Great Lakes Retirement Inc. Buys Shares of 37,772 Marvell Technology, Inc. $MRVL

Great Lakes Retirement Inc. purchased a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 37,772 shares of the semiconductor company’s stock, valued at approximately $3,176,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Atlantic Edge Private Wealth Management LLC raised its holdings in Marvell Technology by 160.0% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Nova Wealth Management Inc. increased its position in shares of Marvell Technology by 3,922.2% in the third quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 353 shares in the last quarter. Westside Investment Management Inc. raised its stake in shares of Marvell Technology by 62.5% during the 2nd quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock worth $32,000 after buying an additional 160 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of Marvell Technology in the 2nd quarter worth about $32,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in Marvell Technology in the 2nd quarter valued at about $34,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Activity at Marvell Technology

In other news, EVP Mark Casper sold 5,000 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $93.08, for a total transaction of $465,400.00. Following the completion of the transaction, the executive vice president owned 19,418 shares of the company’s stock, valued at $1,807,427.44. This represents a 20.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.33% of the stock is currently owned by corporate insiders.

Key Marvell Technology News

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

• Positive Sentiment: Jim Cramer turned bullish, saying Marvell is a buy/hold going into the quarter — that public endorsement can support near-term investor interest ahead of results. Jim Cramer on Marvell: “I Think the Stock’s a Buy Going Into the Quarter”
• Positive Sentiment: JPMorgan and other analysts expect Marvell to ride AI/data-center demand and potentially report inline-to-better Q4 results — supportive fundamentals if management signals continued hyperscaler momentum. JPMorgan Expects Marvell To Ride AI Wave Ahead Of Q4 Earnings
• Positive Sentiment: RBC says Marvell is likely to beat on optical strength and that fiscal‑2027 commentary could be “incrementally positive” — a potential catalyst if management confirms stronger optical/connectivity demand. Marvell Likely to Beat on Optical Strength, Fiscal 2027 Tone ‘Incrementally Positive,’ RBC Says
• Neutral Sentiment: Options traders are pricing in roughly an 11% move around earnings, indicating elevated volatility — useful for positioning but not directional. Is Marvell Stock (MRVL) a Buy Ahead of Q4 Earnings? Options Traders Brace for 11% Price Swing
• Neutral Sentiment: Industry pieces and Zacks previews highlight AI-driven upside for Marvell’s custom AI and connectivity products heading into Q4, but caution on near-term guidance and competition. MRVL Q4 Earnings to Gain From Custom AI & Connectivity Products
• Neutral Sentiment: Partner/competitive news: Credo and TensorWave are targeting next‑gen AMD AI clusters — a reminder of competitive dynamics in AI networking/interconnects that could influence longer-term share dynamics. Credo & TensorWave Team Up to Power Next-Gen AMD AI Clusters
• Negative Sentiment: Zacks Research downgraded Marvell from “hold” to “strong sell,” a high‑visibility downgrade that likely triggered selling pressure and raised short‑term sentiment risk. Zacks.com
• Negative Sentiment: Market reaction: a news item notes MRVL moved down about 1% after the analyst downgrade, reflecting immediate sell‑side impact on the stock. Marvell Technology (NASDAQ:MRVL) Stock Price Down 1% Following Analyst Downgrade
• Negative Sentiment: Morgan Stanley cut its price target from $112 to $95 and set an equal‑weight rating — a less bullish analyst stance that can cap near‑term upside and weighs on sentiment. Benzinga: Price Target Cut
• Negative Sentiment: Broader market risk: a sector sell‑off tied to geopolitical tensions hit chip names, increasing downside risk for Marvell even if company‑specific fundamentals remain solid. Nvidia, AMD, Intel, and Broadcom Lead Chip Stock Sell-off Amid Iran Crisis

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Oppenheimer restated an “outperform” rating and set a $150.00 target price (up from $115.00) on shares of Marvell Technology in a research report on Wednesday, December 3rd. Evercore raised their price objective on shares of Marvell Technology from $122.00 to $156.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. Summit Insights upgraded Marvell Technology from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Wall Street Zen lowered Marvell Technology from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, TD Cowen reissued a “hold” rating on shares of Marvell Technology in a research report on Tuesday, February 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and an average target price of $114.78.

Marvell Technology Trading Down 4.1%

Shares of MRVL opened at $77.51 on Wednesday. Marvell Technology, Inc. has a fifty-two week low of $47.08 and a fifty-two week high of $102.77. The company has a market capitalization of $67.53 billion, a PE ratio of 27.20, a price-to-earnings-growth ratio of 0.65 and a beta of 1.97. The stock has a fifty day moving average of $81.62 and a two-hundred day moving average of $81.95. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.01.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings data on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. The business had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.06 billion. Marvell Technology had a return on equity of 13.15% and a net margin of 31.75%.The business’s revenue for the quarter was up 36.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.43 earnings per share. As a group, analysts forecast that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 29th. Shareholders of record on Friday, January 9th were issued a $0.06 dividend. The ex-dividend date was Friday, January 9th. This represents a $0.24 annualized dividend and a yield of 0.3%. Marvell Technology’s payout ratio is 8.42%.

Marvell Technology Profile

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.