
Marvell to Buy Lumentum in $115 Billion Stock Deal; Q3 Revenue Tracks Guidance
Preliminary third-quarter fiscal 2027 revenue was consistent with prior guidance, with the midpoint held and the range narrowed to plus or minus 2%.
Marvell Technology, Inc. · Nasdaq · Semiconductors & Related Devices

Preliminary third-quarter fiscal 2027 revenue was consistent with prior guidance, with the midpoint held and the range narrowed to plus or minus 2%.
| Date | Insider | Trade | Shares | Avg. price | Value |
|---|---|---|---|---|---|
| Oct. 16, 2026 | Sandeep Bharathi President, Data Center Group | Sold 10b5-1 plan | 3,685 | $234.97 | $865,864 |
| Oct. 15, 2026 | Matthew J. Murphy Chairman of the Board and CEO, director | Sold 10b5-1 plan | 7,500 | $235.47 | $1.77 million |
| Oct. 8, 2026 | Justin Scarpulla SVP, Chief Accounting Officer | Sold | 1,100 | $273.59 | $300,949 |
| Oct. 1, 2026 | Chris Koopmans President and COO · indirect | Sold 10b5-1 plan | 10,000 | $262.05 | $2.62 million |
| Sept. 15, 2026 | Matthew J. Murphy Chairman of the Board and CEO, director | Sold 10b5-1 plan | 7,500 | $223.39 | $1.68 million |
| Sept. 1, 2026 | Chris Koopmans President and COO · indirect | Sold 10b5-1 plan | 10,000 | $203.27 | $2.03 million |
| Aug. 17, 2026 | Matthew J. Murphy Chairman of the Board and CEO, director | Sold 10b5-1 plan | 7,500 | $236.08 | $1.77 million |
| Aug. 3, 2026 | Chris Koopmans President and COO · indirect | Sold 10b5-1 plan | 10,000 | $180.50 | $1.80 million |
Open-market purchases and sales reported on SEC Form 4 filed since July 24, 2026; grants, option exercises and shares withheld for tax aren't shown. A trade under a 10b5-1 plan was scheduled in advance. Where a filing was amended, the amendment's figures are shown.
Entry into a material definitive agreement · Financial statements and exhibits
AI summary, unreviewedMarvell Technology to Acquire Lumentum Holdings in All-Stock Merger, With $5.8 Billion Marvell Termination Fee and $3.2 Billion Regulatory Fee
Results of operations and financial condition · Regulation FD disclosure · Financial statements and exhibits
AI summary, unreviewedMarvell to Acquire Lumentum in All-Stock Deal at 23.9% Premium; Marvell Reaffirms Preliminary Fiscal Q3 2027 Revenue Guidance Midpoint
Entry into a material definitive agreement · Financial statements and exhibits
AI summary, unreviewedMarvell Technology Enters $3 Billion Revolving Credit Facility, Up From $1.5 Billion, Undrawn at Signing