Marvell (MRVL) Stock: CEO Cashes Out $1.77M Before Q2 Earnings.

NewsTue, 18 Aug 2026 11:03:38 UTC2 hours ago
Marvell (MRVL) Stock: CEO Cashes Out $1.77M Before Q2 Earnings.

TLDR

  • CEO Matthew Murphy sold 7,500 shares worth $1.77 million on August 17, under a pre-arranged 10b5-1 trading plan.
  • MRVL stock is up more than 160% year-to-date and trading around $234.33.
  • Q2 FY27 earnings are due August 27, with Wall Street expecting EPS of $0.93 on revenue of $2.71 billion.
  • UBS raised its price target to $340; Goldman Sachs raised its target to $195 but kept a Neutral rating.
  • The average analyst price target of $272.73 implies around 16% upside from current levels.

Marvell Technology CEO Matthew Murphy sold 7,500 shares of MRVL stock on August 17, 2026, bringing in approximately $1.77 million. The shares were sold at a weighted average price of $236.08, with individual prices ranging from $230.44 to $239.66.

The sale was made under a pre-arranged 10b5-1 trading plan, which Murphy adopted back in December 2025. That means the sale was scheduled in advance and does not necessarily reflect any change in his outlook on the company.

After the transaction, Murphy still directly holds 783,186 shares of Marvell stock. That is a lot of skin in the game.

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