Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Marvell Technology, Inc. (NASDAQ:MRVL). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Marvell Technology stock on April 6th. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.
Representative Maria Elvira Salazar also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of Carrier Global (NYSE:CARR) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 4/24/2026.
- Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 4/22/2026.
- Purchased $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/20/2026.
- Purchased $15,001 – $50,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/20/2026.
- Purchased $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 4/17/2026.
- Sold $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 4/17/2026.
- Purchased $1,001 – $15,000 in shares of Voyager Technologies (NYSE:VOYG) on 4/14/2026.
- Purchased $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 4/6/2026.
Marvell Technology Trading Down 3.1%
Shares of MRVL traded down $5.69 during trading hours on Friday, hitting $176.89. 24,691,556 shares of the stock were exchanged, compared to its average volume of 26,385,062. Marvell Technology, Inc. has a fifty-two week low of $58.61 and a fifty-two week high of $192.15. The business has a 50-day moving average of $125.27 and a 200-day moving average of $98.76. The firm has a market capitalization of $158.73 billion, a P/E ratio of 57.43, a price-to-earnings-growth ratio of 1.52 and a beta of 2.25. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.58.
Marvell Technology Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were given a dividend of $0.06 per share. The ex-dividend date was Friday, April 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s dividend payout ratio is 7.79%.
Insider Transactions at Marvell Technology
In other news, insider Sandeep Bharathi sold 66,892 shares of Marvell Technology stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $130.35, for a total value of $8,719,372.20. Following the completion of the transaction, the insider directly owned 55,199 shares in the company, valued at approximately $7,195,189.65. The trade was a 54.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Mark Casper sold 10,854 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $107.01, for a total value of $1,161,486.54. Following the sale, the executive vice president owned 4,023 shares in the company, valued at approximately $430,501.23. This represents a 72.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 241,060 shares of company stock valued at $29,200,112. 0.19% of the stock is currently owned by company insiders.
Trending Headlines about Marvell Technology
Here are the key news stories impacting Marvell Technology this week:
- Positive Sentiment: Bank of America and Goldman Sachs raised their price targets on Marvell, reinforcing optimism around AI networking, custom silicon, and data-center demand. BofA and Goldman Sachs reset Marvell stock price targets
- Positive Sentiment: Analysts and market coverage say Marvell’s optical and interconnect businesses could be a major hidden growth engine, with management reportedly lifting interconnect growth expectations to 50% for FY27. Marvell Technology Has a Hidden Growth Engine That Could Cause MRVL Stock to Skyrocket
- Positive Sentiment: New coverage says Marvell’s AI tailwinds remain strong, with demand for custom AI chips and data-center infrastructure continuing to accelerate. Marvell’s AI Tailwinds Are Heating Up. Is It Time to Buy the Breakout?
- Positive Sentiment: Reports also note that AMD disclosed a stake in Marvell, which may be read as validation of Marvell’s strategy and long-term opportunity. Robust Earnings Growth and Innovation Will Help the Marvell Stock Uptrend Keep Going
Wall Street Analysts Forecast Growth
Several brokerages recently commented on MRVL. UBS Group upped their target price on Marvell Technology from $120.00 to $195.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft set a $120.00 price target on Marvell Technology in a research note on Tuesday, February 10th. Susquehanna reaffirmed a “positive” rating on shares of Marvell Technology in a research report on Tuesday, February 24th. Bank of America lifted their price objective on shares of Marvell Technology from $125.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Cantor Fitzgerald increased their target price on shares of Marvell Technology from $100.00 to $120.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $132.73.
Read Our Latest Report on MRVL
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in MRVL. Laurel Wealth Advisors LLC purchased a new stake in shares of Marvell Technology during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC boosted its holdings in Marvell Technology by 978.3% in the 1st quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares during the period. Jessup Wealth Management Inc purchased a new position in Marvell Technology in the 4th quarter valued at approximately $25,000. Cherry Tree Wealth Management LLC bought a new stake in Marvell Technology during the 4th quarter valued at $26,000. Finally, Atlantic Edge Private Wealth Management LLC lifted its position in shares of Marvell Technology by 160.0% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 200 shares in the last quarter. 83.51% of the stock is owned by institutional investors.
About Representative Salazar
Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.
Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.
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.
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