Marvell Technology Inc (MRVL US, +N, 15-Oct-24)

Matthew Murphy (Chair and CEO since 2023, CEO since 2016) purchased $1m of stock on the 14th October at $77.63. This is an odd purchase, his first since joining in 2016 and a reversal from a series of sales, most recently at $73.29 in September 2024 (under a trading plan dated June 2024). 

There is no short swing violation as he is buying at a higher price than he sold. Whilst modest relative to his historic sales and total shareholding, the trade is unusual enough for us to rank the stock. 

We are ranking the stock +N (notable and positive signal)