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Atlatl Advisers LLC acquired a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 17,860 shares of the semiconductor company's stock, valued at approximately $4,719,000. Marvell Technology makes up 1.1% of Atlatl Advisers LLC's holdings, making the stock its 29th biggest holding.

• Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in Marvell Technology by 34.1% during the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company's stock valued at $25,511,649,000 after purchasing an additional 21,798,190 shares during the period. State Street Corp boosted its position in shares of Marvell Technology by 79.3% during the second 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 in the last quarter. Bank of America Corp DE bought a new position in shares of Marvell Technology during the second quarter worth $2,607,795,000. Bank of New York Mellon Corp boosted its position in shares of 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 worth $2,370,604,000 after purchasing an additional 4,815,725 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of Marvell Technology in the 2nd quarter valued at $1,742,526,000. Institutional investors and hedge funds own 83.51% of the company's stock.

Insider Activity

In related news, CAO Justin Scarpulla sold 1,100 shares of the firm's stock in a transaction dated 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 sale, the chief accounting officer directly owned 909 shares in the company, valued at approximately $248,693.31. This trade represents a 54.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Sandeep Bharathi sold 3,685 shares of Marvell Technology stock in a transaction dated 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 of the company's stock, valued at $13,804,017.56. The trade was a 5.90% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 57,285 shares of company stock worth $12,837,063. Insiders own 0.12% of the company's stock.

Analyst Ratings Changes

• Marvell Says Connecting AI Chips Could Be a $37 Billion Business—These 2 Stocks Rallied Too

Several equities research analysts have issued reports on the company. Evercore restated an "outperform" rating and issued a $433.00 price target on shares of Marvell Technology in a report on Tuesday, October 6th. Oppenheimer reiterated an "outperform" rating and set a $425.00 price objective on shares of Marvell Technology in a report on Wednesday, October 7th. Cantor Fitzgerald boosted their price objective on Marvell Technology from $330.00 to $350.00 and gave the company a "neutral" rating in a research report on Wednesday, October 7th. Weiss Ratings raised Marvell Technology from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, October 2nd. Finally, UBS Group increased their target price on Marvell Technology from $335.00 to $350.00 and gave the stock a "buy" rating in a research note on Wednesday, October 7th. Three investment 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 stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $327.36.

Read Our Latest Report on Marvell Technology

Key Headlines Impacting Marvell Technology

• Marvell Technology’s $90 Billion Revenue Goal Puts AI Execution Under a Microscope

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

• Positive Sentiment: Semiconductor shares, including Marvell, are recovering as broader technology stocks regain ground. Investor focus has returned to Marvell’s exposure to custom AI chips, optical connectivity and data-center switching solutions. What Is Going On With Marvell Technology Stock on Friday?
• Positive Sentiment: Marvell expanded its revolving credit facility, providing additional liquidity and financial flexibility as it invests to capture demand for AI infrastructure. The move is supportive of its growth strategy, though it is not an immediate earnings catalyst. Marvell Expands Revolving Credit Facility to Bolster Liquidity
• Positive Sentiment: An analyst raised the firm’s FY2028 earnings-per-share estimate slightly to $6.12 from $6.10, while the reported average price target also increased. These revisions indicate continued confidence in Marvell’s longer-term AI growth prospects, although Erste Group maintained a Hold rating.
• Neutral Sentiment: Marvell’s record AI design wins and multibillion-dollar Google partnership strengthen its growth narrative. However, investors are weighing whether those wins will translate into attractive margins as competition intensifies.
• Negative Sentiment: Taiwanese custom-chip designers and Arm’s ready-made chip blueprints could give hyperscalers lower-cost alternatives, potentially limiting Marvell’s pricing power and margins in custom silicon. Marvell Technology Faces a Multi-Front War Against Taiwan’s Custom Silicon Ecosystem
• Negative Sentiment: Supply-chain bottlenecks and a warning from a semiconductor-equipment supplier recently triggered a sector-wide AI sell-off, highlighting the risk that production constraints could delay Marvell’s growth. The stock also remains volatile and trades at an elevated valuation.

Marvell Technology Stock Performance

MRVL opened at $228.51 on Friday. Marvell Technology, Inc. has a 52-week low of $70.68 and a 52-week high of $329.88. The firm has a market capitalization of $200.38 billion, a PE ratio of 75.42, a PEG ratio of 6.66 and a beta of 2.26. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.62 and a current ratio of 3.17. The business's 50-day simple moving average is $242.98 and its 200 day simple moving average is $220.77.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.01. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The business's quarterly revenue was up 36.5% on a year-over-year basis. During the same quarter in the previous 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 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

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

Marvell Technology Company Profile

(Free Report)

Marvell Technology, Inc NASDAQ: MRVL is a semiconductor company that develops infrastructure solutions for data centers, telecommunications networks, enterprise systems, automotive applications and other connected markets. Its products are designed to support the movement, processing, storage and security of data across complex computing and communications environments.

The company's portfolio includes data-processing and networking processors, custom application-specific integrated circuits, Ethernet switches and controllers, storage controllers, connectivity products, and electro-optics solutions.

Further Reading

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Want to see what other hedge funds are holding MRVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVL - Free Report).

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