Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report) dropped 3.8% during trading on Monday . The company traded as low as $72.51 and last traded at $72.59. Approximately 3,137,192 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 13,776,323 shares. The stock had previously closed at $75.42. Wall […]
TimesSquare Capital Management LLC reduced its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 21.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 651,983 shares of the semiconductor company’s stock after selling 180,037 shares during the […]
Marvell Technology (NASDAQ:MRVL – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.180-0.280 for the period, compared to the consensus earnings per share estimate of 0.400. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus […]
Marvell Technology (NASDAQ:MRVL – Get Free Report)‘s stock had its “outperform” rating reiterated by equities research analysts at Oppenheimer in a research note issued to investors on Thursday, Benzinga reports. They presently have a $80.00 target price on the semiconductor company’s stock, up from their prior target price of $70.00. Oppenheimer’s price target points to […]
California State Teachers Retirement System trimmed its stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 3.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,344,738 shares of the semiconductor company’s stock after selling 48,395 shares during the quarter. California State Teachers Retirement […]