Marvell Technology (NASDAQ:MRVL) Stock Unloaded Rep. Val T. Hoyle

Key Points

• Rep. Val T. Hoyle sold shares of Marvell Technology (NASDAQ: MRVL) worth between $1,001 and $15,000, disclosing the trade on October 10th for a transaction made on September 23rd.
• Marvell Technology reported $0.67 EPS for the quarter with a revenue of $2.01 billion, meeting analysts' expectations and marking a 57.6% year-over-year increase.
• The company announced a quarterly dividend of $0.06 per share, payable on October 30th, alongside a share repurchase program authorizing up to $5.00 billion in stock buybacks, indicating management believes the stock is undervalued.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Marvell Technology, Inc. NASDAQ: MRVL. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marvell Technology stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Marvell Technology Stock Performance

Shares of MRVL opened at $85.61 on Friday. The company has a current ratio of 1.88, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. The stock has a market cap of $73.80 billion, a P/E ratio of -658.54, a PEG ratio of 1.11 and a beta of 1.94. The company has a 50-day moving average of $75.38 and a two-hundred day moving average of $68.77. Marvell Technology, Inc. has a 12-month low of $47.08 and a 12-month high of $127.48.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last announced its earnings results on Thursday, August 28th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.67. The company had revenue of $2.01 billion during the quarter, compared to analysts' expectations of $2.01 billion. Marvell Technology had a negative net margin of 1.43% and a positive return on equity of 11.01%. The firm's quarterly revenue was up 57.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.30 earnings per share. Marvell Technology has set its Q3 2026 guidance at 0.690-0.790 EPS. As a group, research analysts predict that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Friday, October 10th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, October 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. Marvell Technology's payout ratio is presently -184.62%.

Marvell Technology declared that its Board of Directors has initiated a share repurchase program on Wednesday, September 24th that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the semiconductor company to buy up to 7.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

Insider Activity at Marvell Technology

In other Marvell Technology news, EVP Mark Casper sold 3,000 shares of the business's stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $72.35, for a total transaction of $217,050.00. Following the completion of the sale, the executive vice president directly owned 17,163 shares in the company, valued at $1,241,743.05. The trade was a 14.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Chris Koopmans acquired 6,800 shares of the firm's stock in a transaction on Thursday, September 25th. The shares were acquired at an average price of $78.03 per share, with a total value of $530,604.00. Following the completion of the purchase, the chief operating officer owned 104,825 shares of the company's stock, valued at $8,179,494.75. This trade represents a 6.94% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 27,200 shares of company stock valued at $2,109,632 over the last quarter. Company insiders own 0.19% of the company's stock.

Institutional Investors Weigh In On Marvell Technology

A number of institutional investors have recently bought and sold shares of MRVL. Norges Bank purchased a new stake in Marvell Technology in the second quarter valued at approximately $716,713,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in Marvell Technology by 4,758.5% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,036,216 shares of the semiconductor company's stock worth $544,603,000 after buying an additional 6,891,393 shares during the period. Nuveen LLC purchased a new stake in Marvell Technology during the first quarter worth approximately $399,587,000. Goldman Sachs Group Inc. grew its stake in Marvell Technology by 32.3% during the first quarter. Goldman Sachs Group Inc. now owns 20,661,308 shares of the semiconductor company's stock worth $1,272,117,000 after buying an additional 5,050,159 shares during the period. Finally, Amundi grew its stake in Marvell Technology by 113.4% during the second quarter. Amundi now owns 8,648,350 shares of the semiconductor company's stock worth $642,140,000 after buying an additional 4,596,309 shares during the period. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MRVL has been the subject of a number of analyst reports. Cantor Fitzgerald reissued a "neutral" rating and issued a $75.00 price objective on shares of Marvell Technology in a research report on Friday, August 29th. Barclays reissued an "overweight" rating and issued a $80.00 price objective on shares of Marvell Technology in a research report on Friday, August 29th. Evercore ISI cut their price objective on shares of Marvell Technology from $133.00 to $122.00 and set an "outperform" rating for the company in a research report on Friday, August 29th. Wall Street Zen raised shares of Marvell Technology from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Finally, B. Riley reissued a "buy" rating and issued a $115.00 price objective (up previously from $110.00) on shares of Marvell Technology in a research report on Wednesday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $92.33.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

Marvell Technology Company Profile

Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.

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