70,424 Shares of Marvell Technology, Inc. $MRVL Acquired by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC purchased a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 70,424 shares of the semiconductor company’s stock, valued at approximately $18,607,000. Marvell Technology makes up about 4.4% of Bouvel Investment Partners LLC’s investment portfolio, making the stock its biggest position.

Other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in shares of Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock worth $25,511,649,000 after buying an additional 21,798,190 shares in the last quarter. State Street Corp increased its stake in Marvell Technology by 79.3% in the 2nd 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 last quarter. Bank of America Corp DE purchased a new position in shares of Marvell Technology in the second quarter valued at $2,607,795,000. Bank of New York Mellon Corp raised 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 valued at $2,370,604,000 after purchasing an additional 4,815,725 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in shares of Marvell Technology in the 2nd quarter worth $1,742,526,000. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

NASDAQ MRVL traded up $2.87 on Tuesday, hitting $268.73. The company had a trading volume of 18,343,685 shares, compared to its average volume of 27,563,473. The company has a market capitalization of $235.65 billion, a PE ratio of 88.69, a PEG ratio of 8.21 and a beta of 2.26. The company’s fifty day moving average price is $238.65 and its 200-day moving average price is $212.76. 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.

Marvell Technology (NASDAQ:MRVL) last posted its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.01. The company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The firm’s quarterly revenue was up 36.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, analysts predict that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders 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 dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, October 9th. Marvell Technology’s dividend payout ratio (DPR) is 7.92%.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Majorly higher long-term outlook: Marvell raised its fiscal 2028 revenue target to $20 billion, including $18 billion from data-center operations. Management expects AI connectivity, optics and custom silicon to drive growth, while targeting 44%–46% operating margins by fiscal 2031 and free-cash-flow margins above 36%. Marvell: A Strong Buy With a $90 Billion Opportunity
• Positive Sentiment: AI product momentum: Marvell introduced its second-generation Structera X CXL 3.2 memory expanders, designed to increase memory capacity and performance for AI inference systems. It also launched a 3.2T protocol-aware retimer and a second-generation 1.6T active electrical-cable DSP, addressing rising bandwidth requirements in AI clusters. Marvell Unveils Second-generation Structera X
• Positive Sentiment: Potential hyperscaler upside: Microsoft’s Maia 300 AI-chip program could support future Marvell custom-silicon and networking demand. A new collaboration with Microsoft and Oracle to standardize data-center hardware security also strengthens Marvell’s position with cloud customers. Marvell Stock Is on a Bad Run but Microsoft’s New AI Chips Can Revive It
• Neutral Sentiment: Analyst support: Several recent reports characterize MRVL as a leading AI-infrastructure opportunity, and Wall Street upgrades cite its networking, security and custom-chip exposure. The bullish case centers on a potential $90 billion opportunity, but much of that upside depends on execution and future customer ramps. Wall Street Upgrades AI Stocks
• Negative Sentiment: Valuation and profit-taking risks: MRVL has risen more than 200% in 2026 and trades at a high earnings multiple, prompting questions about whether future growth is already priced in. Shares recently weakened despite new product launches as investors reduced exposure across AI-chip stocks. Marvell Is Up 214% in 2026
• Negative Sentiment: Sector pressure and insider selling: Broader weakness in Nvidia, Broadcom and other AI semiconductors has weighed on MRVL, while a recent sale of approximately $301,000 in stock by Marvell’s chief accounting officer adds a minor sentiment headwind. Why AI Chip Stocks Extended Losses

Analysts Set New Price Targets

MRVL has been the subject of several recent analyst reports. Susquehanna lifted their price objective on shares of Marvell Technology from $265.00 to $340.00 and gave the stock a “positive” rating in a research note on Wednesday, October 7th. Benchmark reaffirmed a “buy” rating on shares of Marvell Technology in a research report on Monday, August 24th. Loop Capital upgraded shares of Marvell Technology to a “strong-buy” rating in a report on Tuesday, June 16th. Roth Capital reissued a “buy” rating and issued a $350.00 price objective on shares of Marvell Technology in a research note on Thursday, August 20th. Finally, Rosenblatt Securities lifted their price objective on Marvell Technology from $240.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, August 25th. Two research 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. According to data from MarketBeat.com, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average price target of $320.82.

Insider Activity at Marvell Technology

In other Marvell Technology news, CAO Justin Scarpulla sold 1,100 shares of the stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $273.59, for a total transaction of $300,949.00. Following the transaction, the chief accounting officer owned 909 shares of the company’s stock, valued at $248,693.31. This represents a 54.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, COO Chris Koopmans sold 10,000 shares of the company’s 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 transaction, the chief operating officer directly owned 207,941 shares of the company’s stock, valued at $54,490,939.05. This trade represents a 4.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 46,100 shares of company stock valued at $10,205,174. 0.12% of the stock is owned by corporate insiders.

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.