Form 4: Scarpulla Justin sold MRVL
Scarpulla Justin (SVP, Chief Accounting Officer at Marvell Technology, Inc.) reported an open-market sale of 1,100 shares of MRVL at an average $273.59, roughly $300,949, in a Form 4 filed 2026-10-09.
Past performance does not predict future results. Informational only, not investment advice.
Scarpulla Justin (SVP, Chief Accounting Officer at Marvell Technology, Inc.) reported an open-market sale of 1,100 shares of MRVL at an average $273.59, roughly $300,949, in a Form 4 filed 2026-10-09.
Marvell's custom AI ASICs and 800G/1.6T optical interconnect products position it as infrastructure enabler for hyperscaler data center scaling. Projected revenue growth to $16.5B+ by FY2028 with expanding ~32% operating margins will compress forward multiples, justifying accumulation at current $211-216 levels despite high near-term valuation.
Author identified a weakening MACD on MRVL and bought put options expecting downside. The successful trade closure for profit validates the bearish technical setup, though the author questions MACD's reliability for short-term trading.
Author is holding a $450k position in Marvell Technology currently up 17%, expecting the stock to reach $500 within the next 10 months by June.
Author is positioning bearish on Marvell with put options at $200 strike expiring 9/25, expecting downside movement in the stock.
Author is long 52 MRVL $210 calls expiring in 3 days, currently up 41% and targeting $220 stock price by expiration for maximum profit.
Author has accumulated ~$100k in Marvell call options across multiple expirations a couple months out, betting on a price recovery. The position is currently down 20% but author is holding for a turnaround before expiration.
Marvell is positioned to reach a ~1T market cap given Jensen/Nvidia's endorsement and AI momentum. Author bought shares expecting 4x upside from current 254B valuation to reach 1T, implying a price target above 1000.
Long position (250 shares) in semiconductor sector, positioned for recovery as macroeconomic headwinds ease.
End of results.