Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report) insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the completion of the transaction, the insider owned 55,199 shares of the company’s stock, valued at approximately $7,195,189.65. The trade was a 54.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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.
Sandeep Bharathi also recently made the following trade(s):
- On Thursday, March 26th, Sandeep Bharathi sold 44,414 shares of Marvell Technology stock. The stock was sold at an average price of $99.61, for a total value of $4,424,078.54.
Marvell Technology Price Performance
Shares of MRVL opened at $133.37 on Friday. The firm has a market cap of $116.63 billion, a price-to-earnings ratio of 43.30, a PEG ratio of 1.22 and a beta of 1.83. The stock has a 50 day moving average of $93.48 and a 200-day moving average of $88.51. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. Marvell Technology, Inc. has a 52 week low of $48.09 and a 52 week high of $138.19.
Marvell Technology Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, April 10th will be given a $0.06 dividend. The ex-dividend date is Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. Marvell Technology’s dividend payout ratio (DPR) is presently 7.79%.
Institutional Trading of Marvell Technology
Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in shares of Marvell Technology by 23.5% in the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after buying an additional 15,166,976 shares in the last quarter. Norges Bank bought a new stake in shares of Marvell Technology in the 4th quarter worth $895,455,000. Ameriprise Financial Inc. raised its stake in shares of Marvell Technology by 59.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock worth $1,397,751,000 after buying an additional 6,217,952 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Marvell Technology by 47.0% in the 3rd quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company’s stock worth $1,000,689,000 after buying an additional 3,805,431 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its stake in shares of Marvell Technology by 111.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company’s stock worth $449,722,000 after buying an additional 3,056,808 shares in the last quarter. 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: Major strategic partnership and capital infusion — Nvidia agreed to invest $2 billion and expand collaboration with Marvell around the NVLink Fusion AI interconnect ecosystem; Marvell is also working with Microsoft and Amazon on custom AI chips, placing it at the center of hyperscaler AI infrastructure demand. Marvell’s AI Role Expands As Nvidia Joins Microsoft And Amazon
- Positive Sentiment: Wall Street momentum — several firms have lifted ratings/targets (Oppenheimer, Stifel, B. Riley and others), citing accelerating AI data-center demand and Marvell’s growing role supplying interconnect and custom chip technology; these upgrades have supported the recent multi‑week price surge. Marvell (MRVL) Stock Surges 22% as Wall Street Raises Price Targets on AI Chip Growth Stifel Raises Marvell’s Target to $140
- Neutral Sentiment: Sector-wide AI strength — peer rallies (e.g., AMD, Nvidia) boost sentiment for AI-levered chip names and likely contributed to inflows into MRVL as investors chase AI exposure. AMD Stock Hits All-Time High in Longest Winning Streak Since 2005. Can It Keep It Going?
- Neutral Sentiment: Industry visibility events — COMPUTEX and keynote appearances (including Marvell) could keep the company in the spotlight and help surface new partner or product news over the coming months. Registration for Keynotes Now Open! Largest-ever COMPUTEX Forum
- Negative Sentiment: Bearish analyst note/downgrade — some research (Seeking Alpha piece) warns the rally may be “hasty” and that Marvell could be slower in parts of the AI race, prompting a downgrade to Hold and sowing caution among momentum traders. Marvell: Slower To AI Race, Hasty Rally – Downgrade To Hold
- Negative Sentiment: Valuation concerns and profit‑taking risk — several articles question whether recent gains (150%+ YTD) already price in perfection, increasing the risk of pullbacks if growth or execution disappoints. Is It Too Late To Consider Marvell Technology (MRVL) After Its 160% One-Year Surge?
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Erste Group Bank assumed coverage on Marvell Technology in a research report on Thursday, April 2nd. They issued a “buy” rating for the company. Bank of America upgraded Marvell Technology from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $90.00 to $110.00 in a research report on Friday, March 6th. Zacks Research upgraded Marvell Technology from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Benchmark restated a “buy” rating and set a $130.00 price objective on shares of Marvell Technology in a research report on Tuesday, March 31st. Finally, TD Cowen boosted their price objective on Marvell Technology from $85.00 to $90.00 and gave the company a “hold” rating in a research report on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus target price of $121.06.
Read Our Latest Stock Analysis on Marvell Technology
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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