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Nvidia stock closed 4% higher on a report that CEO Jensen Huang is done selling shares. Huang raked in $713 million in total proceeds from the sales. He remains Nvidia's biggest shareholder.
Image source: Nvidia. But there are other valid concerns around Nvidia stock right now. While Jensen Huang's share sales are definitely not a reason to panic and sell Nvidia shares, there are a ...
The filing also revealed Huang’s holdings in Nvidia prior to the stock sales beginning this spring, with the figure sitting at more than 93 million shares—3.79% of the business.
Nvidia (NASDAQ: NVDA) CEO and founder Jensen Huang has been consistently selling some of his shares for months now. Even though Nvidia achieved several highs in the past few months, he kept ...
Image source: Getty Images. Why Huang keeps selling Nvidia stock. According to Nvidia filings, Huang's stock sales are based on a predetermined plan known as a 10b5-1 that he entered into on March ...
While it did surge from $13.8 billion at the end of 2022 to a peak of $119 billion in June 2024, it has since plummeted back down to $92.1 billion as of mid-August, as Nvidia shares fell ...
As of 2024, Huang has been Nvidia's chief executive for over three decades, a tenure described by The Wall Street Journal as "almost unheard of in fast-moving Silicon Valley". [43] He owns 3.6% of Nvidia's stock, which went public in 1999. [3] He earned US$24.6 million as CEO in 2007, ranking him as the 61st highest paid U.S. CEO by Forbes. [3]
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut ...