Mark Casper Sells 5,000 Shares of Marvell Technology (NASDAQ:MRVL) Stock

Marvell Technology, Inc. (NASDAQ:MRVL) EVP Mark Casper sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $93.08, for a total value of $465,400.00. Following the transaction, the executive vice president owned 19,418 shares of the company’s stock, valued at $1,807,427.44. This represents a 20.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, December 5th, Mark Casper sold 1,253 shares of Marvell Technology stock. The stock was sold at an average price of $101.00, for a total value of $126,553.00.

Marvell Technology Stock Performance

MRVL stock traded down $3.59 during mid-day trading on Wednesday, reaching $84.64. The company had a trading volume of 17,189,492 shares, compared to its average volume of 19,455,570. Marvell Technology, Inc. has a one year low of $47.08 and a one year high of $127.48. The stock has a market capitalization of $71.78 billion, a P/E ratio of 29.70, a P/E/G ratio of 0.87 and a beta of 1.95. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28. The stock’s 50-day simple moving average is $87.85 and its two-hundred day simple moving average is $80.52.

Marvell Technology (NASDAQ:MRVL) last released its quarterly earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.74 by $0.02. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The business had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.06 billion. During the same quarter in the prior year, the firm earned $0.43 earnings per share. The company’s quarterly revenue was up 36.8% on a year-over-year basis. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Research analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current year.

Marvell Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Friday, January 9th will be paid a $0.06 dividend. The ex-dividend date is Friday, January 9th. This represents a $0.24 annualized dividend and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio (DPR) is presently 8.42%.

Marvell Technology announced that its board has authorized a share buyback plan on Wednesday, September 24th that allows the company to buyback $5.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to reacquire up to 7.8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Melius Research raised Marvell Technology from a “hold” rating to a “buy” rating and set a $135.00 target price on the stock in a research note on Monday. Needham & Company LLC raised their price target on Marvell Technology from $95.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, December 3rd. Cantor Fitzgerald set a $100.00 price objective on shares of Marvell Technology in a report on Tuesday, December 16th. Summit Insights upgraded shares of Marvell Technology from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Finally, Summit Redstone set a $105.00 target price on shares of Marvell Technology in a research note on Wednesday, October 15th. Four analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $116.03.

Institutional Investors Weigh In On Marvell Technology

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Game Plan Financial Advisors LLC bought a new position in shares of Marvell Technology during the 2nd quarter valued at about $27,000. Atlantic Edge Private Wealth Management LLC lifted its stake 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. Kiker Wealth Management LLC lifted its stake in Marvell Technology by 374.7% during the second quarter. Kiker Wealth Management LLC now owns 356 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares during the last quarter. Nova Wealth Management Inc. boosted its holdings in Marvell Technology by 3,922.2% during the third quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock worth $30,000 after buying an additional 353 shares in the last quarter. Finally, Westside Investment Management Inc. grew its position in Marvell Technology by 62.5% in the second quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock worth $32,000 after buying an additional 160 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

Trending Headlines about Marvell Technology

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

• Positive Sentiment: Melius Research upgraded MRVL to Buy and set a higher price target, signaling stronger analyst conviction in Marvell’s growth prospects. Marvell Raised to Buy at Melius Research
• Positive Sentiment: Melius also published a bullish $135 target (calls out accelerating custom silicon demand), highlighting material upside vs. the current level. Melius Sets $135 Target on Marvell
• Positive Sentiment: Rosenblatt reaffirmed a Buy and maintained a $120 target, echoing bullish analyst sentiment that AI/data center demand should drive revenue. Rosenblatt Reaffirms Buy on Marvell
• Positive Sentiment: JPMorgan commentary coupled with Marvell’s CEO saying AI bookings are “on fire” points to strong demand in data‑center and AI networking products, supporting longer‑term revenue growth. Marvell CEO Says AI Bookings Are ‘On Fire’
• Neutral Sentiment: Unusual volume in out‑of‑the‑money put options has drawn attention—some traders are hedging or speculating near the deal and recent run; other analysts argue the shares may actually be materially undervalued. Unusual Volume in Marvell Put Options
• Neutral Sentiment: Analyst and equity‑research pieces (Seeking Alpha, others) highlight Marvell as a beneficiary of rising memory prices and the AI data path opportunity—positive thesis but more thematic than event‑driven. Marvell and Astera Labs: Winners From Surging Memory Prices
• Neutral Sentiment: Novel data points such as an AI model’s short‑term price projection are circulating but offer limited actionable signal versus company fundamentals and macro demand. ChatGPT Price Prediction for Marvell
• Negative Sentiment: Marvell announced a $540M deal to acquire XConn Technologies to boost AI/data‑center connectivity. The market reacted with selling—investors may be concerned about near‑term dilution, integration risk or that the deal doesn’t justify the prior valuation stretch. Marvell to buy XConn for $540M
• Negative Sentiment: Reports note the stock fell following the XConn announcement, suggesting short‑term profit‑taking and event‑driven selling pressure even though the transaction is strategic. Marvell Stock Falls After XConn Acquisition

Marvell Technology Company Profile

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.