Marvell Technology (NASDAQ:MRVL) COO Chris Koopmans Sells 10,000 Shares

Key Points

  • COO Chris Koopmans sold 10,000 shares on May 1 at an average price of $162.76 (≈$1.63M) under a pre‑arranged Rule 10b5‑1 plan, trimming his stake by about 4.55% to 209,592 shares.
  • Marvell beat Q results with $0.80 EPS and $2.22B revenue (up 22.1% YoY), and recent AI‑infrastructure catalysts—including a reported $2B strategic investment from Nvidia and cloud design wins—helped drive a sharp rally in the stock.
  • Despite the momentum, valuation is elevated (market cap ~$143.1B, P/E ~53.1) and the MarketBeat consensus is a Moderate Buy with an average price target of $125, highlighting potential upside but also valuation risk.

Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) COO Chris Koopmans sold 10,000 shares of the company's stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $162.76, for a total transaction of $1,627,600.00. Following the completion of the transaction, the chief operating officer owned 209,592 shares of the company's stock, valued at approximately $34,113,193.92. The trade was a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chris Koopmans also recently made the following trade(s):

  • On Monday, April 6th, Chris Koopmans sold 10,000 shares of Marvell Technology stock. The stock was sold at an average price of $110.24, for a total transaction of $1,102,400.00.

Marvell Technology Stock Down 0.8%

Shares of MRVL stock opened at $163.66 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58. Marvell Technology, Inc. has a one year low of $53.78 and a one year high of $170.84. The company's fifty day moving average price is $108.68 and its 200-day moving average price is $93.39. The company has a market capitalization of $143.11 billion, a price-to-earnings ratio of 53.14, a PEG ratio of 1.49 and a beta of 2.25.




Marvell Technology (NASDAQ:MRVL - Get Free Report) last issued its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. Marvell Technology had a net margin of 32.58% and a return on equity of 14.22%. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter in the prior year, the firm posted $0.60 EPS. Marvell Technology's quarterly revenue was up 22.1% compared to the same quarter last year. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. Sell-side analysts expect that Marvell Technology, Inc. will post 3.04 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were paid a $0.06 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. Marvell Technology's dividend payout ratio is 7.79%.

Institutional Trading of Marvell Technology

Hedge funds have recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new position in shares of Marvell Technology during the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC increased its position in Marvell Technology by 978.3% in the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 225 shares during the last quarter. Jessup Wealth Management Inc purchased a new stake in Marvell Technology during the fourth quarter valued at $25,000. Cherry Tree Wealth Management LLC purchased a new stake in Marvell Technology during the fourth quarter valued at $26,000. Finally, Atlantic Edge Private Wealth Management LLC lifted its position in Marvell Technology by 160.0% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 200 shares during the last quarter. 83.51% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Marvell Technology

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

Analysts Set New Price Targets

Several research analysts have weighed in on MRVL shares. Morgan Stanley upped their price target on Marvell Technology from $95.00 to $103.00 and gave the stock an "equal weight" rating in a research note on Friday, March 6th. Raymond James Financial reissued a "strong-buy" rating on shares of Marvell Technology in a report on Tuesday, January 6th. KGI Securities upgraded shares of Marvell Technology from a "neutral" rating to an "outperform" rating and set a $110.00 target price for the company in a research report on Friday, March 6th. Erste Group Bank initiated coverage on shares of Marvell Technology in a research note on Thursday, April 2nd. They set a "buy" rating for the company. Finally, Rosenblatt Securities lifted their price target on shares of Marvell Technology from $115.00 to $140.00 and gave the company a "buy" rating in a report on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $125.00.

Read Our Latest Analysis on Marvell Technology

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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