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| Ali WajidEVP & CHIEF FINANCIAL OFFICER | Sell | 24,542 | $25.7M | Thu, Oct 1 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 307 | $290.1K | Tue, Sep 29 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $474.3K | Mon, Sep 28 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $467.9K | Fri, Sep 25 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $460.5K | Thu, Sep 24 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $473.3K | Wed, Sep 23 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $467.8K | Tue, Sep 22 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $479.6K | Mon, Sep 21 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $460.0K | Fri, Sep 18 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $466.7K | Thu, Sep 17 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $428.4K | Wed, Sep 16 |
| Wupen YuenPRESIDENT, GLOBAL BUS. UNITS | Sell | 500 | $420.8K | Tue, Sep 15 |
| Gilbert Cisneros | Sell | $8.0K | Fri, Jul 17 | Fri, Aug 14 |
| Alan Armstrong | Buy | $8.0K | Fri, Mar 27 | Tue, Jul 21 |
| Josh Gottheimer | Buy | $8.0K | Fri, May 22 | Tue, Jun 2 |
| Gilbert Cisneros | Buy | $8.0K | Tue, Apr 14 | Thu, May 7 |
Key TakeawaysLumentum rose 11% in a week on an optics rebound and a Bloomberg report that Marvell Technology is in advanced talks to buy it. A deal reportedly paid in Marvell stock would tie any premium to Marvell’s share price.
Lumentum jumped 15% in after-hours trading on October 28 after reports that Marvell is in late-stage talks to acquire the company, with a deal potentially possible as soon as early November.
Key TakeawaysMarvell Technology fell 14% in the past week on reported Lumentum talks, then in a chip selloff after Intel’s weak outlook. Lumentum’s lasers would make Marvell a bigger Broadcom rival and give Coherent a competitor backed by Marvell’s chips.
Marvell Technology (MRVL) is back in focus after reports it is in advanced talks to acquire data center optics specialist Lumentum in a potential all stock transaction closely tied to AI infrastructure demand.
The report said the discussions are private and the proposed deal could be announced as soon as next week.
Marvell stock sinks on reports that the company is interested in acquiring Lumentum. Here’s why that made investors bail on MRVL shares.
Investors are nervous that Marvell would have to pay a big premium — and wait a while for China to approve any deal.
Lumentum's record cloud transceiver shipments and expanding 1.6T rollout fuel AI-driven growth, but margin gaps and premium valuation remain key challenges.
Lumentum Holdings (NasdaqGS:LITE) is reportedly in advanced talks to be acquired by Marvell Technology. The potential deal would combine Marvell's AI data center infrastructure portfolio with Lumentum's optical and photonic components business.
Marvell Technology Inc (NASDAQ:MRVL) shares fell 12% on Thursday after reports that the AI chipmaker was in advanced talks to acquire optical components maker Lumentum Holdings (NASDAQ:LITE), whose shares rose over 4% in early trading.
Marvell stock sinks after Bloomberg reports the company is interested in acquiring Lumentum, which would come with a hefty price tag.
Investors are looking further down the AI data-center supply chain for signs of demand amid concerns of a spending slowdown, one expert says.