$NVIDIA Corp(NVDA)$ Lol CEO selling everyday, the writing is on the wall. It's just greed which is stopping it from healthy correction.
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Chief Executive Jensen Huang and Chief Financial Officer Colette Kress have recently been making sales through trading plans they took up in March. While they’ve been able to financially benefit from the stock’s massive run, they also remain sizable holders of Nvidia shares NVDA .
“It’s not as if they’re cashing out,” analysts at VerityData said in a Monday report.
It's not what you think. The executives in Nvidia planned to sell stock in March. They still own plenty of shares.