Reported 8 months ago
According to filings with the U.S. Securities and Exchange Commission (SEC), NVIDIA CEO Huang Renxun sold 120,000 shares of NVIDIA stock on both June 13th and 14th, totaling around $31 million. The transactions were made at an average selling price of approximately $128.74 and $131.73 per share. After these sales, NVIDIA's stock price has risen by 42% in the past month. This is not the first time Huang Renxun and other high-level NVIDIA executives have sold shares as company insiders have cashed out over $700 million worth of stocks this year.
Source: YAHOO