Taylor & Morgan Wealth Management LLC Acquires New Shares in Marvell Technology, Inc. $MRVL

Taylor & Morgan Wealth Management LLC bought a new position in Marvell Technology, Inc. (NASDAQ:MRVL) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,509 shares of the semiconductor company’s stock, valued at approximately $663,000.

Several other hedge funds and other institutional investors have also modified their holdings of MRVL. BlackRock Inc. grew its position in Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock valued at $25,511,649,000 after acquiring an additional 21,798,190 shares during the period. State Street Corp lifted its holdings in shares of Marvell Technology by 79.3% during the second quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock valued at $12,462,011,000 after acquiring an additional 18,495,866 shares during the period. Van ECK Associates Corp lifted 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 valued at $838,286,000 after acquiring an additional 1,007,315 shares during the period. Bank of America Corp DE acquired a new stake in shares of Marvell Technology in the 2nd quarter valued at $2,607,795,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Marvell Technology by 153.3% in 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 purchasing an additional 4,815,725 shares in the last quarter. Institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance

Shares of MRVL stock opened at $275.28 on Friday. Marvell Technology, Inc. has a 1 year low of $70.68 and a 1 year high of $329.88. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. The firm’s 50 day moving average is $237.21 and its 200-day moving average is $210.69. The firm has a market capitalization of $241.39 billion, a price-to-earnings ratio of 90.85, a PEG ratio of 8.19 and a beta of 2.26.

Marvell Technology (NASDAQ:MRVL) last posted 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. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same quarter in the previous year, the company posted $0.67 EPS. Marvell Technology’s revenue was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Sell-side analysts forecast that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

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

Analyst Ratings Changes

A number of brokerages recently issued reports on MRVL. TD Cowen upgraded shares of Marvell Technology from a “hold” rating to a “buy” rating and increased their target price for the stock from $245.00 to $350.00 in a research report on Wednesday. Loop Capital upgraded shares of Marvell Technology to a “strong-buy” rating in a research report on Tuesday, June 16th. 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 research note on Friday, August 21st. Morgan Stanley raised their price objective on shares of Marvell Technology from $268.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Piper Sandler lifted their target price on shares of Marvell Technology from $270.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $320.82.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Marvell raised its fiscal 2031 revenue target to approximately $70 billion to $90 billion, compared with a fiscal 2026 base of $8.2 billion. Management also outlined a $20 billion 2028 revenue target, reinforcing expectations for strong demand for custom AI chips, networking products and data-center connectivity. Marvell Technology Lifts 2031 Revenue Goal
• Positive Sentiment: The company estimates that connecting AI chips could become a roughly $37 billion business, improving the long-term growth case for its electro-optics, networking and custom silicon offerings. The forecast also lifted sentiment toward related AI infrastructure companies. Marvell Says Connecting AI Chips Could Be a $37 Billion Business
• Positive Sentiment: Barclays maintained a Buy rating, while reports also cited favorable views or price-target increases from JPMorgan, RBC, Susquehanna, Cantor Fitzgerald and Bank of America. This analyst support is helping sustain momentum after the investor-day presentation. Barclays Keeps Their Buy Rating on Marvell
• Neutral Sentiment: Marvell plans to showcase a broad portfolio of open AI infrastructure solutions at the OCP Global Summit, providing potential product and customer visibility but no immediate change to earnings guidance. Marvell to Showcase Open AI Infrastructure Solutions
• Negative Sentiment: Some analysts warn that the stock’s substantial multiyear rally has already priced in significant AI success. At roughly 24 times forward earnings, valuation may look reasonable relative to the growth targets, but it remains exposed to execution risk, customer concentration and any slowdown in AI data-center spending. Marvell Stock Could Be Below Fair Value
• Negative Sentiment: Higher Treasury yields and oil prices recently pressured high-growth technology shares, contributing to volatility in MRVL despite its favorable company-specific outlook. What’s Going On With Marvell Technology Stock

Insider Activity

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the transaction, the chief operating officer directly owned 227,941 shares in the company, valued at approximately $41,143,350.50. This represents a 4.20% decrease in their position. 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 dated Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the completion of the transaction, the chief executive officer directly owned 775,686 shares in the company, valued at $173,280,495.54. This trade represents a 0.96% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 46,100 shares of company stock valued at $10,205,174 over the last 90 days. 0.12% of the stock is owned by company insiders.

Marvell Technology Company 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.