David Einhorn Sells 1.3 Million Shares Of Marvell

In a surprising move today David Einhorn sold about 1.27 million shares of one of his top holdings, Marvell Technology Group Ltd. (NASDAQ:MRVL). The selling was executed between April 3 to April 4. The sold shares were just a fraction of Einhorn’s total stake in Marvell Technology Group Ltd. (NASDAQ:MRVL) which is equal to 51.8 million shares. Marvell Technology is a fabless semiconductor company that manufactures systems-on-chip devices. Marvell Technology Group Ltd. (NASDAQ:MRVL) was Einhorn’s biggest loser for 4Q 2012. Marvell’s price lost more than 50 percent in the last fiscal year. However, Einhorn remains bullish on the company and told his investors…