CEO Jensen Huang cashed in almost a million Nvidia (NASDAQ:NVDA) shares, about $152 million, near peak prices and still has over five million more lined up to sell.
Nvidia just hit another record high at $165.69, and Huang’s Rule 10b5-1 plan has been steadily unloading shares at around $161.91 each since mid-June. It’s roughly 200,000 shares every few days, a drop in the bucket compared to the 200 million shares that trade daily.
This isn’t a panic move. It’s standard tax planning and diversification. He’s capped total sales at six million shares through year-end, so there’s no big wave hitting the market just steady, predictable selling.
Insider selling usually raises eyebrows, but the real story is Nvidia’s AI and GPU momentum. As long as results stay strong, there’s little reason to read too much into these planned sales.
Keep an eye on the next tranches. If Nvidia stumbles, the tone might change. But for now, this looks like smart profit-taking, not a red flag.
This article first appeared on GuruFocus.
