Marachel Knight Sells Shares of Marvell Technology
Marachel Knight sold 3,940 shares of Marvell Technology on June 13, 2026.
Key Points
- Marachel Knight sold 3,940 shares of Marvell Technology on June 13, 2026, with the stock at $279.6.
- Marvell Technology has a market cap of $244.7 billion, a P/E ratio of 96.1, and trades between $61.44 and $324.2 over 52 weeks.
- Analysts from firms like Rosenblatt and B. Riley Securities maintain a 'buy' rating, with price targets up to $345.
Marachel Knight sold 3,940 shares of Marvell Technology, Inc. (NasdaqGS: MRVL) on June 13, 2026. The transaction comes as the stock trades at $279.6. This sale was not part of a pre-planned trading program.
Other Institutional Activity in Marvell Technology
FMR LLC increased its holdings in Marvell Technology by 4,438,241 shares, bringing its total to 131,255,670 shares, valued at approximately $13 billion. BlackRock, Inc. also grew its stake, adding 4,036,492 shares for a total of 63,842,984 shares worth about $6.32 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC each hold significant positions, with 39,105,225 and 33,218,111 shares respectively. State Street Corp added 503,590 shares, ending with 23,338,406 shares valued at $2.31 billion.
Marvell Technology Stock Snapshot
Shares of NasdaqGS:MRVL traded near $279.6. Marvell Technology boasts a market cap of $244.7 billion and a P/E ratio of 96.1, with a forward P/E of 45.3. The stock's 52-week range is between $61.44 and $324.2, and it has a beta of 2.277. The company's 50-day moving average is $183.00, with a 200-day moving average of $108.52. Marvell maintains a current ratio of 3.278 and a quick ratio of 2.51, with a debt-to-equity ratio of 28.97.
Recent Earnings
Marvell Technology reported revenue of $8.72 billion, with a growth rate of 27.6%. The company's earnings per share stood at $2.91, while its net margin was 28.99%. Return on equity was reported at 16.03%. The next earnings release is scheduled for August 27, 2026.
Dividend
Marvell Technology pays an annual dividend rate of $0.24, yielding 0.09%. The dividend payout ratio is 8.25%.
Insider Buying and Selling at Marvell Technology, Inc.
On June 13, 2026, several insiders engaged in transactions involving Marvell Technology shares. Buss Brad sold 3,940 shares, while Brown Tudor, Buss Brad, Wallace Richard, and Knight Marachel each purchased 3,940 shares.
Analysts Set New Price Targets
On June 12, 2026, Rosenblatt maintained a 'buy' rating on Marvell Technology with a price target of $240. B. Riley Securities also maintained a 'buy' rating and set a target of $345. UBS, Citigroup, Barclays, JP Morgan, Jefferies, and Roth Capital have all recently reiterated 'buy' ratings with various price targets.
About Marvell Technology
Marvell Technology, Inc. is a semiconductor company based in Wilmington, Delaware. It develops data infrastructure solutions for sectors like data centers and communications. The company designs system-on-a-chip architectures and offers a range of Ethernet solutions, processors, and application-specific integrated circuits. Marvell serves clients globally, including in the U.S., China, and India. Founded in 1995, Marvell employs around 7,480 people and is led by CEO Matthew J. Murphy.
Bottom Line
Marachel Knight's recent sale of Marvell Technology shares highlights insider activity at the semiconductor giant. Investors keep a close eye on such transactions as they can provide insights into insider sentiments. It's important to remember that 13F filings and insider trades are backward-looking and may not represent current holdings or intentions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.