Marvell Technology, Inc. $MRVL Shares Newly Acquired by Ulland Investment Advisors LLC

Key Points

• Ulland Investment Advisors acquired 7,450 Marvell shares worth approximately $1.97 million, making MRVL 1.4% of its portfolio and its 19th-largest holding. Institutional investors collectively own 83.51% of the company.
• Marvell reported quarterly EPS of $0.94 and revenue of $2.74 billion, beating estimates, while revenue increased 36.5% year over year. The company also declared a quarterly dividend of $0.06 per share.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $320.82, though MRVL’s elevated valuation—an approximately 88.7 P/E ratio—and recent insider selling may increase downside risk.

Ulland Investment Advisors LLC acquired a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 7,450 shares of the semiconductor company's stock, valued at approximately $1,968,000. Marvell Technology makes up 1.4% of Ulland Investment Advisors LLC's holdings, making the stock its 19th largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of MRVL. BlackRock Inc. boosted its holdings in shares of Marvell Technology by 34.1% during the 2nd quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company's stock worth $25,511,649,000 after purchasing an additional 21,798,190 shares during the last quarter. State Street Corp increased its position in shares of Marvell Technology by 79.3% during the 2nd quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company's stock worth $12,462,011,000 after purchasing an additional 18,495,866 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Marvell Technology during the second quarter valued at about $2,607,795,000. Bank of New York Mellon Corp boosted its position in shares of Marvell Technology by 153.3% during the second quarter. Bank of New York Mellon Corp now owns 7,957,985 shares of the semiconductor company's stock worth $2,370,604,000 after buying an additional 4,815,725 shares during the period. Finally, Legal & General Group Plc purchased a new position in shares of Marvell Technology in the second quarter valued at approximately $1,742,526,000. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology Trading Up 1.1%

NASDAQ:MRVL opened at $268.73 on Wednesday. Marvell Technology, Inc. has a 52-week low of $70.68 and a 52-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. The stock has a fifty day simple moving average of $239.66 and a 200-day simple moving average of $213.96. The company has a market capitalization of $235.65 billion, a PE ratio of 88.69, a price-to-earnings-growth ratio of 7.92 and a beta of 2.26.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its quarterly earnings data 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 net margin of 27.93% and a return on equity of 13.57%. The firm had revenue of $2.74 billion for the quarter, compared to analysts' expectations of $2.72 billion. During the same period in the prior year, the company earned $0.67 EPS. 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. On average, equities research analysts expect that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Friday, October 9th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, October 9th. Marvell Technology's dividend payout ratio is 7.92%.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell raised its fiscal 2028 revenue target to approximately $20 billion, above the $18.2 billion consensus estimate, and projected fiscal 2031 revenue of $70 billion to $90 billion. The company expects AI-driven connectivity, optics and custom silicon to drive data-center revenue toward $18 billion by fiscal 2028. Marvell: A Strong Buy With a $90 Billion Opportunity
• Positive Sentiment: Management also outlined ambitious profitability goals, including a 44%–46% operating margin and free-cash-flow margins above 36% by fiscal 2031. The targets reinforce the bullish view that Marvell can convert AI infrastructure demand into substantial earnings and cash flow growth. Marvell Raises Its 2028 Revenue Target to $20 Billion
• Positive Sentiment: New product announcements support the growth narrative. Marvell introduced second-generation Structera X CXL 3.2 memory expanders for AI inference and new 3.2T retimer and 1.6T active electrical-cable DSP products aimed at higher-bandwidth, lower-power data centers. Marvell Unveils Second-generation Structera X
• Positive Sentiment: A collaboration with Microsoft and Oracle through the Open Compute Project will pursue standardized hardware security for hyperscale data centers. Continued work with major cloud providers, including Microsoft’s Maia 300 program, could strengthen Marvell’s custom-chip and connectivity opportunities. Marvell, Microsoft and Oracle Establish OCP Working Group
• Neutral Sentiment: Analysts and financial commentators remain broadly bullish, but Marvell has already risen more than 200% in 2026. The debate is increasingly whether the company can deliver enough growth to justify its premium valuation rather than whether demand exists.
• Negative Sentiment: MRVL has recently been pressured by a broader AI-chip selloff and profit-taking despite the positive announcements. With a high earnings multiple and elevated volatility, investors may continue locking in gains if execution or industry sentiment softens. Marvell Stock Falls Despite Structera X Launch
• Negative Sentiment: A Marvell chief accounting officer sold approximately $301,000 of company stock, adding a minor insider-selling signal amid heightened valuation concerns.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on MRVL shares. KeyCorp restated an "overweight" rating on shares of Marvell Technology in a research note on Wednesday, October 7th. Roth Capital restated a "buy" rating and set a $350.00 price target on shares of Marvell Technology in a research note on Thursday, August 20th. Wells Fargo & Company lifted their price objective on shares of Marvell Technology from $310.00 to $365.00 and gave the company an "overweight" rating in a research note on Wednesday, October 7th. Seaport Research Partners initiated coverage on Marvell Technology in a research note on Tuesday, September 22nd. They set a "buy" rating and a $270.00 price target for the company. Finally, Wolfe Research increased their price target on shares of Marvell Technology from $280.00 to $375.00 and gave the stock an "outperform" rating in a report on Wednesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $320.82.

Insider Buying and Selling at Marvell Technology

In other news, CAO Justin Scarpulla sold 1,100 shares of the 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 sale, the chief accounting officer directly owned 909 shares in the company, valued at $248,693.31. This represents a 54.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Chris Koopmans sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $262.05, for a total transaction of $2,620,500.00. Following the transaction, the chief operating officer directly owned 207,941 shares of the company's stock, valued at approximately $54,490,939.05. This trade represents a 4.59% decrease in their ownership of the stock. 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 46,100 shares of company stock valued at $10,205,174 over the last quarter. Corporate insiders own 0.12% of the company's stock.

Marvell Technology Company 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.

Want to see what other hedge funds are holding MRVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.