196,274 Shares of Marvell Technology, Inc. $MRVL Bought by Annex Advisory Services LLC

Annex Advisory Services LLC acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 196,274 shares of the semiconductor company's stock, valued at approximately $51,857,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Capital Wealth Advisors acquired a new position in Marvell Technology during the third quarter worth $3,866,000. TB Alternative Assets Ltd. purchased a new stake in Marvell Technology during the third quarter worth about $30,685,000. Farrell Financial LLC purchased a new stake in Marvell Technology during the third quarter worth about $264,000. Cornerstone Enterprises LLC acquired a new stake in shares of Marvell Technology during the third quarter worth about $1,638,000. Finally, Paragon Capital Management Inc. acquired a new stake in shares of Marvell Technology during the third quarter worth about $3,115,000. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Marvell Technology

In related news, insider Sandeep Bharathi sold 3,685 shares of the company's 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 completion of the sale, the insider directly owned 58,748 shares of the company's stock, valued at $13,804,017.56. This represents a 5.90% decrease in their position. The sale was disclosed in a document filed 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Matthew Murphy sold 7,500 shares of the company's stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $235.47, for a total value of $1,766,025.00. Following the completion of the sale, the chief executive officer directly owned 768,186 shares of the company's stock, valued at approximately $180,884,757.42. This trade represents a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders sold a total of 57,285 shares of company stock valued at $12,837,063 over the last quarter. Company insiders own 0.12% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MRVL. Morgan Stanley raised their price objective on shares of Marvell Technology from $268.00 to $300.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 7th. Barclays reaffirmed an "overweight" rating on shares of Marvell Technology in a research note on Thursday, August 20th. Royal Bank Of Canada increased their target price on shares of Marvell Technology from $360.00 to $425.00 and gave the stock an "outperform" rating in a report on Wednesday, October 7th. Weiss Ratings upgraded shares of Marvell Technology from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, October 2nd. Finally, DA Davidson set a $225.00 price target on shares of Marvell Technology in a research report on Tuesday, August 18th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Marvell Technology currently has a consensus rating of "Moderate Buy" and an average target price of $327.36.

More Marvell Technology News

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

• Positive Sentiment: Marvell’s recent Investor Day highlighted strong expected demand for custom AI chips, data-center infrastructure and networking silicon. The company raised its long-term sales outlook, supporting the view that it could deliver substantial revenue and earnings growth. Long-term Marvell growth outlook
• Positive Sentiment: Erste Group Bank reportedly increased its earnings-per-share forecast for Marvell, while other analysts remain optimistic about the company’s growth potential in AI and data-center markets. Marvell EPS forecast increase
• Neutral Sentiment: CEO Matthew Murphy sold 7,500 shares, and insider Sandeep Bharathi sold 3,685 shares. Both transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding tied to vested equity awards, reducing their significance as signals about the company’s outlook. Marvell CEO SEC filing Marvell insider SEC filing
• Negative Sentiment: Broadcom CEO Hock Tan’s warning about the amount of capital required to fund AI infrastructure is weighing on custom AI-chip companies, including Marvell. Investors fear that hyperscalers may become more selective with spending or demand better returns, particularly after Marvell’s substantial rally. Broadcom AI funding warning
• Negative Sentiment: Hotter U.S. inflation data and rising interest-rate expectations have triggered a broader technology and semiconductor sell-off. High-growth stocks such as Marvell are particularly vulnerable because their valuation depends heavily on future AI-driven earnings. Marvell market pressure

Marvell Technology Price Performance

MRVL stock opened at $227.83 on Friday. The business has a 50 day moving average price of $241.14 and a 200 day moving average price of $216.11. The stock has a market cap of $199.78 billion, a price-to-earnings ratio of 75.19, a PEG ratio of 7.19 and a beta of 2.26. Marvell Technology, Inc. has a fifty-two week low of $70.68 and a fifty-two week high of $329.88. 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 (NASDAQ:MRVL - Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. During the same period in the prior year, the firm 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. Equities research analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal 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 given a dividend of $0.06 per share. The ex-dividend date is Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology's payout ratio is 7.92%.

Marvell Technology Profile

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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