N10 Assets LLC Invests $11.48 Million in Marvell Technology, Inc. $MRVL

N10 Assets LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 38,542 shares of the semiconductor company’s stock, valued at approximately $11,481,000. Marvell Technology makes up approximately 5.0% of N10 Assets LLC’s investment portfolio, making the stock its 8th biggest position.

Several other hedge funds also recently modified their holdings of MRVL. Coastal Bridge Advisors LLC bought a new stake in Marvell Technology during the second quarter worth $809,000. Public Employees Retirement System of Ohio bought a new position in Marvell Technology during the 2nd quarter valued at $101,586,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in Marvell Technology during the 2nd quarter worth $1,035,000. Triton Financial Group Inc bought a new stake in shares of Marvell Technology in the 2nd quarter worth $5,740,000. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Marvell Technology in the 2nd quarter worth $917,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

MRVL opened at $241.45 on Friday. Marvell Technology, Inc. has a fifty-two week low of $61.44 and a fifty-two week high of $329.88. The firm has a 50-day moving average of $229.10 and a 200 day moving average of $176.28. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The firm has a market cap of $211.22 billion, a P/E ratio of 82.69, a PEG ratio of 1.53 and a beta of 2.24.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.93 by $0.01. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, research analysts expect that Marvell Technology, Inc. will post 3.07 EPS for the current year.

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Friday, July 10th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology’s payout ratio is 8.22%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. HSBC set a $300.00 price target on shares of Marvell Technology and gave the company a “buy” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $360.00 price objective on shares of Marvell Technology in a research report on Thursday, August 20th. JPMorgan Chase & Co. increased their price objective on shares of Marvell Technology from $135.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Oppenheimer lifted their target price on shares of Marvell Technology from $250.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, August 20th. Finally, HC Wainwright restated a “buy” rating on shares of Marvell Technology in a research note on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus target price of $259.09.

Insider Transactions at Marvell Technology

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the completion of the transaction, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at approximately $41,143,350.50. This represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total value of $667,359.03. Following the completion of the sale, the insider owned 55,530 shares in the company, valued at approximately $16,610,688.90. The trade was a 3.86% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 41,981 shares of company stock worth $9,753,132 in the last ninety days. Company insiders own 0.12% of the company’s stock.

Key Marvell Technology News

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

• Positive Sentiment: Marvell reported adjusted earnings of $0.94 per share, ahead of the approximately $0.92–$0.93 consensus, while revenue reached about $2.74 billion, slightly above estimates. Revenue increased 37% year over year, supported by strong demand for AI infrastructure. Marvell Technology Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Data-center revenue reportedly jumped 46%, highlighting accelerating demand for Marvell’s custom silicon and optical networking products used in AI data centers. The company also raised its full-year and next-year revenue outlooks, reinforcing the long-term AI growth story. Marvell Sees Accelerating Growth as AI Demand Boosts Second-Quarter Profit and Revenue
• Positive Sentiment: Third-quarter fiscal 2027 guidance calls for adjusted EPS of $1.05–$1.15, above the $1.03 consensus, and revenue of $3.0–$3.3 billion. The forecast indicates continued sequential growth in AI-related demand. Marvell Technology Forecasts Quarterly Revenue Above Estimates
• Neutral Sentiment: Investors were focused on visibility into Marvell’s recently announced multibillion-dollar custom-chip agreement with Google, including the timing of revenue contribution and the impact of related warrants. The earnings release did not appear to provide a sufficiently large near-term surprise to reset expectations.
• Negative Sentiment: The earnings beats were narrow, and management’s forecast provided limited upside relative to elevated Wall Street expectations. With MRVL priced for exceptional AI growth, traders treated the results as “good, but not good enough,” prompting a post-earnings selloff. Marvell Is Boosting Its Forecasts, but That’s Not Enough to Lift Its Stock

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.