Key Points
- EVP Mark Casper sold 6,900 shares on April 6 at $109.45 for $755,205, reducing his stake by 40.2% to 10,263 shares (~$1.12M); he also sold 10,854 shares on April 2 and 7,000 shares on April 1.
- NVIDIA’s $2 billion investment and expanded partnership with Marvell around NVLink Fusion, scale-up networking and silicon photonics is a major strategic validation that spurred a rally and heavy options activity.
- Marvell beat quarterly estimates with $0.80 EPS vs. $0.79 and $2.22B revenue (up 22.1% YoY), set Q1 2027 guidance of $0.740–$0.840, and announced a $0.06 quarterly dividend (0.2% yield).
Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) EVP Mark Casper sold 6,900 shares of the company's stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $109.45, for a total transaction of $755,205.00. Following the completion of the transaction, the executive vice president owned 10,263 shares in the company, valued at approximately $1,123,285.35. This represents a 40.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Mark Casper also recently made the following trade(s):
- On Thursday, April 2nd, Mark Casper sold 10,854 shares of Marvell Technology stock. The shares were sold at an average price of $107.01, for a total transaction of $1,161,486.54.
- 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 transaction of $735,770.00.
Marvell Technology Stock Down 0.1%
Marvell Technology stock opened at $109.38 on Wednesday. The firm has a market cap of $95.65 billion, a PE ratio of 35.51, a P/E/G ratio of 0.97 and a beta of 1.83. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.58 and a current ratio of 2.01. The firm's 50 day moving average price is $86.48 and its two-hundred day moving average price is $86.25. Marvell Technology, Inc. has a twelve month low of $48.09 and a twelve month high of $111.89.
Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The company's revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, research analysts predict that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.
Marvell Technology Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 10th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, April 10th. Marvell Technology's dividend payout ratio is currently 7.79%.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on MRVL. JPMorgan Chase & Co. increased their price target on shares of Marvell Technology from $130.00 to $135.00 and gave the stock an "overweight" rating in a research note on Friday, March 6th. Raymond James Financial restated a "strong-buy" rating on shares of Marvell Technology in a research note on Tuesday, January 6th. Evercore restated an "outperform" rating and set a $133.00 price target on shares of Marvell Technology in a research note on Wednesday, March 4th. Susquehanna restated a "positive" rating on shares of Marvell Technology in a research note on Tuesday, February 24th. Finally, Citigroup increased their price target on shares of Marvell Technology from $113.00 to $118.00 and gave the stock a "buy" rating in a research note on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $117.24.
Read Our Latest Stock Analysis on Marvell Technology
Institutional Trading of Marvell Technology
A number of hedge funds have recently bought and sold shares of MRVL. Vanguard Group Inc. boosted its holdings in Marvell Technology by 23.5% in the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company's stock valued at $6,692,830,000 after purchasing an additional 15,166,976 shares during the period. Norges Bank bought a new stake in Marvell Technology in the 4th quarter valued at $895,455,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of Marvell Technology by 4,758.5% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,036,216 shares of the semiconductor company's stock worth $544,603,000 after acquiring an additional 6,891,393 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Marvell Technology by 59.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company's stock worth $1,397,751,000 after acquiring an additional 6,217,952 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in shares of Marvell Technology by 47.0% during the 3rd quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company's stock worth $1,000,689,000 after acquiring an additional 3,805,431 shares during the period. 83.51% of the stock is owned by institutional investors.
Key Marvell Technology News
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: NVIDIA agreed to a $2 billion investment and expanded partnership with Marvell around NVLink Fusion, scale-up networking, optical interconnects and silicon photonics — a major strategic validation, adds ~$2B to Marvell’s balance sheet and increases the likelihood Marvell products will be sold into large NVIDIA-led AI deals. NVIDIA Invests $2B in Marvell
- Positive Sentiment: News of the NVIDIA deal and management’s upbeat guidance triggered unusual, heavy options activity and a powerful rally in MRVL earlier this week — both signs of elevated bullish positioning by traders. Unusual Options Trades
- Neutral Sentiment: Analyst/commentary pieces note MRVL’s strong March performance and continued upside potential, but these are forward-looking and depend on execution of the NVIDIA partnership and integration of recent acquisitions (e.g., Celestial AI). TipRanks Coverage
- Neutral Sentiment: MarketBeat’s roundup highlighted Marvell as a buy-and-hold name in some model portfolios, reflecting broader positive sentiment for data-center and AI suppliers — useful context but not an immediate catalyst. Bridget’s Buys
- Negative Sentiment: Multiple insider sales were disclosed: EVP Mark Casper sold 6,900 shares (about $755k) and COO Chris Koopmans sold 10,000 shares under a pre-arranged Rule 10b5‑1 plan; another report notes an insider sale of ~18,000 shares. Insider sales can signal short-term profit-taking and add near-term selling pressure, though the COO sale was pre-planned which reduces red-flag concerns. Mark Casper SEC filing: Mark Casper SEC — COO filing: Chris Koopmans SEC
- Negative Sentiment: After the big rally, the stock is more vulnerable to short-term profit-taking and heightened volatility (options flow and large insider sales amplify that risk). Several articles pose the question of whether recent strength is already priced in. Benzinga on Rally
About Marvell Technology
(
Get Free Report)
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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