434,204 Shares of Marvell Technology, Inc. $MRVL Purchased by Candriam S.C.A.

by · The Markets Daily

Candriam S.C.A. purchased a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 434,204 shares of the semiconductor company’s stock, valued at approximately $115,140,000.

Several other institutional investors have also recently made changes to their positions in the business. C M Bidwell & Associates Ltd. purchased a new stake in Marvell Technology during the second quarter valued at approximately $27,000. Investment Research & Advisory Group Inc. bought a new position in Marvell Technology in the 3rd quarter worth $25,000. Aberdeen Wealth Management LLC purchased a new position in Marvell Technology during the second quarter valued at $30,000. Sawyer & Company Inc purchased a new stake in Marvell Technology in the third quarter worth about $26,000. Finally, Sunrise Financial Services LLC bought a new position in shares of Marvell Technology in the third quarter worth about $26,000. Institutional investors own 83.51% of the company’s stock.

Key Marvell Technology News

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

  • Positive Sentiment: Investors rotated back into beaten-down AI chip stocks, helping Marvell recover. Coverage characterized the move as a rebound after the recent tech-sector rout. What’s Going On With Marvell Technology Stock Friday?
  • Positive Sentiment: Marvell’s AI networking business is benefiting from demand for data-center connectivity. Separately, Zacks Research modestly raised several longer-term EPS forecasts, supporting the growth outlook. MRVL’s Networking Business Grows on the Back of AI
  • Neutral Sentiment: The proposed all-stock acquisition of Lumentum would add optical technology for AI data centers, potentially addressing a key connectivity bottleneck. The strategic opportunity is substantial, but investors are weighing it against its cost and execution risks. Marvell Is Betting $115 Billion on 1 of AI’s Biggest Bottlenecks
  • Negative Sentiment: The Lumentum deal has fueled concerns about shareholder dilution and whether Marvell is paying too much. Because it is an all-stock offer, its value moves with Marvell’s share price; closing is not expected until the first half of 2028 and requires regulatory approval. Marvell’s Lumentum Offer and Deal Risks
  • Negative Sentiment: Broader uncertainty over AI regulation and possible data-center construction restrictions is weighing on the sector, since slower infrastructure buildouts could temper demand for Marvell’s networking products. Why Marvell Stock Is Falling Today

Marvell Technology Price Performance

NASDAQ:MRVL opened at $141.20 on Friday. The company has a market capitalization of $123.82 billion, a P/E ratio of 46.60, a P/E/G ratio of 4.22 and a beta of 2.32. The business’s 50-day moving average is $234.31 and its 200 day moving average is $184.23. 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 12 month low of $70.68 and a 12 month high of $329.88.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share for the quarter, topping 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 firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. During the same period in the previous year, the firm posted $0.67 EPS. The business’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, equities research analysts forecast that Marvell Technology, Inc. will post 3.05 earnings per share 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 given a dividend of $0.06 per share. The ex-dividend date was Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. Marvell Technology’s payout ratio is 7.92%.

Analysts Set New Price Targets

Several research firms recently issued reports on MRVL. Barclays reissued an “overweight” rating on shares of Marvell Technology in a report on Thursday, August 20th. Bank of America cut shares of 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 note on Tuesday, November 3rd. Piper Sandler restated an “overweight” rating on shares of Marvell Technology in a research report on Thursday, October 29th. Craig Hallum reaffirmed a “buy” rating and issued a $380.00 target price on shares of Marvell Technology in a report on Wednesday, October 7th. Finally, B. Riley Financial cut their price target on Marvell Technology from $365.00 to $275.00 and set a “buy” rating for the company in a research note on Tuesday, November 3rd. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus price target of $300.85.

View Our Latest Stock Analysis on MRVL

Insider Activity

In other Marvell Technology news, COO Chris Koopmans sold 10,000 shares of the firm’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 completion of the sale, the chief operating officer owned 202,800 shares of the company’s stock, valued at $37,917,516. This trade represents a 4.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $300,949.00. Following the transaction, the chief accounting officer owned 909 shares of the company’s stock, valued at $248,693.31. This trade represents a 54.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 57,285 shares of company stock worth $12,901,763. Insiders own 0.12% of the company’s stock.

Marvell Technology Company Profile

(Free Report)

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.

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