Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report) EVP Mark Casper sold 10,854 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $107.01, for a total value of $1,161,486.54. Following the sale, the executive vice president directly owned 4,023 shares of the company’s stock, valued at $430,501.23. This represents a 72.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Mark Casper also recently made the following trade(s):
- On Wednesday, April 1st, Mark Casper sold 7,000 shares of Marvell Technology stock. The shares were sold at an average price of $105.11, for a total value of $735,770.00.
- On Monday, January 5th, Mark Casper sold 5,000 shares of Marvell Technology stock. The stock was sold at an average price of $93.08, for a total value of $465,400.00.
Marvell Technology Stock Up 0.4%
NASDAQ MRVL traded up $0.40 on Thursday, reaching $107.11. The company had a trading volume of 23,624,605 shares, compared to its average volume of 18,282,500. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The company’s fifty day moving average is $84.38 and its 200 day moving average is $85.10. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $107.84. The stock has a market capitalization of $93.66 billion, a P/E ratio of 34.78, a P/E/G ratio of 0.90 and a beta of 1.82.
Marvell Technology Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 10th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, April 10th. Marvell Technology’s dividend payout ratio is presently 7.79%.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on MRVL. Jefferies Financial Group boosted their target price on Marvell Technology from $80.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, December 3rd. KeyCorp lifted their price target on Marvell Technology from $90.00 to $130.00 and gave the stock an “overweight” rating in a report on Wednesday, December 3rd. The Goldman Sachs Group boosted their price objective on Marvell Technology from $80.00 to $90.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. Summit Insights raised Marvell Technology from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Finally, Oppenheimer reiterated an “outperform” rating and set a $150.00 target price (up from $115.00) on shares of Marvell Technology in a research note on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $117.24.
Check Out Our Latest Report on Marvell Technology
Hedge Funds Weigh In On Marvell Technology
Several institutional investors and hedge funds have recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new stake in shares of Marvell Technology in the fourth quarter valued at $25,000. Jessup Wealth Management Inc bought a new position in shares of Marvell Technology during the 4th quarter worth $25,000. Cherry Tree Wealth Management LLC purchased a new stake in Marvell Technology in the 4th quarter worth about $26,000. Atlantic Edge Private Wealth Management LLC increased its holdings in Marvell Technology by 160.0% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Finally, MidFirst Bank bought a new stake in Marvell Technology in the 4th quarter valued at about $28,000. 83.51% of the stock is owned by institutional investors.
Key Stories Impacting Marvell Technology
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: NVIDIA $2B investment and NVLink Fusion partnership — Nvidia’s $2B equity stake and joint work on NVLink Fusion, silicon photonics and AI‑RAN links Marvell into Nvidia’s AI ecosystem, increasing TAM exposure for Marvell’s custom XPUs and networking chips and strengthening long‑term data‑center demand. Marvell Gets Nvidia’s $2B ‘Vote of Confidence’: Analysts Strike a Bullish Chord
- Positive Sentiment: Analyst backing and higher targets — Bank of America raised its price target to $125 and reiterated Buy; Benchmark reaffirmed Buy with a $130 target; Erste initiated coverage with a Buy. These upgrades reflect investor confidence that the Nvidia alliance accelerates Marvell’s AI infrastructure growth. Bank of America raises Marvell Technology price target on Nvidia partnership
- Positive Sentiment: Q4 results validated momentum — Recent quarterly results beat revenue and EPS expectations, showed strong year‑over‑year revenue growth and set Q1 guidance that kept investors comfortable about near‑term execution, supporting the stock’s rally. Marvell Technology (MRVL): Buy, Sell, or Hold Post Q4 Earnings?
- Neutral Sentiment: Coverage moves and sentiment shifts — Zacks upgraded Marvell from “strong sell” to “hold” and other outlets (Seeking Alpha, Motley Fool, Zacks features) are analyzing the Nvidia tie‑up; this broad media coverage can increase attention and flows but also raises expectations. Can MRVL’s Integration With NVIDIA be the Next Growth Engine?
- Negative Sentiment: Geopolitical risk can create volatility — Recent headlines about Iran and related geopolitical warnings have pressured chip and high‑growth tech stocks, which could cap short‑term gains for Marvell despite company‑specific positives. Chip Stocks Fall After Trump Iran Warning
About Marvell Technology
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.
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