Marvell Technology Inc’s recent filing unveils that its Former Affiliate Hussain Muhammad Raghib acquired Company’s shares for reported $5.91 million on Jun 20 ’25. In the deal valued at $75.51 per share,78,324 shares were bought.
Then, Meintjes Willem A sold 1,500 shares, generating $102,780 in total proceeds. Upon selling the shares at $68.52, the Chief Financial Officer now owns 121,348 shares.
Before that, Dixon Panteha sold 1,283 shares. Marvell Technology Inc shares valued at $87,886 were divested by the Chief Accounting Officer at a price of $68.50 per share. As a result of the transaction, Dixon Panteha now holds 29,572 shares, worth roughly $2.25 million.
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 Tuesday, Marvell Technology Inc [NASDAQ:MRVL] saw its stock fall -1.50% to $76.24. Over the last five days, the stock has gained 1.37%. Marvell Technology Inc shares have risen nearly 10.93% since the year began. Nevertheless, the stocks have fallen -30.97% 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 74.93, which if violated will result in even more drops to 73.61. On the upside, there is a resistance level at 77.67. A further resistance level may holdings at 79.09.
How much short interest is there in Marvell Technology Inc?
A steep rise in short interest was recorded in Marvell Technology Inc stocks on 2025-06-13, dropping by -2.65 million shares to a total of 23.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 26.04 million shares. There was a decline of -11.35%, which implies that there is a negative sentiment for the stock.
