1,940 Shares in Marvell Technology, Inc. $MRVL Bought by Crumly & Associates Inc.

Crumly & Associates Inc. acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,940 shares of the semiconductor company’s stock, valued at approximately $513,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in shares of Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock worth $25,511,649,000 after buying an additional 21,798,190 shares during the period. State Street Corp boosted its stake 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 valued at $12,462,011,000 after buying an additional 18,495,866 shares during the period. Van ECK Associates Corp raised its holdings in shares of Marvell Technology by 11.4% during the fourth quarter. Van ECK Associates Corp now owns 9,864,514 shares of the semiconductor company’s stock worth $838,286,000 after acquiring an additional 1,007,315 shares in the last quarter. Bank of America Corp DE purchased a new position in Marvell Technology in the second quarter valued at about $2,607,795,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Marvell Technology by 153.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,957,985 shares of the semiconductor company’s stock valued at $2,370,604,000 after buying an additional 4,815,725 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology News Summary

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

• Positive Sentiment: Marvell raised its FY2028 revenue target to approximately $20 billion, above its previous $18 billion forecast and analyst expectations of roughly $18.2 billion. Management also projected FY2031 revenue of $70 billion to $90 billion, driven by custom AI chips, networking products and accelerating data-center demand. Marvell Technology’s $90 Billion Revenue Goal Puts AI Execution Under a Microscope
• Positive Sentiment: Analysts responded favorably, with RBC raising its price target to $425, Needham to $400 and Susquehanna to $340. The upgrades reflect expectations that hyperscalers will increasingly use customized, power-efficient silicon to support AI infrastructure. Why Marvell Stock Jumped and Why Analysts Raised Their Price Targets
• Neutral Sentiment: The bullish forecasts depend on exceptionally strong execution: reaching the FY2031 midpoint would require roughly 54% annual revenue growth for several years. Marvell is also heavily exposed to data-center customers and hyperscaler capital-spending cycles, increasing sensitivity to project delays or changes in server architecture.
• Negative Sentiment: After gaining more than 200% this year and rallying on the Investor Day announcement, the stock’s decline likely reflects profit-taking and concerns that a premium valuation—near 94 times forward earnings—already discounts much of the AI opportunity. Higher Treasury yields and broader market weakness are adding pressure. Recent insider activity has also consisted primarily of sales, reinforcing caution at elevated prices. Good Reason to Avoid, Warns Top Investor About Marvell Stock

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on MRVL shares. Citigroup upped their price objective on shares of Marvell Technology from $225.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 21st. Wells Fargo & Company upped their price objective on shares of Marvell Technology from $310.00 to $365.00 and gave the stock an “overweight” rating in a report on Wednesday. Erste Group Bank cut Marvell Technology from a “buy” rating to a “hold” rating in a research report on Wednesday, July 15th. Craig Hallum reaffirmed a “buy” rating and issued a $380.00 price target on shares of Marvell Technology in a research report on Wednesday. Finally, Jefferies Financial Group restated a “buy” rating and issued a $450.00 price objective on shares of Marvell Technology in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and an average target price of $320.82.

Insider Transactions at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated 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 owned 227,941 shares in the company, valued at approximately $41,143,350.50. This trade represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly owned 775,686 shares of the company’s stock, valued at $173,280,495.54. This represents a 0.96% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 45,000 shares of company stock valued at $9,904,225. 0.12% of the stock is owned by corporate insiders.

Marvell Technology Price Performance

NASDAQ:MRVL traded down $5.18 during mid-day trading on Wednesday, reaching $281.83. 14,824,838 shares of the company were exchanged, compared to its average volume of 27,662,859. Marvell Technology, Inc. has a 12 month low of $70.68 and a 12 month high of $329.88. The company has a fifty day moving average of $231.21 and a 200 day moving average of $207.54. The stock has a market cap of $247.14 billion, a PE ratio of 92.85, a PEG ratio of 2.62 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.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, beating 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 27.93% and a return on equity of 13.57%. Marvell Technology’s revenue was up 36.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, research analysts anticipate that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Friday, October 9th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, October 9th. Marvell Technology’s dividend payout ratio is 7.92%.

About Marvell Technology

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.