Marvell Technology, Inc. $MRVL Shares Newly Acquired by New York Life Investment Management LLC

Key Points

• New York Life Investment Management opened a new Marvell stake, buying 147,826 shares worth approximately $39.1 million in the third quarter. Institutional investors and hedge funds collectively own 83.51% of the company’s shares.
• Marvell’s latest reported quarter beat analyst estimates, with EPS of $0.94 versus $0.93 expected and revenue of $2.74 billion, up 36.5% year over year.
• Investor sentiment is mixed amid the proposed all-stock Lumentum acquisition: it could strengthen Marvell’s position in AI data-center optics, but deal completion and value remain uncertain.

New York Life Investment Management LLC purchased a new stake in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 147,826 shares of the semiconductor company's stock, valued at approximately $39,057,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MRVL. Cape ANN Savings Bank increased its stake in Marvell Technology by 2.3% during the 2nd quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company's stock worth $669,000 after purchasing an additional 50 shares in the last quarter. Arlington Trust Co LLC boosted its stake in shares of Marvell Technology by 24.1% during the 2nd quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company's stock worth $80,000 after buying an additional 52 shares during the last quarter. GoalVest Advisory LLC grew its stake 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 purchasing an additional 65 shares in the last quarter. Washington Trust Advisors Inc. increased its holdings in Marvell Technology by 88.5% during the third quarter. Washington Trust Advisors Inc. now owns 147 shares of the semiconductor company's stock worth $39,000 after buying an additional 69 shares during the last quarter. Finally, HBW Advisory Services LLC raised its holdings in shares of Marvell Technology by 3.3% in the 2nd quarter. HBW Advisory Services LLC now owns 2,270 shares of the semiconductor company's stock valued at $676,000 after purchasing an additional 73 shares during the period. 83.51% of the stock is owned by institutional investors and hedge funds.

Marvell Technology News Roundup

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

• Positive Sentiment: Some coverage views the selloff as excessive and MRVL as undervalued, pointing to potential upside; B. Riley maintained a Buy rating with a reduced $250 price target. Marvell’s reported 46% data-center growth and strong 2026 share-price gains are cited as reasons investors may see longer-term opportunity. Article: Marvell Stock’s Selloff Is Overdone
• Neutral Sentiment: Commentary is divided on Marvell’s planned all-stock Lumentum acquisition. The deal could expand Marvell’s position in AI data-center optical technology, but its value to Marvell shareholders depends on execution and the companies’ future cash flows. Article: Lumentum and Marvell’s all-stock offer
• Negative Sentiment: Deal uncertainty is a near-term overhang: a report cited merger specialists who put the odds of completing Marvell’s reported $115 billion Lumentum takeover at about 50%. Because the offer is all-stock, MRVL’s decline also reduces the offer’s value. Article: Marvell’s Lumentum Deal Faces 50-50 Odds
• Negative Sentiment: Investor flows and broader risk aversion have added pressure: ETFs were reported to have sold a net $134.4 million of Marvell shares on Nov. 6, while coverage attributes the recent weakness partly to investors exiting AI stocks. Article: ETFs Are Net Sellers of Marvell Technology

Marvell Technology Stock Down 0.1%

MRVL stock opened at $154.39 on Wednesday. The stock's 50 day moving average is $231.92 and its 200-day moving average is $184.95. Marvell Technology, Inc. has a twelve month low of $70.68 and a twelve month high of $329.88. The firm has a market capitalization of $135.38 billion, a PE ratio of 50.95, a P/E/G ratio of 4.62 and a beta of 2.32. 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 issued its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.01. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. During the same period in the prior year, the firm posted $0.67 EPS. The firm's quarterly 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 expect 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%.

Wall Street Analysts Forecast Growth

MRVL has been the subject of a number of research analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and set a $300.00 price objective on shares of Marvell Technology in a research report on Friday, October 30th. Wolfe Research raised their price target on Marvell Technology from $280.00 to $375.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 7th. Morgan Stanley raised their price target 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. Evercore reaffirmed an "outperform" rating and issued a $433.00 target price on shares of Marvell Technology in a report on Tuesday, October 6th. Finally, Erste Group Bank cut shares of Marvell Technology from a "buy" rating to a "hold" rating in a research note on Wednesday, July 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $300.09.

Insiders Place Their Bets

In related news, insider Sandeep Bharathi sold 3,685 shares of the stock in a transaction that occurred 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 completion of the sale, the insider directly 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 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.

Marvell Technology Profile

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.

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