CEO of Marvell Technology Makes His First Purchase Ever – Insider Weekends

Marvell Technology Inc (MRVL): $79.85

Market Cap: $69.17B

Enterprise Value: $72.73B

Two weeks ago, we wrote about the ongoing campaign against Southwest Airlines (LUV) by the activist investment firm Elliott Management. This week, we chose to write about a company that has also seen activist involvement in the past – Marvell Technology (MRVL), which saw the activist fund Starboard Value build a position in 2016.

Company Background

Founded in 1995 by Sehat Sutardja, his wife Weili Dai, and his brother Pantas Sutardja, Marvell Technology is a designer, developer, and supplier of semiconductor solutions, specializing in data infrastructure technology. Marvell operates as a fabless supplier, offering a wide range of integrated circuits and system-on-chip (SoC) solutions used in various applications such as data centers, enterprise networking, automotive, and consumer electronics. The company’s core technologies focus on data storage, network infrastructure, and wireless connectivity. 

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