1,940 Shares of Marvell Technology, Inc. $MRVL Bought by Crumly & Associates Inc.

Crumly & Associates Inc. purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, HoldingsChannel reports. The firm purchased 1,940 shares of the semiconductor company’s stock, valued at approximately $513,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. boosted its position in 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 acquiring an additional 21,798,190 shares during the last quarter. State Street Corp raised its holdings in shares of 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 purchasing an additional 18,495,866 shares during the period. Van ECK Associates Corp grew its stake in shares of Marvell Technology by 11.4% in the 4th quarter. Van ECK Associates Corp now owns 9,864,514 shares of the semiconductor company’s stock valued at $838,286,000 after buying an additional 1,007,315 shares during the period. Bank of America Corp DE acquired a new position in Marvell Technology during the 2nd quarter worth approximately $2,607,795,000. Finally, Bank of New York Mellon Corp grew its stake in Marvell Technology by 153.3% in the second 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 period. Institutional investors and hedge funds 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 raised its FY2028 revenue target to approximately $20 billion, above its previous $18 billion forecast and analyst expectations of roughly $18.2 billion. Management also projected FY2031 revenue of $70 billion to $90 billion, driven by custom AI chips, networking products and accelerating data-center demand. Marvell Technology’s $90 Billion Revenue Goal Puts AI Execution Under a Microscope
• Positive Sentiment: Analysts responded favorably, with RBC raising its price target to $425, Needham to $400 and Susquehanna to $340. The upgrades reflect expectations that hyperscalers will increasingly use customized, power-efficient silicon to support AI infrastructure. Why Marvell Stock Jumped and Why Analysts Raised Their Price Targets
• Neutral Sentiment: The bullish forecasts depend on exceptionally strong execution: reaching the FY2031 midpoint would require roughly 54% annual revenue growth for several years. Marvell is also heavily exposed to data-center customers and hyperscaler capital-spending cycles, increasing sensitivity to project delays or changes in server architecture.
• Negative Sentiment: After gaining more than 200% this year and rallying on the Investor Day announcement, the stock’s decline likely reflects profit-taking and concerns that a premium valuation—near 94 times forward earnings—already discounts much of the AI opportunity. Higher Treasury yields and broader market weakness are adding pressure. Recent insider activity has also consisted primarily of sales, reinforcing caution at elevated prices. Good Reason to Avoid, Warns Top Investor About Marvell Stock

Analyst Ratings Changes

A number of research firms recently weighed in on MRVL. Citigroup upped their target price on shares of Marvell Technology from $225.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 21st. Erste Group Bank lowered shares of Marvell Technology from a “buy” rating to a “hold” rating in a research note on Wednesday, July 15th. Oppenheimer restated an “outperform” rating and issued a $425.00 target price on shares of Marvell Technology in a research note on Wednesday. B. Riley Financial lowered their target price on Marvell Technology from $345.00 to $315.00 and set a “buy” rating on the stock in a research note on Friday, August 28th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $270.00 target price on shares of Marvell Technology in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $320.82.

Insider Activity

In other news, COO Chris Koopmans sold 10,000 shares of Marvell Technology 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 sale, the chief operating officer owned 227,941 shares in the company, valued at $41,143,350.50. The trade was a 4.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Murphy sold 7,500 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $223.39, for a total value of $1,675,425.00. Following the completion of the transaction, the chief executive officer owned 775,686 shares in the company, valued at approximately $173,280,495.54. This represents a 0.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 45,000 shares of company stock valued at $9,904,225. Corporate insiders own 0.12% of the company’s stock.

Marvell Technology Price Performance

Shares of Marvell Technology stock traded down $5.18 during midday trading on Wednesday, reaching $281.83. The company had a trading volume of 14,824,838 shares, compared to its average volume of 27,662,859. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 1-year low of $70.68 and a 1-year high of $329.88. The company has a market capitalization of $247.14 billion, a price-to-earnings ratio of 92.85, a price-to-earnings-growth ratio of 2.62 and a beta of 2.26. The stock has a fifty day simple moving average of $231.21 and a 200 day simple moving average of $207.54.

Marvell Technology (NASDAQ:MRVL) last released 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. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%.The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. During the same quarter in the prior year, the firm posted $0.67 EPS. The business’s 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. As a group, equities research analysts forecast that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Dividend Announcement

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 paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Friday, October 9th. Marvell Technology’s dividend payout ratio (DPR) is currently 7.92%.

Marvell Technology Company Profile

Marvell Technology, Inc (NASDAQ: MRVL) is a fabless semiconductor company that develops technologies for data infrastructure. Its products are used to move, process, store and secure data across cloud data centers, enterprise networks, telecommunications systems, automotive platforms and other communications applications.

The company’s portfolio includes custom application-specific integrated circuits, data processing and networking solutions, Ethernet products, storage controllers, optical and electro-optical components, and connectivity technologies.