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Nvidia's Director Sold $36M Worth Common Stock

Seeking Alpha2022-06-16

Nvidia (NASDAQ:NVDA) shares down 4% in premarket session after disclosing that its director Mark Stevens sold 227.7K shares of common stock on June 13th in a total transaction value of $36M.As per SEC...

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Comment14

  • Blading23
    ·2022-06-17
    Sign
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  • Steadyhoo
    ·2022-06-16
    Hmmm
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  • Tchwee56
    ·2022-06-16
    Like
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  • Tchwee56
    ·2022-06-16
    Like
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  • Remotecam
    ·2022-06-16
    Yes, seems absolutely strange he would cash out now that the stock has "bottomed".  Directors also can panic sell? Panic over what?
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  • Minhoshuting
    ·2022-06-16
    O
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  • BenjiFuji
    ·2022-06-16
    Big red flag? 🚩 [Spurting] [Gosh] Two ways to look at it; 1. Run for your life. 2. Check how much the person receives stock asa percent of his compensation. He may need the cash for personal reasons. 
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  • silent00
    ·2022-06-16
    F
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  • silent00
    ·2022-06-16
    H
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  • MarketPulse
    ·2022-06-16
    As the company director cannot sell stocks?[NosePick]  
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  • Benedikt
    ·2022-06-16
    Let the guy cash out. Doesn't mean he doesn'tbelieve in the long-term success of the business. But happy to see NVDA drop to buy more shares. :)
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  • Traderabbit
    ·2022-06-16
    $NVIDIA Corp(NVDA)$‌see you at $115, then $75 sigh..
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  • babiboo
    ·2022-06-16
    Hmmmmm
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  • babiboo
    ·2022-06-16
    Hmmmm
    Reply
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