Insider Selling: Marvell Technology (NASDAQ:MRVL) CFO Sells $632,272.50 in Stock

Marvell Technology, Inc. (NASDAQ:MRVL) CFO Daniel Durn sold 2,250 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total transaction of $632,272.50. Following the completion of the transaction, the chief financial officer owned 6,902 shares in the company, valued at $1,939,531.02. The trade was a 24.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Marvell Technology Trading Up 1.6%

Shares of Marvell Technology stock opened at $281.26 on Friday. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $329.88. The company’s fifty day simple moving average is $214.11 and its 200-day simple moving average is $132.36. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.28 and a quick ratio of 2.66. The stock has a market capitalization of $246.05 billion, a PE ratio of 96.32, a P/E/G ratio of 1.81 and a beta of 2.29.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. Marvell Technology had a return on equity of 13.83% and a net margin of 28.99%.The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period in the prior year, the business posted $0.62 EPS. Marvell Technology’s revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities analysts anticipate that Marvell Technology, Inc. will post 3.07 earnings per share for the current year.

Marvell Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Friday, July 10th will be given a $0.06 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. Marvell Technology’s dividend payout ratio is presently 8.22%.

Institutional Trading of Marvell Technology

Large investors have recently added to or reduced their stakes in the company. Basecamp Wealth Advisors LLC grew its holdings in shares of Marvell Technology by 12.9% in the first quarter. Basecamp Wealth Advisors LLC now owns 1,198 shares of the semiconductor company’s stock valued at $119,000 after purchasing an additional 137 shares in the last quarter. PVG Asset Management Corp raised its stake in Marvell Technology by 271.4% during the first quarter. PVG Asset Management Corp now owns 19,900 shares of the semiconductor company’s stock valued at $1,971,000 after purchasing an additional 14,542 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its stake in Marvell Technology by 16.4% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 41,759 shares of the semiconductor company’s stock valued at $4,136,000 after purchasing an additional 5,870 shares in the last quarter. Alpine Woods Capital Investors LLC lifted its position in Marvell Technology by 30.7% during the first quarter. Alpine Woods Capital Investors LLC now owns 10,018 shares of the semiconductor company’s stock valued at $992,000 after purchasing an additional 2,355 shares during the last quarter. Finally, Glenmede Trust Co. NA lifted its position in Marvell Technology by 29.4% during the first quarter. Glenmede Trust Co. NA now owns 567,402 shares of the semiconductor company’s stock valued at $56,201,000 after purchasing an additional 128,980 shares during the last quarter. Institutional investors own 83.51% of the company’s stock.

Analysts Set New Price Targets

MRVL has been the subject of a number of recent research reports. TD Cowen boosted their price objective on Marvell Technology from $180.00 to $200.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. The Goldman Sachs Group set a $180.00 price objective on shares of Marvell Technology in a research note on Thursday, May 28th. Melius Research set a $220.00 price objective on shares of Marvell Technology in a research report on Monday, May 18th. Wells Fargo & Company lifted their target price on shares of Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Finally, Stifel Nicolaus increased their price target on Marvell Technology from $321.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $233.68.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Bank of America boosted its price target to $365 and reiterated a Buy rating, reinforcing the bullish case for Marvell’s AI-driven growth. BofA raises Marvell price target
• Positive Sentiment: Marvell declared a quarterly dividend, which can support investor confidence and signals ongoing capital returns to shareholders. Marvell declares quarterly dividend
• Positive Sentiment: Recent coverage continues to frame Marvell as a major beneficiary of AI infrastructure spending, with analysts pointing to continued upside in networking, optics, and custom silicon. Zacks on AI networking expansion
• Neutral Sentiment: Short interest data showed no meaningful change in the latest update, so it does not appear to be a major near-term trading catalyst. Short interest update
• Negative Sentiment: Marvell CFO Daniel Durn sold 2,250 shares, which may slightly pressure sentiment despite the sale being relatively small versus his remaining holdings. SEC insider transaction filing

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.