Cypress Asset Management Inc. TX Acquires 5,830 Shares of Marvell Technology, Inc. $MRVL

by · The Markets Daily

Cypress Asset Management Inc. TX bought a new position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 5,830 shares of the semiconductor company’s stock, valued at approximately $1,540,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Hilton Head Capital Partners LLC increased its stake in Marvell Technology by 978.3% in the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares in the last quarter. C M Bidwell & Associates Ltd. bought a new stake in Marvell Technology during the 2nd quarter valued at approximately $27,000. MidFirst Bank purchased a new position in Marvell Technology in the 4th quarter worth approximately $28,000. Aberdeen Wealth Management LLC bought a new position in Marvell Technology in the 2nd quarter worth approximately $30,000. Finally, Pittenger & Anderson Inc. boosted its stake in Marvell Technology by 61.5% in the 1st quarter. Pittenger & Anderson Inc. now owns 315 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 120 shares during the period. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at approximately $41,143,350.50. The trade was a 4.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the transaction, the chief executive officer owned 775,686 shares in the company, valued at $173,280,495.54. The trade was a 0.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 45,000 shares of company stock valued at $9,904,225 over the last ninety days. 0.12% of the stock is owned by insiders.

Trending Headlines about Marvell Technology

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

  • Positive Sentiment: At its investor day, Marvell raised its fiscal 2031 revenue target to $70 billion-$90 billion, implying annual growth of at least 54% from current levels. Management estimates that connecting AI chips and data centers could become a roughly $37.5 billion annual business. Marvell Says Connecting AI Chips Could Be a $37 Billion Business
  • Positive Sentiment: Wall Street responded by raising price targets: JPMorgan moved to $360, Bank of America to $400, and RBC to $425, while Susquehanna, Needham, and Cantor Fitzgerald also increased their targets. Analysts cited Marvell’s custom-chip opportunity, AI networking demand, and stronger-than-expected long-term growth framework. Marvell price target raised by Bank of America
  • Positive Sentiment: Marvell plans to showcase its open AI infrastructure solutions at the OCP Global Summit, reinforcing its positioning in custom silicon, connectivity, and data-center infrastructure. The broader AI buildout remains the core catalyst behind the stock’s substantial 12-month advance. Marvell to Showcase Open AI Infrastructure Solutions
  • Neutral Sentiment: The bullish thesis depends on Marvell converting ambitious forecasts into orders and earnings. Analysts and investors are evaluating whether its economic moat is widening through proprietary custom chips and connectivity products or narrowing as hyperscalers develop more solutions internally. Marvell’s Economic Moat
  • Negative Sentiment: Shares have decreased in the latest session as investors took profits after the rally and broader technology stocks faced pressure from rising Treasury yields and higher oil prices. With a P/E near 91 and a beta above 2, MRVL has limited room for disappointing execution. Skeptics also warn that the $70 billion-$90 billion outlook assumes exceptionally rapid growth and continued dependence on hyperscaler AI spending. Why Marvell Fell More Than the Broader Market

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Susquehanna boosted their target price on shares of Marvell Technology from $265.00 to $340.00 and gave the stock a “positive” rating in a report on Wednesday. KeyCorp reiterated an “overweight” rating on shares of Marvell Technology in a report on Wednesday. Raymond James Financial reiterated a “strong-buy” rating on shares of Marvell Technology in a research note on Tuesday. Evercore restated an “outperform” rating and set a $433.00 price objective on shares of Marvell Technology in a research report on Tuesday. Finally, UBS Group lifted their target price on Marvell Technology from $335.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $320.82.

Read Our Latest Analysis on MRVL

Marvell Technology Stock Performance

Marvell Technology stock opened at $274.66 on Friday. The company’s 50-day moving average price is $235.46 and its 200-day moving average price is $210.23. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. The company has a market cap of $240.85 billion, a PE ratio of 90.65, a price-to-earnings-growth ratio of 2.75 and a beta of 2.26. Marvell Technology, Inc. has a twelve month low of $70.68 and a twelve month high of $329.88.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its quarterly 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 return on equity of 13.57% and a net margin of 27.93%.The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same quarter last year, the business posted $0.67 earnings per share. The firm’s revenue 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, equities research analysts forecast that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

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

Marvell Technology Company Profile

(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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