Jeppson Wealth Management LLC Buys 3,926 Shares of Marvell Technology, Inc. $MRVL

Jeppson Wealth Management LLC purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,926 shares of the semiconductor company’s stock, valued at approximately $1,037,000.

A number of other large investors also recently modified their holdings of the business. CWA Asset Management Group LLC bought a new stake in Marvell Technology during the third quarter worth about $2,478,000. CFS Investment Advisory Services LLC acquired a new position in shares of Marvell Technology during the 3rd quarter worth approximately $357,000. Grandview Asset Management LLC bought a new stake in shares of Marvell Technology during the 3rd quarter worth approximately $5,867,000. Warwick Investment Management Inc. bought a new stake in shares of Marvell Technology during the 3rd quarter worth approximately $277,000. Finally, Retirement Planning Group LLC bought a new stake in shares of Marvell Technology during the 3rd quarter worth approximately $268,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Marvell Technology

In other news, CAO Justin Scarpulla sold 1,100 shares of the firm’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $273.59, for a total transaction of $300,949.00. Following the completion of the sale, the chief accounting officer owned 909 shares in the company, valued at approximately $248,693.31. This trade represents a 54.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Matthew Murphy sold 7,500 shares of Marvell Technology stock in a transaction dated 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 of the company’s stock, valued at $180,884,757.42. The trade was a 0.97% 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. In the last quarter, insiders have sold 57,285 shares of company stock worth $12,837,063. 0.12% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Morgan Stanley increased their price target on shares of Marvell Technology from $268.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 7th. BMO Capital Markets restated a “market perform” rating and set a $325.00 price objective on shares of Marvell Technology in a research note on Wednesday, October 7th. Royal Bank Of Canada boosted their price objective on shares of Marvell Technology from $360.00 to $425.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 7th. Stifel Nicolaus upped their target price on shares of Marvell Technology from $350.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. Finally, Rosenblatt Securities raised their target price on shares of Marvell Technology from $240.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, August 25th. Two 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $327.36.

Marvell Technology News Summary

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

• Positive Sentiment: Investor optimism is being driven by Marvell’s AI infrastructure growth. One analysis said the company’s market capitalization has nearly tripled this year, while its reported six-year, $120 billion agreement with Alphabet provides significant long-term revenue visibility. Is Marvell Technology a Millionaire-Maker Stock?
• Positive Sentiment: A reported delay to Google’s next tensor processing unit is being viewed as manageable rather than a major threat to Marvell’s custom-chip business. GF Securities reportedly believes the delay should not undermine Marvell’s competitive position, helping support the stock’s recovery. Marvell Jumps as Google Chip Delay Is Viewed as Manageable
• Positive Sentiment: Analyst support has increased, with reports citing a higher fair-value estimate based on expectations for continued AI-related growth. Marvell also formed a Cloud Security Alliance following new CXL and connectivity launches, reinforcing its data-center positioning. Marvell Stock Sees Fair Value Lift
• Positive Sentiment: Investors are also anticipating Marvell’s final dividend payment of the year, scheduled for late next week. The payout is a modest shareholder-return catalyst rather than a major change to the company’s growth outlook. Marvell to Pay Dividends Next Week
• Neutral Sentiment: Marvell recently endured a sharp selloff even after management raised its fiscal 2028 revenue outlook at Investor Day. The rebound reflects renewed confidence in fundamentals, but the stock’s strong prior gains and high valuation leave it sensitive to execution and expectations. What Just Happened to Marvell Stock?
• Negative Sentiment: Marvell’s CEO sold 7,500 shares in a preplanned transaction. Because the sale was scheduled in advance, it may not indicate a change in management’s outlook, but insider selling can weigh modestly on sentiment. Marvell CEO Sells Shares in Preplanned Trade

Marvell Technology Stock Up 4.1%

MRVL opened at $237.09 on Tuesday. Marvell Technology, Inc. has a 1-year low of $70.68 and a 1-year high of $329.88. The stock’s fifty day simple moving average is $241.71 and its 200 day simple moving average is $217.99. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. The stock has a market cap of $207.90 billion, a PE ratio of 78.25, a price-to-earnings-growth ratio of 6.79 and a beta of 2.26.

Marvell Technology (NASDAQ:MRVL) last announced 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 return on equity of 13.57% and a net margin of 27.93%. The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. During the same quarter last year, the firm posted $0.67 EPS. The company’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, research analysts expect that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders 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 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio is presently 7.92%.

About Marvell Technology

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.