5,756 Shares of Marvell Technology, Inc. $MRVL Bought by SilverOak Wealth Management LLC

SilverOak Wealth Management LLC purchased a new position in Marvell Technology, Inc. (NASDAQ:MRVL) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 5,756 shares of the semiconductor company’s stock, valued at approximately $1,521,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MRVL. Coyle Financial Counsel LLC acquired a new stake in Marvell Technology in the third quarter worth about $696,000. Birch Hill Investment Advisors LLC purchased a new stake in shares of Marvell Technology during the third quarter worth about $848,000. Swedbank AB increased its holdings in shares of Marvell Technology by 2.8% during the first 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 increased its holdings in shares of Marvell Technology by 22.9% during the second 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. Finally, Swiss National Bank increased its holdings in shares of Marvell Technology by 5.4% during the first 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. 83.51% of the stock is currently owned by institutional investors.

Insider Transactions at Marvell Technology

In other Marvell Technology news, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology stock in a transaction on Thursday, October 8th. The shares were 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 of the company’s stock, valued at $248,693.31. The trade was a 54.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Sandeep Bharathi sold 3,685 shares of the company’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $234.97, for a total transaction of $865,864.45. Following the sale, the insider directly owned 58,748 shares of the company’s stock, valued at $13,804,017.56. The trade was a 5.90% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 47,285 shares of company stock worth $11,032,063. Company insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on MRVL shares. Oppenheimer reaffirmed an “outperform” rating and issued a $425.00 price objective on shares of Marvell Technology in a research report on Wednesday, October 7th. Seaport Research Partners started coverage on shares of Marvell Technology in a research note on Tuesday, September 22nd. They set a “buy” rating and a $270.00 price objective for the company. Arete Research upgraded Marvell Technology to a “strong-buy” rating in a research report on Friday, October 16th. JPMorgan Chase & Co. lifted their price target on Marvell Technology from $305.00 to $360.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $270.00 target price on shares of Marvell Technology in a research 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 given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $327.36.

Marvell Technology Price Performance

NASDAQ:MRVL opened at $196.40 on Monday. The stock has a 50 day moving average of $242.61 and a two-hundred day moving average of $182.37. Marvell Technology, Inc. has a 12 month low of $70.68 and a 12 month high of $329.88. The firm has a market cap of $172.22 billion, a P/E ratio of 64.82, a price-to-earnings-growth ratio of 5.85 and a beta of 2.26. 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 released its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.01. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The business’s quarterly revenue was up 36.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, analysts expect that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Friday, October 9th were issued a $0.06 dividend. The ex-dividend date was Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is presently 7.92%.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: The proposed combination would expand Marvell’s position in AI data-center infrastructure by pairing its custom chips and networking technology with Lumentum’s lasers and optical components. The companies expect more than $1 billion in annual run-rate cost savings and higher adjusted earnings per share during the first year after closing. Marvell to Acquire Lumentum in $115 Billion All-Stock AI Infrastructure Deal
• Positive Sentiment: Management is targeting the fast-growing optical-networking market, where demand is being supported by AI data-center expansion. Marvell CEO Matt Murphy will lead the combined company, providing continuity for the company’s AI roadmap. Marvell and Lumentum officially plan to combine. Here’s what to know.
• Neutral Sentiment: The transaction values Lumentum at approximately $115 billion including debt. Lumentum investors would receive 4.5 Marvell shares per share, while Marvell shareholders would own about 67% of the combined company. Closing is expected in the first half of 2028, subject to shareholder and regulatory approvals.
• Negative Sentiment: Investors have reacted negatively to the scale of the acquisition, with Marvell shares declining sharply over the past week. The all-stock structure could create substantial dilution and ties the transaction’s effective value to Marvell’s volatile share price. Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
• Negative Sentiment: The acquisition introduces integration, regulatory and execution risks and may distract from Marvell’s existing AI-chip growth plans. At roughly $172 billion in market value, with a high earnings multiple and shares below their 50-day moving average, investors appear concerned that Marvell may be paying too much for future optical-networking growth.

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.