Daniel Durn Sells 2,250 Shares of Marvell Technology (NASDAQ:MRVL) Stock

Marvell Technology, Inc. (NASDAQ:MRVL) CFO Daniel Durn sold 2,250 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total value of $632,272.50. Following the transaction, the chief financial officer owned 6,902 shares in the company, valued at $1,939,531.02. This trade represents a 24.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Marvell Technology Price Performance

Shares of NASDAQ MRVL opened at $275.40 on Thursday. The firm has a market cap of $240.92 billion, a PE ratio of 94.32, a PEG ratio of 1.83 and a beta of 2.29. The firm has a fifty day moving average of $211.16 and a 200 day moving average of $131.08. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.66 and a current ratio of 3.28. Marvell Technology, Inc. has a one year low of $61.44 and a one year high of $329.88.

Marvell Technology (NASDAQ:MRVL) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same period last year, the firm posted $0.62 earnings per share. The company’s revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts predict that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Hilton Head Capital Partners LLC increased its holdings in shares of Marvell Technology by 978.3% in the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 225 shares during the last quarter. Jessup Wealth Management Inc acquired a new position in Marvell Technology during the fourth quarter worth $25,000. Laurel Wealth Advisors LLC purchased a new stake in Marvell Technology in the 4th quarter valued at $25,000. Cherry Tree Wealth Management LLC purchased a new stake in Marvell Technology in the 4th quarter valued at $26,000. Finally, Pittenger & Anderson Inc. increased its stake in shares of Marvell Technology by 61.5% in the 1st quarter. Pittenger & Anderson Inc. now owns 315 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 120 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Needham & Company LLC lifted their price objective on Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Barclays raised their target price on Marvell Technology from $150.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Citigroup lifted their price target on Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Susquehanna boosted their price target on Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a research report on Tuesday, May 26th. Finally, KGI Securities raised Marvell Technology from a “neutral” rating to an “outperform” rating and set a $110.00 price objective for the company in a research note on Friday, March 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $233.68.

More Marvell Technology News

Here are the key news stories impacting Marvell Technology this week:

• Positive Sentiment: Bank of America and KeyBanc both raised their price targets on Marvell, reflecting confidence in the company’s AI networking and data-center growth opportunity. Benzinga report
• Positive Sentiment: Coverage continues to emphasize Marvell’s role in AI infrastructure, especially its networking and bandwidth solutions, which supports the stock’s recent rally. Insider Monkey article
• Neutral Sentiment: Several articles note that Marvell’s huge run-up in 2026 means the stock may already be pricing in much of the AI optimism, which could limit near-term upside if growth expectations cool. Yahoo Finance article
• Negative Sentiment: CFO Daniel Durn sold 2,250 shares, a small insider sale that may slightly temper sentiment even though it does not change the broader bullish thesis. SEC filing

Marvell Technology Company Profile

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.