On December 16, 2024, Willem Meintjes, the Chief Financial Officer of Marvell Technology Group Ltd, executed a sale of 1,500 shares of Marvell Technology Inc (MRVL, Financial). Following this transaction, the insider now holds 112,711 shares of the company. The details of this transaction can be found in the SEC Filing.
Marvell Technology Inc is a leading semiconductor company that develops and produces a wide range of products, including integrated circuits for data storage, networking, and connectivity. The company serves a variety of markets, including enterprise, cloud, automotive, and industrial sectors.
Over the past year, Willem Meintjes has sold a total of 17,000 shares and has not made any purchases. This activity is part of a broader trend observed in the company's insider transactions. In the past year, there have been 2 insider buys and 36 insider sells at Marvell Technology Inc.
On the day of the recent sale, shares of Marvell Technology Inc were trading at $122.5, giving the stock a market cap of $96,480.95 million. The stock's GF Value is estimated at $60.45, resulting in a price-to-GF-Value ratio of 2.03. This indicates that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
