KD Logo

Marvell Technology Inc [MRVL] EVP & Chief Legal Officer makes an insider sale of 626 shares worth 38,249.

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 $38,249 were sold by Casper Mark on May 19 ’25. At $61.10 per share, Casper Mark sold 626 shares. The insider’s holdings dropped to 626 shares worth approximately $38718.1 following the completion of this transaction.

Also, MARK CASPER purchased 626 shares, netting a total of over 39,914 in proceeds.

Before that, Koopmans Chris had sold 6,000 shares from its account. In a trade valued at $390,600, the Chief Operating Officer traded Marvell Technology Inc shares for $65.10 each. Upon closing the transaction, the insider’s holdings decreased to 6,000 shares, worth approximately $5.69 million.

As published in a research note from Melius on May 22, 2025, Marvell Technology Inc [MRVL] has been rated down from a Buy to a Hold and the price target has been revised to $66. Analysts at Cantor Fitzgerald downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early May. As of March 06, 2025, Loop Capital has increased its “Hold” rating to a “Buy” for MRVL. Earlier on March 06, 2025, TD Cowen resumed 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 -5.14%. Over the course of the year, Marvell Technology Inc shares have dropped approximately -44.00%. 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.

Support And Resistance Levels for Marvell Technology Inc (MRVL)

According to the 24-hour chart, there is a support level at 59.83, which, if violated, would cause prices to drop to 57.80. In the upper region, resistance lies at 63.37. The next price resistance is at 64.88. RSI (Relative Strength Index) is 50.97 on the 14-day chart, showing neutral technical sentiment.

Most Popular