Valley Wealth Managers Inc. Acquires 5,091 Shares of Marvell Technology, Inc. $MRVL

10 Oct 2026, 09:38 by Michael Walen · The Markets Daily

Valley Wealth Managers Inc. bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 5,091 shares of the semiconductor company’s stock, valued at approximately $1,345,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. C M Bidwell & Associates Ltd. bought a new stake in shares of Marvell Technology in the second quarter worth about $27,000. Aberdeen Wealth Management LLC bought a new position in shares of Marvell Technology during the 2nd quarter valued at about $30,000. Tompkins Financial Corp acquired a new position in shares of Marvell Technology in the 2nd quarter valued at approximately $31,000. LifeSteps Financial Inc. acquired a new position in shares of Marvell Technology in the 2nd quarter valued at approximately $32,000. Finally, Cetera Trust Company N.A bought a new stake in Marvell Technology during the 2nd quarter worth approximately $37,000. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology Price Performance

Marvell Technology stock opened at $275.28 on Friday. The company has a market capitalization of $241.39 billion, a price-to-earnings ratio of 90.85, a PEG ratio of 8.19 and a beta of 2.26. 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, Inc. has a 12 month low of $70.68 and a 12 month high of $329.88. The stock’s 50 day moving average is $237.21 and its 200-day moving average is $210.69.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released 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 business had revenue of $2.74 billion during 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 firm’s revenue for the quarter was up 36.5% compared to the same quarter last year. During the same period last year, the firm posted $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Equities research analysts expect that Marvell Technology, Inc. will post 3.05 EPS 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 dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio (DPR) is currently 7.92%.

Wall Street Analyst Weigh In

MRVL has been the topic of a number of research reports. Cantor Fitzgerald lifted their price target on shares of Marvell Technology from $330.00 to $350.00 and gave the company a “neutral” rating in a research note on Wednesday. Jefferies Financial Group boosted their price objective on shares of Marvell Technology from $325.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday. Needham & Company LLC increased their target price on Marvell Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday. Seaport Research Partners began coverage on Marvell Technology in a report on Tuesday, September 22nd. They issued a “buy” rating and a $270.00 price target on the stock. Finally, Rosenblatt Securities upped their price objective on Marvell Technology from $240.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $320.82.

Check Out Our Latest Report on MRVL

Marvell Technology News Roundup

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

Positive Sentiment: Marvell raised its fiscal 2031 revenue target to approximately $70 billion to $90 billion, compared with a fiscal 2026 base of $8.2 billion. Management also outlined a $20 billion 2028 revenue target, reinforcing expectations for strong demand for custom AI chips, networking products and data-center connectivity. Marvell Technology Lifts 2031 Revenue Goal
Positive Sentiment: The company estimates that connecting AI chips could become a roughly $37 billion business, improving the long-term growth case for its electro-optics, networking and custom silicon offerings. The forecast also lifted sentiment toward related AI infrastructure companies. Marvell Says Connecting AI Chips Could Be a $37 Billion Business
Positive Sentiment: Barclays maintained a Buy rating, while reports also cited favorable views or price-target increases from JPMorgan, RBC, Susquehanna, Cantor Fitzgerald and Bank of America. This analyst support is helping sustain momentum after the investor-day presentation. Barclays Keeps Their Buy Rating on Marvell
Neutral Sentiment: Marvell plans to showcase a broad portfolio of open AI infrastructure solutions at the OCP Global Summit, providing potential product and customer visibility but no immediate change to earnings guidance. Marvell to Showcase Open AI Infrastructure Solutions
Negative Sentiment: Some analysts warn that the stock’s substantial multiyear rally has already priced in significant AI success. At roughly 24 times forward earnings, valuation may look reasonable relative to the growth targets, but it remains exposed to execution risk, customer concentration and any slowdown in AI data-center spending. Marvell Stock Could Be Below Fair Value
Negative Sentiment: Higher Treasury yields and oil prices recently pressured high-growth technology shares, contributing to volatility in MRVL despite its favorable company-specific outlook. What’s Going On With Marvell Technology Stock

Insider Transactions at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $262.05, for a total transaction of $2,620,500.00. Following the transaction, the chief operating officer directly owned 207,941 shares of the company’s stock, valued at approximately $54,490,939.05. This trade represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology 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. Over the last 90 days, insiders sold 46,100 shares of company stock valued at $10,205,174. 0.12% of the stock is currently owned by corporate insiders.

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.