Marvell Technology Inc (NASDAQ: MRVL) on Tuesday, plunged -3.08% from the previous trading day, before settling in for the closing price of $90.37. Within the past 52 weeks, MRVL’s price has moved between $47.08 and $127.48.
The company achieved an average annual earnings per share of 78.62%. With a float of $853.14 million, this company’s outstanding shares have now reached $862.10 million.
Considering the fact that the conglomerate employs 7042 people, you should pay attention to its efficiency factor.
Marvell Technology Inc (MRVL) Breakdown of a Key Holders of the stock
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Marvell Technology Inc is 1.04%, while institutional ownership is 83.18%. The most recent insider transaction that took place on Sep 25 ’25, was worth 265,302. In this transaction Chief Financial Officer of this company bought 3,400 shares at a rate of $78.03, taking the stock ownership to the 132,159 shares. Before that another transaction happened on Sep 25 ’25, when Company’s President, Data Center Group bought 3,400 for $78.03, making the entire transaction worth $265,302. This insider now owns 73,392 shares in total.
Marvell Technology Inc (MRVL) Recent Fiscal highlights
As on 10/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.43 earnings per share (EPS) for the period topping the consensus outlook (set at 0.41) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 78.62% per share during the next fiscal year.
Marvell Technology Inc (NASDAQ: MRVL) Trading Performance Indicators
Marvell Technology Inc (MRVL) is currently performing well based on its current performance indicators. A quick ratio of 1.44 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.44. Likewise, its price to free cash flow for the trailing twelve months is 49.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 3.36 in one year’s time.
Technical Analysis of Marvell Technology Inc (MRVL)
Compared to the last year’s volume of 19.28 million, its volume of 16.51 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 60.61%.
During the past 100 days, Marvell Technology Inc’s (MRVL) raw stochastic average was set at 72.38%, which indicates a significant increase from 46.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.57 in the past 14 days, which was higher than the 2.99 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.68, while its 200-day Moving Average is $76.50. Nevertheless, the first resistance level for the watch stands at $89.88 in the near term. At $92.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $93.50. If the price goes on to break the first support level at $86.26, it is likely to go to the next support level at $84.93. Now, if the price goes above the second support level, the third support stands at $82.64.
Marvell Technology Inc (NASDAQ: MRVL) Key Stats
Market capitalization of the company is 75.51 billion based on 862,100K outstanding shares. Right now, sales total 5,767 M and income totals -885,000 K. The company made 2,006 M in profit during its latest quarter, and 194,800 K in sales during its previous quarter.
