|Bid||23.51 x 3200|
|Ask||23.99 x 3000|
|Day's Range||23.62 - 24.95|
|52 Week Range||14.34 - 27.64|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.24 (0.97%)|
|1y Target Est||N/A|
Marvell (MRVL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the latest trading session, Marvell Technology (MRVL) closed at $24.92, marking a -0.99% move from the previous day.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Marvell Technology...
The chipmaker's recent results were tempered by the Huawei situation, but investors are still upbeat because 5G-driven gains are right around the corner.
CEO and President of Marvell Technology Group Ltd (30-Year Financial, Insider Trades) Matthew J Murphy (insider trades) sold 265,000 shares of MRVL on 07/17/2019 at an average price of $26.02 a share. Continue reading...
Prices corrected in May and have rallied back to make a slight new high with a breakout on our Point and Figure chart. In the daily bar chart of MRVL, below, we can see that prices have broken above the April zenith. The On-Balance-Volume (OBV) line is close to making a new high for the move up from September.
Marvell Technology Group Ltd NASDAQ/NGS:MRVLView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and increasing * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NegativeShort interest is moderately high for MRVL with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on July 12. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding MRVL is favorable, with net inflows of $5.85 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Jim Cramer said Monday on “ Mad Money " that Marvell Technology Group Ltd. (NASDAQ: MRVL ) is a buy, calling it the No. 1 5G name. Cramer doesn't like any auto companies and would avoid General Motors ...
Let's talk about the popular Marvell Technology Group Ltd. (NASDAQ:MRVL). The company's shares led the NASDAQGS...
(Bloomberg) -- Huawei Technologies Co. stole trade secrets from a company co-founded by a former employee, a U.S. jury said Wednesday as it rejected claims that China’s largest technology company was the real victim in the dispute.The jury in Sherman, Texas, said Huawei didn’t benefit from the theft and awarded no damages to the startup, CNEX Labs Inc. Still, the verdict following a three-week trial could provide ammunition to critics who say Huawei doesn’t play by the rules in the global technology playground.Huawei said it was evaluating the verdict. “We are disappointed that the jury didn’t support Huawei’s claims based on the evidence,” Jason Ding, director of the company’s intellectual property rights department, told reporters at its Shenzhen base on Thursday.Huawei and CNEX had each accused the other of stealing inside information regarding data storage. The eight-person jury heard testimony involving dueling tales of intrigue, disloyalty and corporate espionage. The trial featured an inside look at the Chinese maker of smartphones and networking gear, as well as the sometimes cutthroat battle over highly skilled employees with the talent to develop the next generation of technology.Overshadowing the case is Huawei’s position firmly in the middle of the trade conflict between the U.S. and China, with President Donald Trump seeking to sharply curtail the company’s ability to do business. In the U.S., Huawei is fighting a criminal indictment that accuses it of stealing critical phone-testing technology from T-Mobile US Inc.The trial in Sherman, about an hour north of Dallas, marks a rare instance in which Huawei has accused a former employee of stealing secrets.The dispute concerns solid-state drives, which are made up of chips called Nand flash memory that store information on semiconductors. They access data much more quickly than traditional magnetic disk-based technology.For CNEX, its reputation and relationships with technology companies like Microsoft Corp. were at stake. The company is working to develop a method to make the drives faster and cheaper, a crucial need when it comes to storing and retrieving the massive amounts of data kept on cloud storage.“Because we are a new business without revenue or profits, the jury was not able to award CNEX any money damages,” Matthew Gloss, general counsel for CNEX, said in a statement following the verdict.“This case was never about the money,” he said after the hearing. “The case was about saving the company.”Huawei lawyers at the trial had no comment and company officials didn’t immediately respond to queries seeking comment. The jury said that Huawei, but not its U.S. research unit Futurewei Technologies Inc., had stolen CNEX trade secrets. The jury found that CNEX had not proved that either of the companies were “unjustly enriched.” Gloss said it was because CNEX was able to get its product sample back quickly.Founded StartupCNEX was founded in 2013 by two former Marvell Technology Group Ltd. executives and researcher Yiren “Ronnie” Huang, whose previous job at Futurewei in California was at the heart of the trial.Huawei claimed that Huang had wanted to set up his own business but couldn’t get backing so joined Futurewei in 2011. While there, according to Huawei, Huang used a team to develop new technology for the storage devices and then left the company to help start CNEX three days later. There, he and other CNEX founders claimed Huawei’s ideas as their own and poached other Huawei employees, Huawei claimed.The jury found there were no Huawei trade secrets in the case. CNEX had argued that anything Huawei claimed was secret was actually public information.Huang, who is on leave from CNEX, said he came up with the ideas long before joining Futurewei, and left when he realized the company didn’t have much to offer.The jury found that Huang was in violation of his employment agreement’s patent application disclosure provision, but that Futurewei wasn’t harmed by that failure. Huawei had said Huang began seeking patents in the months after joining CNEX, and told the jury it was based on work he had done at Futurewei.CEO TestifiedCNEX Chief Executive Officer Alan Armstrong said he asked Huang to help found CNEX after being introduced by a mutual friend because of Huang’s work with other companies. Any former Huawei employees who joined CNEX did so because they were “very unhappy where they were working and wanted to come to a startup,” Armstrong told the jury.CNEX contends that Huawei posed as a potential customer to get secret details of its plans and, when that didn’t work, persuaded Xiamen University to work as a research partner with CNEX so it could surreptitiously turn over plans.District Court Judge Amos Mazzant, who presided over the trial, also is overseeing a Huawei lawsuit against the U.S. government. The company is asking Mazzant to rule that a ban on federal agencies and contractors buying its gear is unconstitutional.The case is Huawei Technologies Co. v. Huang, 17-893, U.S. District Court for the Eastern District of Texas (Sherman)(Updates with Huawei’s reaction to verdict in the third paragraph.)\--With assistance from Gao Yuan.To contact the reporters on this story: Susan Decker in Washington at email@example.com;Dennis Robertson in Sherman, Texas at firstname.lastname@example.orgTo contact the editors responsible for this story: Jon Morgan at email@example.com, John Harney, Robert JamesonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]
NXP Semiconductors (NXPI) is buying Marvell's (MRVL) wireless connectivity business for $1.8 billion. The business that NXP is purchasing from Marvell consists of Wi-Fi and Bluetooth assets.
Demand for next-generation 5G devices is on the rise, according to DigiTimes: Taiwan-based integrated circuit design houses are seeing a slowing pace in 4G orders, the publication said Friday. U.S. stocks ...
Could Marvell Technology Group Ltd. (NASDAQ:MRVL) be an attractive dividend share to own for the long haul? Investors...
The iShares S&P NA Tec. Semi. Idx. Fd. (NASDAQ: SOXX ) ETF has bounced back in the past week, gaining 5.3 percent after a trade war sell-off in May. Semiconductor stocks were certainly on at least one ...
In his second "Executive Decision" segment of Mad Money Monday night, our own Jim Cramer also sat down with Matt Murphy, president and CEO of Marvell Technology Group Ltd. In the daily bar chart of MRVL, below, we can see that prices made their low in late December like many companies. The daily On-Balance-Volume (OBV) line shows a rise from September and tells us that buyers of MRVL have been more aggressive for several months -- even during the August-December weakness.