Gagnon Securities LLC Purchases New Position in Marvell Technology, Inc. $MRVL

Posted by Brenda Bartman on Nov 12th, 2026

Gagnon Securities LLC purchased a new stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm purchased 3,232 shares of the semiconductor company’s stock, valued at approximately $854,000.

A number of other hedge funds have also recently added to or reduced their stakes in MRVL. Paradigm Asset Management Co. LLC bought a new stake in Marvell Technology in the third quarter worth approximately $238,000. King Luther Capital Management Corp bought a new position in shares of Marvell Technology during the 3rd quarter valued at $1,235,000. New Mexico Educational Retirement Board bought a new position in shares of Marvell Technology during the 3rd quarter valued at $11,520,000. CFM Wealth Partners LLC bought a new position in shares of Marvell Technology during the 3rd quarter valued at $9,783,000. Finally, Maryland State Retirement & Pension System acquired a new stake in shares of Marvell Technology in the 3rd quarter valued at $14,031,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Analyst Upgrades and Downgrades

MRVL has been the subject of a number of recent research reports. KeyCorp reiterated an “overweight” rating on shares of Marvell Technology in a report on Wednesday, October 7th. TD Cowen lowered Marvell Technology from a “buy” rating to a “hold” rating and cut their target price for the company from $350.00 to $175.00 in a report on Tuesday, November 3rd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $325.00 price target on shares of Marvell Technology in a research report on Wednesday, October 7th. B. Riley Financial reduced their price target on Marvell Technology from $275.00 to $250.00 and set a “buy” rating for the company in a research report on Monday. Finally, Bank of America downgraded Marvell Technology from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $400.00 to $225.00 in a research note on Tuesday, November 3rd. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus target price of $300.09.

View Our Latest Stock Report on Marvell Technology

Insider Buying and Selling at Marvell Technology

In other news, CAO Justin Scarpulla sold 1,100 shares of the firm’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $273.59, for a total transaction of $300,949.00. Following the completion of the transaction, the chief accounting officer directly owned 909 shares of the company’s stock, valued at approximately $248,693.31. This trade represents a 54.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Sandeep Bharathi sold 3,685 shares of Marvell Technology stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $234.97, for a total value of $865,864.45. Following the sale, the insider directly owned 58,748 shares in the company, valued at $13,804,017.56. The trade was 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. Over the last quarter, insiders sold 57,285 shares of company stock worth $12,901,763. Corporate insiders own 0.12% of the company’s stock.

Latest Marvell Technology News

Here’s some of the latest news about MRVL:

Positive Sentiment: A broad rebound in AI-linked stocks provided the main near-term lift, with investors buying the dip after last week’s sector weakness. Marvell’s exposure to data-center chips and optical connectivity added to the appeal. Article: What’s Going On With Marvell Technology Stock Wednesday?
Neutral Sentiment: The rebound may be a recovery from a sharp selloff rather than confirmation of a lasting trend change. Recent strength in data-center demand supports the AI-growth case, but there was no single new company-specific catalyst reported. Article: Marvell Technology stock is rising: Is this a dead cat bounce or a real recovery?
Negative Sentiment: The $115 billion all-stock Lumentum deal remains a substantial execution and valuation risk. A report citing merger specialists put the odds of closing at roughly 50%, while other coverage noted that Marvell’s valuation already assumes significant future growth. Article: Marvell’s $115 Billion Lumentum Deal Faces 50-50 Odds

Marvell Technology Stock Up 9.3%

MRVL stock opened at $168.80 on Thursday. Marvell Technology, Inc. has a twelve month low of $70.68 and a twelve month high of $329.88. The company has a market cap of $148.02 billion, a PE ratio of 55.71, a price-to-earnings-growth ratio of 4.61 and a beta of 2.32. The business’s 50-day simple moving average is $231.09 and its 200 day simple moving average is $185.39. 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 posted its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%. The firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same quarter in the prior year, the firm posted $0.67 EPS. The company’s revenue for the quarter was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, research analysts anticipate 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. Shareholders of record on Friday, October 9th were paid 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 currently 7.92%.

About Marvell Technology

(Free Report)

Marvell Technology is a fabless semiconductor company that develops data infrastructure chips and related technologies. Its products include networking and Ethernet chips, storage controllers, processors, optical and connectivity solutions, and custom silicon used in data centers, carrier networks, enterprise systems, and other applications. The company’s products help move, store, process, and secure data across cloud and telecommunications infrastructure. Marvell serves customers around the world, including equipment makers and technology companies that incorporate its semiconductors into their systems.