tech Stocks at the Fastest Pace in a Decade
  • Negative Sentiment: Insider selling adds a minor cautionary signal. Marvell’s CEO sold 7,500 shares in a preplanned transaction, which does not necessarily indicate a change in business outlook but may weigh slightly on sentiment.

Marvell Technology Trading Up 1.8%

Shares of Marvell Technology stock opened at $244.76 on Thursday. The business has a fifty day simple moving average of $242.82 and a two-hundred day simple moving average of $219.90. Marvell Technology, Inc. has a 1 year low of $70.68 and a 1 year high of $329.88. The company has a market capitalization of $214.63 billion, a price-to-earnings ratio of 80.78, a P/E/G ratio of 7.17 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.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 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 firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same period in the previous year, the business posted $0.67 earnings per share. The company’s revenue for the quarter 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 forecast that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Dividend Announcement

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

Marvell Technology Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

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