Analyst Activity – Rosenblatt Securities Initiates Coverage On MRVL – Marvell Technology Group (NASDAQ:MRVL) With a Buy

ME Staff
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Analyst Ratings For MRVL – Marvell Technology Group (NASDAQ:MRVL)

Today, Rosenblatt Securities initiated coverage on MRVL – Marvell Technology Group (NASDAQ:MRVL) with a Buy with a price target of $27.00.

Some recent analyst ratings include

  • 4/3/2018-Rosenblatt Securities initiated coverage with a Buy rating.
  • 3/9/2018-B. Riley Reiterated Rating of Buy .
  • 3/9/2018-Morgan Stanley Reiterated Rating of Equal Weight .
  • 3/7/2018-Argus initiated coverage with a Buy rating.
  • 12/18/2017-Piper Jaffray initiated coverage with a Overweight rating.

Dividend information for MRVL – Marvell Technology Group (NASDAQ:MRVL)

MRVL – Marvell Technology Group (NASDAQ:MRVL) pays an annual dividend of $0.24 with a yield of 1.17%.

Dividend History for MRVL – Marvell Technology Group (NASDAQ:MRVL)

  • On 3/15/2018 MRVL – Marvell Technology Group announced a quarterly dividend of $0.06 1.03492884864166% with an ex dividend date of 3/28/2018 which will be payable on 4/18/2018.
  • On 12/8/2017 MRVL – Marvell Technology Group announced a quarterly dividend of $0.06 1.11% with an ex dividend date of 12/26/2017 which will be payable on 1/16/2018.
  • On 9/22/2017 MRVL – Marvell Technology Group announced a quarterly dividend of $0.06 1.36% with an ex dividend date of 10/6/2017 which will be payable on 10/26/2017.
  • On 6/15/2017 MRVL – Marvell Technology Group announced a quarterly dividend of $0.06 1.37% with an ex dividend date of 6/30/2017 which will be payable on 7/21/2017.
  • On 3/16/2017 MRVL – Marvell Technology Group announced a quarterly dividend of $0.06 1.51% with an ex dividend date of 3/31/2017 which will be payable on 4/20/2017.
  • On 11/17/2016 MRVL – Marvell Technology Group announced a quarterly dividend of $0.06 with an ex dividend date of 12/2/2016 which will be payable on 12/28/2016.
  • On 9/14/2016 MRVL – Marvell Technology Group announced a quarterly dividend of $0.06 with an ex dividend date of 9/26/2016 which will be payable on 10/19/2016.

Recent Insider Trading Activity For MRVL – Marvell Technology Group (NASDAQ:MRVL)
MRVL – Marvell Technology Group (NASDAQ:MRVL) has insider ownership of 6.80% and institutional ownership of 91.67%.

  • On 3/12/2018 Matthew J Murphy, CEO, sold 30,000 with an average share price of $24.24 per share and the total transaction amounting to $727,200.00.
  • On 1/18/2018 Marvell Semiconductor, Inc. Ca, Insider, sold 1,512 with an average share price of $23.86 per share and the total transaction amounting to $36,076.32.
  • On 1/17/2018 Michael G Strachan, Director, sold 20,000 with an average share price of $23.65 per share and the total transaction amounting to $473,000.00.
  • On 12/1/2017 Marvell Semiconductor, Inc. Ca, Insider, sold 9,812 with an average share price of $21.20 per share and the total transaction amounting to $208,014.40.
  • On 10/23/2017 Sehat Sutardja, Major Shareholder, sold 1,266,498 with an average share price of $18.55 per share and the total transaction amounting to $23,493,537.90.
  • On 10/20/2017 Sehat Sutardja, Major Shareholder, sold 62,337 with an average share price of $18.48 per share and the total transaction amounting to $1,151,987.76.
  • On 10/18/2017 Sehat Sutardja, Major Shareholder, sold 474,771 with an average share price of $18.48 per share and the total transaction amounting to $8,773,768.08.

Recent Trading Activity for MRVL – Marvell Technology Group (NASDAQ:MRVL)
Shares of MRVL – Marvell Technology Group closed the previous trading session at with 20.645000457763672 shares trading hands.