Marvell Technology, Inc. $MRVL Shares Newly Bought by CFM Wealth Partners LLC

CFM Wealth Partners LLC acquired a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 37,027 shares of the semiconductor company’s stock, valued at approximately $9,783,000. Marvell Technology makes up approximately 1.2% of CFM Wealth Partners LLC’s portfolio, making the stock its 22nd largest holding.

A number of other hedge funds also recently bought and sold shares of the business. BlackRock Inc. lifted its stake in Marvell Technology by 34.1% in the 2nd quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock worth $25,511,649,000 after purchasing an additional 21,798,190 shares in the last quarter. State Street Corp grew its position in shares of Marvell Technology by 79.3% in 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 purchasing an additional 18,495,866 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Marvell Technology in the second quarter valued at approximately $2,607,795,000. Legal & General Group Plc purchased a new stake in shares of Marvell Technology in the second quarter valued at approximately $1,742,526,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of Marvell Technology by 153.3% in the second 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 during the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

Marvell Technology News Summary

Investors following MRVL have been watching these news items:

• Positive Sentiment: A broad rebound in AI-linked stocks provided the main near-term lift, with investors buying the dip after last week’s sector weakness. Marvell’s exposure to data-center chips and optical connectivity added to the appeal. Article: What’s Going On With Marvell Technology Stock Wednesday?
• Neutral Sentiment: The rebound may be a recovery from a sharp selloff rather than confirmation of a lasting trend change. Recent strength in data-center demand supports the AI-growth case, but there was no single new company-specific catalyst reported. Article: Marvell Technology stock is rising: Is this a dead cat bounce or a real recovery?
• Negative Sentiment: The $115 billion all-stock Lumentum deal remains a substantial execution and valuation risk. A report citing merger specialists put the odds of closing at roughly 50%, while other coverage noted that Marvell’s valuation already assumes significant future growth. Article: Marvell’s $115 Billion Lumentum Deal Faces 50-50 Odds

Marvell Technology Price Performance

MRVL stock opened at $168.80 on Thursday. Marvell Technology, Inc. has a 52-week low of $70.68 and a 52-week high of $329.88. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. The stock has a market cap of $148.02 billion, a price-to-earnings ratio of 55.71, a price-to-earnings-growth ratio of 4.61 and a beta of 2.32. The business has a fifty day moving average of $231.09 and a two-hundred day moving average of $185.39.

Marvell Technology (NASDAQ:MRVL) last announced its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The company’s quarterly revenue was up 36.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, research analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Friday, October 9th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, October 9th. Marvell Technology’s payout ratio is 7.92%.

Insider Activity at Marvell Technology

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $186.97, for a total value of $1,869,700.00. Following the transaction, the chief operating officer owned 202,800 shares of the company’s stock, valued at $37,917,516. This represents a 4.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Murphy sold 7,500 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 768,186 shares of the company’s stock, valued at approximately $180,884,757.42. This trade 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 have sold a total of 57,285 shares of company stock valued at $12,901,763 in the last quarter. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Bank of America downgraded Marvell Technology from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $400.00 to $225.00 in a research report on Tuesday, November 3rd. Weiss Ratings cut Marvell Technology from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, November 2nd. BMO Capital Markets restated a “market perform” rating and issued a $325.00 target price on shares of Marvell Technology in a report on Wednesday, October 7th. Evercore reaffirmed an “outperform” rating and issued a $433.00 target price on shares of Marvell Technology in a research note on Tuesday, October 6th. Finally, Citigroup lifted their price target on Marvell Technology from $225.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 21st. Three research 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $300.09.

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.