Marvell Technology SVP, chief accounting officer, sells $300,949 in stock
Justin Scarpulla, the SVP and chief accounting officer at Marvell Technology, Inc., sold 1,100 shares of the company's common stock on October 8, 2026. The transaction resulted in a total of $300,949, with each share priced at $273.59, slightly lower than the current trading price of $275.28. Despite recent strong performance, with returns up 222% over the past year and 224% year-to-date, InvestingPro's Fair Value analysis indicates the stock is currently overvalued.
After the sale, Mr. Scarpulla retains 909 shares of Marvell Technology common stock. The sale was signed off by Blair Walters, serving as Justin Scarpulla's attorney-in-fact.
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