Moss Adams Wealth Advisors LLC Purchases 2,623 Shares of Marvell Technology, Inc. $MRVL

Moss Adams Wealth Advisors LLC purchased a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,623 shares of the semiconductor company’s stock, valued at approximately $693,000.

Other institutional investors have also recently bought and sold shares of the company. Cape ANN Savings Bank grew its holdings in shares of Marvell Technology by 2.3% during the second quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock valued at $669,000 after buying an additional 50 shares during the last quarter. Arlington Trust Co LLC increased its position in shares of 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 raised its holdings in shares of Marvell Technology by 26.0% in the 2nd quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock worth $94,000 after acquiring an additional 65 shares during the last quarter. Washington Trust Advisors Inc. raised its holdings in shares of Marvell Technology by 88.5% in the 3rd quarter. Washington Trust Advisors Inc. now owns 147 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 69 shares during the last quarter. Finally, HBW Advisory Services LLC raised its holdings in shares of Marvell Technology by 3.3% in the 2nd quarter. HBW Advisory Services LLC now owns 2,270 shares of the semiconductor company’s stock worth $676,000 after acquiring an additional 73 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Matthew Murphy sold 7,500 shares of Marvell Technology stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $235.47, for a total transaction of $1,766,025.00. Following the sale, the chief executive officer directly owned 768,186 shares in the company, valued at approximately $180,884,757.42. This trade represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 business’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $262.05, for a total value of $2,620,500.00. Following the completion of the transaction, the chief operating officer directly owned 207,941 shares in the company, valued at approximately $54,490,939.05. This 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 ninety days, insiders sold 57,285 shares of company stock valued at $12,837,063. Insiders own 0.12% of the company’s stock.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Strategic rationale for Lumentum: Marvell is reportedly in advanced talks to acquire optical-components maker Lumentum (NASDAQ: LITE). The deal could give Marvell direct access to scarce indium phosphide laser manufacturing capacity, strengthen its optical networking business, and improve its position in the fast-growing co-packaged optics market. Both companies also have strategic relationships with NVIDIA. Reuters article on Marvell’s Lumentum talks
• Positive Sentiment: Long-term AI growth remains intact: Marvell’s custom silicon, networking, and optical-interconnect businesses are positioned to benefit from continued hyperscaler and AI data-center investment. Recent coverage highlights management’s ambitious fiscal 2028 revenue target and a potential path toward substantially higher earnings by 2030. Analysts also expect double-digit bottom-line growth in the upcoming quarter. Marvell earnings preview
• Neutral Sentiment: Investors are awaiting earnings: Marvell is scheduled to report its fiscal third-quarter results soon. The report and management’s outlook could clarify demand trends, hyperscaler spending, and whether the company’s AI growth targets justify its elevated valuation. Earnings report preview
• Negative Sentiment: Potential deal dilution and valuation risk: Lumentum’s market value has surged to roughly $83 billion, and reports indicate a potential all-stock transaction. Investors fear Marvell could issue a substantial amount of shares, dilute existing ownership, and overpay for a company with comparatively modest current operating income. The market’s negative reaction reflects uncertainty over whether the acquisition would be earnings-accretive. TheStreet analysis of the proposed deal
• Negative Sentiment: Sector-wide AI spending concerns: Weakness across Broadcom, Qualcomm, Arm, Lumentum, Coherent, and other optics suppliers suggests investors are reassessing the pace and returns of hyperscaler AI infrastructure spending. These concerns are adding pressure to MRVL beyond the company-specific acquisition rumors. AI optics sector selloff article

Marvell Technology Stock Down 10.0%

Marvell Technology stock opened at $196.40 on Friday. 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 debt-to-equity ratio of 0.27, a quick ratio of 2.62 and a current ratio of 3.17. The firm’s 50-day simple moving average is $242.61 and its 200 day simple moving average is $182.37. The stock has a market cap of $172.22 billion, a PE ratio of 64.82, a price-to-earnings-growth ratio of 5.85 and a beta of 2.26.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 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 during the quarter, compared to analyst estimates of $2.72 billion. During the same quarter last year, the business posted $0.67 EPS. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Research analysts predict that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Friday, October 9th were given 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 of this dividend was Friday, October 9th. Marvell Technology’s dividend payout ratio (DPR) is presently 7.92%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on MRVL shares. Arete Research upgraded Marvell Technology to a “strong-buy” rating in a research note on Friday, October 16th. Royal Bank Of Canada increased their price objective on Marvell Technology from $360.00 to $425.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 7th. HC Wainwright restated a “buy” rating on shares of Marvell Technology in a report on Tuesday, August 25th. Erste Group Bank cut Marvell Technology from a “buy” rating to a “hold” rating in a research report on Wednesday, July 15th. Finally, UBS Group upped their price target on Marvell Technology from $335.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $327.36.

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.