Marvell Technology (NASDAQ:MRVL) Insider Sandeep Bharathi Sells 2,231 Shares

Marvell Technology, Inc. (NASDAQ:MRVL) insider Sandeep Bharathi sold 2,231 shares of Marvell Technology stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the completion of the sale, the insider directly owned 55,530 shares of the company’s stock, valued at approximately $16,610,688.90. This trade represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sandeep Bharathi also recently made the following trade(s):

• On Thursday, April 16th, Sandeep Bharathi sold 66,892 shares of Marvell Technology stock. The shares were sold at an average price of $130.35, for a total transaction of $8,719,372.20.
• On Thursday, March 26th, Sandeep Bharathi sold 44,414 shares of Marvell Technology stock. The shares were sold at an average price of $99.61, for a total transaction of $4,424,078.54.

Marvell Technology Trading Up 3.9%

MRVL opened at $289.54 on Thursday. Marvell Technology, Inc. has a 1-year low of $61.44 and a 1-year high of $324.20. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. The company has a market cap of $253.29 billion, a P/E ratio of 99.16, a price-to-earnings-growth ratio of 1.83 and a beta of 2.29. The company has a fifty day moving average price of $193.56 and a two-hundred day moving average price of $123.95.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share for the quarter, meeting the consensus estimate of $0.80. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business’s revenue was up 27.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.62 earnings per share. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. Analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Analysts Set New Price Targets

MRVL has been the subject of several recent research reports. Roth Mkm boosted their target price on shares of Marvell Technology from $135.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Barclays boosted their target price on shares of Marvell Technology from $150.00 to $275.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Susquehanna boosted their target price on shares of Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a research report on Tuesday, May 26th. TD Cowen boosted their target price on shares of Marvell Technology from $180.00 to $200.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. Finally, Erste Group Bank initiated coverage on shares of Marvell Technology in a research report on Thursday, April 2nd. They set a “buy” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Marvell Technology currently has an average rating of “Moderate Buy” and an average target price of $224.68.

Key Headlines Impacting Marvell Technology

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

• Positive Sentiment: Nvidia CEO Jensen Huang’s comments and reports of a $2 billion AI chip alliance have lifted sentiment, reinforcing Marvell’s position as a key supplier in AI data-center infrastructure. Marvell Gains Attention After Nvidia Backing
• Positive Sentiment: Analysts raised Marvell’s price target by $105, signaling stronger Wall Street confidence in the company’s growth outlook and AI-driven earnings potential. Analyst Raises Marvell Technology (MRVL) Price Target by $105. Here is Why
• Positive Sentiment: Marvell continues to forecast booming sales from custom chips, suggesting that demand from hyperscalers and AI customers remains strong. Marvell Forecasting Booming Sales for Custom Chips
• Positive Sentiment: Marvell is set to join the S&P 500 on June 22, which could trigger buying from passive funds and ETFs. Marvell, Flex Could Be Days Away From Massive Passive-Fund Tailwind
• Neutral Sentiment: Several recent articles argue the stock is richly valued or “priced for perfection,” which may temper upside even as the AI story remains intact. Marvell: A Great Franchise Priced For Perfection
• Neutral Sentiment: Technical commentary suggests the stock is still in a strong uptrend near highs, but may pause for consolidation after a sharp run. Why Is Marvell Technology Stock Gaining Thursday?
• Negative Sentiment: One insider sale was disclosed, though it was tied to a 10b5-1 plan and tax withholding, so it looks more routine than concerning. Insider trade disclosure

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MRVL. Vanguard Group Inc. boosted its holdings in Marvell Technology by 23.5% during the third quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock worth $6,692,830,000 after purchasing an additional 15,166,976 shares during the last quarter. Norges Bank bought a new stake in shares of Marvell Technology during the 4th quarter worth $895,455,000. Ameriprise Financial Inc. boosted its holdings in shares of Marvell Technology by 59.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock worth $1,397,751,000 after buying an additional 6,217,952 shares during the last quarter. Franklin Resources Inc. grew its position in Marvell Technology by 47.0% during the third quarter. Franklin Resources Inc. now owns 11,903,051 shares of the semiconductor company’s stock valued at $1,000,689,000 after buying an additional 3,805,431 shares during the period. Finally, Rafferty Asset Management LLC grew its position in Marvell Technology by 111.0% during the second quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company’s stock valued at $449,722,000 after buying an additional 3,056,808 shares during the period. 83.51% of the stock is currently owned by hedge funds and other institutional investors.

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.