KRS Capital Management LLC Makes New Investment in Marvell Technology, Inc. $MRVL

Posted by Brian Himes on Oct 18th, 2026

KRS Capital Management LLC purchased a new position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 8,434 shares of the semiconductor company’s stock, valued at approximately $2,228,000. Marvell Technology comprises approximately 1.0% of KRS Capital Management LLC’s portfolio, making the stock its 17th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MRVL. BlackRock Inc. grew its position in shares of Marvell Technology by 34.1% in the second quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company’s stock valued at $25,511,649,000 after purchasing an additional 21,798,190 shares during the period. State Street Corp increased its stake in shares of 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 in the last quarter. Bank of America Corp DE purchased a new stake in shares of Marvell Technology during the second quarter worth about $2,607,795,000. Bank of New York Mellon Corp increased its stake in shares of Marvell Technology by 153.3% during the second 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. Finally, Legal & General Group Plc acquired a new position in shares of Marvell Technology during the 2nd quarter worth about $1,742,526,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Insider Buying and Selling at Marvell Technology

In other Marvell Technology news, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $235.47, for a total value of $1,766,025.00. Following the transaction, the chief executive officer directly owned 768,186 shares of the company’s stock, valued at $180,884,757.42. This trade represents a 0.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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. Also, insider Sandeep Bharathi sold 3,685 shares of the firm’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $234.97, for a total transaction of $865,864.45. Following the completion of the transaction, the insider directly owned 58,748 shares in the company, valued at $13,804,017.56. This trade represents a 5.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 sold a total of 57,285 shares of company stock worth $12,837,063 in the last 90 days. 0.12% of the stock is currently owned by insiders.

Marvell Technology Trading Down 5.6%

Shares of MRVL opened at $227.83 on Friday. Marvell Technology, Inc. has a 52-week low of $70.68 and a 52-week high of $329.88. The stock has a market cap of $199.78 billion, a PE ratio of 75.19, a price-to-earnings-growth ratio of 6.79 and a beta of 2.26. The firm’s fifty day moving average is $241.14 and its two-hundred day moving average is $216.11. 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 – Get Free Report) last issued its earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. The business had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The company’s quarterly revenue was up 36.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Research analysts forecast that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MRVL. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $270.00 price target on shares of Marvell Technology in a research note on Wednesday, October 7th. Citigroup lifted their price objective on Marvell Technology from $225.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, August 21st. Wells Fargo & Company boosted their price objective on Marvell Technology from $310.00 to $365.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Rosenblatt Securities increased their target price on Marvell Technology from $240.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, August 25th. Finally, Erste Group Bank cut Marvell Technology from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $327.36.

View Our Latest Report on Marvell Technology

Marvell Technology News Summary

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

Positive Sentiment: Marvell’s recent Investor Day highlighted strong expected demand for custom AI chips, data-center infrastructure and networking silicon. The company raised its long-term sales outlook, supporting the view that it could deliver substantial revenue and earnings growth. Long-term Marvell growth outlook
Positive Sentiment: Erste Group Bank reportedly increased its earnings-per-share forecast for Marvell, while other analysts remain optimistic about the company’s growth potential in AI and data-center markets. Marvell EPS forecast increase
Neutral Sentiment: CEO Matthew Murphy sold 7,500 shares, and insider Sandeep Bharathi sold 3,685 shares. Both transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding tied to vested equity awards, reducing their significance as signals about the company’s outlook. Marvell CEO SEC filing Marvell insider SEC filing
Negative Sentiment: Broadcom CEO Hock Tan’s warning about the amount of capital required to fund AI infrastructure is weighing on custom AI-chip companies, including Marvell. Investors fear that hyperscalers may become more selective with spending or demand better returns, particularly after Marvell’s substantial rally. Broadcom AI funding warning
Negative Sentiment: Hotter U.S. inflation data and rising interest-rate expectations have triggered a broader technology and semiconductor sell-off. High-growth stocks such as Marvell are particularly vulnerable because their valuation depends heavily on future AI-driven earnings. Marvell market pressure

Marvell Technology Profile

(Free Report)

Marvell Technology, Inc (NASDAQ: MRVL) is a semiconductor company that develops infrastructure solutions for data centers, telecommunications networks, enterprise systems, automotive applications and other connected markets. Its products are designed to support the movement, processing, storage and security of data across complex computing and communications environments.

The company’s portfolio includes data-processing and networking processors, custom application-specific integrated circuits, Ethernet switches and controllers, storage controllers, connectivity products, and electro-optics solutions.