Howard Capital Management LLC Buys New Stake in Marvell Technology, Inc. $MRVL

Howard Capital Management LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 25,816 shares of the semiconductor company’s stock, valued at approximately $6,821,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. C M Bidwell & Associates Ltd. bought a new stake in shares of Marvell Technology in the second quarter worth $27,000. Aberdeen Wealth Management LLC acquired a new stake in Marvell Technology in the second quarter valued at $30,000. Tompkins Financial Corp acquired a new stake in Marvell Technology in the second quarter valued at $31,000. LifeSteps Financial Inc. bought a new position in Marvell Technology during the 2nd quarter worth $32,000. Finally, Marquette Asset Management LLC bought a new position in Marvell Technology during the 3rd quarter worth $30,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Marvell Technology Trading Down 5.6%

MRVL stock traded down $13.41 during mid-day trading on Friday, reaching $227.83. The company’s stock had a trading volume of 21,358,831 shares, compared to its average volume of 20,265,420. The company has a market cap of $199.78 billion, a price-to-earnings ratio of 75.19, a price-to-earnings-growth ratio of 7.19 and a beta of 2.26. Marvell Technology, Inc. has a 12 month low of $70.68 and a 12 month high of $329.88. The business’s 50 day moving average price is $241.14 and its 200 day moving average price is $216.11. 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 (NASDAQ:MRVL) last released its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. The company had revenue of $2.74 billion for 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, equities research analysts predict that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Friday, October 9th will be issued a dividend of $0.06 per share. The ex-dividend date is Friday, October 9th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio is currently 7.92%.

Insider Activity at Marvell Technology

In other news, CAO Justin Scarpulla sold 1,100 shares of the stock in a transaction dated Thursday, October 8th. The shares were 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Sandeep Bharathi sold 3,685 shares of the firm’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $234.97, for a total value of $865,864.45. Following the completion of the sale, the insider owned 58,748 shares of the company’s stock, valued at approximately $13,804,017.56. This represents a 5.90% decrease in their ownership of the stock. 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 a total of 57,285 shares of company stock worth $12,837,063 over the last three months. 0.12% of the stock is currently owned by company insiders.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell’s recent Investor Day highlighted strong expected demand for custom AI chips, data-center infrastructure and networking silicon. The company raised its long-term sales outlook, supporting the view that it could deliver substantial revenue and earnings growth. Long-term Marvell growth outlook
• Positive Sentiment: Erste Group Bank reportedly increased its earnings-per-share forecast for Marvell, while other analysts remain optimistic about the company’s growth potential in AI and data-center markets. Marvell EPS forecast increase
• Neutral Sentiment: CEO Matthew Murphy sold 7,500 shares, and insider Sandeep Bharathi sold 3,685 shares. Both transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding tied to vested equity awards, reducing their significance as signals about the company’s outlook. Marvell CEO SEC filing Marvell insider SEC filing
• Negative Sentiment: Broadcom CEO Hock Tan’s warning about the amount of capital required to fund AI infrastructure is weighing on custom AI-chip companies, including Marvell. Investors fear that hyperscalers may become more selective with spending or demand better returns, particularly after Marvell’s substantial rally. Broadcom AI funding warning
• Negative Sentiment: Hotter U.S. inflation data and rising interest-rate expectations have triggered a broader technology and semiconductor sell-off. High-growth stocks such as Marvell are particularly vulnerable because their valuation depends heavily on future AI-driven earnings. Marvell market pressure

Wall Street Analyst Weigh In

Several research analysts have commented on MRVL shares. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Marvell Technology in a report on Tuesday, October 6th. Cantor Fitzgerald increased their price target on Marvell Technology from $330.00 to $350.00 and gave the company a “neutral” rating in a research note on Wednesday, October 7th. Erste Group Bank downgraded Marvell Technology from a “buy” rating to a “hold” rating in a research report on Wednesday, July 15th. Barclays restated an “overweight” rating on shares of Marvell Technology in a research report on Thursday, August 20th. Finally, Piper Sandler lifted their price objective on Marvell Technology from $270.00 to $400.00 and gave the stock 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 issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and a consensus price target of $327.36.

Marvell Technology 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.