Marvell CEO Matthew Murphy reports $1.77 million Marvell stock sale

Matthew J. Murphy, CEO of Marvell Technology, Inc., sold 7,500 shares of the company's stock on October 15, 2026, according to a SEC Form 4 filing. The sale took place at an average price of $235.47 per share, with each transaction costing between $227.72 and $242.32. The total value of the shares sold was $1,766,025. This transaction was executed according to a trading plan Murphy established on December 16, 2025.

Despite a 17% decline in the stock price over the past week, its value has increased by 159% over the past year. InvestingPro analysis suggests the stock is currently undervalued in the semiconductor sector. Murphy also acquired an additional 21,497 shares through the vesting of restricted stock units on the same day. These acquisitions were reported with an exercise price of $0.

Additionally, 11,320 shares were surrendered to cover tax withholding obligations associated with these units. Each restricted stock unit grants a right to receive one share of Marvell common stock upon vesting. The remaining RSUs are set to vest through April 15, 2029. Analysts have provided various evaluations for Marvell Technology, with some maintaining Buy ratings and others Outperform.