Marvell Technology (MRVL) Insider Knight Sells 3,940 Shares
Insider Sandeep Bharathi sold 2,482 shares of Marvell Technology on June 15, while other insiders recently purchased shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Marachel Knight sold 3,940 shares of Marvell Technology, Inc. ($MRVL) on June 13, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $MRVL is up 10.1% after 1 week, down 22.2% after 1 month and down 18.5% to date (from the $279.57 close on Jun 12, 2026).
MRVL
Marvell Technology, Inc.
Key Points
- On June 15, Sandeep Bharathi sold 2,482 shares of Marvell Technology at a price of $308.88, totaling about $766,640.
- Analysts have a strong buy rating for Marvell Technology, with targets ranging from $300 to $450.
- Recent insider activity shows a mix of buying and selling, indicating continued interest in the stock.
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Sandeep Bharathi Sells Shares of Marvell Technology
On June 15, Sandeep Bharathi, the President of the Data Center Group at Marvell Technology, Inc. (NasdaqGS: MRVL), sold 2,482 shares at a price of $308.88. This transaction was valued at approximately $766,640. The sale was reported in a transaction that occurred amid a backdrop of other insiders actively buying shares of the company.
A Shift in Insider Activity
Bharathi's sale comes as a part of a broader trend among insiders at Marvell. On June 25, Sara Andrews purchased 1,034 shares, while Rajiv Ramaswami acquired 3,082 shares on the same day. These transactions suggest a mixed sentiment among insiders, with some opting to sell while others are increasing their stakes in the company.
Institutional Insights
No recent data is available on other institutional investors changing their positions in Marvell Technology.
How Marvell Technology, Inc. Stock Has Traded
Marvell Technology's stock is currently trading at $308.88, reflecting a significant climb from its 52-week low of $70.69. The stock has approached its 52-week high of $329.88, indicating strong market interest. Analysts' targets suggest further upside, with the consensus price target averaging around $339.36.
Recent Earnings
For the quarter ended June 30, 2026, Marvell reported revenue of approximately $9.45 billion, reflecting a growth rate of 36.5%. The company's earnings per share (EPS) stood at $3.04, with a net margin of 27.9%. The next earnings report is scheduled for December 1, 2026.
Analysts Set New Price Targets
On October 7, 2026, various firms maintained their ratings on Marvell Technology, with UBS, Jefferies, and JP Morgan among those keeping buy or overweight ratings. UBS set a target price of $350, while Jefferies increased its target to $450. The average analyst rating remains a strong buy, reflecting confidence in Marvell's future performance.
What Marvell Technology, Inc. Does
Marvell Technology, Inc. specializes in semiconductor solutions for data infrastructure, serving various markets, including data centers and communications. The recent insider trading activity, along with positive analyst ratings, highlights ongoing interest in the company's growth potential.
What's Ahead for Marvell Technology, Inc.
Investors will be watching for updates on Marvell's performance in the upcoming earnings report in December. The recent insider transactions provide insight into the company's internal sentiment, but the 13F filings remind investors that these actions reflect past holdings and may not represent current positions.
Related Filing Alerts
Source: Marachel Knight's Form 4 filing on $MRVL (Jun 13, 2026). Find the original filing: MRVL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts