39,964 Shares in Marvell Technology, Inc. $MRVL Purchased by Counterpoint Mutual Funds LLC

Key Points

• Counterpoint Mutual Funds purchased 39,964 Marvell shares worth approximately $10.6 million, while institutional investors collectively own 83.51% of the company.
• Marvell’s latest quarterly results exceeded expectations, with $0.94 EPS and $2.74 billion in revenue, up 36.5% year over year. The company also issued quarterly guidance of $1.05–$1.15 EPS.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and a $327.36 target price, although the stock’s elevated valuation and recent semiconductor-sector pressure create downside risks.

Counterpoint Mutual Funds LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 39,964 shares of the semiconductor company's stock, valued at approximately $10,559,000. Marvell Technology makes up about 0.9% of Counterpoint Mutual Funds LLC's investment portfolio, making the stock its 14th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Focused Wealth Management Inc bought a new position in Marvell Technology in the first quarter valued at $608,000. Swedbank AB boosted its holdings in shares of Marvell Technology by 2.8% in the 1st quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company's stock valued at $315,925,000 after buying an additional 85,816 shares during the last quarter. Merit Financial Group LLC increased its holdings in Marvell Technology by 22.9% during the second quarter. Merit Financial Group LLC now owns 27,079 shares of the semiconductor company's stock worth $8,067,000 after buying an additional 5,047 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Marvell Technology by 49.7% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company's stock valued at $27,105,000 after purchasing an additional 90,800 shares during the period. Finally, Swiss National Bank lifted its stake in Marvell Technology by 5.4% in the 1st quarter. Swiss National Bank now owns 2,489,003 shares of the semiconductor company's stock valued at $246,536,000 after purchasing an additional 126,600 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company's stock.

Marvell Technology Price Performance

Shares of NASDAQ:MRVL opened at $227.83 on Friday. The firm's fifty day moving average is $241.14 and its 200-day moving average is $216.11. Marvell Technology, Inc. has a 52 week low of $70.68 and a 52 week high of $329.88. The firm has a market cap of $199.78 billion, a PE ratio of 75.19, a price-to-earnings-growth ratio of 6.79 and a beta of 2.26. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.62 and a current ratio of 3.17.

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 (EPS) for the quarter, topping 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 earned $0.67 EPS. The company's revenue was up 36.5% compared to the same quarter last year. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Sell-side analysts predict that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Announces Dividend

The business also recently disclosed 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 of this dividend is Friday, October 9th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology's dividend payout ratio (DPR) is 7.92%.

Analyst Ratings Changes

A number of equities analysts have commented on MRVL shares. Benchmark reaffirmed a "buy" rating on shares of Marvell Technology in a research report on Monday, August 24th. Rosenblatt Securities boosted their price objective on shares of Marvell Technology from $240.00 to $300.00 and gave the company a "buy" rating in a report on Tuesday, August 25th. Bank of America lifted their price target on shares of Marvell Technology from $240.00 to $365.00 and gave the company a "buy" rating in a research report on Tuesday, June 23rd. BMO Capital Markets reaffirmed a "market perform" rating and issued a $325.00 price objective on shares of Marvell Technology in a report on Wednesday, October 7th. Finally, Royal Bank Of Canada raised their target price on shares of Marvell Technology from $360.00 to $425.00 and gave the company an "outperform" rating in a report on Wednesday, October 7th. Two equities research 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.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $327.36.

Insider Activity at Marvell Technology

In related news, insider Sandeep Bharathi sold 3,685 shares of the firm's stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $234.97, for a total value of $865,864.45. Following the transaction, the insider owned 58,748 shares of the company's stock, valued at approximately $13,804,017.56. This trade represents a 5.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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, CAO Justin Scarpulla sold 1,100 shares of the firm's stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $273.59, for a total value of $300,949.00. Following the completion of the transaction, the chief accounting officer owned 909 shares in the company, valued at $248,693.31. This represents a 54.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 57,285 shares of company stock worth $12,837,063 over the last three months. 0.12% of the stock is currently owned by company insiders.

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 Profile

Marvell Technology, Inc NASDAQ: MRVL is a semiconductor company that develops infrastructure solutions for data centers, telecommunications networks, enterprise systems, automotive applications and other connected markets. Its products are designed to support the movement, processing, storage and security of data across complex computing and communications environments.

The company's portfolio includes data-processing and networking processors, custom application-specific integrated circuits, Ethernet switches and controllers, storage controllers, connectivity products, and electro-optics solutions.

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