Lodestone Wealth Management LLC Acquires 3,702 Shares of Marvell Technology, Inc. $MRVL

Lodestone Wealth Management LLC acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 3,702 shares of the semiconductor company’s stock, valued at approximately $978,000.

Several other large investors also recently modified their holdings of MRVL. Hilton Head Capital Partners LLC boosted its holdings in shares of Marvell Technology by 978.3% during the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares during the period. C M Bidwell & Associates Ltd. bought a new position in Marvell Technology in the 2nd quarter valued at about $27,000. MidFirst Bank bought a new position in Marvell Technology in the 4th quarter valued at about $28,000. Aberdeen Wealth Management LLC acquired a new stake in Marvell Technology during the second quarter worth approximately $30,000. Finally, Marquette Asset Management LLC acquired a new stake in Marvell Technology during the third quarter worth approximately $30,000. 83.51% of the stock is owned by institutional investors.

More Marvell Technology News

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

• Positive Sentiment: Marvell raised its fiscal 2028 revenue target to approximately $20 billion, above Wall Street’s roughly $18.2 billion consensus, and outlined a potential fiscal 2031 revenue opportunity of $70 billion to $90 billion. The outlook is being driven by AI connectivity, optical products and custom silicon, with management targeting 44%-46% operating margins and free-cash-flow margins above 36% by fiscal 2031. Marvell: A Strong Buy With a $90 Billion Opportunity
• Positive Sentiment: Analysts highlighted a potentially significant custom-chip program, including Microsoft’s Maia 300 AI effort. Custom silicon revenue has not yet fully appeared in Marvell’s financial results, creating a possible future growth catalyst for the data-center business. Marvell Stock Is on a Bad Run but Microsoft’s New AI Chips Can Revive It
• Positive Sentiment: The company expanded its connectivity portfolio with a 3.2T protocol-aware retimer and a second-generation 1.6T active electrical-cable DSP, products designed for higher bandwidth and power efficiency in AI data centers. Marvell also introduced six-channel CXL 3.2 memory expanders for AI inference. Marvell Bolsters Connectivity Portfolio
• Positive Sentiment: Erste Group raised its fiscal 2028 EPS estimate to $6.10 from $5.38, while several articles noted that analysts remain favorable toward Marvell’s AI and networking prospects. Erste Group Raises Marvell EPS Estimate
• Neutral Sentiment: Marvell and Microsoft, along with Oracle, formed an Open Compute Project working group to standardize security hardware for hyperscale data centers. The announcement may support Marvell’s ecosystem position but does not provide immediate financial guidance. Marvell, Microsoft and Oracle Establish OCP Working Group
• Negative Sentiment: Short-term pressure reflects profit-taking after Marvell’s sharp year-to-date advance, broader selling in AI chip stocks and reports of insider selling. With a high valuation, investors appear to be demanding substantial execution against the newly increased forecasts. Marvell Stock Price Down After Insider Selling

Insiders Place Their Bets

In other news, CEO Matthew Murphy sold 7,500 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the completion of the transaction, the chief executive officer directly 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 sale was disclosed in a 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. Also, CAO Justin Scarpulla sold 1,100 shares of the stock in a transaction 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 completion of the transaction, the chief accounting officer owned 909 shares of the company’s stock, valued at $248,693.31. The trade was a 54.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 46,100 shares of company stock valued at $10,205,174. 0.12% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on MRVL shares. Erste Group Bank cut Marvell Technology from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Royal Bank Of Canada increased their target price on Marvell Technology from $360.00 to $425.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 7th. Loop Capital raised Marvell Technology to a “strong-buy” rating in a report on Tuesday, June 16th. Susquehanna lifted their price target on Marvell Technology from $265.00 to $340.00 and gave the stock a “positive” rating in a report on Wednesday, October 7th. Finally, Wells Fargo & Company boosted their price target on Marvell Technology from $310.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $320.82.

Marvell Technology Price Performance

Shares of NASDAQ:MRVL traded down $17.20 during midday trading on Wednesday, hitting $251.53. The stock had a trading volume of 10,630,021 shares, compared to its average volume of 27,475,402. Marvell Technology, Inc. has a fifty-two week low of $70.68 and a fifty-two week high of $329.88. The company has a market capitalization of $220.57 billion, a P/E ratio of 82.96, a price-to-earnings-growth ratio of 7.92 and a beta of 2.26. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average price is $239.66 and its 200-day moving average price is $213.96.

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

Marvell Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders 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 payout ratio is presently 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.