Marvell Technology Group Ltd. (NASDAQ:MRVL) CEO and President Murphy Matthew J sold 15,000 shares of the company stock in a transaction that occurred on October 4, 2019.
The shares were sold at an average price of $ 24.33, for a total transaction of $ 364.95 thousand.
Following the completion of the transaction, the CEO and President now owns 248.50 thousand shares in the company, valued at approximately 6.05 million.
The transaction was disclosed in a filing with the SEC, which is available through SEC Filing Link.
According to the previous trading day, closing price of MRVL was $ 24.52, representing a 41.52 % increase from the 52 week low of $ 14.34 and a 12.72 % decrease over the 52 week high of $ 27.64.