Kingsview Wealth Management LLC Takes Position in Marvell Technology, Inc. $MRVL

Posted by Geri Gentry on Aug 30th, 2026

Kingsview Wealth Management LLC bought a new stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,184 shares of the semiconductor company’s stock, valued at approximately $3,629,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Beacon Pointe Advisors LLC bought a new position in Marvell Technology in the second quarter worth approximately $12,064,000. Kimelman & Baird LLC acquired a new position in shares of Marvell Technology during the second quarter worth approximately $71,013,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Marvell Technology during the second quarter worth approximately $157,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of Marvell Technology in the 2nd quarter worth $2,821,000. Finally, Rakuten Investment Management Inc. acquired a new stake in Marvell Technology in the 2nd quarter valued at $76,615,000. 83.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on MRVL shares. HSBC set a $300.00 price objective on shares of Marvell Technology and gave the stock a “buy” rating in a report on Tuesday, May 26th. William Blair reiterated an “outperform” rating on shares of Marvell Technology in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 target price on shares of Marvell Technology in a research report on Thursday, May 28th. Morgan Stanley raised their price target on shares of Marvell Technology from $224.00 to $246.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, Benchmark reiterated 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 issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Marvell Technology presently has an average rating of “Moderate Buy” and a consensus target price of $265.76.

Get Our Latest Research Report on Marvell Technology

Marvell Technology Stock Down 10.3%

MRVL opened at $216.62 on Friday. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88. The company’s 50-day moving average price is $227.22 and its two-hundred day moving average price is $176.56. The stock has a market cap of $189.50 billion, a price-to-earnings ratio of 71.49, a PEG ratio of 1.36 and a beta of 2.24. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.01. The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.72 billion. Marvell Technology had a net margin of 27.93% and a return on equity of 14.22%. Marvell Technology’s quarterly revenue was up 36.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. As a group, equities analysts expect that Marvell Technology, Inc. will post 3.08 earnings per share for the current year.

Marvell Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Friday, July 10th were paid a $0.06 dividend. The ex-dividend date was Friday, July 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s payout ratio is presently 7.92%.

Key Marvell Technology News

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

Positive Sentiment: Marvell reported record fiscal Q2 revenue of $2.74 billion, up 36.5% year over year, while adjusted EPS of $0.94 narrowly exceeded the $0.93 consensus estimate. Data-center revenue jumped 46% to $2.17 billion, highlighting strong AI infrastructure demand. MRVL Q2 Earnings Beat on Data Center Strength, Outlook Raised
Positive Sentiment: Management raised its fiscal 2027 revenue outlook to approximately $12 billion and expects fiscal Q3 EPS of $1.05-$1.15, above the $1.03 analyst estimate. The company also pointed to accelerating custom-chip and networking opportunities across AI data centers. Marvell Q2 Earnings Call Highlights Faster AI Data Center Growth
Positive Sentiment: Several analysts remained constructive: Needham raised its target to $300, Oppenheimer increased its target to $325 and maintained an outperform rating, while Rosenblatt and Needham cited the long-term potential of Marvell’s Google AI-chip relationship. Marvell’s Google AI Chip Deal Could Drive Long-Term Revenue
Neutral Sentiment: Analyst opinion is divided on timing and valuation. TD Cowen raised its target to $245 but retained a hold rating, and B. Riley lowered its target to $315 while keeping a buy rating. Options activity and some analysts view the selloff as a potential buying opportunity.
Negative Sentiment: The immediate catalyst for the decline was disappointment with the longer-term outlook. Investors reportedly learned that meaningful revenue from the Google custom-AI-chip deal may not arrive until fiscal 2029, delaying the payoff from a partnership that had fueled lofty expectations. Marvell Shares Slide Over Timing of Google AI Deal Revenue
Negative Sentiment: At a valuation near 74 times earnings after a surge of more than 180% this year, investors expected a much larger earnings and guidance beat. The narrow quarterly beat therefore failed to justify the premium multiple for some market participants.
Negative Sentiment: Concerns about margins, execution and the competitive custom-silicon market also weighed on sentiment, particularly as management’s fiscal 2028 outlook did not provide enough upside relative to expectations. Marvell Shares Tumble as Outlook Underwhelms
Negative Sentiment: Quiver data showed 22 insider sales and no insider purchases over the past six months, an additional, though not necessarily company-specific, caution signal for investors evaluating the stock’s elevated valuation.

Insider Transactions at Marvell Technology

In other Marvell Technology news, insider Sandeep Bharathi sold 2,231 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the sale, the insider directly owned 55,530 shares of the company’s stock, valued at $16,610,688.90. This represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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, COO Chris Koopmans sold 10,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the transaction, the chief operating officer owned 227,941 shares of the company’s stock, valued at $41,143,350.50. This represents a 4.20% 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 sold 41,981 shares of company stock worth $9,753,132 over the last quarter. 0.12% of the stock is currently owned by corporate insiders.

About Marvell Technology

(Free Report)

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.