Ameritas Advisory Services LLC Grows Stock Holdings in Marvell Technology, Inc. $MRVL

Key Points

• Ameritas Advisory Services increased its Marvell stake by 490.5% in the second quarter, acquiring 21,568 additional shares for a total of 25,965 shares valued at approximately $7.7 million. Institutional investors collectively own 83.51% of MRVL.
• Marvell reported quarterly revenue of $2.74 billion, up 36.5% year over year, and adjusted EPS of $0.94, slightly exceeding analyst expectations. Strong AI and data-center demand, including potential growth in photonics, remains a key driver.
• Analysts maintain a generally bullish outlook, with a consensus rating of “Moderate Buy” and an average price target of $265.76. However, insider selling and Marvell’s elevated valuation and exposure to execution and competition present notable risks.

Ameritas Advisory Services LLC grew its stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) by 490.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,965 shares of the semiconductor company's stock after acquiring an additional 21,568 shares during the quarter. Ameritas Advisory Services LLC's holdings in Marvell Technology were worth $7,735,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of MRVL. Hilton Head Capital Partners LLC lifted its position in Marvell Technology by 978.3% during the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 225 shares during the period. Jessup Wealth Management Inc purchased a new stake in Marvell Technology during the fourth quarter valued at $25,000. Cherry Tree Wealth Management LLC bought a new position in Marvell Technology in the fourth quarter valued at about $26,000. C M Bidwell & Associates Ltd. purchased a new position in Marvell Technology in the second quarter worth about $27,000. Finally, MidFirst Bank purchased a new position in Marvell Technology in the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 83.51% of the company's stock.

More 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

Insider Buying and Selling at Marvell Technology

In other news, CFO Daniel Durn sold 2,250 shares of Marvell Technology stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total value of $632,272.50. Following the completion of the transaction, the chief financial officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Matthew Murphy sold 7,500 shares of the business's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $236.08, for a total value of $1,770,600.00. Following the transaction, the chief executive officer directly owned 783,186 shares in the company, valued at approximately $184,894,550.88. This represents a 0.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 41,981 shares of company stock valued at $9,727,132 over the last quarter. 0.12% of the stock is owned by corporate insiders.

Marvell Technology Stock Performance

Shares of MRVL stock opened at $223.55 on Tuesday. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $196.03 billion, a price-to-earnings ratio of 73.78, a price-to-earnings-growth ratio of 2.17 and a beta of 2.25. Marvell Technology, Inc. has a 12-month low of $62.47 and a 12-month high of $329.88. The stock's 50-day moving average price is $219.15 and its 200-day moving average price is $182.91.

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 analysts' consensus estimates of $0.93 by $0.01. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%.The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.72 billion. During the same period in the prior year, the company earned $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 predict that Marvell Technology, Inc. will post 3.03 EPS for the current fiscal year.

Marvell Technology Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have issued reports on MRVL shares. Wells Fargo & Company boosted their price target on Marvell Technology from $240.00 to $310.00 and gave the company an "overweight" rating in a report on Monday, August 24th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Marvell Technology in a research note on Wednesday, August 19th. Loop Capital raised Marvell Technology to a "strong-buy" rating in a research report on Tuesday, June 16th. DA Davidson set a $225.00 price objective on Marvell Technology in a research note on Tuesday, August 18th. Finally, Evercore reissued an "outperform" rating and issued a $155.00 target price on shares of Marvell Technology in a report on Tuesday, May 19th. Two 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 MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $265.76.

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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