Marvell Technology, Inc. $MRVL Shares Newly Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,151 shares of the semiconductor company’s stock, valued at approximately $3,739,000.

Other institutional investors have also modified their holdings of the company. Confluence Wealth Services Inc. acquired a new stake in Marvell Technology during the 3rd quarter worth approximately $354,000. Moneco Advisors LLC bought a new position in Marvell Technology in the third quarter valued at approximately $2,143,000. Mesirow Financial Investment Management Inc. acquired a new position in shares of Marvell Technology in the third quarter valued at approximately $1,472,000. 626 Financial LLC acquired a new position in shares of Marvell Technology in the third quarter valued at approximately $352,000. Finally, Lido Advisors LLC acquired a new position in shares of Marvell Technology in the third quarter valued at approximately $17,145,000. Institutional investors own 83.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group reissued a “neutral” rating and set a $270.00 price objective on shares of Marvell Technology in a research report on Wednesday, October 7th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $325.00 price objective on shares of Marvell Technology in a research report on Wednesday, October 7th. Royal Bank Of Canada reduced their target price on shares of Marvell Technology from $425.00 to $250.00 and set an “outperform” rating for the company in a research note on Tuesday, November 3rd. JPMorgan Chase & Co. upped their target price on shares of Marvell Technology from $305.00 to $360.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Finally, Wolfe Research increased their target price on Marvell Technology from $280.00 to $375.00 and gave the stock an “outperform” rating in a report on Wednesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $300.09.

Key Marvell Technology News

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

• Positive Sentiment: Some coverage views the selloff as excessive and MRVL as undervalued, pointing to potential upside; B. Riley maintained a Buy rating with a reduced $250 price target. Marvell’s reported 46% data-center growth and strong 2026 share-price gains are cited as reasons investors may see longer-term opportunity. Article: Marvell Stock’s Selloff Is Overdone
• Neutral Sentiment: Commentary is divided on Marvell’s planned all-stock Lumentum acquisition. The deal could expand Marvell’s position in AI data-center optical technology, but its value to Marvell shareholders depends on execution and the companies’ future cash flows. Article: Lumentum and Marvell’s all-stock offer
• Negative Sentiment: Deal uncertainty is a near-term overhang: a report cited merger specialists who put the odds of completing Marvell’s reported $115 billion Lumentum takeover at about 50%. Because the offer is all-stock, MRVL’s decline also reduces the offer’s value. Article: Marvell’s Lumentum Deal Faces 50-50 Odds
• Negative Sentiment: Investor flows and broader risk aversion have added pressure: ETFs were reported to have sold a net $134.4 million of Marvell shares on Nov. 6, while coverage attributes the recent weakness partly to investors exiting AI stocks. Article: ETFs Are Net Sellers of Marvell Technology

Marvell Technology Trading Down 0.1%

NASDAQ:MRVL opened at $154.39 on Wednesday. Marvell Technology, Inc. has a twelve month low of $70.68 and a twelve month high of $329.88. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average price of $231.92 and a two-hundred day moving average price of $184.95. The company has a market cap of $135.38 billion, a P/E ratio of 50.95, a price-to-earnings-growth ratio of 4.62 and a beta of 2.32.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, topping 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 company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same period last year, the business earned $0.67 EPS. 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, analysts expect that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Friday, October 9th were issued a dividend of $0.06 per share. The ex-dividend date was Friday, October 9th. This represents a $0.24 annualized dividend and a yield of 0.2%. Marvell Technology’s dividend payout ratio is presently 7.92%.

Insider Buying and Selling 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 value of $300,949.00. Following the sale, the chief accounting officer directly owned 909 shares in the company, valued at approximately $248,693.31. The trade was a 54.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $186.97, for a total transaction of $1,869,700.00. Following the sale, the chief operating officer directly owned 202,800 shares in the company, valued at $37,917,516. This trade represents a 4.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 57,285 shares of company stock worth $12,901,763. Company insiders own 0.12% of the company’s stock.

Marvell Technology Profile

Marvell Technology is a fabless semiconductor company that develops data infrastructure chips and related technologies. Its products include networking and Ethernet chips, storage controllers, processors, optical and connectivity solutions, and custom silicon used in data centers, carrier networks, enterprise systems, and other applications. The company’s products help move, store, process, and secure data across cloud and telecommunications infrastructure. Marvell serves customers around the world, including equipment makers and technology companies that incorporate its semiconductors into their systems.