38,542 Shares in Marvell Technology, Inc. $MRVL Acquired by N10 Assets LLC

N10 Assets LLC bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 38,542 shares of the semiconductor company’s stock, valued at approximately $11,481,000. Marvell Technology accounts for about 5.0% of N10 Assets LLC’s portfolio, making the stock its 8th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Intech Investment Management LLC grew its position in shares of Marvell Technology by 3.9% in the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company’s stock valued at $1,772,000 after purchasing an additional 1,085 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in Marvell Technology by 22.7% during the 2nd quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company’s stock worth $1,348,000 after purchasing an additional 3,221 shares in the last quarter. Flow Traders U.S. LLC bought a new position in Marvell Technology in the 2nd quarter worth about $354,000. Treasurer of the State of North Carolina grew its holdings in Marvell Technology by 3.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company’s stock valued at $31,256,000 after buying an additional 11,572 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in Marvell Technology by 1.0% during the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company’s stock valued at $31,855,000 after buying an additional 4,060 shares in the last quarter. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell reported adjusted earnings of $0.94 per share, ahead of the approximately $0.92–$0.93 consensus, while revenue reached about $2.74 billion, slightly above estimates. Revenue increased 37% year over year, supported by strong demand for AI infrastructure. Marvell Technology Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Data-center revenue reportedly jumped 46%, highlighting accelerating demand for Marvell’s custom silicon and optical networking products used in AI data centers. The company also raised its full-year and next-year revenue outlooks, reinforcing the long-term AI growth story. Marvell Sees Accelerating Growth as AI Demand Boosts Second-Quarter Profit and Revenue
• Positive Sentiment: Third-quarter fiscal 2027 guidance calls for adjusted EPS of $1.05–$1.15, above the $1.03 consensus, and revenue of $3.0–$3.3 billion. The forecast indicates continued sequential growth in AI-related demand. Marvell Technology Forecasts Quarterly Revenue Above Estimates
• Neutral Sentiment: Investors were focused on visibility into Marvell’s recently announced multibillion-dollar custom-chip agreement with Google, including the timing of revenue contribution and the impact of related warrants. The earnings release did not appear to provide a sufficiently large near-term surprise to reset expectations.
• Negative Sentiment: The earnings beats were narrow, and management’s forecast provided limited upside relative to elevated Wall Street expectations. With MRVL priced for exceptional AI growth, traders treated the results as “good, but not good enough,” prompting a post-earnings selloff. Marvell Is Boosting Its Forecasts, but That’s Not Enough to Lift Its Stock

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MRVL. Royal Bank Of Canada reissued an “outperform” rating and issued a $360.00 price target on shares of Marvell Technology in a report on Thursday, August 20th. Cantor Fitzgerald upped their target price on shares of Marvell Technology from $220.00 to $300.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Stifel Nicolaus increased their target price on shares of Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Needham & Company LLC raised their price target on shares of Marvell Technology from $118.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Erste Group Bank lowered shares of Marvell Technology from a “buy” rating to a “hold” rating in a research report on Wednesday, July 15th. Three analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $259.09.

Insider Activity at Marvell Technology

In related news, insider Sandeep Bharathi sold 2,231 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total value of $667,359.03. Following the completion of the transaction, the insider directly owned 55,530 shares in the company, valued at approximately $16,610,688.90. The trade was a 3.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Chris Koopmans sold 10,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 41,981 shares of company stock valued at $9,753,132 over the last ninety days. 0.12% of the stock is currently owned by insiders.

Marvell Technology Stock Down 1.5%

Shares of NASDAQ MRVL opened at $241.45 on Friday. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. The business has a 50-day moving average of $229.10 and a 200-day moving average of $176.28. The firm has a market capitalization of $211.22 billion, a price-to-earnings ratio of 82.69, a PEG ratio of 1.53 and a beta of 2.24. Marvell Technology, Inc. has a 12 month low of $61.44 and a 12 month high of $329.88.

Marvell Technology (NASDAQ:MRVL) last announced its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. During the same period last year, the firm posted $0.67 earnings per share. Marvell Technology’s quarterly revenue was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Sell-side analysts expect that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

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

Marvell Technology Profile

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.