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Another Nvidia director in a monster NVDA stock insider trade
Finboldยท 2025-06-04 11:25
Core Insights - Insiders at Nvidia are increasingly selling their shares, raising concerns among investors [1][2] - CEO Jensen Huang has activated a trading plan to sell 6 million shares, potentially valued at $809 million [2] - Nvidia's stock price remains bullish, with a recent closing price of $141, up over 2% [4] Insider Transactions - Robert Burgess sold $6.74 million worth of NVDA stock, involving 10,000 shares at an average price of $674.96 each [1] - Director Mark Stevens filed to sell approximately 4 million shares of Nvidia Class A stock, worth around $550 million [1] - All trades are conducted under Rule 10b5-1 plans, which allow for predetermined selling schedules [3] Company Performance - Nvidia has become the world's most valuable company with a market cap of $3.45 trillion, surpassing Microsoft [6] - The company reported Q1 2025 earnings of $0.96 per share on $44.06 billion in revenue, reflecting a 69% growth year-over-year [6]