Marvell Technology (NASDAQ:MRVL) Stock Purchased Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased between $1,001 and $15,000 of Marvell Technology shares on July 17, according to a congressional disclosure.
• Marvell reported quarterly revenue of $2.74 billion and adjusted EPS of $0.94, both slightly above analyst expectations, with revenue up 36.5% year over year.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $265.76 price target, though Marvell insiders have sold nearly $9.7 million of stock over the past 90 days.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Marvell Technology, Inc. (NASDAQ:MRVL). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Marvell Technology stock on July 17th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Mesabi Trust NYSE: MSB on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of Praxis Precision Medicines NASDAQ: PRAX on 7/30/2026.
• Purchased $15,001 - $50,000 in shares of Alkermes NASDAQ: ALKS on 7/30/2026.
• Sold $15,001 - $50,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 7/30/2026.
• Sold $100,001 - $250,000 in shares of Alibaba Group NYSE: BABA on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Glacier Bancorp NYSE: GBCI on 7/21/2026.
• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 7/21/2026.

Marvell Technology Stock Performance

Shares of MRVL opened at $223.55 on Tuesday. 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 stock has a 50-day moving average of $219.15 and a two-hundred day moving average of $182.91. The stock has a market cap of $196.03 billion, a P/E ratio of 73.78, a P/E/G ratio of 2.17 and a beta of 2.25. Marvell Technology, Inc. has a one year low of $62.47 and a one year high of $329.88.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.01. The business 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 company's revenue was up 36.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, research analysts predict that Marvell Technology, Inc. will post 3.03 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology's payout ratio is currently 7.92%.

Insider Activity at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $203.27, for a total value of $2,032,700.00. Following the completion of the sale, the chief operating officer owned 217,941 shares in the company, valued at approximately $44,300,867.07. This trade represents a 4.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of the business's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total value of $632,272.50. Following the completion of the sale, the chief financial officer directly owned 6,902 shares in the company, valued at approximately $1,939,531.02. The trade was a 24.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 41,981 shares of company stock valued at $9,727,132 over the last 90 days. Insiders own 0.12% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on MRVL. Bank of America upped their price target on shares of Marvell Technology from $240.00 to $365.00 and gave the company a "buy" rating in a report on Tuesday, June 23rd. William Blair reissued an "outperform" rating on shares of Marvell Technology in a report on Thursday, May 28th. Erste Group Bank lowered Marvell Technology from a "buy" rating to a "hold" rating in a report on Wednesday, July 15th. Needham & Company LLC lifted their price target on Marvell Technology from $270.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, August 28th. Finally, BMO Capital Markets began coverage on Marvell Technology in a report on Thursday, August 20th. They issued an "outperform" rating and a $250.00 price target for the company. Two research 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 stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $265.76.

Hedge Funds Weigh In On Marvell Technology

Several institutional investors and hedge funds have recently bought and sold shares of MRVL. Cape ANN Savings Bank lifted its stake in shares of Marvell Technology by 2.3% in the 2nd quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company's stock valued at $669,000 after purchasing an additional 50 shares during the last quarter. Arlington Trust Co LLC raised its holdings in Marvell Technology by 24.1% in 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 during the period. GoalVest Advisory LLC lifted its position in Marvell Technology by 26.0% in the second quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company's stock valued at $94,000 after buying an additional 65 shares during the last quarter. Mayflower Financial Advisors LLC boosted its stake in Marvell Technology by 1.7% during the first 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 increased its position in shares of Marvell Technology by 12.9% during the first quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company's stock valued at $62,000 after acquiring an additional 72 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Key Marvell Technology News

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

• Positive Sentiment: AI and data-center demand remain strong. Marvell’s data-center revenue reportedly rose 46%, reinforcing the company’s position as a supplier of connectivity products used in AI infrastructure. Investors are increasingly looking beyond GPUs toward networking and interconnect companies. Marvell's AI Business Is Booming. Photonics Could Be Next
• Positive Sentiment: Photonics offers a potential next growth engine. Coverage points to a shift in AI data centers from copper connections to faster optical technology, an area where Marvell may benefit from rising bandwidth requirements and expanding AI workloads. Why Marvell Could Be a Winner in the Shift from Copper to Photonics
• Positive Sentiment: Investor enthusiasm is broadening beyond leading AI-chip names. Marvell gained alongside Astera Labs as investors rotated into AI connectivity suppliers, while Nvidia’s move was comparatively modest. This supports the view that AI infrastructure spending could benefit a wider group of semiconductor companies. Nvidia Barely Moved. These 2 AI Connectivity Stocks Jumped More Than 7%
• Neutral Sentiment: Investor Day on October 6 is a near-term catalyst. Analysts and investors may look for new product, growth, or financial targets, but the potential announcements remain speculative until Marvell provides details. Should You Buy Marvell Technology Stock Before Oct. 6?
• Neutral Sentiment: Marvell remains a higher-risk AI investment. Comparisons with Broadcom emphasize Marvell’s attractive growth opportunity but also its greater exposure to execution, competition, and valuation risk. The stock remains below its 52-week high despite its strong rally, suggesting both upside potential and unresolved investor concerns. Broadcom vs. Marvell

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Marvell Technology

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company's product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell's technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.

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