Marvell Technology, Inc. $MRVL Shares Newly Acquired by Jackson Square Capital LLC

by · The Cerbat Gem

Jackson Square Capital LLC acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 5,914 shares of the semiconductor company’s stock, valued at approximately $1,563,000.

Other institutional investors have also recently made changes to their positions in the company. BDF Gestion purchased a new stake in shares of Marvell Technology in the third quarter worth $3,445,000. Foguth Wealth Management LLC. bought a new stake in shares of Marvell Technology during the 3rd quarter valued at $298,000. First Bank & Trust purchased a new position in shares of Marvell Technology during the 3rd quarter valued at $2,692,000. FIDELIS iM LLC purchased a new position in shares of Marvell Technology during the 3rd quarter valued at $275,000. Finally, IFP Advisors Inc bought a new position in Marvell Technology in the 3rd quarter worth $16,435,000. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

NASDAQ MRVL traded up $13.10 during trading on Monday, hitting $240.93. 9,982,926 shares of the stock traded hands, compared to its average volume of 27,417,393. The company has a market capitalization of $211.27 billion, a P/E ratio of 79.76, a price-to-earnings-growth ratio of 6.79 and a beta of 2.26. The firm has a 50-day simple moving average of $241.14 and a 200-day simple moving average of $217.01. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 12-month low of $70.68 and a 12-month high of $329.88.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.01. The business had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. During the same period 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, 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 paid a $0.06 dividend. This represents a $0.24 annualized dividend 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 presently 7.92%.

Wall Street Analysts Forecast Growth

MRVL has been the subject of a number of analyst reports. DA Davidson set a $225.00 price target on Marvell Technology in a research note on Tuesday, August 18th. JPMorgan Chase & Co. boosted their target price on shares of Marvell Technology from $305.00 to $360.00 and gave the stock an “overweight” rating in a report on Wednesday, October 7th. KeyCorp reissued an “overweight” rating on shares of Marvell Technology in a report on Wednesday, October 7th. Craig Hallum restated a “buy” rating and set a $380.00 target price on shares of Marvell Technology in a research report on Wednesday, October 7th. Finally, Susquehanna raised their target price on shares of Marvell Technology from $265.00 to $340.00 and gave the company a “positive” rating in a research note on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $327.36.

Check Out Our Latest Stock Report on Marvell Technology

Insider Buying and Selling

In other news, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total value of $1,675,425.00. Following the sale, the chief executive officer owned 775,686 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Justin Scarpulla sold 1,100 shares of the firm’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $273.59, for a total transaction of $300,949.00. Following the completion of the sale, the chief accounting officer owned 909 shares of the company’s stock, valued at $248,693.31. This trade represents a 54.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 57,285 shares of company stock worth $12,837,063 in the last 90 days. Company insiders own 0.12% of the company’s stock.

More Marvell Technology News

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

  • Positive Sentiment: An opinion piece argues that Marvell’s 17% one-week selloff has created an attractive entry point because the company’s underlying AI and data-center fundamentals remain strong. The author is buying ahead of an expected acceleration in demand, helping support the bullish case for MRVL. Marvell Technology Will Heat Up Very Soon and I’m Buying in Advance
  • Positive Sentiment: Marvell remains part of the broader AI-stock rally, with market coverage highlighting the company alongside CoreWeave and SanDisk as beneficiaries of continued data-center investment and AI infrastructure demand. CoreWeave, SanDisk, Marvell, Tesla, SpaceX, and More Stocks That Explain Today’s Market
  • Positive Sentiment: Focus Financial Network disclosed a new 2,640-share position valued at approximately $698,000. While modest relative to Marvell’s market capitalization, the purchase adds to evidence of institutional interest. Focus Financial Network Acquires Marvell Shares
  • Neutral Sentiment: Marvell and Broadcom are competing for the rapidly expanding custom-silicon market, but the companies use different strategies. A potential supply crunch could determine which model wins, creating both an opportunity and execution risk for MRVL. Broadcom vs. Marvell: Custom Silicon Is Going to Get White Hot
  • Negative Sentiment: Only a small minority of analysts are unwilling to recommend Marvell, but the caution reflects concerns after an approximately 81% six-month gain and the stock’s elevated valuation. Insider Matthew Murphy also sold 7,500 shares, contributing to recent selling pressure and investor scrutiny. What Do the 8% of Analysts Who Will Not Buy Marvell See?

About Marvell Technology

(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.

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