Marvell Technology, Inc. $MRVL Shares Newly Purchased by Virtue Capital Management LLC

Posted by Brenda Bartman on Nov 2nd, 2026

Virtue Capital Management LLC bought a new stake in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,741 shares of the semiconductor company’s stock, valued at approximately $3,102,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MRVL. Coyle Financial Counsel LLC purchased a new position in shares of Marvell Technology in the third quarter valued at $696,000. Birch Hill Investment Advisors LLC purchased a new position in shares of Marvell Technology in the 3rd quarter worth approximately $848,000. Swedbank AB boosted its holdings in shares of Marvell Technology by 2.8% in the 1st quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock worth $315,925,000 after purchasing an additional 85,816 shares during the period. Merit Financial Group LLC boosted its holdings in shares of Marvell Technology by 22.9% in the 2nd quarter. Merit Financial Group LLC now owns 27,079 shares of the semiconductor company’s stock worth $8,067,000 after purchasing an additional 5,047 shares during the period. Finally, Swiss National Bank increased its position in shares of Marvell Technology by 5.4% during the 1st quarter. Swiss National Bank now owns 2,489,003 shares of the semiconductor company’s stock valued at $246,536,000 after purchasing an additional 126,600 shares during the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Marvell Technology news, CAO Justin Scarpulla sold 1,100 shares of the company’s stock in a transaction dated 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 represents a 54.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Matthew J. Murphy sold 7,500 shares of Marvell Technology stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $235.47, for a total transaction of $1,766,025.00. Following the completion of the transaction, the chief executive officer 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 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. Insiders have sold 47,285 shares of company stock valued at $11,032,063 over the last ninety days. 0.12% of the stock is currently owned by company insiders.

Trending Headlines about Marvell Technology

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

Positive Sentiment: The proposed combination would expand Marvell’s position in AI data-center infrastructure by pairing its custom chips and networking technology with Lumentum’s lasers and optical components. The companies expect more than $1 billion in annual run-rate cost savings and higher adjusted earnings per share during the first year after closing. Marvell to Acquire Lumentum in $115 Billion All-Stock AI Infrastructure Deal
Positive Sentiment: Management is targeting the fast-growing optical-networking market, where demand is being supported by AI data-center expansion. Marvell CEO Matt Murphy will lead the combined company, providing continuity for the company’s AI roadmap. Marvell and Lumentum officially plan to combine. Here’s what to know.
Neutral Sentiment: The transaction values Lumentum at approximately $115 billion including debt. Lumentum investors would receive 4.5 Marvell shares per share, while Marvell shareholders would own about 67% of the combined company. Closing is expected in the first half of 2028, subject to shareholder and regulatory approvals.
Negative Sentiment: Investors have reacted negatively to the scale of the acquisition, with Marvell shares declining sharply over the past week. The all-stock structure could create substantial dilution and ties the transaction’s effective value to Marvell’s volatile share price. Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
Negative Sentiment: The acquisition introduces integration, regulatory and execution risks and may distract from Marvell’s existing AI-chip growth plans. At roughly $172 billion in market value, with a high earnings multiple and shares below their 50-day moving average, investors appear concerned that Marvell may be paying too much for future optical-networking growth.

Marvell Technology Price Performance

NASDAQ MRVL opened at $196.40 on Monday. Marvell Technology, Inc. has a 1 year low of $70.68 and a 1 year high of $329.88. The company has a market cap of $172.22 billion, a price-to-earnings ratio of 64.82, a PEG ratio of 5.85 and a beta of 2.26. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62. The stock’s fifty day moving average price is $242.61 and its 200 day moving average price is $182.37.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 13.57%. The firm’s quarterly revenue was up 36.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, equities research analysts forecast that Marvell Technology, Inc. will post 3.05 earnings per share for the current year.

Marvell Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Investors 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 0.1%. Marvell Technology’s payout ratio is presently 7.92%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on MRVL shares. Craig Hallum reiterated a “buy” rating and set a $380.00 price target on shares of Marvell Technology in a report on Wednesday, October 7th. Cantor Fitzgerald lifted their price target on shares of Marvell Technology from $330.00 to $350.00 and gave the company a “neutral” rating in a research note on Wednesday, October 7th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $270.00 price target on shares of Marvell Technology in a report on Wednesday, October 7th. Morgan Stanley increased their price objective on Marvell Technology from $268.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 7th. Finally, Rosenblatt Securities set a $300.00 price objective on Marvell Technology in a report on Friday. Three 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 company’s stock. According to MarketBeat.com, Marvell Technology currently has an average rating of “Moderate Buy” and an average price target of $327.36.

Check Out Our Latest Stock Analysis on MRVL

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.