NVIDIA seizes the opportunity of investors' interest in AI surge, and stock trading activities have increased significantly. According to the 29th Financial Times, NVIDIA insiders have sold company shares in the past year, worth more than US$1 b...
NVIDIA seizes the opportunity of investors' interest in AI surge, and stock trading activities have increased significantly. According to the 29th Financial Times, NVIDIA insiders have sold company shares in the past year, worth more than US$1 billion.
The report noted that as NVIDIA shares climbed to an all-time high, the amount of stock sales exceeded $500 million this month, and NVIDIA declined to make any comments on the Financial Times report.
According to U.S. Securities and Exchange Commission filings, NVIDIA executive chief Huang Rensha began selling shares last week, which is his first transaction since September last year.
NVIDIA said that the shares sold by Huang Rensha were a pre-arranged trading plan in March this year, which determined the price and date of the sale, and he himself still holds shares in NVIDIA.
On the 25th of last week, NVIDIA shares hit a new high and returned to the treasure of the world's most valuable companies.
NVIDIA's recent surge reflects the return of the US stock market to the past few years for the New Technology, driving the AI trend of chip stocks and related technology companies.
Since the stock price fell in April this year, NVIDIA's stock price has now exceeded 60%. The U.S. stock market, including NVIDIA, has seen a trade agreement in the market expectation that White House will soon reach a trade agreement to calm tax hinder, causing the stock market performance to rebound.
NVIDIA insides cash out $1bn worth of shares Extended reading: Huang Renfeng started to execute stock sales plan, with a sack of $14.5 million in the last two sunsets
