2,179 Shares of Marvell Technology, Inc. $MRVL Purchased by Shulman DeMeo Asset Management LLC

Shulman DeMeo Asset Management LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,179 shares of the semiconductor company’s stock, valued at approximately $591,000.

Other large investors have also recently made changes to their positions in the company. C M Bidwell & Associates Ltd. acquired a new stake in Marvell Technology in the 2nd quarter valued at about $27,000. Aberdeen Wealth Management LLC purchased a new position in shares of Marvell Technology during the 2nd quarter worth $30,000. Tompkins Financial Corp purchased a new stake in Marvell Technology in the 2nd quarter valued at about $31,000. LifeSteps Financial Inc. acquired a new stake in shares of Marvell Technology during the second quarter valued at about $32,000. Finally, Cetera Trust Company N.A acquired a new position in shares of Marvell Technology in the 2nd quarter worth approximately $37,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Marvell Technology Stock Up 0.2%

Shares of MRVL stock traded up $0.62 during trading hours on Friday, reaching $275.28. 15,043,648 shares of the stock were exchanged, compared to its average volume of 27,654,426. Marvell Technology, Inc. has a 12-month low of $70.68 and a 12-month high of $329.88. The business’s fifty day moving average is $235.46 and its two-hundred day moving average is $210.23. 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 market capitalization of $241.39 billion, a P/E ratio of 90.85, a P/E/G ratio of 2.75 and a beta of 2.26.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS 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 quarter in the previous year, the business posted $0.67 EPS. The firm’s 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 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be paid a dividend of $0.06 per share. 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 payout ratio is presently 7.92%.

Insider Buying and Selling at Marvell Technology

In other news, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at approximately $41,143,350.50. This represents a 4.20% decrease in their position. The transaction 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. Also, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total value of $1,675,425.00. Following the completion of the transaction, the chief executive officer owned 775,686 shares in the company, valued at approximately $173,280,495.54. The trade was a 0.96% 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. Insiders sold 45,000 shares of company stock worth $9,904,225 in the last three months. 0.12% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell raised its fiscal 2031 revenue target to approximately $70 billion to $90 billion, compared with a fiscal 2026 base of $8.2 billion. Management also outlined a $20 billion 2028 revenue target, reinforcing expectations for strong demand for custom AI chips, networking products and data-center connectivity. Marvell Technology Lifts 2031 Revenue Goal
• Positive Sentiment: The company estimates that connecting AI chips could become a roughly $37 billion business, improving the long-term growth case for its electro-optics, networking and custom silicon offerings. The forecast also lifted sentiment toward related AI infrastructure companies. Marvell Says Connecting AI Chips Could Be a $37 Billion Business
• Positive Sentiment: Barclays maintained a Buy rating, while reports also cited favorable views or price-target increases from JPMorgan, RBC, Susquehanna, Cantor Fitzgerald and Bank of America. This analyst support is helping sustain momentum after the investor-day presentation. Barclays Keeps Their Buy Rating on Marvell
• Neutral Sentiment: Marvell plans to showcase a broad portfolio of open AI infrastructure solutions at the OCP Global Summit, providing potential product and customer visibility but no immediate change to earnings guidance. Marvell to Showcase Open AI Infrastructure Solutions
• Negative Sentiment: Some analysts warn that the stock’s substantial multiyear rally has already priced in significant AI success. At roughly 24 times forward earnings, valuation may look reasonable relative to the growth targets, but it remains exposed to execution risk, customer concentration and any slowdown in AI data-center spending. Marvell Stock Could Be Below Fair Value
• Negative Sentiment: Higher Treasury yields and oil prices recently pressured high-growth technology shares, contributing to volatility in MRVL despite its favorable company-specific outlook. What’s Going On With Marvell Technology Stock

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on MRVL shares. Erste Group Bank cut Marvell Technology from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. KeyCorp reissued an “overweight” rating on shares of Marvell Technology in a research report on Wednesday. HC Wainwright reissued a “buy” rating on shares of Marvell Technology in a research note on Tuesday, August 25th. Evercore restated an “outperform” rating and issued a $433.00 price objective on shares of Marvell Technology in a report on Tuesday. Finally, JPMorgan Chase & Co. increased their target price on shares of Marvell Technology from $305.00 to $360.00 and gave the stock an “overweight” rating in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $320.82.

Marvell Technology Profile

Marvell Technology, Inc (NASDAQ: MRVL) is a fabless semiconductor company that develops technologies for data infrastructure. Its products are used to move, process, store and secure data across cloud data centers, enterprise networks, telecommunications systems, automotive platforms and other communications applications.

The company’s portfolio includes custom application-specific integrated circuits, data processing and networking solutions, Ethernet products, storage controllers, optical and electro-optical components, and connectivity technologies.