13,175 Shares in Marvell Technology, Inc. $MRVL Acquired by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. purchased a new position in Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,175 shares of the semiconductor company’s stock, valued at approximately $3,480,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. raised its position in shares of Marvell Technology by 34.1% during the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock valued at $25,511,649,000 after buying an additional 21,798,190 shares during the last quarter. State Street Corp grew its stake in Marvell Technology by 79.3% during the second quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock valued at $12,462,011,000 after acquiring an additional 18,495,866 shares in the last quarter. Bank of America Corp DE bought a new stake in Marvell Technology in the 2nd quarter valued at $2,607,795,000. Bank of New York Mellon Corp increased its holdings in Marvell Technology by 153.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 7,957,985 shares of the semiconductor company’s stock valued at $2,370,604,000 after acquiring an additional 4,815,725 shares during the last quarter. Finally, Legal & General Group Plc bought a new stake in Marvell Technology in the 2nd quarter valued at $1,742,526,000. 83.51% of the stock is currently owned by institutional investors.

Key Stories Impacting Marvell Technology

These are some of the MRVL stories that stood out recently:

• Positive Sentiment: Marvell plans to showcase connectivity products for AI and high-performance computing at Supercomputing 2026, including photonics, CXL memory connectivity, 800G and 1.6T cables, and Teralynx switching silicon. The products target growing data-center connectivity needs, though the event is upcoming. Read More.
• Positive Sentiment: Three new independent directors expand Marvell’s board from seven members to ten, bringing additional technology, finance, and operating experience as the company prepares for a major optical-networking deal. Read More.
• Neutral Sentiment: Investors have upcoming catalysts in the SC26 showcase and Marvell’s Dec. 1 earnings report. The company’s AI infrastructure opportunity is attracting attention, but recent coverage also flags competitive risks and uncertainty about how quickly potential growth opportunities will translate into results. Read More.

Insider Activity

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $186.97, for a total transaction of $1,869,700.00. Following the completion of the transaction, the chief operating officer directly owned 202,800 shares of the company’s stock, valued at approximately $37,917,516. The trade was a 4.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction dated 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 transaction, the chief executive officer directly owned 775,686 shares of the company’s stock, valued at approximately $173,280,495.54. This 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. Over the last three months, insiders have sold 57,285 shares of company stock worth $12,901,763. 0.12% of the stock is currently owned by insiders.

Marvell Technology Trading Down 4.7%

Shares of NASDAQ:MRVL traded down $7.69 during trading on Friday, reaching $156.76. The company’s stock had a trading volume of 23,635,159 shares, compared to its average volume of 30,097,846. The stock has a market capitalization of $137.46 billion, a PE ratio of 51.74, a price-to-earnings-growth ratio of 4.91 and a beta of 2.32. Marvell Technology, Inc. has a 12 month low of $70.68 and a 12 month high of $329.88. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. The firm’s 50 day simple moving average is $229.21 and its two-hundred day simple moving average is $186.17.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data 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. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. During the same period last year, the company earned $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, research analysts predict that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have commented on MRVL. Seaport Research Partners began coverage on shares of Marvell Technology in a report on Tuesday, September 22nd. They set a “buy” rating and a $270.00 price objective for the company. Jefferies Financial Group lifted their target price on Marvell Technology from $325.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. 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. Stifel Nicolaus lifted their price objective on Marvell Technology from $350.00 to $370.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. Finally, UBS Group reaffirmed a “buy” rating on shares of Marvell Technology in a report on Tuesday, November 3rd. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $300.09.

Marvell Technology Company Profile

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.