Marvell Technology (NASDAQ:MRVL) CFO Willem Meintjes Sells 30,000 Shares

April 17, 2026 by InsiderTrades.com

Key Points

CFO Willem Meintjes sold 30,000 shares on April 15 at an average price of $134.01 for about $4.02 million under a pre‑arranged Rule 10b5‑1 plan to cover tax withholding on vested equity, reducing his stake by 16.29% to 154,111 shares.
Marvell shares have surged on AI‑related momentum — including a strategic $2 billion investment from Nvidia and multiple analyst upgrades — lifting the stock toward its 12‑month high, though analysts warn valuation and profit‑taking risks after the large YTD gains.
The company recently beat quarterly estimates (EPS $0.80, revenue $2.22B, revenue +22.1% YoY), set Q1 2027 guidance of $0.740–0.840 EPS, and announced a $0.06 quarterly dividend (annualized $0.24, ~0.2% yield).

Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) CFO Willem Meintjes sold 30,000 shares of the business's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $134.01, for a total value of $4,020,300.00. Following the transaction, the chief financial officer directly owned 154,111 shares of the company's stock, valued at approximately $20,652,415.11. The trade was a 16.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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.

Marvell Technology Stock Down 0.9%

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Shares of NASDAQ MRVL opened at $133.37 on Friday. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. The company 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. Marvell Technology, Inc. has a 12 month low of $48.09 and a 12 month high of $138.19. The stock has a 50-day moving average price of $93.48 and a two-hundred day moving average price of $88.51.

Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The business's quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, analysts forecast that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

MarketBeat Week in Review – 04/06 - 04/10

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, April 10th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. Marvell Technology's dividend payout ratio is currently 7.79%.

Institutional Trading of Marvell Technology

Several institutional investors have recently added to or reduced their stakes in MRVL. Vanguard Group Inc. boosted its holdings in Marvell Technology by 23.5% in the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company's stock valued at $6,692,830,000 after acquiring an additional 15,166,976 shares during the last quarter. Norges Bank bought a new stake in Marvell Technology in the fourth quarter valued at approximately $895,455,000. Ameriprise Financial Inc. boosted its holdings in Marvell Technology by 59.7% in the third quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company's stock valued at $1,397,751,000 after acquiring an additional 6,217,952 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Marvell Technology by 47.0% in the third quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company's stock valued at $1,000,689,000 after acquiring an additional 3,805,431 shares during the last quarter. Finally, Rafferty Asset Management LLC boosted its holdings in Marvell Technology by 111.0% in the second quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company's stock valued at $449,722,000 after acquiring an additional 3,056,808 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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Several research analysts have recently issued reports on the company. Royal Bank Of Canada upped their price objective on Marvell Technology from $105.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, March 2nd. Stifel Nicolaus upped their price objective on Marvell Technology from $120.00 to $140.00 and gave the company a "buy" rating in a research note on Thursday. TD Cowen upped their price objective on Marvell Technology from $85.00 to $90.00 and gave the company a "hold" rating in a research note on Friday, March 6th. Cantor Fitzgerald upped their price objective on Marvell Technology from $100.00 to $120.00 and gave the company a "neutral" rating in a research note on Thursday, April 9th. Finally, Susquehanna reaffirmed a "positive" rating on shares of Marvell Technology in a research note on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $121.06.

Read Our Latest Stock Report on Marvell Technology

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?

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.