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Nvidia Executives Continue Billion-Dollar Stock Sales as Shares Top $150

Pre-arranged SEC plans gave Nvidia insiders approval to sell following a mandatory cooling-off period.

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration
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Overview

  • Nvidia insiders have sold over $1 billion of shares in the past year, with more than $500 million offloaded in June alone.
  • CEO Jensen Huang began selling shares this week for the first time since September under a trading plan activated after a 90-day cooling-off period.
  • Board members Mark Stevens, Jay Puri, Tench Coxe and Brooke Seawell have also liquidated portions of their holdings through pre-arranged plans.
  • The stock’s rise above $150 has lifted Nvidia’s market value to about $3.8 trillion, reclaiming its spot as the world’s most valuable company.
  • Strong investor demand for AI infrastructure has driven the rally, even as large insider sales raise questions about valuation sustainability.