Overview
- Under pre-arranged Rule 10b5-1 plans filed in March, Nvidia insiders disposed of over $1 billion in shares in the past year, with more than $500 million sold in June.
- CEO Jensen Huang executed his first share sale since September, offloading roughly $15 million as part of a plan to sell up to six million shares by year-end.
- Nvidia’s stock climbed to record levels this month, lifting its market capitalization to about $3.8 trillion and reclaiming its position as the world’s most valuable company.
- The latest rally reflects renewed investor demand for Nvidia’s AI chips after a mid-year rebound tied to increased spending on artificial intelligence infrastructure.
- Despite these disposals, Huang retains the majority of his holdings and maintains an estimated net worth of $138 billion.