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Nvidia (NVDA) Insiders Continue Stock Sales Amid Rising Share Prices
NvidiaNvidia(US:NVDA) GuruFocusยท2024-10-03 23:30

Nvidia's (NVDA, Financial) CEO Jensen Huang has completed the sale of 6 million shares, but other insiders are still selling. Board member Mark Stevens has sold 1.6 million shares this year and plans to sell an additional 3 million. The company's stock price has surged significantly from last year, prompting insiders to cash out over $1.8 billion. More sell-offs are expected in the future.This year, Nvidia executives and directors have collectively reduced their holdings by nearly 11 million shares, marking ...