Marvell Technology (NASDAQ:MRVL) COO Sells $2,620,500.00 in Stock

Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report) COO Chris Koopmans sold 10,000 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $262.05, for a total value of $2,620,500.00. Following the completion of the transaction, the chief operating officer owned 207,941 shares in the company, valued at approximately $54,490,939.05. This represents a 4.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chris Koopmans also recently made the following trade(s):

  • On Tuesday, September 1st, Chris Koopmans sold 10,000 shares of Marvell Technology stock. The shares were sold at an average price of $203.27, for a total transaction of $2,032,700.00.
  • On Monday, August 3rd, Chris Koopmans sold 10,000 shares of Marvell Technology stock. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00.

Marvell Technology Stock Up 1.5%

Shares of Marvell Technology stock traded up $3.87 during trading hours on Thursday, reaching $268.08. The company’s stock had a trading volume of 17,845,334 shares, compared to its average volume of 16,885,340. The company has a market capitalization of $235.08 billion, a P/E ratio of 88.48, a P/E/G ratio of 2.55 and a beta of 2.26. The stock’s fifty day simple moving average is $225.75 and its two-hundred day simple moving average is $203.60. Marvell Technology, Inc. has a one year low of $70.68 and a one year high of $329.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.62 and a current ratio of 3.17.

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

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Friday, October 9th will be issued a $0.06 dividend. 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%.

Institutional Investors Weigh In On Marvell Technology

A number of hedge funds have recently modified their holdings of the stock. Cape ANN Savings Bank increased its stake in shares of Marvell Technology by 2.3% in the second quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock worth $669,000 after purchasing an additional 50 shares in the last quarter. Arlington Trust Co LLC lifted its stake in shares of Marvell Technology by 24.1% during the 2nd quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock valued at $80,000 after buying an additional 52 shares in the last quarter. GoalVest Advisory LLC lifted its stake in shares of Marvell Technology by 26.0% during the 2nd quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock valued at $94,000 after buying an additional 65 shares in the last quarter. Mayflower Financial Advisors LLC boosted its holdings in Marvell Technology by 1.7% in the 1st quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock worth $407,000 after buying an additional 68 shares during the period. Finally, Bell Investment Advisors Inc boosted its holdings in Marvell Technology by 12.9% in the 1st quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock worth $62,000 after buying an additional 72 shares during the period. Institutional investors own 83.51% of the company’s stock.

Analyst Upgrades and Downgrades

MRVL has been the subject of a number of recent analyst reports. The Goldman Sachs Group set a $220.00 price objective on shares of Marvell Technology in a research report on Friday, August 28th. HC Wainwright reissued a “buy” rating on shares of Marvell Technology in a research report on Tuesday, August 25th. Craig Hallum boosted their target price on Marvell Technology from $217.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Marvell Technology in a report on Wednesday, August 19th. Finally, Citigroup increased their price target on Marvell Technology from $225.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $272.00.

View Our Latest Stock Analysis on MRVL

Key Headlines Impacting Marvell Technology

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

  • Positive Sentiment: Marvell recently reported record revenue and raised its outlook, supporting the view that demand for its data-center products remains strong. Analysts are also broadly bullish on MRVL and view pullbacks as potential buying opportunities. Buy Any Marvell Technology Pullbacks When They Happen
  • Positive Sentiment: Marvell’s data-center business is benefiting from AI infrastructure investment, and the company generated 79% of fiscal second-quarter 2027 revenue from that market. Strong expected earnings growth could make the shares’ high valuation more manageable if demand continues. What Is The True Hidden Price Of Marvell Stock?
  • Neutral Sentiment: MRVL has significantly outperformed the broader market and other major chip stocks, prompting comparisons with Broadcom. Upcoming results, additional guidance and AI infrastructure spending trends are likely to determine whether the stock’s gap from its highs narrows or widens. Better AI Chip Stock to Buy Today: Broadcom vs. Marvell
  • Negative Sentiment: Investors are questioning whether AI demand can sustain Marvell’s elevated valuation, which is roughly 80–86 times earnings. A report that OpenAI halted training of its latest models contributed to weakness across AI-related stocks and raised concerns about a potential slowdown in data-center spending. Is Marvell Stock Ready For A Slowdown In AI Demand?
  • Negative Sentiment: Because Marvell is increasingly viewed primarily as an AI data-center company, any deceleration in that market could have an outsized effect on revenue expectations and the stock. The shares’ large prior advance also leaves them vulnerable to profit-taking and multiple compression. What Changed In Marvell’s Story?

Marvell Technology Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Marvell Technology (NASDAQ:MRVL)

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