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Nvidia (NVDA) Insiders Sell Over $1.8 Billion in Stock Amid Market Concerns
NvidiaNvidia(US:NVDA) GuruFocusยท2024-10-03 17:10

Nvidia (NVDA, Financial) insiders have sold over $1.8 billion worth of shares this year, with more sales potentially on the horizon. According to data from Washington Service, Nvidia executives and directors have offloaded nearly 11 million shares in 2024, marking the highest annual sell-off since at least 2020. Despite this, these sales represent a small fraction of Nvidia's 24.5 billion outstanding shares.Investor anxiety has been fueled by delays in Nvidia's Blackwell chip shipments and uncertainty about ...