Green Alpha Advisors LLC Makes New Investment in Marvell Technology, Inc. $MRVL

Green Alpha Advisors 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 7,461 shares of the semiconductor company’s stock, valued at approximately $1,971,000. Marvell Technology makes up 1.3% of Green Alpha Advisors LLC’s portfolio, making the stock its 23rd largest position.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of 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 acquiring an additional 21,798,190 shares in the last quarter. State Street Corp boosted its holdings in Marvell Technology by 79.3% during the second quarter. State Street Corp now owns 41,834,272 shares of the semiconductor company’s stock worth $12,462,011,000 after purchasing an additional 18,495,866 shares during the last quarter. Van ECK Associates Corp boosted its holdings in 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 worth $838,286,000 after purchasing an additional 1,007,315 shares during the last quarter. Bank of America Corp DE bought a new stake in Marvell Technology in the 2nd quarter worth about $2,607,795,000. Finally, Bank of New York Mellon Corp grew its position in 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 worth $2,370,604,000 after purchasing an additional 4,815,725 shares in the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

Marvell Technology News Roundup

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

• Positive Sentiment: Marvell’s Investor Day remains the primary bullish catalyst. Management raised its fiscal 2028 revenue outlook to approximately $20 billion from $18 billion and established a fiscal 2031 revenue target of $70 billion to $90 billion, implying annual growth of at least 54%. The company expects custom AI chips and data-center connectivity to drive much of that expansion. Marvell Technology Lifts 2031 Revenue Goal
• Positive Sentiment: Wall Street analysts responded by raising price targets, including JPMorgan to $360, Needham to $400, Bank of America to $400 and RBC to $425. The revisions reflect expectations that accelerating AI infrastructure spending could materially expand Marvell’s earnings power. Analysts Raise Marvell Price Targets
• Positive Sentiment: Marvell will showcase open AI infrastructure solutions at the OCP Global Summit, reinforcing its positioning in networking, custom silicon and data-center connectivity. Marvell to Showcase Open AI Infrastructure Solutions
• Neutral Sentiment: Recent coverage highlights strong long-term potential, but much of the upside depends on hyperscaler AI spending continuing at an exceptional pace and Marvell successfully executing its ambitious forecasts.
• Negative Sentiment: Some analysts downgraded the stock or warned that the “easy money” may be over. With MRVL trading at a high earnings multiple after rising more than 200% this year, investors may be taking profits and demanding evidence that the long-term targets are achievable. Marvell The Easy Money Is Already Over
• Negative Sentiment: Higher Treasury yields and oil prices have pressured richly valued technology and AI stocks, contributing to near-term weakness across the semiconductor group. What’s Going On With Marvell Technology Stock Thursday

Insider Buying and Selling at Marvell Technology

In related news, CEO Matthew J. Murphy sold 7,500 shares of the stock in a transaction 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 transaction, the chief executive officer owned 775,686 shares of the company’s stock, valued at $173,280,495.54. This represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $262.05, for a total value of $2,620,500.00. Following the completion of the sale, the chief operating officer owned 207,941 shares of the company’s stock, valued at $54,490,939.05. The trade was a 4.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 45,000 shares of company stock valued at $9,904,225 in the last three months. 0.12% of the stock is owned by corporate insiders.

Marvell Technology Stock Performance

Marvell Technology stock traded down $10.02 during trading on Thursday, hitting $274.66. The stock had a trading volume of 29,094,917 shares, compared to its average volume of 27,719,201. The stock’s 50 day moving average is $233.63 and its two-hundred day moving average is $208.92. Marvell Technology, Inc. has a 1 year low of $70.68 and a 1 year high of $329.88. The stock has a market cap of $240.85 billion, a price-to-earnings ratio of 90.65, a price-to-earnings-growth ratio of 2.77 and a beta of 2.26. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27.

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

Marvell Technology Announces Dividend

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

Analyst Upgrades and Downgrades

MRVL has been the topic of several recent analyst reports. HC Wainwright reissued a “buy” rating on shares of Marvell Technology in a research report on Tuesday, August 25th. Citigroup upped their target price on Marvell Technology from $225.00 to $275.00 and gave the company a “buy” rating in a report on Friday, August 21st. Jefferies Financial Group lifted their price target on Marvell Technology from $325.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday. Oppenheimer reissued an “outperform” rating and issued a $425.00 price objective on shares of Marvell Technology in a research report on Wednesday. Finally, Benchmark restated a “buy” rating on shares of Marvell Technology in a research note on Monday, August 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company 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.