Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Marvell Technology Inc shares valued at $90,000 were purchased by WILLEM MEINTJES on May 01 ’25. At $60.00 per share, WILLEM MEINTJES acquired 1,500 shares.
Also, Casper Mark sold 12,460 shares, netting a total of over 685,300 in proceeds. Following the sale of shares at $55.00 each, the insider now holds 0 shares.
Before that, MARK CASPER had added 12,460 shares to its account. In a trade valued at $630,725, the Officer bought Marvell Technology Inc shares for $50.62 each.
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 surge of approximately 6.31%. Over the course of the year, Marvell Technology Inc shares have dropped approximately -44.82%. Shares of the company reached a 52-week high of $127.48 on 01/23/25 and a 52-week low of $47.08 on 04/07/25. A 50-day SMA is recorded $67.79, while a 200-day SMA reached $83.34.
Support And Resistance Levels for Marvell Technology Inc (MRVL)
According to the 24-hour chart, there is a support level at 59.55, which, if violated, would cause prices to drop to 58.16. In the upper region, resistance lies at 62.06. The next price resistance is at 63.18. RSI (Relative Strength Index) is 51.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.38, which suggests the price will increase in the coming days. Percent R is at 6.06%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
