125,059 Shares of Marvell Technology, Inc. $MRVL Acquired by Calamos Advisors LLC

Calamos Advisors LLC acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 125,059 shares of the semiconductor company’s stock, valued at approximately $33,042,000.

Other large investors have also modified their holdings of the company. Investment Research & Advisory Group Inc. acquired a new position in Marvell Technology in the third quarter valued at $25,000. Sawyer & Company Inc purchased a new position in shares of Marvell Technology in the 3rd quarter worth about $26,000. Sunrise Financial Services LLC purchased a new position in shares of Marvell Technology in the 3rd quarter worth about $26,000. WPG Advisers LLC acquired a new position in shares of Marvell Technology in the 3rd quarter valued at about $26,000. Finally, REAP Financial Group LLC acquired a new position in shares of Marvell Technology in the 3rd quarter valued at about $26,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

Marvell Technology Stock Up 5.7%

Marvell Technology stock traded up $7.65 during midday trading on Friday, hitting $141.20. 33,436,101 shares of the company were exchanged, compared to its average volume of 25,429,988. The company has a market cap of $123.82 billion, a PE ratio of 46.60, a price-to-earnings-growth ratio of 5.11 and a beta of 2.32. Marvell Technology, Inc. has a fifty-two week low of $70.68 and a fifty-two week high of $329.88. The company’s fifty day moving average price is $234.31 and its 200-day moving average price is $184.23. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62.

Marvell Technology (NASDAQ:MRVL) last issued its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.01. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 36.5% on a year-over-year basis. During the same quarter last year, the company earned $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, research analysts predict that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Friday, October 9th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, October 9th. Marvell Technology’s dividend payout ratio (DPR) is presently 7.92%.

Insider Activity

In related news, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $273.59, for a total transaction of $300,949.00. Following the sale, the chief accounting officer owned 909 shares of the company’s stock, valued at $248,693.31. The trade was a 54.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Matthew Murphy sold 7,500 shares of the business’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $235.47, for a total transaction of $1,766,025.00. Following the completion of the transaction, the chief executive officer owned 768,186 shares in the company, valued at $180,884,757.42. This represents a 0.97% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 57,285 shares of company stock valued at $12,901,763 in the last 90 days. Company insiders own 0.12% of the company’s stock.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Investors rotated back into beaten-down AI chip stocks, helping Marvell recover. Coverage characterized the move as a rebound after the recent tech-sector rout. What’s Going On With Marvell Technology Stock Friday?
• Positive Sentiment: Marvell’s AI networking business is benefiting from demand for data-center connectivity. Separately, Zacks Research modestly raised several longer-term EPS forecasts, supporting the growth outlook. MRVL’s Networking Business Grows on the Back of AI
• Neutral Sentiment: The proposed all-stock acquisition of Lumentum would add optical technology for AI data centers, potentially addressing a key connectivity bottleneck. The strategic opportunity is substantial, but investors are weighing it against its cost and execution risks. Marvell Is Betting $115 Billion on 1 of AI’s Biggest Bottlenecks
• Negative Sentiment: The Lumentum deal has fueled concerns about shareholder dilution and whether Marvell is paying too much. Because it is an all-stock offer, its value moves with Marvell’s share price; closing is not expected until the first half of 2028 and requires regulatory approval. Marvell’s Lumentum Offer and Deal Risks
• Negative Sentiment: Broader uncertainty over AI regulation and possible data-center construction restrictions is weighing on the sector, since slower infrastructure buildouts could temper demand for Marvell’s networking products. Why Marvell Stock Is Falling Today

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on MRVL shares. JPMorgan Chase & Co. increased their target price on shares of Marvell Technology from $305.00 to $360.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 7th. Evercore restated an “outperform” rating and issued a $433.00 price target on shares of Marvell Technology in a report on Tuesday, October 6th. BMO Capital Markets reaffirmed a “market perform” rating and set a $325.00 price target on shares of Marvell Technology in a research report on Wednesday, October 7th. Citigroup boosted their price objective on shares of Marvell Technology from $225.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, August 21st. Finally, Susquehanna cut their target price on shares of Marvell Technology from $340.00 to $300.00 and set a “positive” rating on the stock in a research note on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $300.85.

About Marvell Technology

Marvell Technology is a fabless semiconductor company that develops data infrastructure chips and related technologies. Its products include networking and Ethernet chips, storage controllers, processors, optical and connectivity solutions, and custom silicon used in data centers, carrier networks, enterprise systems, and other applications.

The company’s products help move, store, process, and secure data across cloud and telecommunications infrastructure. Marvell serves customers around the world, including equipment makers and technology companies that incorporate its semiconductors into their systems.

Founded in 1995, Marvell grew through product development and acquisitions to build a broad portfolio of infrastructure technologies.