12,112 Shares in Marvell Technology, Inc. $MRVL Bought by WealthPlan Investment Management LLC

Posted by Brian Himes on Oct 15th, 2026

WealthPlan Investment Management LLC purchased a new stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 12,112 shares of the semiconductor company’s stock, valued at approximately $3,200,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MRVL. Hilton Head Capital Partners LLC lifted its holdings in shares of Marvell Technology by 978.3% during the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 225 shares during the period. C M Bidwell & Associates Ltd. acquired a new position in Marvell Technology during the second quarter worth $27,000. MidFirst Bank acquired a new stake in Marvell Technology in the fourth quarter valued at $28,000. Aberdeen Wealth Management LLC acquired a new position in shares of Marvell Technology during the 2nd quarter worth $30,000. Finally, Marquette Asset Management LLC purchased a new stake in Marvell Technology during the third quarter worth about $30,000. 83.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on MRVL shares. Needham & Company LLC boosted their price target on Marvell Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. Oppenheimer reiterated an “outperform” rating and issued a $425.00 price objective on shares of Marvell Technology in a research report on Wednesday, October 7th. Citigroup upped their price target on shares of Marvell Technology from $225.00 to $275.00 and gave the company a “buy” rating in a report on Friday, August 21st. Seaport Research Partners started coverage on Marvell Technology in a research note on Tuesday, September 22nd. They issued a “buy” rating and a $270.00 target price on the stock. Finally, Wells Fargo & Company upped their price objective on Marvell Technology from $310.00 to $365.00 and gave the company an “overweight” rating in a research report on Wednesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $327.36.

Read Our Latest Stock Analysis on Marvell Technology

Marvell Technology Trading Down 4.0%

NASDAQ:MRVL traded down $9.71 during mid-day trading on Thursday, reaching $235.57. The company’s stock had a trading volume of 14,521,726 shares, compared to its average volume of 27,486,777. Marvell Technology, Inc. has a twelve month low of $70.68 and a twelve month high of $329.88. The company’s fifty day simple moving average is $240.34 and its two-hundred day simple moving average is $215.00. 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 has a market cap of $206.57 billion, a P/E ratio of 77.60, a P/E/G ratio of 8.01 and a beta of 2.26.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last released its 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 business had revenue of $2.74 billion for 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% on a year-over-year basis. During the same period last year, the company earned $0.67 earnings per share. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, equities analysts predict that Marvell Technology, Inc. will post 3.05 EPS for the current year.

Marvell Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be issued a $0.06 dividend. 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 dividend payout ratio (DPR) is presently 7.92%.

Insider Transactions at Marvell Technology

In other news, CAO Justin Scarpulla sold 1,100 shares of Marvell Technology stock in a transaction dated 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 directly owned 909 shares of the company’s stock, valued at $248,693.31. The trade was a 54.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Matthew Murphy sold 7,500 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the sale, the chief executive officer directly owned 775,686 shares of the company’s stock, valued at approximately $173,280,495.54. This trade represents a 0.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 46,100 shares of company stock worth $10,205,174 in the last three months. 0.12% of the stock is currently owned by company insiders.

More Marvell Technology News

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

Positive Sentiment: Marvell raised its fiscal 2028 revenue target to approximately $20 billion, above the roughly $18.2 billion consensus estimate, and outlined a potential $70 billion–$90 billion revenue opportunity by fiscal 2031. Those targets reinforce the long-term growth case for custom silicon, connectivity and optical products. Marvell Raises Its 2028 Revenue Target to $20 Billion
Positive Sentiment: The company introduced new 3.2-terabit protocol-aware retimer and 1.6-terabit active electrical-cable DSP products, expanding its connectivity portfolio for AI data centers. Marvell also formed a hardware-security standards group with Microsoft and Oracle and unveiled six-channel CXL memory expansion solutions. Marvell Bolsters Connectivity Portfolio
Positive Sentiment: Analyst commentary remains broadly supportive, highlighting consistent revenue growth, Marvell’s exposure to custom AI silicon and a potentially expanding Microsoft AI-chip opportunity. Erste Group also raised its fiscal 2028 earnings estimate to $6.10 per share from $5.38, although it maintained a Hold rating. Marvell: Buy For The Connectivity, Stay For The Custom Silicon
Neutral Sentiment: Marvell’s optical business could become a significant long-term growth driver, but current results have not yet fully reflected that opportunity, leaving investors dependent on future execution. Marvell’s Optical Business Could Win Long Term
Negative Sentiment: A hotter-than-expected inflation reading and signs of slowing Anthropic revenue growth extended the technology and AI selloff, weighing on Marvell along with other semiconductor stocks. Stocks That Explain Today’s Market
Negative Sentiment: After rising more than 200% in 2026, Marvell faces profit-taking and valuation concerns. Commentary increasingly contrasts the stock’s premium with Broadcom’s larger, more diversified and cash-generative business. Insider-selling reports add another near-term overhang. Take Profits on MRVL Stock or Hold On

Marvell Technology Profile

(Free Report)

Marvell Technology, Inc (NASDAQ: MRVL) is a fabless semiconductor company that develops technologies for data infrastructure. Its products are used to move, process, store and secure data across cloud data centers, enterprise networks, telecommunications systems, automotive platforms and other communications applications.

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