Insider Selling: Marvell Technology (NASDAQ:MRVL) EVP Sells 10,000 Shares of Stock

April 22, 2026 by InsiderTrades.com

Key Points

EVP Mark Casper sold 10,000 shares of Marvell on April 17 at an average price of $135.50 for $1.355M, trimming his stake to 35,878 shares (a 21.8% reduction); he also sold additional blocks earlier in April (6,900 on Apr 6, 10,854 on Apr 2 and 7,000 on Apr 1).
Bullish AI narrative and analyst support—reports that Google is in talks to co‑develop custom AI chips with Marvell and RBC’s hike of its price target from $115 to $170 have helped push shares to new highs and driven strong institutional inflows.
Stock and financial snapshot: Marvell recently beat quarterly EPS ($0.80 vs. $0.79), trades near its 52‑week high (~$151–$155) with a market cap of about $132.3B and a PE around 49, and pays a small quarterly dividend of $0.06 (≈0.2% yield).

Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) EVP Mark Casper sold 10,000 shares of Marvell Technology stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $135.50, for a total value of $1,355,000.00. Following the sale, the executive vice president owned 35,878 shares in the company, valued at $4,861,469. This trade represents a 21.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Here's Why the AI Infrastructure Story Is Just Getting Bigger for GOOGL

Mark Casper also recently made the following trade(s):

On Monday, April 6th, Mark Casper sold 6,900 shares of Marvell Technology stock. The stock was sold at an average price of $109.45, for a total value of $755,205.00.
On Thursday, April 2nd, Mark Casper sold 10,854 shares of Marvell Technology stock. The stock was sold at an average price of $107.01, for a total value 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 value of $735,770.00.

Marvell Technology Stock Performance

Shares of MRVL stock opened at $151.31 on Wednesday. The stock has a market capitalization of $132.31 billion, a PE ratio of 49.13, a price-to-earnings-growth ratio of 1.34 and a beta of 1.83. Marvell Technology, Inc. has a 52-week low of $49.78 and a 52-week high of $154.95. The stock's 50-day moving average price is $97.36 and its 200 day moving average price is $89.87. The company has a quick ratio of 1.58, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Why Anthropic's Custom Chip Plans Could Benefit Broadcom

Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share (EPS) 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 analysts' expectations of $2.21 billion. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The firm's revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. As a group, equities research analysts forecast that Marvell Technology, Inc. will post 3.04 EPS for the current year.

Marvell Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Friday, April 10th will be given 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 payout ratio is 7.79%.

Institutional Investors Weigh In On Marvell Technology

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

A number of institutional investors have recently added to or reduced their stakes in MRVL. Intech Investment Management LLC boosted its holdings in Marvell Technology by 3.9% in the 1st quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company's stock valued at $1,772,000 after purchasing an additional 1,085 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in Marvell Technology by 22.7% in the 2nd quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company's stock valued at $1,348,000 after purchasing an additional 3,221 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in Marvell Technology in the 2nd quarter valued at approximately $354,000. Treasurer of the State of North Carolina boosted its holdings in Marvell Technology by 3.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 403,818 shares of the semiconductor company's stock valued at $31,256,000 after purchasing an additional 11,572 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Marvell Technology by 1.0% in the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company's stock valued at $31,855,000 after purchasing an additional 4,060 shares in the last quarter. Hedge funds and other institutional investors own 83.51% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Susquehanna restated a "positive" rating on shares of Marvell Technology in a research report on Tuesday, February 24th. Needham & Company LLC dropped their price target on Marvell Technology from $120.00 to $118.00 and set a "buy" rating on the stock in a research report on Tuesday, February 3rd. Benchmark restated a "buy" rating and issued a $130.00 price target on shares of Marvell Technology in a research report on Tuesday, March 31st. Melius Research upgraded Marvell Technology from a "hold" rating to a "buy" rating and set a $135.00 price target on the stock in a research report on Monday, January 5th. Finally, TD Cowen boosted their price target 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 investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $122.73.

View Our Latest Stock Report on Marvell Technology

Key Headlines Impacting Marvell Technology

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

Positive Sentiment: Reports that Alphabet/Google is in talks with Marvell to co-develop two custom AI chips (an MPU and an inference TPU) drove optimism about a large data‑center design win and helped push shares to new highs. Google talks with Marvell (Reuters)
Positive Sentiment: RBC Capital Markets raised its price target from $115 to $170 and maintained an Outperform rating, providing a high‑profile institutional endorsement that supports further upside. RBC raises target (247WallStreet)
Positive Sentiment: Recent results and commentary show strong AI-driven demand: record revenue (reported ~42% YoY growth) and an FY beat/raise narrative underpin the stock’s momentum as investors price long‑cycle AI infrastructure sales. Marvell rides Google TPU wave (Benzinga)
Positive Sentiment: “Big Money” flows have rotated into Marvell on the AI story, indicating institutional accumulation that can sustain higher prices and narrower spreads. Institutional inflows (FXEmpire)
Neutral Sentiment: Some analysts and outlets have pushed back or sought more confirmation after the Google reports; that creates short‑term volatility and means the move is partly speculative until a formal contract is announced. Analyst pushback / disputed reports (Proactive Investors)
Negative Sentiment: Insider selling: EVP Mark Casper sold 10,000 shares recently (disclosed via SEC filing), which investors often view as a cautionary signal — though insiders sell for many personal reasons. Insider sale (InsiderTrades)
Negative Sentiment: There are lingering concerns about Marvell’s XPU/product-level guidance (some commentary argues the market may be overlooking weaker unit-level guidance amid the Google frenzy), which could cap upside if results/guidance disappoint. Guidance concerns (Seeking Alpha)

Marvell Technology Company Profile

(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.