125,059 Shares in Marvell Technology, Inc. $MRVL Bought by Calamos Advisors LLC

Calamos Advisors LLC purchased a new position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the third quarter, HoldingsChannel reports. The fund purchased 125,059 shares of the semiconductor company’s stock, valued at approximately $33,042,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Investment Research & Advisory Group Inc. acquired a new position in Marvell Technology during the 3rd quarter worth $25,000. Sawyer & Company Inc acquired a new stake in shares of Marvell Technology in the 3rd quarter valued at about $26,000. Sunrise Financial Services LLC acquired a new stake in shares of Marvell Technology in the 3rd quarter valued at about $26,000. WPG Advisers LLC bought a new position in shares of Marvell Technology during the third quarter worth about $26,000. Finally, REAP Financial Group LLC bought a new position in shares of Marvell Technology during the third quarter worth about $26,000. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology Stock Performance

MRVL stock traded up $7.65 during midday trading on Friday, reaching $141.20. The company had a trading volume of 33,436,101 shares, compared to its average volume of 25,429,988. The firm has a market capitalization of $123.82 billion, a PE ratio of 46.60, a P/E/G ratio of 5.11 and a beta of 2.32. The stock has a 50 day moving average price of $234.31 and a 200 day moving average price of $184.23. Marvell Technology, Inc. has a fifty-two week low of $70.68 and a fifty-two week high of $329.88. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. The business had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The business’s quarterly revenue was up 36.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Friday, October 9th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, October 9th. Marvell Technology’s dividend payout ratio is presently 7.92%.

Key Stories Impacting Marvell Technology

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

  • Positive Sentiment: Investors rotated back into beaten-down AI chip stocks, helping Marvell recover. Coverage characterized the move as a rebound after the recent tech-sector rout. What’s Going On With Marvell Technology Stock Friday?
  • Positive Sentiment: Marvell’s AI networking business is benefiting from demand for data-center connectivity. Separately, Zacks Research modestly raised several longer-term EPS forecasts, supporting the growth outlook. MRVL’s Networking Business Grows on the Back of AI
  • Neutral Sentiment: The proposed all-stock acquisition of Lumentum would add optical technology for AI data centers, potentially addressing a key connectivity bottleneck. The strategic opportunity is substantial, but investors are weighing it against its cost and execution risks. Marvell Is Betting $115 Billion on 1 of AI’s Biggest Bottlenecks
  • Negative Sentiment: The Lumentum deal has fueled concerns about shareholder dilution and whether Marvell is paying too much. Because it is an all-stock offer, its value moves with Marvell’s share price; closing is not expected until the first half of 2028 and requires regulatory approval. Marvell’s Lumentum Offer and Deal Risks
  • Negative Sentiment: Broader uncertainty over AI regulation and possible data-center construction restrictions is weighing on the sector, since slower infrastructure buildouts could temper demand for Marvell’s networking products. Why Marvell Stock Is Falling Today

Wall Street Analyst Weigh In

Several analysts recently weighed in on MRVL shares. Stifel Nicolaus boosted their price objective on Marvell Technology from $350.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. William Blair reaffirmed an “outperform” rating on shares of Marvell Technology in a report on Monday. The Goldman Sachs Group reiterated a “neutral” rating and issued a $270.00 target price on shares of Marvell Technology in a research report on Wednesday, October 7th. Arete Research upgraded Marvell Technology to a “strong-buy” rating in a research report on Friday, October 16th. Finally, Roth Capital reissued a “buy” rating and set a $350.00 price target on shares of Marvell Technology in a research report on Thursday, August 20th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average target price of $300.85.

Check Out Our Latest Research Report on Marvell Technology

Insider Buying and Selling

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $186.97, for a total value of $1,869,700.00. Following the sale, the chief operating officer directly owned 202,800 shares in the company, valued at approximately $37,917,516. This trade represents a 4.70% decrease in their ownership of the stock. The transaction was disclosed in a 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, insider Sandeep Bharathi sold 3,685 shares of the business’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $234.97, for a total transaction of $865,864.45. Following the transaction, the insider directly owned 58,748 shares of the company’s stock, valued at approximately $13,804,017.56. This trade represents a 5.90% 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. Insiders sold 57,285 shares of company stock valued at $12,901,763 over the last three months. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Company Profile

(Free Report)

Marvell Technology is a fabless semiconductor company that develops data infrastructure chips and related technologies. Its products include networking and Ethernet chips, storage controllers, processors, optical and connectivity solutions, and custom silicon used in data centers, carrier networks, enterprise systems, and other applications.

The company’s products help move, store, process, and secure data across cloud and telecommunications infrastructure. Marvell serves customers around the world, including equipment makers and technology companies that incorporate its semiconductors into their systems.

Founded in 1995, Marvell grew through product development and acquisitions to build a broad portfolio of infrastructure technologies.

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Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

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