Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Marvell Technology Inc shares valued at $207,000 were purchased by Buss Brad W on Mar 07 ’25. At $69.00 per share, Buss Brad W acquired 3,000 shares. The insider’s holdings grew to 87,113 shares worth approximately $5.99 million following the completion of this transaction.
Also, Koopmans Chris sold 6,000 shares, netting a total of over 638,100 in proceeds. Following the sale of shares at $106.35 each, the insider now holds 87,931 shares.
Before that, Meintjes Willem A had sold 1,500 shares from its account. In a trade valued at $159,525, the Chief Financial Officer traded Marvell Technology Inc shares for $106.35 each. Upon closing the transaction, the insider’s holdings decreased to 1,500 shares, worth approximately $7.91 million.
As published in a research note from Loop Capital on March 06, 2025, Marvell Technology Inc [MRVL] has been rated up from a Hold to a Buy and the price target has been revised to $110. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in early March. As of March 06, 2025, Summit Insights has decreased its “Buy” rating to a “Hold” for MRVL. Earlier on January 27, 2025, Melius initiated its rating. Their recommendation was “a Buy” for MRVL stock.
Analyzing MRVL Stock Performance
During the last five days, there has been a drop of approximately -4.87%. Over the course of the year, Marvell Technology Inc shares have dropped approximately -37.75%. Shares of the company reached a 52-week high of $127.48 on 01/23/25 and a 52-week low of $63.65 on 03/10/25. A 50-day SMA is recorded $104.51, while a 200-day SMA reached $85.37.
Support And Resistance Levels for Marvell Technology Inc (MRVL)
According to the 24-hour chart, there is a support level at 67.08, which, if violated, would cause prices to drop to 65.40. In the upper region, resistance lies at 71.01. The next price resistance is at 73.26. RSI (Relative Strength Index) is 29.88 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -13.13, which suggests the price will decrease in the coming days. Percent R is at 87.54%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
