Nvidia CEO dumps over $120 million shares ahead of earnings

Although Nvidia’s (NASDAQ: NVDA) stock is one of the best performers in the stock market in 2024, heavy insider selling activity, especially before its August 28 Q2 earnings report, is worrying some investors.Namely, its CEO Jensen Huang sold over $128.2 million worth of Nvidia shares in five different transactions in the previous 30 days; notably, all transactions included the same number of shares sold—240,000.Huang’s sale of Nvidia stock in the past 30 days. Source: Barchart Huang sells over half a billi ...