It’s Not Over Yet For Marvell Technology Inc (NASDAQ: MRVL)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

Marvell Technology Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductors industry. The current market capitalization of Marvell Technology Inc is $68.78B. A total of 24.84 million shares were traded on the day, compared to an average of 11.38M shares.

In the most recent transaction, WILLEM MEINTJES bought 1,500 shares of MRVL for 80.50 per share on Oct 15 ’24. In a previous transaction on Oct 15 ’24, MUHAMMAD RAGHIB HUSSAIN bought 150,000 shares at 80.50 per share.

Among the insiders who bought shares, MURPHY MATTHEW J acquired of 13,000 shares on Oct 14 ’24 at a per-share price of $77.63. This resulted in the Chairman of the Board and CEO holding 221,915 shares of MRVL after the transaction. In another insider transaction, Casper Mark sold 2,500 shares at $70.83 per share on Oct 01 ’24. Company shares held by the EVP & Chief Legal Officer now total 22,494.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. MRVL’s most recent ex-dividend date was 10/11/2024 when it declared a $0.06 quarterly dividend that was paid in cash on 10/31/2024. Previously, the company paid the dividend on 7/31/2024 with an ex-dividend date of 7/12/2024. The MRVL stock dividend was $0.06 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, MRVL has a high of $85.76 and a low of $46.07.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MRVL’s latest balance sheet shows that the firm has $613.50M in Cash & Short Term Investments as of fiscal 2022. There were $4.73B in debt and $1.39B in liabilities at the time. Its Book Value Per Share was $16.40, while its Total Shareholder’s Equity was $15.70B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MRVL is Buy with a score of 4.86.

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