<div id="readability-page-1"><p>Marvell Technology, Inc. (NASDAQ:MRVL - Get Free Report) CFO Willem A. Meintjes sold 1,500 shares of the firm's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $64.75, for a total value of $97,125.00. Following the transaction, the chief financial officer now owns 122,848 shares in the company, valued at approximately $7,954,408. This represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.</p><div><p><span></span><span>Get <strong>Marvell Technology</strong> alerts:</span></p></div><h2>Marvell Technology Stock Down 1.1%</h2><ul><li>MarketBeat Week in Review – 04/14 - 04/18</li></ul><p>Shares of MRVL traded down $0.70 during mid-day trading on Thursday, hitting $65.20. 9,947,544 shares of the company traded hands, compared to its average volume of 14,008,192. The business has a 50 day moving average of $60.44 and a 200 day moving average of $88.95. The company has a market capitalization of $56.32 billion, a PE ratio of -38.35, a price-to-earnings-growth ratio of 1.61 and a beta of 1.83. The company has a quick ratio of 1.11, a current ratio of 1.60 and a debt-to-equity ratio of 0.30. Marvell Technology, Inc. has a 1-year low of $47.09 and a 1-year high of $127.48. </p><h2>Marvell Technology Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Friday, April 11th were issued a $0.06 dividend. The ex-dividend date  was Friday, April 11th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.37%. Marvell Technology's dividend payout ratio  is currently -23.53%. </p><h2>Institutional Investors Weigh In On Marvell Technology</h2><ul><li>Marvell Gets Tariff Lifeline But Expect More Volatility</li></ul><p>Institutional investors and hedge funds have recently made changes to their positions in the stock. Intrepid Financial Planning Group LLC raised its stake in  Marvell Technology by 0.3% during the fourth quarter. Intrepid Financial Planning Group LLC now owns 25,890 shares of the semiconductor company's stock worth $2,860,000 after purchasing an additional 90 shares during the period.  PDS Planning Inc grew its stake in shares of  Marvell Technology by 3.3% in the 4th quarter. PDS Planning Inc now owns 2,888 shares of the semiconductor company's stock valued at $319,000 after buying an additional 92 shares during the period.  Lodestone Wealth Management LLC increased its holdings in shares of  Marvell Technology by 2.0% during the 4th quarter. Lodestone Wealth Management LLC now owns 4,655 shares of the semiconductor company's stock worth $514,000 after buying an additional 93 shares during the last quarter.  Valley National Advisers Inc. increased its holdings in shares of  Marvell Technology by 0.4% during the 4th quarter. Valley National Advisers Inc. now owns 25,135 shares of the semiconductor company's stock worth $2,775,000 after buying an additional 96 shares during the last quarter.  Finally, Private Trust Co. NA raised its position in shares of  Marvell Technology by 2.7% during the 4th quarter. Private Trust Co. NA now owns 3,744 shares of the semiconductor company's stock valued at $414,000 after buying an additional 97 shares during the period. 83.51% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Wall Street Analysts Forecast Growth</h2><p>MRVL has been the topic of several recent research reports. William Blair upgraded shares of Marvell Technology to a &#34;strong-buy&#34; rating in a report on Wednesday, February 5th. Citigroup lowered their price target on shares of Marvell Technology from $122.00 to $96.00 and set a &#34;buy&#34; rating for the company in a research report on Friday, April 11th. Bank of America dropped their price objective on shares of Marvell Technology from $120.00 to $72.00 and set a &#34;buy&#34; rating on the stock in a research note on Wednesday, April 16th. Stifel Nicolaus reduced their price objective on shares of Marvell Technology from $115.00 to $80.00 and set a &#34;buy&#34; rating for the company in a research note on Thursday, April 17th. Finally, Loop Capital upgraded Marvell Technology from a &#34;hold&#34; rating to a &#34;buy&#34; rating and set a $110.00 target price for the company in a report on Thursday, March 6th. Four investment analysts have rated the stock with a hold rating, twenty-two have assigned  a buy rating and two have issued  a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $111.27.</p><ul><li>Top 2 Stocks to Ride the AI Boom Without NVIDIA</li></ul><p><b>Check Out Our Latest Stock Analysis on MRVL</b></p><h2>Marvell Technology Company Profile</h2> (Get Free Report)<p>Marvell Technology, Inc, together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.</p><h2>Read More</h2><ul><li>Five stocks we like better than Marvell Technology</li><li>What Are Treasury Bonds?</li><li>Walmart Stock Alert: Big Price Move Expected Soon</li><li>What Are Dividend Challengers?</li><li>An Acquisition Just Made Dick's the Most Exciting Stock in Retail</li><li>Stock Dividend Cuts Happen Are You Ready?</li><li>Microsoft and OpenAI Just Hit Reset—Here’s Why MSFT Stock Wins</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVJWTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVJWTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Marvell Technology Right Now?</h2><p>Before you consider Marvell Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marvell Technology wasn't on the list.</p><p>While Marvell Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MRVL

<p>Marvell Technology, Inc. CFO Willem A. Meintjes sold 1,500 shares at $64.75 each, totaling $97,125, reducing his stake by 1.21%. Post-sale, he holds 122,848 shares valued at approximately $7.95 million. The transaction was filed with the SEC. Marvell's stock recently traded down 1.1% to $65.20, with a market cap of $56.32 billion. The company also declared a quarterly dividend of $0.06. Institutional investors hold 83.51% of the stock, and analysts have mixed ratings, with several maintaining a buy rating despite recent price target reductions.</p>

Insider Selling: Marvell Technology, Inc. (NASDAQ:MRVL) CFO Sells 1,500 Shares of Stock