07:28 AM EDT, 10/22/2024 (MT Newswires) -- Marvell Technology ( MRVL ) was the stock pick of the week from Smart Insider after the company's Chair and Chief Executive Matthew Murphy bought $1 million worth of shares at $77.63 apiece on Oct. 14.

"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," Smart Insider said in a note Tuesday.

Smart Insider on Oct. 15 ranked the stock +N, or notable and positive signal.

Price: 81.24, Change: -0.59, Percent Change: -0.72