Gunderson Capital Management LLC Acquires 28,928 Shares of Marvell Technology, Inc. $MRVL

Gunderson Capital Management LLC acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 28,928 shares of the semiconductor company’s stock, valued at approximately $7,643,000. Marvell Technology makes up 2.1% of Gunderson Capital Management LLC’s portfolio, making the stock its 23rd largest position.

Other hedge funds have also recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Marvell Technology in the third quarter valued at about $982,000. Curated Wealth Partners LLC bought a new position in shares of Marvell Technology during the 3rd quarter worth approximately $579,000. WealthPlan Investment Management LLC purchased a new position in shares of Marvell Technology in the 3rd quarter worth approximately $3,200,000. Purus Wealth Management LLC purchased a new position in shares of Marvell Technology in the 3rd quarter worth approximately $486,000. Finally, SBE LLC DBA Cedar Cove Wealth Partners purchased a new stake in shares of Marvell Technology during the third quarter valued at approximately $464,000. 83.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on MRVL. Cantor Fitzgerald lifted their price objective on shares of Marvell Technology from $330.00 to $350.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 7th. Evercore reissued an “outperform” rating and issued a $433.00 price objective on shares of Marvell Technology in a report on Tuesday, October 6th. Jefferies Financial Group boosted their price objective on Marvell Technology from $325.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, October 6th. Wells Fargo & Company upped their price objective on shares of Marvell Technology from $310.00 to $365.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Finally, KeyCorp reiterated an “overweight” rating on shares of Marvell Technology in a research report on Wednesday, October 7th. Two equities 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $327.36.

Trending Headlines about 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 the roughly $18.2 billion consensus estimate, and outlined a potential $70 billion–$90 billion revenue opportunity by fiscal 2031. Those targets reinforce the long-term growth case for custom silicon, connectivity and optical products. Marvell Raises Its 2028 Revenue Target to $20 Billion
• Positive Sentiment: The company introduced new 3.2-terabit protocol-aware retimer and 1.6-terabit active electrical-cable DSP products, expanding its connectivity portfolio for AI data centers. Marvell also formed a hardware-security standards group with Microsoft and Oracle and unveiled six-channel CXL memory expansion solutions. Marvell Bolsters Connectivity Portfolio
• Positive Sentiment: Analyst commentary remains broadly supportive, highlighting consistent revenue growth, Marvell’s exposure to custom AI silicon and a potentially expanding Microsoft AI-chip opportunity. Erste Group also raised its fiscal 2028 earnings estimate to $6.10 per share from $5.38, although it maintained a Hold rating. Marvell: Buy For The Connectivity, Stay For The Custom Silicon
• Neutral Sentiment: Marvell’s optical business could become a significant long-term growth driver, but current results have not yet fully reflected that opportunity, leaving investors dependent on future execution. Marvell’s Optical Business Could Win Long Term
• Negative Sentiment: A hotter-than-expected inflation reading and signs of slowing Anthropic revenue growth extended the technology and AI selloff, weighing on Marvell along with other semiconductor stocks. Stocks That Explain Today’s Market
• Negative Sentiment: After rising more than 200% in 2026, Marvell faces profit-taking and valuation concerns. Commentary increasingly contrasts the stock’s premium with Broadcom’s larger, more diversified and cash-generative business. Insider-selling reports add another near-term overhang. Take Profits on MRVL Stock or Hold On

Marvell Technology Stock Performance

Shares of NASDAQ MRVL traded down $8.58 during mid-day trading on Thursday, hitting $236.70. The company had a trading volume of 14,925,973 shares, compared to its average volume of 27,489,314. 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, Inc. has a 1 year low of $70.68 and a 1 year high of $329.88. The company has a market capitalization of $207.56 billion, a price-to-earnings ratio of 78.11, a P/E/G ratio of 8.01 and a beta of 2.26. The stock’s 50-day moving average price is $240.34 and its 200-day moving average price is $215.00.

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, topping analysts’ consensus estimates of $0.93 by $0.01. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The business had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.72 billion. During the same quarter in the prior year, the firm posted $0.67 EPS. The firm’s quarterly 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. On average, sell-side analysts forecast that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Dividend Announcement

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

Insider Activity

In related news, CAO Justin Scarpulla sold 1,100 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer owned 909 shares of the company’s stock, valued at approximately $248,693.31. The trade was a 54.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Matthew Murphy sold 7,500 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer owned 775,686 shares of the company’s stock, valued at $173,280,495.54. This trade represents a 0.96% 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 ninety days, insiders sold 46,100 shares of company stock worth $10,205,174. 0.12% of the stock is owned by company insiders.

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.