1,278,184 Shares in Marvell Technology, Inc. $MRVL Acquired by Jupiter Topco LLC

Jupiter Topco LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,278,184 shares of the semiconductor company’s stock, valued at approximately $380,720,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new stake in shares of Marvell Technology in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC boosted its holdings in shares of Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares during the period. Jessup Wealth Management Inc acquired a new position in Marvell Technology in the 4th quarter valued at $25,000. Cherry Tree Wealth Management LLC acquired a new position in Marvell Technology in the 4th quarter valued at $26,000. Finally, C M Bidwell & Associates Ltd. bought a new position in Marvell Technology in the 2nd quarter worth $27,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Transactions at Marvell Technology

In other Marvell Technology news, CFO Daniel Durn sold 2,250 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total value of $632,272.50. Following the completion of the sale, the chief financial officer owned 6,902 shares in the company, valued at approximately $1,939,531.02. This trade represents a 24.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total value of $667,359.03. Following the sale, the insider directly owned 55,530 shares in the company, valued at $16,610,688.90. The trade was a 3.86% 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 have sold a total of 41,981 shares of company stock worth $9,753,132 over the last 90 days. Insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MRVL. Wells Fargo & Company upped their price target on shares of Marvell Technology from $240.00 to $310.00 and gave the company an “overweight” rating in a report on Monday. Citigroup lifted their price objective on Marvell Technology from $225.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday. KeyCorp boosted their price objective on Marvell Technology from $385.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. TD Cowen restated a “hold” rating and set a $225.00 target price (up from $200.00) on shares of Marvell Technology in a research note on Tuesday, August 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Marvell Technology in a report on Wednesday, June 24th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus target price of $258.42.

Marvell Technology Stock Performance

NASDAQ MRVL opened at $240.38 on Wednesday. The company’s fifty day moving average is $231.37 and its two-hundred day moving average is $173.94. Marvell Technology, Inc. has a 52-week low of $61.44 and a 52-week high of $329.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. The firm has a market capitalization of $210.28 billion, a price-to-earnings ratio of 82.32, a P/E/G ratio of 1.43 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the prior year, the business earned $0.62 earnings per share. The firm’s revenue for the quarter was up 27.6% on a year-over-year basis. Equities research analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 annualized dividend and a yield of 0.1%. Marvell Technology’s dividend payout ratio is 8.22%.

More Marvell Technology News

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

• Positive Sentiment: Google custom-chip agreement boosts AI expectations. Articles highlighted Marvell’s reported agreement with Google, including approximately $12.19 billion in share warrants, as evidence that the company is gaining traction as a hyperscaler custom-AI-chip partner. The deal could improve customer diversification and provide growth tied to future Google TPU deployments. Marvell Is Partnering With Google to Create Custom Chips
• Positive Sentiment: Analysts raised targets ahead of earnings. Susquehanna lifted its price target from $230 to $265 with a positive rating, while Rosenblatt raised its target from $240 to $300 and retained a buy rating. Wells Fargo has also reportedly set a $310 target, reflecting expectations for continued AI networking and data-center growth. Susquehanna Raises Marvell Target
• Positive Sentiment: Strong results and guidance are anticipated. Wall Street expects roughly $0.93 in adjusted EPS on $2.7 billion of revenue for fiscal Q2 2027. Investors are also speculating that Marvell could raise its outlook again, following previous guidance increases and ongoing demand for custom chips, networking products, and data-center infrastructure. Marvell AI-Fueled Rally Preview
• Neutral Sentiment: Earnings volatility is likely to remain high. Options traders are pricing in an unusually large move around the August 27 report, making the earnings release and management’s commentary on the Google partnership particularly important for near-term direction. Marvell Options Traders Expect a Large Earnings Move
• Negative Sentiment: Valuation and execution risks remain. Analysts cautioned that MRVL’s sharp 2026 rally has left the stock priced for strong execution. Competition in custom silicon and networking, the need for Google deal details, and potential dilution from the warrants could limit gains if results or guidance disappoint. Marvell Stock Has Run Ahead of Fundamentals

About Marvell Technology

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.