Investor’s Delight: Marvell Technology Inc (MRVL) Closes Strong at 116.46, Up 6.17

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

The closing price of Marvell Technology Inc (NASDAQ: MRVL) was $116.46 for the day, up 6.17% from the previous closing price of $109.69. In other words, the price has increased by $6.17 from its previous closing price. On the day, 13.51 million shares were traded. MRVL stock price reached its highest trading level at $116.85 during the session, while it also had its lowest trading level at $110.76.

Ratios:

Our analysis of MRVL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 116.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 70.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.31.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Melius on January 27, 2025, initiated with a Buy rating and assigned the stock a target price of $188.

On December 04, 2024, Wells Fargo reiterated its Overweight rating and also lowered its target price recommendation from $110 to $130.

UBS reiterated its Buy rating for the stock on December 04, 2024, while the target price for the stock was revised from $110 to $115.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 22 ’25 when Koopmans Chris sold 6,000 shares for $124.40 per share. The transaction valued at 746,400 led to the insider holds 93,931 shares of the business.

KOOPMANS FAMILY TRUST U/A DTD bought 6,000 shares of MRVL for $746,400 on Jan 22 ’25. On Jan 17 ’25, another insider, Casper Mark, who serves as the EVP & Chief Legal Officer of the company, sold 7,755 shares for $123.08 each. As a result, the insider received 954,485 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRVL now has a Market Capitalization of 100772831232 and an Enterprise Value of 86642442240. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.74 while its Price-to-Book (P/B) ratio in mrq is 7.53. Its current Enterprise Value per Revenue stands at 16.413 whereas that against EBITDA is 86.947.

Stock Price History:

The Beta on a monthly basis for MRVL is 1.39, which has changed by 0.5444945 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. Over the past 52 weeks, MRVL has reached a high of $127.48, while it has fallen to a 52-week low of $53.19. The 50-Day Moving Average of the stock is 4.88%, while the 200-Day Moving Average is calculated to be 41.61%.

Shares Statistics:

MRVL traded an average of 14.05M shares per day over the past three months and 15948600 shares per day over the past ten days. A total of 865.20M shares are outstanding, with a floating share count of 857.88M. Insiders hold about 0.86% of the company’s shares, while institutions hold 84.21% stake in the company. Shares short for MRVL as of 1731628800 were 20360508 with a Short Ratio of 1.44, compared to 1728950400 on 18118492. Therefore, it implies a Short% of Shares Outstanding of 20360508 and a Short% of Float of 2.77.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.5.

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