Marvell Technology, Inc. $MRVL Shares Newly Bought by KRS Capital Management LLC

KRS Capital Management LLC acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,434 shares of the semiconductor company’s stock, valued at approximately $2,228,000. Marvell Technology makes up approximately 1.0% of KRS Capital Management LLC’s portfolio, making the stock its 17th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. raised its holdings in shares of Marvell Technology by 34.1% during the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock worth $25,511,649,000 after purchasing an additional 21,798,190 shares during the last quarter. State Street Corp lifted its position in Marvell Technology by 79.3% during the second quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock valued at $12,462,011,000 after purchasing an additional 18,495,866 shares during the period. Bank of America Corp DE acquired a new position in Marvell Technology during the second quarter valued at $2,607,795,000. Legal & General Group Plc purchased a new stake in Marvell Technology in the second quarter valued at $1,742,526,000. Finally, Bank of New York Mellon Corp boosted its holdings in Marvell Technology by 153.3% in the second quarter. Bank of New York Mellon Corp now owns 7,957,985 shares of the semiconductor company’s stock valued at $2,370,604,000 after purchasing an additional 4,815,725 shares during the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology Stock Performance

MRVL opened at $227.83 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62. The firm has a fifty day moving average price of $241.14 and a 200 day moving average price of $216.11. Marvell Technology, Inc. has a 1 year low of $70.68 and a 1 year high of $329.88. The stock has a market cap of $199.78 billion, a P/E ratio of 75.19, a P/E/G 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, topping analysts’ consensus estimates of $0.93 by $0.01. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The firm’s quarterly revenue was up 36.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Equities research analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Announces Dividend

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

Insider Activity

In other news, CAO Justin Scarpulla sold 1,100 shares of the 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 sale, the chief accounting officer directly owned 909 shares of the company’s stock, valued at $248,693.31. This represents a 54.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $262.05, for a total value of $2,620,500.00. Following the sale, the chief operating officer owned 207,941 shares in the company, valued at $54,490,939.05. This trade represents a 4.59% decrease in their ownership of the stock. 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. In the last 90 days, insiders sold 57,285 shares of company stock valued at $12,837,063. Insiders own 0.12% of the company’s stock.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell’s recent Investor Day highlighted strong expected demand for custom AI chips, data-center infrastructure and networking silicon. The company raised its long-term sales outlook, supporting the view that it could deliver substantial revenue and earnings growth. Long-term Marvell growth outlook
• Positive Sentiment: Erste Group Bank reportedly increased its earnings-per-share forecast for Marvell, while other analysts remain optimistic about the company’s growth potential in AI and data-center markets. Marvell EPS forecast increase
• Neutral Sentiment: CEO Matthew Murphy sold 7,500 shares, and insider Sandeep Bharathi sold 3,685 shares. Both transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding tied to vested equity awards, reducing their significance as signals about the company’s outlook. Marvell CEO SEC filing Marvell insider SEC filing
• Negative Sentiment: Broadcom CEO Hock Tan’s warning about the amount of capital required to fund AI infrastructure is weighing on custom AI-chip companies, including Marvell. Investors fear that hyperscalers may become more selective with spending or demand better returns, particularly after Marvell’s substantial rally. Broadcom AI funding warning
• Negative Sentiment: Hotter U.S. inflation data and rising interest-rate expectations have triggered a broader technology and semiconductor sell-off. High-growth stocks such as Marvell are particularly vulnerable because their valuation depends heavily on future AI-driven earnings. Marvell market pressure

Analyst Ratings Changes

Several equities research analysts have weighed in on MRVL shares. Susquehanna increased their price target on Marvell Technology from $265.00 to $340.00 and gave the stock a “positive” rating in a research report on Wednesday, October 7th. BMO Capital Markets reissued a “market perform” rating and issued a $325.00 price objective on shares of Marvell Technology in a report on Wednesday, October 7th. Roth Capital reissued a “buy” rating and issued a $350.00 price objective on shares of Marvell Technology in a report on Thursday, August 20th. Morgan Stanley upped their target price on Marvell Technology from $268.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 7th. Finally, Craig Hallum restated a “buy” rating and issued a $380.00 target price on shares of Marvell Technology in a research note on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $327.36.

Marvell Technology 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.