Marvell Technology Inc’s recently made public that its EVP & Chief Legal Officer Casper Mark unloaded Company’s shares for reported $38249.0 on May 19 ’25. In the deal valued at $61.10 per share,626 shares were sold. As a result of this transaction, Casper Mark now holds 626 shares worth roughly $39951.32.
Then, MARK CASPER bought 626 shares, generating $39,914 in total proceeds.
Before that, Koopmans Chris sold 6,000 shares. Marvell Technology Inc shares valued at $390,600 were divested by the Chief Operating Officer at a price of $65.10 per share. As a result of the transaction, Koopmans Chris now holds 92,065 shares, worth roughly $5.88 million.
Melius downgraded its Marvell Technology Inc [MRVL] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who decreased its forecast for the stock in early May from “an Overweight” to “a Neutral”. Loop Capital also remained covering MRVL and has increased its forecast on March 06, 2025 with a “Buy” recommendation from previously “Hold” rating. TD Cowen maintained its rating on March 06, 2025. It rated MRVL as “a Buy”.
Price Performance Review of MRVL
On Tuesday, Marvell Technology Inc [NASDAQ:MRVL] saw its stock jump 5.16% to $63.82. Over the last five days, the stock has gained 2.01%. Marvell Technology Inc shares have fallen nearly -42.22% since the year began. Nevertheless, the stocks have fallen -13.38% over the past one year. While a 52-week high of $127.48 was reached on 01/23/25, a 52-week low of $47.08 was recorded on 04/07/25. SMA at 50 days reached $60.37, while 200 days put it at $83.12.
Levels Of Support And Resistance For MRVL Stock
The 24-hour chart illustrates a support level at 62.35, which if violated will result in even more drops to 60.87. On the upside, there is a resistance level at 65.41. A further resistance level may holdings at 66.99. The Relative Strength Index (RSI) on the 14-day chart is 54.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.27%. Stochastics %K at 59.99% indicates the stock is a holding.
