US EditionNvidia insiders sold over $1 billion in stock amid market surge, FT reports
- Executives and insiders at Nvidia have offloaded more than $1 billion worth of company shares over the past year, including approximately $500 million in sales during the current month amid a strong market rally.
- The sales followed a pre-arranged trading plan agreed in March to avoid insider trading allegations and set sale prices and dates.
- CEO Jensen Huang began selling shares this week after a 90-day cooling-off period, with the stock climbing to record highs fueled by renewed investor optimism in AI.
- Huang's plan allows selling up to 6 million shares, potentially earning over $900 million, while Nvidia's market capitalization has quadrupled recently.
- These insider sales come as Nvidia regains its leading market valuation, signaling confidence in sustained AI-driven growth despite ongoing geopolitical trade challenges.
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Nvidia insiders sold over $1 billion in stock amid market surge, FT reports
Nvidia insiders sold over $1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in artificial intelligence, the Financial Times reported on Sunday.
·New York, United States
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Leaning Left6Leaning Right9Center10Last UpdatedBias Distribution40% Center
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