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last week, Marvell Technology, Inc. (NASDAQ:MRVL) Insiders who bought shares in the last 12 months were rewarded heavily. Shares rose 8.7% last week and the company’s market capitalization increased by US$3.4 billion. As a result, the shares originally purchased for $314,000 are now worth $337,000.

We believe that shareholders should not simply follow insider trading, but logically they should pay attention to whether insiders are buying or selling shares.

See the latest analysis from Marvell Technology

Marvell Technology Insider Trading Over the Past Year

In fact, Michael Strachan’s recent purchase was, according to our records, the largest purchase of Marvell Technology stock by an individual insider in the past 12 months. So it’s clear that the insider wants to buy around $49.74, which is the current price. Their views may have changed after the purchase, but this at least suggests they were confident in the future of the company. We always like to see insider buying. But it’s worth noting if those purchases were made at prices well below today’s stock price. The good news for Marvell Technology shareholders is that the insider was buying at a price close to the current price. Michael Strachan was the only individual insider to purchase during the last year.

Below is a visual depiction of insider trading (by companies and individuals) over the last 12 months. Click on the graphs below to see the exact details of each insider trading!

insider trading volume

insider trading volume

Marvell Technology isn’t the only stock that insiders are buying.For those who like to search investment win this freedom A list of growing companies that recently made insider acquisitions could be just the ticket.

Insider Ownership

For public shareholders, it is worth checking the number of shares held by internal parties. Usually, the higher the insider’s ownership, the more likely the insider has an incentive to build the company over the long term. It’s great that a Marvell Technology insider owns his 0.6% of the company, worth about $236 million. I love seeing this level of insider ownership. Because it increases the likelihood that management is thinking about the best interests of shareholders.

What does this data tell us about Marvell Technology Insiders?

It’s certainly positive to see recent insider purchases. But we don’t feel the same about the fact that the company is losing money. Given the high insider ownership, insiders seem to favor Marvell technology. At least one of him on my watchlist! While we’d love to know what’s going on with insider ownership and trading, we should also consider the risks facing the stock before making an investment decision.Every business has risks and we found it 1 Marvell Technology Warning Signs you should know about

However, please note the following: Marvell Technology may not be the best stock to buy. Now take a look at this freedom A list of interesting companies with high ROE and low debt.

For the purposes of this article, an insider is an individual who reports a transaction to the relevant regulatory body. Currently, we consider open market transactions and private disposals, but not derivative transactions.

Do you have feedback on this article? What interests you? contact directly with us. Or send an email to our editorial team (at) Simplywallst.com.

This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …

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