NVIDIA's Chairman and CEO Jen-Hsun Huang sold 18,474 Shares.

SEC Track09-17
NVIDIA's Chairman and CEO Jen-Hsun Huang conducted 9 trades between September 12, 2024, and September 13, 2024, selling a total of 18,474 shares of common stock. Such frequent sales often indicate that the management believes the current stock price might be overvalued, and investors should stay alert.
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Comments

  • Princesgp
    09-18 06:52
    Princesgp
    I have 20,000 NVDA shares so if I sell it also everyone must be worried ?
  • TG1971
    09-17 20:09
    TG1971
    Guys, 18474 shares even at $120 is around $2.2m and that is nothing. Perhaps selling some stock to clear some personal expenses!!! If he sold 1million shares, then we should be worried. It will rally to $130 over the next few week so jump on the bandwagon before it's too late
  • HLPA
    09-17 12:02
    HLPA
    Saying that NVDA share price is may be overvalued causing CEO Jensen Huang to let go of some 18,474 shares is not right to say the least. This amount of shares he sold is only a miniscule compared to his holdings. More importantly, he sold off this small parcel to meet some expenses like a part of his tax liabilties. Anyway, NVDA at below 120 is a buying opportunity for this megastock which has great AI chips to churn up future earnings and profitabilty. I have profited from past trades in NVDA and the stock never fail to deliver good profits. Again,  I started to buy some at 118ish yesterday then buy more when it dipped to 116ish and would pick up more should it fall further. I expect NVDA to retrace upwards again to 120 and beyond soon. Good luck guys!
    • thebrownteddybear: 
      18474 shares? so many shares! omg! must be the shares over valued. faster sell
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