TB Alternative Assets Ltd. acquired a new position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 116,140 shares of the semiconductor company’s stock, valued at approximately $30,685,000. Marvell Technology accounts for approximately 6.4% of TB Alternative Assets Ltd.’s holdings, making the stock its 6th biggest holding.
A number of other hedge funds have also bought and sold shares of the company. C M Bidwell & Associates Ltd. acquired a new position in Marvell Technology in the second quarter valued at $27,000. Aberdeen Wealth Management LLC bought a new stake in Marvell Technology during the second quarter valued at $30,000. Tompkins Financial Corp acquired a new stake in Marvell Technology during the 2nd quarter worth about $31,000. LifeSteps Financial Inc. acquired a new stake in Marvell Technology during the 2nd quarter worth about $32,000. Finally, Marquette Asset Management LLC acquired a new stake in Marvell Technology during the 3rd quarter worth about $30,000. Institutional investors own 83.51% of the company’s stock.
More Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Marvell’s investor-day outlook remains a major potential catalyst. The company is targeting approximately $18 billion in annual revenue, supported by rising demand for custom AI silicon, optical connectivity and data-center infrastructure. Marvell’s New $18 Billion Revenue Target Could be a Game-Changer
- Positive Sentiment: Marvell introduced six-channel CXL memory expansion technology, 224G-per-lane connectivity and an Open Compute Project security initiative with Microsoft and Oracle. These developments could strengthen its position in AI data centers and hyperscale infrastructure. Marvell Technology Forms Security Group and Unveils Six Channel AI Memory
- Positive Sentiment: Erste Group Bank increased its earnings-per-share forecast for MRVL, indicating improving analyst confidence in the company’s growth prospects. MRVL Stock Gets Increased EPS Forecast from Erste Group Bank
- Neutral Sentiment: Commentary comparing Marvell with Broadcom and Astera Labs highlights its focused exposure to custom silicon, networking and AI infrastructure. That exposure offers significant growth potential but also leaves the stock more sensitive to data-center spending and competitive developments. Better Artificial Intelligence Stock for 2026: Astera Labs vs. Marvell Technology
- Negative Sentiment: A hotter-than-expected U.S. inflation reading and rising interest-rate expectations triggered a broad technology and AI-stock sell-off. High-growth semiconductor companies such as Marvell are particularly vulnerable because higher rates reduce the appeal of richly valued future earnings. Intel, Marvell, CoreWeave, TSMC, Apple, and More Stocks That Explain Today’s Market
- Negative Sentiment: Recent volatility reflects profit-taking and valuation concerns after a sharp rally. With MRVL trading at a high earnings multiple, investors appear to require continued execution on its ambitious AI revenue targets, while the optical business may take longer to materially contribute. Should You Buy the Dip in Marvell Stock?
Insiders Place Their Bets
In other Marvell Technology news, CAO Justin Scarpulla sold 1,100 shares of the stock in a transaction that occurred on 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 owned 909 shares in the company, valued at approximately $248,693.31. This represents a 54.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew Murphy sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $223.39, for a total value of $1,675,425.00. Following the completion of the sale, the chief executive officer directly owned 775,686 shares of the company’s stock, valued at $173,280,495.54. This trade represents a 0.96% 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. Over the last quarter, insiders have sold 46,100 shares of company stock worth $10,205,174. Corporate insiders own 0.12% of the company’s stock.
Marvell Technology Price Performance
Shares of NASDAQ MRVL opened at $241.24 on Friday. The firm’s 50-day moving average price is $240.96 and its 200-day moving average price is $216.03. Marvell Technology, Inc. has a 1-year low of $70.68 and a 1-year high of $329.88. The firm has a market capitalization of $211.54 billion, a P/E ratio of 79.62, a P/E/G ratio of 7.31 and a beta of 2.26. 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 (NASDAQ:MRVL – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. The company 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 business’s revenue was up 36.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Equities research analysts anticipate that Marvell Technology, Inc. will post 3.05 earnings per share for the current fiscal year.
Marvell Technology Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Friday, October 9th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Friday, October 9th. Marvell Technology’s dividend payout ratio is 7.92%.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the company. Evercore reissued an “outperform” rating and issued a $433.00 price objective on shares of Marvell Technology in a research report on Tuesday, October 6th. Barclays restated an “overweight” rating on shares of Marvell Technology in a research report on Thursday, August 20th. Seaport Research Partners started coverage on Marvell Technology in a research note on Tuesday, September 22nd. They set a “buy” rating and a $270.00 target price for the company. Wolfe Research lifted their target price on Marvell Technology from $280.00 to $375.00 and gave the stock an “outperform” rating in a report on Wednesday, October 7th. Finally, Weiss Ratings raised Marvell Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Marvell Technology currently has a consensus rating of “Moderate Buy” and a consensus price target of $327.36.
Check Out Our Latest Stock Report on MRVL
About Marvell Technology
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.
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