Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) COO Chris Koopmans sold 10,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the transaction, the chief operating officer owned 227,941 shares of the company's stock, valued at $41,143,350.50. The trade was a 4.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through 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 Wednesday, July 1st, Chris Koopmans sold 10,000 shares of Marvell Technology stock. The shares were sold at an average price of $281.92, for a total transaction of $2,819,200.00.
- On Monday, June 1st, Chris Koopmans sold 10,000 shares of Marvell Technology stock. The shares were sold at an average price of $205.87, for a total transaction of $2,058,700.00.
Marvell Technology Stock Performance
Shares of MRVL stock opened at $193.77 on Tuesday. Marvell Technology, Inc. has a 1 year low of $61.44 and a 1 year high of $329.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. The stock has a fifty day moving average price of $242.94 and a 200 day moving average price of $157.73. The stock has a market cap of $169.51 billion, a PE ratio of 66.36, a P/E/G ratio of 1.17 and a beta of 2.24.
Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same period in the prior year, the business earned $0.62 earnings per share. The company's quarterly revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Sell-side analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.
Marvell Technology Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology's payout ratio is 8.22%.
Analyst Upgrades and Downgrades
A number of research firms recently commented on MRVL. Citigroup increased their price objective on Marvell Technology from $118.00 to $215.00 and gave the company a "buy" rating in a research note on Tuesday, May 26th. HSBC set a $300.00 target price on shares of Marvell Technology and gave the company a "buy" rating in a report on Tuesday, May 26th. Wells Fargo & Company raised their price target on shares of Marvell Technology from $195.00 to $240.00 and gave the stock an "overweight" rating in a research note on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $240.00 price objective on shares of Marvell Technology in a research report on Thursday, May 28th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Marvell Technology in a research note on Wednesday, June 24th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Marvell Technology has an average rating of "Moderate Buy" and a consensus target price of $245.45.
Read Our Latest Research Report on Marvell Technology
Trending Headlines about Marvell Technology
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Marvell will showcase AI memory and storage solutions designed for agentic AI inference at FMS 2026. The presentation could reinforce the company’s positioning in the growing AI data-center market. Marvell to Showcase Advanced AI Memory and Storage Infrastructure Portfolio
- Positive Sentiment: Marvell announced a $250 million investment in India to expand semiconductor and AI research and development, including plans to roughly double its local workforce and expand facilities in Bangalore and Hyderabad. The investment supports future growth in AI, cloud and data infrastructure. Marvell Is Putting $250 Million Into India
- Positive Sentiment: Brokerage coverage remains broadly constructive, with Marvell receiving a consensus “Moderate Buy” rating. This may help support investor confidence despite recent volatility. Marvell Receives Consensus Rating of Moderate Buy
- Neutral Sentiment: Marvell scheduled its fiscal second-quarter 2027 results conference call for August 27 and announced an investor day for October 6. These events could provide updated guidance on AI demand, growth and margins, but offer no immediate financial results. Marvell Announces Earnings Call and Investor Day
- Negative Sentiment: Semiconductor stocks broadly weakened amid concerns about increased competition from China, creating sector-level pressure on MRVL. Reports also highlighted technical weakness and investor focus on upcoming earnings targets. Marvell Technology Stock Is Falling Monday
- Negative Sentiment: Chief Operating Officer Chris Koopmans sold 10,000 shares worth approximately $1.8 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, reducing its signaling value, but insider selling can still weigh modestly on sentiment. SEC Insider Trading Filing
Institutional Trading of Marvell Technology
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Intech Investment Management LLC increased its position in Marvell Technology by 3.9% during the first quarter. Intech Investment Management LLC now owns 28,784 shares of the semiconductor company's stock worth $1,772,000 after purchasing an additional 1,085 shares during the last quarter. Baird Financial Group Inc. raised its stake in Marvell Technology by 22.7% during the second quarter. Baird Financial Group Inc. now owns 17,417 shares of the semiconductor company's stock worth $1,348,000 after purchasing an additional 3,221 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of Marvell Technology in the 2nd quarter valued at $354,000. Treasurer of the State of North Carolina boosted its holdings in shares of 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 during the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Marvell Technology by 1.0% during the 2nd quarter. Alliancebernstein L.P. now owns 411,569 shares of the semiconductor company's stock valued at $31,855,000 after buying an additional 4,060 shares during the period. Hedge funds and other institutional investors own 83.51% of the company's stock.
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.
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