4,141 Shares in Marvell Technology, Inc. $MRVL Purchased by Gryphon Financial Partners LLC

Gryphon Financial Partners LLC bought a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,141 shares of the semiconductor company’s stock, valued at approximately $1,094,000.

A number of other hedge funds have also added to or reduced their stakes in MRVL. Coyle Financial Counsel LLC acquired a new position in Marvell Technology during the 3rd quarter worth approximately $696,000. Birch Hill Investment Advisors LLC bought a new stake in shares of Marvell Technology during the third quarter worth $848,000. Merit Financial Group LLC increased its holdings in shares of Marvell Technology by 22.9% during the second quarter. Merit Financial Group LLC now owns 27,079 shares of the semiconductor company’s stock worth $8,067,000 after buying an additional 5,047 shares in the last quarter. Swiss National Bank increased its holdings in shares of Marvell Technology by 5.4% during the first quarter. Swiss National Bank now owns 2,489,003 shares of the semiconductor company’s stock worth $246,536,000 after buying an additional 126,600 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC acquired a new position in shares of Marvell Technology during the third quarter worth $24,014,000. 83.51% of the stock is owned by institutional investors.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Marvell shares rose as major market indexes rebounded following last week’s semiconductor losses, offering a near-term lift unrelated to company-specific news. Why Is Marvell Stock Surging on Monday?
• Positive Sentiment: B. Riley cut its price target from $275 to $250 but kept a Buy rating, signaling continued confidence in potential upside despite the reduced forecast. B. Riley analyst rating
• Neutral Sentiment: ETF flows were mixed but tilted toward buying on Nov. 5: 44 funds added Marvell shares while 19 sold. ETFs Bought $13.1 Million of Marvell
• Negative Sentiment: The biggest company-specific concern is Marvell’s reported all-stock acquisition of Lumentum, valued at $115 billion. The deal has intensified selling, with investors wary of the transaction’s scale and its implications as AI stocks face a broader pullback. Reports say Marvell has fallen sharply since the deal news emerged. Marvell Sinks 36%, Lumentum Drops 31% on $115 Billion Deal
• Negative Sentiment: Marvell’s decline also reflects investors exiting AI-related positions. One report notes the shares were about 58% below their June record close as of Nov. 5; past steep declines have sometimes taken years to recover, underscoring the risk that a rebound may not be quick. Marvell Stock Fell 58% From Its Record

Marvell Technology Stock Performance

Shares of MRVL stock opened at $154.60 on Tuesday. The firm has a 50-day moving average of $233.06 and a 200-day moving average of $184.59. The company has a market cap of $135.57 billion, a P/E ratio of 51.02, a P/E/G ratio of 4.77 and a beta of 2.32. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62. Marvell Technology, Inc. has a one year low of $70.68 and a one year high of $329.88.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.72 billion. During the same period last year, the firm earned $0.67 earnings per share. The firm’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. Equities research analysts forecast that Marvell Technology, Inc. will post 3.05 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Friday, October 9th were paid a $0.06 dividend. The ex-dividend date was Friday, October 9th. This represents a $0.24 annualized dividend and a yield of 0.2%. Marvell Technology’s dividend payout ratio (DPR) is 7.92%.

Insider Activity

In other news, CAO Justin Scarpulla sold 1,100 shares of the business’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $273.59, for a total value of $300,949.00. Following the transaction, the chief accounting officer owned 909 shares in the company, valued at $248,693.31. The trade was a 54.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Sandeep Bharathi sold 3,685 shares of the company’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $234.97, for a total value of $865,864.45. Following the completion of the transaction, the insider directly owned 58,748 shares of the company’s stock, valued at approximately $13,804,017.56. This represents a 5.90% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 57,285 shares of company stock worth $12,901,763. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MRVL shares. William Blair reiterated an “outperform” rating on shares of Marvell Technology in a research note on Monday, November 2nd. BMO Capital Markets restated a “market perform” rating and set a $325.00 price target on shares of Marvell Technology in a report on Wednesday, October 7th. Erste Group Bank downgraded Marvell Technology from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Morgan Stanley raised their price target on shares of Marvell Technology from $268.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 7th. Finally, JPMorgan Chase & Co. lifted their price objective on Marvell Technology from $305.00 to $360.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and a consensus target price 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.

Founded in 1995, Marvell grew through product development and acquisitions to build a broad portfolio of infrastructure technologies.