28,760 Shares of Marvell Technology, Inc. $MRVL Acquired by United Capital Management of KS Inc.

Key Points

• United Capital Management of KS acquired 28,760 Marvell shares in the third quarter, worth approximately $7.6 million at the time of the filing.
• Several other institutional investors also opened positions in Marvell during the quarter; institutional investors collectively own 83.51% of the company’s stock.
• Marvell faces investor concern over its reported $115 billion all-stock acquisition of Lumentum, while analysts remain broadly positive: the consensus rating is “Moderate Buy,” despite some recent price-target cuts.

United Capital Management of KS Inc. bought a new position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 28,760 shares of the semiconductor company's stock, valued at approximately $7,599,000.

Other large investors have also added to or reduced their stakes in the company. Alpha Family Trust acquired a new position in Marvell Technology during the 3rd quarter valued at about $243,000. Texas Bank & Trust Co bought a new stake in Marvell Technology during the 3rd quarter worth approximately $470,000. Gryphon Financial Partners LLC bought a new stake in Marvell Technology during the 3rd quarter worth approximately $1,094,000. Vestor Capital LLC bought a new stake in Marvell Technology during the 3rd quarter worth approximately $7,422,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of Marvell Technology in the third quarter worth approximately $1,774,000. Institutional investors own 83.51% of the company's stock.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell shares rose as major market indexes rebounded following last week’s semiconductor losses, offering a near-term lift unrelated to company-specific news. Why Is Marvell Stock Surging on Monday?
• Positive Sentiment: B. Riley cut its price target from $275 to $250 but kept a Buy rating, signaling continued confidence in potential upside despite the reduced forecast. B. Riley analyst rating
• Neutral Sentiment: ETF flows were mixed but tilted toward buying on Nov. 5: 44 funds added Marvell shares while 19 sold. ETFs Bought $13.1 Million of Marvell
• Negative Sentiment: The biggest company-specific concern is Marvell’s reported all-stock acquisition of Lumentum, valued at $115 billion. The deal has intensified selling, with investors wary of the transaction’s scale and its implications as AI stocks face a broader pullback. Reports say Marvell has fallen sharply since the deal news emerged. Marvell Sinks 36%, Lumentum Drops 31% on $115 Billion Deal
• Negative Sentiment: Marvell’s decline also reflects investors exiting AI-related positions. One report notes the shares were about 58% below their June record close as of Nov. 5; past steep declines have sometimes taken years to recover, underscoring the risk that a rebound may not be quick. Marvell Stock Fell 58% From Its Record

Marvell Technology Trading Up 9.5%

Shares of MRVL stock opened at $154.60 on Tuesday. Marvell Technology, Inc. has a 52-week low of $70.68 and a 52-week high of $329.88. 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 company has a 50-day simple moving average of $233.06 and a two-hundred day simple moving average of $184.59. The company has a market capitalization of $135.57 billion, a price-to-earnings ratio of 51.02, a PEG ratio of 4.77 and a beta of 2.32.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last posted its quarterly earnings data 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 firm 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 EPS. The company's revenue for the quarter was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Research analysts anticipate that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Friday, October 9th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, October 9th. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. Marvell Technology's dividend payout ratio is currently 7.92%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Craig Hallum restated a "buy" rating and issued a $380.00 target price on shares of Marvell Technology in a report on Wednesday, October 7th. B. Riley Financial cut their target price on Marvell Technology from $275.00 to $250.00 and set a "buy" rating on the stock in a research report on Monday. Rosenblatt Securities reiterated a "buy" rating and set a $300.00 price target on shares of Marvell Technology in a report on Friday, October 30th. Benchmark reiterated a "buy" rating on shares of Marvell Technology in a report on Monday, August 24th. Finally, Needham & Company LLC lowered their price target on Marvell Technology from $400.00 to $300.00 and set a "buy" rating for the company in a research report on Tuesday, November 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $300.09.

Insiders Place Their Bets

In related news, insider Sandeep Bharathi sold 3,685 shares of Marvell Technology stock in a transaction on Friday, October 16th. The stock was sold at an average price of $234.97, for a total transaction of $865,864.45. Following the sale, the insider directly owned 58,748 shares in the company, valued at approximately $13,804,017.56. This trade represents a 5.90% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $273.59, for a total value of $300,949.00. Following the sale, the chief accounting officer owned 909 shares in the company, valued at $248,693.31. This trade represents a 54.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 57,285 shares of company stock valued at $12,901,763. Insiders own 0.12% of the company's stock.

About Marvell Technology

Marvell Technology is a fabless semiconductor company that develops data infrastructure chips and related technologies. Its products include networking and Ethernet chips, storage controllers, processors, optical and connectivity solutions, and custom silicon used in data centers, carrier networks, enterprise systems, and other applications.

The company's products help move, store, process, and secure data across cloud and telecommunications infrastructure. Marvell serves customers around the world, including equipment makers and technology companies that incorporate its semiconductors into their systems.

Founded in 1995, Marvell grew through product development and acquisitions to build a broad portfolio of infrastructure technologies.

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