Marvell Technology Inc (NASDAQ: MRVL) is -43.88% lower on its value in year-to-date trading and has touched a low of $47.08 and a high of $127.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MRVL stock was last observed hovering at around $62.33 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $61.98, the stock is 11.83% and -6.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.1 million and changing -0.56% at the moment leaves the stock -25.55% off its SMA200. MRVL registered -2.88% loss for a year compared to 6-month loss of -25.14%.
The stock witnessed a 11.39% gain in the last 1 month and extending the period to 3 months gives it a -45.42%, and is 5.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.45% over the week and 7.36% over the month.
Marvell Technology Inc (MRVL) has around 7042 employees, a market worth around $53.54B and $5.77B in sales. Fwd P/E is 17.13. Profit margin for the company is -15.35%. Distance from 52-week low is 31.63% and -51.38% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.96%).
with sales reaching $1.88B over the same period.The EPS is expected to grow by 78.20% this year, but quarterly earnings will post 42.40% year-over-year. Quarterly sales are estimated to grow 61.87% in year-over-year returns.
Marvell Technology Inc (MRVL) Top Institutional Holders
The shares outstanding are 866.00M, and float is at 861.56M with Short Float at 3.09%.
The top institutional shareholder in the company is FMR LLC with over 129.87 million shares valued at $9.08 billion. The investor’s holdings represent 15.0021% of the MRVL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 74.41 million shares valued at $5.2 billion to account for 8.5953 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 61.16 million shares representing 7.0653% and valued at over $4.28 billion, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 2.9662 of the shares totaling 25.68 million with a market value of $1.79 billion.
Marvell Technology Inc (MRVL) Insider Activity
The most recent transaction is an insider sale by Meintjes Willem A, the company’s Chief Financial Officer. SEC filings show that Meintjes Willem A sold 1,500 shares of the company’s common stock on May 01 ’25 at a price of $60.00 per share for a total of $90000.0. Following the sale, the insider now owns 0.12 million shares.
Still, SEC filings show that on Apr 23 ’25, Casper Mark (EVP & Chief Legal Officer) disposed off 12,460 shares at an average price of $55.00 for $0.69 million. The insider now directly holds 0 shares of Marvell Technology Inc (MRVL).
