Hager Investment Management Services LLC Makes New Investment in Marvell Technology, Inc. $MRVL

Hager Investment Management Services LLC acquired a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 29,039 shares of the semiconductor company’s stock, valued at approximately $7,672,000. Marvell Technology accounts for 3.6% of Hager Investment Management Services LLC’s portfolio, making the stock its 6th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in shares of Marvell Technology by 34.1% during the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock worth $25,511,649,000 after purchasing an additional 21,798,190 shares in the last quarter. State Street Corp raised its position in shares of Marvell Technology by 79.3% during the 2nd quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock worth $12,462,011,000 after purchasing an additional 18,495,866 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Marvell Technology during the 2nd quarter worth about $2,607,795,000. Bank of New York Mellon Corp lifted its stake in Marvell Technology by 153.3% in the 2nd 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 buying an additional 4,815,725 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in Marvell Technology in the 2nd quarter valued at about $1,742,526,000. 83.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $235.47, for a total transaction of $1,766,025.00. Following the transaction, the chief executive officer owned 768,186 shares in the company, valued at approximately $180,884,757.42. This trade represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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, insider Sandeep Bharathi sold 3,685 shares of Marvell Technology stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $234.97, for a total value of $865,864.45. Following the transaction, the insider owned 58,748 shares in the company, valued at approximately $13,804,017.56. The trade was a 5.90% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 57,285 shares of company stock valued at $12,901,763 over the last ninety days. 0.12% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on MRVL shares. Wells Fargo & Company lowered their price objective on Marvell Technology from $365.00 to $285.00 and set an “overweight” rating on the stock in a report on Tuesday, November 3rd. Royal Bank Of Canada reduced their target price on Marvell Technology from $425.00 to $250.00 and set an “outperform” rating for the company in a report on Tuesday, November 3rd. Barclays restated an “overweight” rating on shares of Marvell Technology in a research report on Thursday, August 20th. Jefferies Financial Group boosted their price target on Marvell Technology from $325.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Finally, DA Davidson set a $225.00 price objective on Marvell Technology in a research note on Tuesday, August 18th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $300.85.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Investors rotated back into beaten-down AI chip stocks, helping Marvell recover. Coverage characterized the move as a rebound after the recent tech-sector rout. What’s Going On With Marvell Technology Stock Friday?
• Positive Sentiment: Marvell’s AI networking business is benefiting from demand for data-center connectivity. Separately, Zacks Research modestly raised several longer-term EPS forecasts, supporting the growth outlook. MRVL’s Networking Business Grows on the Back of AI
• Neutral Sentiment: The proposed all-stock acquisition of Lumentum would add optical technology for AI data centers, potentially addressing a key connectivity bottleneck. The strategic opportunity is substantial, but investors are weighing it against its cost and execution risks. Marvell Is Betting $115 Billion on 1 of AI’s Biggest Bottlenecks
• Negative Sentiment: The Lumentum deal has fueled concerns about shareholder dilution and whether Marvell is paying too much. Because it is an all-stock offer, its value moves with Marvell’s share price; closing is not expected until the first half of 2028 and requires regulatory approval. Marvell’s Lumentum Offer and Deal Risks
• Negative Sentiment: Broader uncertainty over AI regulation and possible data-center construction restrictions is weighing on the sector, since slower infrastructure buildouts could temper demand for Marvell’s networking products. Why Marvell Stock Is Falling Today

Marvell Technology Stock Performance

MRVL opened at $141.20 on Monday. Marvell Technology, Inc. has a twelve month low of $70.68 and a twelve month high of $329.88. The firm has a market capitalization of $123.82 billion, a PE ratio of 46.60, a PEG ratio of 4.22 and a beta of 2.32. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average price is $234.31 and its 200 day moving average price is $184.23.

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

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Friday, October 9th were given a $0.06 dividend. The ex-dividend date was Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. Marvell Technology’s dividend payout ratio is 7.92%.

About Marvell Technology

Marvell Technology is a fabless semiconductor company that develops data infrastructure chips and related technologies. Its products include networking and Ethernet chips, storage controllers, processors, optical and connectivity solutions, and custom silicon used in data centers, carrier networks, enterprise systems, and other applications.

The company’s products help move, store, process, and secure data across cloud and telecommunications infrastructure. Marvell serves customers around the world, including equipment makers and technology companies that incorporate its semiconductors into their systems.

Founded in 1995, Marvell grew through product development and acquisitions to build a broad portfolio of infrastructure technologies.