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NVIDIA (NVDA) Insiders Sell Over $1.8 Billion in Stock Amid AI Spending Concerns
NvidiaNvidia(US:NVDA) GuruFocusยท2024-10-03 13:10

So far this year, insiders at NVIDIA (NVDA, Financial) have sold more than $1.8 billion worth of stock, and more sales are on the horizon. According to data compiled by Washington Service, NVIDIA executives and directors have sold nearly 11 million shares in 2024, marking the highest level since 2020. Although these sales represent a small fraction of NVIDIA's total shares, they are happening as investors are anxious about the delayed launch of NVIDIA's Blackwell series chips and the sustainability of artif ...