Nvidia's (NVDA, Financial) been riding that AI wave to stratospheric heights?
It turns out the people calling the shots at the company have quietly been cashing out—over the last year, insiders sold more than $1 billion of NVDA shares, and about $500 million of that was offloaded just this June as the stock kept climbing.
Even Jensen Huang got in on the action for the first time since last fall, selling some shares once NVDA crossed his $150 threshold—he's still sitting on most of his stake, but under his trading plan he could sell up to 6 million shares by year-end. And it wasn't just him: board vets like Mark Stevens and Tench Coxe, EVP Jay Puri, and longtime director Brooke Seawell all locked in gains, too.
Now, these aren't sketchy, off-the-books trades—they're all part of pre-set plans designed to avoid any eyebrow-raising insider moves. But when your stock is flirting with a $4 trillion market cap, seeing top brass take profits can make you wonder: is this just routine diversification, or a hint that enthusiasm might be peaking?
Keep tabs on upcoming earnings reports and any fresh insider filings—if the leaders start buying back in, maybe they're still all in. But if the sell-offs continue, it could signal a shift in the air.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.
