Gratus Wealth Advisors LLC purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 15,395 shares of the semiconductor company’s stock, valued at approximately $4,068,000. Marvell Technology accounts for approximately 0.5% of Gratus Wealth Advisors LLC’s portfolio, making the stock its 24th biggest holding.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Investment Research & Advisory Group Inc. purchased a new stake in shares of Marvell Technology during the 3rd quarter valued at $25,000. Sawyer & Company Inc bought a new stake in shares of Marvell Technology during the 3rd quarter worth $26,000. Sunrise Financial Services LLC purchased a new position in shares of Marvell Technology in the 3rd quarter worth about $26,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Marvell Technology in the 2nd quarter worth about $27,000. Finally, Aberdeen Wealth Management LLC purchased a new position in shares of Marvell Technology in the 2nd quarter worth about $30,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.
Insider Buying and Selling at Marvell Technology
In related news, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the sale, the chief operating officer directly owned 227,941 shares in the company, valued at approximately $41,143,350.50. This represents a 4.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the completion of the transaction, the chief executive officer directly owned 775,686 shares of the company’s stock, valued at approximately $173,280,495.54. This trade represents a 0.96% 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. Insiders have sold 57,285 shares of company stock worth $12,837,063 over the last ninety days. Company insiders own 0.12% of the company’s stock.
Marvell Technology News Roundup
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Marvell’s long-term AI opportunity remains the primary bullish catalyst. Analysts highlighted its custom AI-chip and data-center connectivity businesses, along with management’s ambitious fiscal 2031 revenue target of $70 billion to $90 billion. The stock has gained substantially over the past year, reflecting expectations for continued AI-related growth. “Next Trillion-Dollar Company”: Marvell Has Ripped 185% in a Year. Is It Too Late to Buy?
- Positive Sentiment: Recent product launches focused on data-center connectivity and memory expansion for AI workloads, as well as Marvell’s chip relationship with Alphabet’s Google, reinforce the company’s positioning in the expanding AI semiconductor market. Marvell’s Road to $90B: The 3 Moves Behind the Boldest Target in AI Chips
- Neutral Sentiment: Marvell amended its revolving credit facility to provide up to $3 billion in borrowing capacity, with the possibility of an additional $2 billion. No loans were drawn, so the facility improves financial flexibility but does not immediately add revenue or debt. Marvell lines up $3 billion revolver with no loans drawn
- Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day short-interest ratio. This unusual figure may reflect a reporting or data issue, but it provides no evidence of meaningful short-seller pressure in the available data.
- Negative Sentiment: Valuation remains a key risk after Marvell’s large multiyear advance. Commentators questioned whether earnings can catch up with the optimism already reflected in the share price, particularly as investors assess the company’s rich price-to-earnings multiple. Marvell Stock Still Carries a Rich Price
- Negative Sentiment: Concerns that debt-market funding for AI data centers could be drying up represent a broader risk to Marvell’s growth outlook, although the company was not identified as having funding problems. Is Money for AI Data Centers Drying Up?
Marvell Technology Stock Up 2.3%
Shares of NASDAQ MRVL opened at $233.78 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 debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62. The business’s fifty day moving average price is $243.18 and its 200-day moving average price is $179.49. The stock has a market capitalization of $205.00 billion, a PE ratio of 77.16, a P/E/G ratio of 6.81 and a beta of 2.26.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted 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 return on equity of 13.57% and a net margin of 27.93%. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. During the same quarter in the prior year, the company earned $0.67 EPS. The firm’s quarterly revenue 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. On average, equities research analysts anticipate that Marvell Technology, Inc. will post 3.05 EPS for the current year.
Marvell Technology Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Friday, October 9th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, October 9th. Marvell Technology’s dividend payout ratio (DPR) is currently 7.92%.
Wall Street Analysts Forecast Growth
MRVL has been the subject of several research reports. 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 report on Wednesday, October 7th. KeyCorp reaffirmed an “overweight” rating on shares of Marvell Technology in a research report on Wednesday, October 7th. JPMorgan Chase & Co. boosted their target price on shares of Marvell Technology from $305.00 to $360.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. Roth Capital reiterated a “buy” rating and issued a $350.00 target price on shares of Marvell Technology in a research note on Thursday, August 20th. Finally, HC Wainwright reissued a “buy” rating on shares of Marvell Technology in a research report on Tuesday, August 25th. Three analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $327.36.
Get Our Latest Stock Report on MRVL
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.
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