2,348 Shares in Marvell Technology, Inc. $MRVL Purchased by Cypress Wealth Services LLC

Cypress Wealth Services LLC purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,348 shares of the semiconductor company’s stock, valued at approximately $674,000.

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

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: AI growth opportunities support the bullish case. Analysts and financial commentators highlighted Marvell’s custom AI-chip and data-center connectivity businesses, as well as ambitious revenue targets. Marvell is viewed as a potential beneficiary of AI spending shifting beyond GPUs toward custom accelerators and networking infrastructure. Marvell Stock Is Bouncing Back. 3 Reasons the Bulls Aren’t Backing Down
• Positive Sentiment: New products and customer commitments improve the long-term outlook. The company recently unveiled memory-expansion and 3-nanometer connectivity chips at the OCP summit. Separate coverage pointed to Marvell’s reported six-year, $120 billion agreement with Alphabet as evidence of stronger revenue visibility and accelerating AI-infrastructure demand. Some projections suggest the stock could more than triple by fiscal 2031, though that is a highly speculative scenario. If I Could Only Buy 1 Artificial Intelligence Semiconductor Stock to Buy Before 2027
• Positive Sentiment: Recent trading and fund flows were supportive. Marvell outperformed the broader market in the latest sessions, while one report estimated $116.4 million of net ETF purchases on October 19. Media coverage also identified MRVL as a leading non-Nvidia way to participate in custom AI-chip growth. Marvell Sees $116.4 Million in Net ETF Buying
• Neutral Sentiment: The upcoming dividend provides modest shareholder income. Marvell’s final scheduled dividend of the year is expected late next week, but the payment is unlikely to be a major stock-price catalyst for a company primarily valued on growth.
• Negative Sentiment: Valuation and market risks remain significant. Marvell’s high earnings multiple leaves the stock sensitive to interest rates, inflation data and any disappointment in AI spending or financing. The broader chip-sector sell-off recently pushed MRVL sharply lower, while Goldman data showed hedge funds reducing technology and semiconductor exposure at an unusually rapid pace. Hedge Funds Dumped Tech Stocks at the Fastest Pace in a Decade
• Negative Sentiment: Insider selling adds a minor cautionary signal. Marvell’s CEO sold 7,500 shares in a preplanned transaction, which does not necessarily indicate a change in business outlook but may weigh slightly on sentiment.

Insider Activity

In related news, CAO Justin Scarpulla sold 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $273.59, for a total value of $300,949.00. Following the sale, the chief accounting officer owned 909 shares of the company’s stock, valued at $248,693.31. This trade represents a 54.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $262.05, for a total transaction of $2,620,500.00. Following the completion of the transaction, the chief operating officer owned 207,941 shares of the company’s stock, valued at $54,490,939.05. This represents a 4.59% 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. Insiders sold 57,285 shares of company stock worth $12,837,063 in the last ninety days. 0.12% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on MRVL. Raymond James Financial restated a “strong-buy” rating on shares of Marvell Technology in a research report on Tuesday, October 6th. JPMorgan Chase & Co. increased their price target on Marvell Technology from $305.00 to $360.00 and gave the stock an “overweight” rating in a report on Wednesday, October 7th. Barclays reissued an “overweight” rating on shares of Marvell Technology in a research report on Thursday, August 20th. Wolfe Research raised their price objective on Marvell Technology from $280.00 to $375.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 7th. Finally, Stifel Nicolaus boosted their price objective on shares of Marvell Technology from $350.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. Three analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $327.36.

Marvell Technology Trading Up 1.8%

MRVL opened at $244.76 on Thursday. The business has a fifty day moving average price of $242.82 and a 200 day moving average price of $219.90. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62. Marvell Technology, Inc. has a 12 month low of $70.68 and a 12 month high of $329.88. The stock has a market capitalization of $214.63 billion, a price-to-earnings ratio of 80.78, a PEG ratio of 7.17 and a beta of 2.26.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. The company had revenue of $2.74 billion for 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%. Marvell Technology’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Sell-side analysts expect that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be issued 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%.

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.