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Nvidia insiders sold over $1 billion in stock amid market surge, FT reports
NvidiaNvidia(US:NVDA) New York Post·2025-06-29 18:05

Core Insights - Nvidia insiders sold over $1 billion worth of company stock in the past year, with over $500 million in sales occurring this month as the company's share price reached an all-time high [1] - CEO Jensen Huang began selling shares this month for the first time since September, indicating a strategic move to capitalize on the surge in investor interest in artificial intelligence [2][5] - Nvidia's stock hit a record high, reclaiming its position as the world's most valuable company, driven by optimism surrounding artificial intelligence and a "Golden Wave" forecast from analysts [3] Stock Performance - Nvidia's shares have rebounded over 60% from their closing low on April 4, when the market was affected by global tariff announcements [6][7] - The recovery in U.S. stocks, including Nvidia, is attributed to expectations of trade deals that may alleviate tariff pressures [6]