Lodestone Wealth Management LLC Buys 3,702 Shares of Marvell Technology, Inc. $MRVL

Lodestone Wealth Management LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,702 shares of the semiconductor company’s stock, valued at approximately $978,000.

A number of other hedge funds have also added to or reduced their stakes in MRVL. Cape ANN Savings Bank lifted its position in Marvell Technology by 2.3% during the 2nd quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock worth $669,000 after buying an additional 50 shares in the last quarter. Arlington Trust Co LLC grew its holdings in shares of Marvell Technology by 24.1% in the 2nd quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock valued at $80,000 after acquiring an additional 52 shares in the last quarter. GoalVest Advisory LLC grew its holdings in shares of Marvell Technology by 26.0% in the 2nd quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock valued at $94,000 after acquiring an additional 65 shares in the last quarter. Mayflower Financial Advisors LLC grew its holdings in shares of Marvell Technology by 1.7% in the 1st quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock valued at $407,000 after acquiring an additional 68 shares in the last quarter. Finally, Bell Investment Advisors Inc increased its position in shares of Marvell Technology by 12.9% in the first quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock valued at $62,000 after acquiring an additional 72 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Insider Buying and Selling

In other Marvell Technology news, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $223.39, for a total value of $1,675,425.00. Following the sale, the chief executive officer owned 775,686 shares in the company, valued at $173,280,495.54. This represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were 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 directly owned 227,941 shares of the company’s stock, valued at approximately $41,143,350.50. The trade was a 4.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 46,100 shares of company stock worth $10,205,174. Company insiders own 0.12% of the company’s stock.

Key Stories Impacting Marvell Technology

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

• Positive Sentiment: Marvell raised its fiscal 2028 revenue target to approximately $20 billion, above Wall Street’s roughly $18.2 billion consensus, and outlined a potential fiscal 2031 revenue opportunity of $70 billion to $90 billion. The outlook is being driven by AI connectivity, optical products and custom silicon, with management targeting 44%-46% operating margins and free-cash-flow margins above 36% by fiscal 2031. Marvell: A Strong Buy With a $90 Billion Opportunity
• Positive Sentiment: Analysts highlighted a potentially significant custom-chip program, including Microsoft’s Maia 300 AI effort. Custom silicon revenue has not yet fully appeared in Marvell’s financial results, creating a possible future growth catalyst for the data-center business. Marvell Stock Is on a Bad Run but Microsoft’s New AI Chips Can Revive It
• Positive Sentiment: The company expanded its connectivity portfolio with a 3.2T protocol-aware retimer and a second-generation 1.6T active electrical-cable DSP, products designed for higher bandwidth and power efficiency in AI data centers. Marvell also introduced six-channel CXL 3.2 memory expanders for AI inference. Marvell Bolsters Connectivity Portfolio
• Positive Sentiment: Erste Group raised its fiscal 2028 EPS estimate to $6.10 from $5.38, while several articles noted that analysts remain favorable toward Marvell’s AI and networking prospects. Erste Group Raises Marvell EPS Estimate
• Neutral Sentiment: Marvell and Microsoft, along with Oracle, formed an Open Compute Project working group to standardize security hardware for hyperscale data centers. The announcement may support Marvell’s ecosystem position but does not provide immediate financial guidance. Marvell, Microsoft and Oracle Establish OCP Working Group
• Negative Sentiment: Short-term pressure reflects profit-taking after Marvell’s sharp year-to-date advance, broader selling in AI chip stocks and reports of insider selling. With a high valuation, investors appear to be demanding substantial execution against the newly increased forecasts. Marvell Stock Price Down After Insider Selling

Marvell Technology Stock Performance

Shares of MRVL traded down $17.20 during midday trading on Wednesday, reaching $251.53. The stock had a trading volume of 10,630,021 shares, compared to its average volume of 27,475,402. The firm has a 50 day simple moving average of $239.66 and a 200-day simple moving average of $213.96. Marvell Technology, Inc. has a one year low of $70.68 and a one year high of $329.88. The firm has a market cap of $220.57 billion, a PE ratio of 82.96, a P/E/G ratio of 7.92 and a beta of 2.26. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.01. The company 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 for the quarter was up 36.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, sell-side analysts anticipate that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Jefferies Financial Group upped their target price on Marvell Technology from $325.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. Seaport Research Partners started coverage on Marvell Technology in a research report on Tuesday, September 22nd. They set a “buy” rating and a $270.00 price target for the company. Barclays restated an “overweight” rating on shares of Marvell Technology in a research note on Thursday, August 20th. Wells Fargo & Company raised their price target on Marvell Technology from $310.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. Finally, Susquehanna boosted their price target on Marvell Technology from $265.00 to $340.00 and gave the stock a “positive” rating in a research report on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $320.82.

Marvell Technology 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.