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Actionable news in MRVL: Marvell Technology Group Ltd.,

Major owner of Marvell Technology Group Ltd. just picked up 43,435 shares

Sehat Sutardja,, a major owner of Marvell Technology Group Ltd. and a director of the company, recently acquired 43,435 shares of the company. The buys took place at prices ranging from $0.00 to $9.94 per share, on April 01, 2016. Sutardja, now owns 65,236,677 shares of the company. Sutardja, operates out of Santa Clara, CA. Some additional info was provided as follows:

Each restricted stock unit ("RSU") represented a contingent right to receive one Marvell common share. These securities are jointly owned by Ms. Weili Dai and Dr. Sehat Sutardja who are members of a "Group" for purposes of Section 13(d)...