Insider Selling: Marvell Technology (NASDAQ:MRVL) COO Sells $2,032,700.00 in Stock

September 3, 2026 by InsiderTrades.com

Key Points

Marvell COO Chris Koopmans sold 10,000 shares for approximately $2.03 million at an average price of $203.27 under a pre-arranged Rule 10b5-1 plan. He retained 217,941 shares valued at roughly $44.3 million.
Marvell reported quarterly revenue of $2.74 billion, up 36.5% year over year, and EPS of $0.94, narrowly exceeding analyst expectations. Data-center revenue increased 46%, supported by demand for AI infrastructure.
Despite the insider sale, analysts maintain a consensus “Moderate Buy” rating with an average price target of $265.76, while institutional investors own 83.51% of the company.

Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) COO Chris Koopmans sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $203.27, for a total transaction of $2,032,700.00. Following the transaction, the chief operating officer owned 217,941 shares of the company's stock, valued at approximately $44,300,867.07. This represents a 4.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Broadcom’s Earnings Test Comes With a Higher Bar After NVIDIA’s Blowout

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

On Monday, August 3rd, Chris Koopmans sold 10,000 shares of Marvell Technology stock. The stock was sold at an average price of $180.50, for a total value of $1,805,000.00.
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 value of $2,819,200.00.

Marvell Technology Stock Down 1.9%

Marvell Technology stock opened at $206.48 on Thursday. The company has a 50 day moving average of $222.55 and a 200-day moving average of $179.95. The company has a quick ratio of 2.62, a current ratio of 3.17 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a twelve month low of $61.44 and a twelve month high of $329.88. The stock has a market capitalization of $181.06 billion, a PE ratio of 68.15, a price-to-earnings-growth ratio of 1.22 and a beta of 2.25.

MarketBeat Week in Review – 08/24 - 08/28

Marvell Technology (NASDAQ:MRVL - Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.01. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.72 billion. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%.The company's revenue for the quarter was up 36.5% on a year-over-year basis. During the same quarter last year, the business posted $0.67 EPS. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, equities research analysts anticipate that Marvell Technology, Inc. will post 3.03 EPS for the current fiscal year.

Marvell Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology's dividend payout ratio (DPR) is currently 7.92%.

Hedge Funds Weigh In On Marvell Technology

Marvell’s Big AI Test Comes One Day After NVIDIA’s Blowout Quarter

A number of large investors have recently made changes to their positions in MRVL. California State Teachers Retirement System boosted its position in shares of Marvell Technology by 29,523.4% in the second quarter. California State Teachers Retirement System now owns 385,108,617 shares of the semiconductor company's stock valued at $114,720,006,000 after acquiring an additional 383,808,601 shares during the period. BlackRock Inc. raised its stake in Marvell Technology by 34.1% in the 2nd quarter. BlackRock Inc. now owns 85,641,174 shares of the semiconductor company's stock worth $25,511,649,000 after purchasing an additional 21,798,190 shares in the last quarter. Norges Bank bought a new stake in Marvell Technology in the 4th quarter valued at about $895,455,000. Bank of America Corp DE bought a new stake in Marvell Technology in the 2nd quarter valued at about $2,607,795,000. Finally, Legal & General Group Plc acquired a new position in shares of Marvell Technology during the 2nd quarter worth approximately $1,742,526,000. Institutional investors own 83.51% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Bank of America increased their price objective on shares of Marvell Technology from $240.00 to $365.00 and gave the stock a "buy" rating in a research note on Tuesday, June 23rd. Scotiabank started coverage on Marvell Technology in a report on Tuesday, May 26th. They set an "outperform" rating on the stock. The Goldman Sachs Group set a $220.00 price target on Marvell Technology in a research report on Friday, August 28th. Craig Hallum boosted their price target on Marvell Technology from $217.00 to $300.00 and gave the stock a "buy" rating in a research report on Friday, August 28th. Finally, DA Davidson set a $225.00 price objective on Marvell Technology in a research note on Tuesday, August 18th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $265.76.

Check Out Our Latest Analysis on MRVL

Marvell Technology News Roundup

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

Positive Sentiment: Marvell reported record quarterly revenue of approximately $2.74 billion, up 36.5% year over year, and adjusted earnings of $0.94 per share, slightly ahead of expectations. Data-center revenue rose 46% to roughly $2.17 billion, reinforcing the strength of demand for AI infrastructure. Marvell’s Data Center Machine Keeps Rewriting Its Own Forecast
Positive Sentiment: Management raised its multiyear revenue outlook by about $1.5 billion, while quarterly guidance also exceeded estimates. The expanded relationship with Alphabet’s Google and continued hyperscaler spending support the longer-term AI custom-chip and connectivity opportunity. Marvell Beat and Raised Guidance
Positive Sentiment: Marvell plans to acquire Celestial AI, adding photonics technology aimed at faster optical connectivity in AI data centers. The move could broaden Marvell’s addressable market as bandwidth requirements increase. Why Is Marvell Pushing Deeper Into AI Photonics?

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.