Unusual Options Activity Detected for Marvell Technology on May 30th
June 12, 2023
🌥️Trending News
Marvell Technology ($NASDAQ:MRVL) is a leading provider of semiconductor solutions and related products that power the infrastructure of the digital age. On May 30th, unusual options activity was detected for Marvell Technology stock. This suggests that traders are expecting the stock to rise up in the near future.
It’s unclear what caused investors to anticipate a jump in Marvell Technology’s stock price but speculation is that it could be due to the company’s strong fundamentals or due to some upcoming news. Whatever the reason, this unusual activity is sure to have investors watching Marvell Technology in the days and weeks ahead.
Share Price
The stock opened at $61.8 and closed at $58.5, representing a 7.7% decrease from its prior closing price of $63.4. This activity was especially noteworthy given that it marked the second time in the past two weeks that options activity had increased significantly for Marvell Technology stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Marvell Technology. More…
| Total Revenues | Net Income | Net Margin |
| 5.79k | -166.7 | -0.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Marvell Technology. More…
| Operations | Investing | Financing |
| 1.3k | -348.7 | -390.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Marvell Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 22.27k | 6.78k | 18.03 |
Key Ratios Snapshot
Some of the financial key ratios for Marvell Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.5% | 7.6% | 0.0% |
| FCF Margin | ROE | ROA |
| 17.6% | 0.0% | 0.0% |
Analysis
GoodWhale has conducted an in-depth analysis of MARVELL TECHNOLOGY‘s financial health and performance. Our Risk Rating indicates that MARVELL TECHNOLOGY is a high risk investment. We have detected 3 risk warnings in their income sheet, balance sheet and non-financial aspects. To gain more insight into our findings, and to check out the details behind each warning, we strongly recommend that you register with GoodWhale and access our platform. With us, you can review our research and make informed decisions when it comes to investing. We provide the data and analytics needed to make informed decisions about investments. Don’t hesitate to get in touch with us if you have any questions or would like to discuss our findings in more detail; we’d be delighted to assist you. More…
Peers
Marvell Technology Inc is a fabless semiconductor company that designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. Its main competitors are Advanced Micro Devices Inc, GLOBALFOUNDRIES Inc, and Intel Corp.
– Advanced Micro Devices Inc ($NASDAQ:AMD)
Advanced Micro Devices Inc is a technology company that designs and produces semiconductor products. The company has a market capitalization of 92.39 billion as of 2022 and a return on equity of 4.13%. The company’s products are used in a variety of electronic devices, including personal computers, game consoles, and servers.
– GLOBALFOUNDRIES Inc ($NASDAQ:GFS)
GLOBALFOUNDRIES Inc is a leading provider of semiconductor manufacturing services. The company has a market cap of 28.43B as of 2022 and a Return on Equity of 5.09%. The company offers a wide range of services, including manufacturing, design, and testing. GLOBALFOUNDRIES is a trusted partner for many of the world’s leading companies.
– Intel Corp ($NASDAQ:INTC)
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world’s largest and highest valued semiconductor chip manufacturer based on revenue, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactures motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing.
Summary
Marvell Technology is a leading tech company that designs and develops semiconductor solutions. It has a wide range of products across various industries, including enterprise storage, cloud computing, wireless products, automotive and consumer content. Investors interested in Marvell Technology should analyze the company’s financials, competition and market opportunity to get a better understanding of how the firm is performing.
Additionally, investors should also keep an eye on the company’s options activity, as it could indicate potential future trends and developments. Finally, investors should watch Marvell’s stock price and understand the possible impact of any news or events that might influence the price of its shares.
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