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 $38480.22.
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 $5.66 million.
TD Cowen reiterated its Marvell Technology Inc [MRVL] rating to a Buy in a research note published on May 30, 2025; the price target was $70. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in late May with a ‘”a Neutral”‘ rating. Melius also remained covering MRVL and has decreased its forecast on May 22, 2025 with a “Hold” recommendation from previously “Buy” rating. Cantor Fitzgerald revised its rating on May 07, 2025. It rated MRVL as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of MRVL
On Monday, Marvell Technology Inc [NASDAQ:MRVL] saw its stock jump 2.13% to $61.47. Over the last five days, the stock has gained 1.29%. Marvell Technology Inc shares have fallen nearly -44.35% since the year began. Nevertheless, the stocks have fallen -18.88% 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 $59.79, while 200 days put it at $83.14.
Levels Of Support And Resistance For MRVL Stock
The 24-hour chart illustrates a support level at 59.90, which if violated will result in even more drops to 58.33. On the upside, there is a resistance level at 62.67. A further resistance level may holdings at 63.87. The Relative Strength Index (RSI) on the 14-day chart is 49.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.15%. Stochastics %K at 34.59% indicates the stock is a holding.
