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Nvidia Insiders Offload Over $1 Billion as AI-Fueled Rally Propels Shares to Records

Executives are employing SEC-approved trading plans to liquidate over $1 billion in shares through 2025 against a backdrop of record-high AI-driven valuations.

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

  • Insiders have sold over $1 billion worth of Nvidia stock in the past year, including more than $500 million in June alone.
  • CEO Jensen Huang resumed sales this week under a March-filed 105b5-1 plan that permits him to offload up to six million shares by late 2025.
  • Executives and board members including Mark Stevens, Jay Puri, Tench Coxe and Brooke Seawell contributed to the recent sales through their own structured divestitures.
  • Nvidia’s shares have rebounded more than 60% since an April low and recently reclaimed its title as the world’s most valuable company with a market cap near $4 trillion.
  • The selling activity coincides with robust AI infrastructure spending and easing U.S. export restrictions on advanced chips, which have driven Nvidia’s share price to record highs.