Marvell Technology Inc (NASDAQ:MRVL)’s traded shares stood at 11.84 million during the last session, with the company’s beta value hitting 1.76. At the close of trading, the stock’s price was $69.64, to imply an increase of 2.05% or $1.4 in intraday trading. The MRVL share’s 52-week high remains $127.48, putting it -83.06% down since that peak but still an impressive 32.4% since price per share fell to its 52-week low of $47.08. The company has a valuation of $60.04B, with an average of 21.93 million shares in intraday trading volume over the past 10 days and average of 19.11 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Marvell Technology Inc (MRVL), translating to a mean rating of 1.33. Of 27 analyst(s) looking at the stock, 0 analyst(s) give MRVL a Sell rating. 1 of those analysts rate the stock as Overweight while 2 advise Hold as 24 recommend it as a Buy.
Marvell Technology Inc (NASDAQ:MRVL) trade information
After registering a 2.05% upside in the last session, Marvell Technology Inc (MRVL) has traded red over the past five days. The 5-day price performance for the stock is 6.88%, and 6.35% over 30 days. With these gigs, the year-to-date price performance is -36.95%. Short interest in Marvell Technology Inc (NASDAQ:MRVL) saw shorts transact 23.3 million shares and set a 1.14 days time to cover.
The extremes give us $90 and $115 for target low and target high price respectively. As such, MRVL has been trading -65.13% off suggested target high and -29.24% from its likely low.
MRVL Dividends
Marvell Technology Inc has its next earnings report out on 2025-May-28. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Marvell Technology Inc has a forward dividend ratio of 0.24, with the share yield ticking at 0.34% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.43%.
Marvell Technology Inc (NASDAQ:MRVL)’s Major holders
Marvell Technology Inc insiders hold 0.32% of total outstanding shares, with institutional holders owning 87.75% of the shares at 88.03% float percentage. In total, 87.75% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 129.87 million shares (or 15.0021% of shares), all amounting to roughly $9.08 billion.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 74.41 million shares, or about 8.5953% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $5.2 billion.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Securities Fund-Fidelity Blue Chip Growth Fund as the top two Mutual Funds with the largest holdings of the Marvell Technology Inc (MRVL) shares. Going by data provided on Mar 31, 2025 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 27.33 shares. This is just over 3.17% of the total shares, with a market valuation of $1.9 billion. Data from the same date shows that the other fund manager holds a little less at 19.8, or 2.30% of the shares, all valued at about 1.38 billion.
