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

Jeppson Wealth Management LLC acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, HoldingsChannel reports. The fund acquired 3,926 shares of the semiconductor company’s stock, valued at approximately $1,037,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Focused Wealth Management Inc bought a new stake in shares of Marvell Technology in the first quarter valued at approximately $608,000. Birch Hill Investment Advisors LLC acquired a new stake in Marvell Technology during the third quarter worth approximately $848,000. Swedbank AB increased its stake in Marvell Technology by 2.8% during the 1st quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock worth $315,925,000 after acquiring an additional 85,816 shares during the period. Merit Financial Group LLC increased its stake in Marvell Technology by 22.9% during the 2nd quarter. Merit Financial Group LLC now owns 27,079 shares of the semiconductor company’s stock worth $8,067,000 after acquiring an additional 5,047 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Marvell Technology by 49.7% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company’s stock valued at $27,105,000 after acquiring an additional 90,800 shares in the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MRVL has been the subject of a number of recent analyst reports. DA Davidson set a $225.00 target price on Marvell Technology in a research report on Tuesday, August 18th. Cantor Fitzgerald increased their target price on Marvell Technology from $330.00 to $350.00 and gave the stock a “neutral” rating in a report on Wednesday, October 7th. Stifel Nicolaus raised their price target on Marvell Technology from $350.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, October 7th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Marvell Technology in a research note on Tuesday, October 6th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $425.00 price target on shares of Marvell Technology in a research note on Wednesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $327.36.

Marvell Technology Stock Up 4.1%

Shares of MRVL opened at $237.09 on Tuesday. Marvell Technology, Inc. has a one year low of $70.68 and a one year high of $329.88. The company has a market cap of $207.90 billion, a P/E ratio of 78.25, a P/E/G ratio of 6.79 and a beta of 2.26. 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 50 day simple moving average of $241.71 and a two-hundred day simple moving average of $217.99.

Marvell Technology (NASDAQ:MRVL) last issued 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 company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. During the same quarter last year, the company posted $0.67 EPS. The company’s revenue for the quarter was up 36.5% compared to the same quarter last year. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Research analysts forecast that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is 7.92%.

More Marvell Technology News

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

Insiders Place Their Bets

In other Marvell Technology news, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $273.59, for a total value of $300,949.00. Following the transaction, the chief accounting officer owned 909 shares in the company, valued at $248,693.31. The trade was a 54.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Matthew Murphy sold 7,500 shares of the business’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $235.47, for a total value of $1,766,025.00. Following the transaction, the chief executive officer directly owned 768,186 shares of the company’s stock, valued at approximately $180,884,757.42. The trade was a 0.97% decrease in their position. The SEC filing for this sale provides additional information. 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 ninety days, insiders sold 57,285 shares of company stock valued at $12,837,063. 0.12% of the stock is owned by corporate insiders.

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.