Marvell Technology, Inc. $MRVL Shares Newly Purchased by Cypress Asset Management Inc. TX

Key Points

• Cypress Asset Management acquired 5,830 Marvell Technology shares worth approximately $1.54 million in the third quarter, joining several other institutions that initiated positions. Institutional investors now own 83.51% of MRVL.
• Marvell reported quarterly revenue of $2.74 billion and EPS of $0.94, exceeding analyst estimates, while revenue increased 36.5% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $320.82.
• The stock opened at $274.66 after falling 3.5%; its high valuation, including a P/E ratio near 91, leaves limited room for execution disappointments despite bullish AI and data-center growth projections.

Cypress Asset Management Inc. TX acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 5,830 shares of the semiconductor company's stock, valued at approximately $1,540,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Breakwater Capital Group purchased a new stake in Marvell Technology during the 3rd quarter valued at about $2,235,000. Legacy Wealth Asset Management LLC purchased a new position in Marvell Technology in the 3rd quarter worth approximately $1,276,000. Mn Services Vermogensbeheer B.V. purchased a new position in Marvell Technology in the 3rd quarter worth approximately $66,743,000. Green Ridge Wealth Planning LLC bought a new stake in Marvell Technology in the third quarter valued at approximately $231,000. Finally, GAMMA Investing LLC bought a new position in shares of Marvell Technology in the third quarter worth approximately $5,005,000. Institutional investors own 83.51% of the company's stock.

Marvell Technology Trading Down 3.5%

NASDAQ:MRVL opened at $274.66 on Friday. The stock has a market cap of $240.85 billion, a price-to-earnings ratio of 90.65, a PEG ratio of 2.75 and a beta of 2.26. 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 company's 50 day moving average price is $235.46 and its 200-day moving average price is $210.23. Marvell Technology, Inc. has a 52 week low of $70.68 and a 52 week high of $329.88.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.01. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%.Marvell Technology's revenue was up 36.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, equities research analysts forecast that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Friday, October 9th will be issued 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 of this dividend is Friday, October 9th. Marvell Technology's dividend payout ratio is presently 7.92%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on MRVL shares. DA Davidson set a $225.00 price target on shares of Marvell Technology in a research report on Tuesday, August 18th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $270.00 price objective on shares of Marvell Technology in a report on Wednesday. Craig Hallum reissued a "buy" rating and set a $380.00 price objective on shares of Marvell Technology in a research report on Wednesday. Piper Sandler boosted their price objective on shares of Marvell Technology from $270.00 to $400.00 and gave the stock an "overweight" rating in a research note on Wednesday. Finally, Raymond James Financial restated a "strong-buy" rating on shares of Marvell Technology in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $320.82.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: At its investor day, Marvell raised its fiscal 2031 revenue target to $70 billion-$90 billion, implying annual growth of at least 54% from current levels. Management estimates that connecting AI chips and data centers could become a roughly $37.5 billion annual business. Marvell Says Connecting AI Chips Could Be a $37 Billion Business
• Positive Sentiment: Wall Street responded by raising price targets: JPMorgan moved to $360, Bank of America to $400, and RBC to $425, while Susquehanna, Needham, and Cantor Fitzgerald also increased their targets. Analysts cited Marvell’s custom-chip opportunity, AI networking demand, and stronger-than-expected long-term growth framework. Marvell price target raised by Bank of America
• Positive Sentiment: Marvell plans to showcase its open AI infrastructure solutions at the OCP Global Summit, reinforcing its positioning in custom silicon, connectivity, and data-center infrastructure. The broader AI buildout remains the core catalyst behind the stock’s substantial 12-month advance. Marvell to Showcase Open AI Infrastructure Solutions
• Neutral Sentiment: The bullish thesis depends on Marvell converting ambitious forecasts into orders and earnings. Analysts and investors are evaluating whether its economic moat is widening through proprietary custom chips and connectivity products or narrowing as hyperscalers develop more solutions internally. Marvell’s Economic Moat
• Negative Sentiment: Shares have decreased in the latest session as investors took profits after the rally and broader technology stocks faced pressure from rising Treasury yields and higher oil prices. With a P/E near 91 and a beta above 2, MRVL has limited room for disappointing execution. Skeptics also warn that the $70 billion-$90 billion outlook assumes exceptionally rapid growth and continued dependence on hyperscaler AI spending. Why Marvell Fell More Than the Broader Market

Insiders Place Their Bets

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the sale, the chief operating officer owned 227,941 shares of the company's stock, valued at $41,143,350.50. The trade was a 4.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Murphy sold 7,500 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total value of $1,675,425.00. Following the completion of the transaction, the chief executive officer directly owned 775,686 shares in the company, valued at approximately $173,280,495.54. This represents a 0.96% 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. Over the last 90 days, insiders sold 45,000 shares of company stock worth $9,904,225. Company 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.

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