In a filing, Marvell Technology Inc revealed its Chief Financial Officer Meintjes Willem A unloaded Company’s shares for reported $0.1 million on Jun 16 ’25. In the deal valued at $68.52 per share,1,500 shares were sold. As a result of this transaction, Meintjes Willem A now holds 121,348 shares worth roughly $8.55 million.
Then, Dixon Panteha sold 1,283 shares, generating $87,886 in total proceeds. Upon selling the shares at $68.50, the Chief Accounting Officer now owns 29,572 shares.
Before that, WILLEM MEINTJES bought 1,500 shares. Marvell Technology Inc shares valued at $102,780 were divested by the Officer at a price of $68.52 per share.
China Renaissance initiated its Marvell Technology Inc [MRVL] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late May has reiterated a ‘”a Buy”‘ rating for it. Redburn Atlantic began covering MRVL with “Neutral” recommendation on May 28, 2025. Melius revised its rating on May 22, 2025. It rated MRVL as “a Hold” which previously was an “a Buy”.
Price Performance Review of MRVL
On Monday, Marvell Technology Inc [NASDAQ:MRVL] saw its stock jump 4.81% to $70.42. Over the last five days, the stock has gained 1.85%. Marvell Technology Inc shares have fallen nearly -36.24% since the year began. Nevertheless, the stocks have fallen -4.01% 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.
Levels Of Support And Resistance For MRVL Stock
The 24-hour chart illustrates a support level at 68.55, which if violated will result in even more drops to 66.67. On the upside, there is a resistance level at 71.79. A further resistance level may holdings at 73.15.