Nvidia Executives Sell over $53 Million in Company Stock

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Nvidia Executives Sell over $53 Million in Company Stock

Investing.com06-27

Nvidia Corp disclosed that two of its top executives sold large quantities of company shares.President and CEO Jen-Hsun Huang and Executive Vice President and CFO Colette Kress executed stock sales ...

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JP24
·06-27
And dumb retailers are still holding 🤣
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The prices at which Kress sold the shares on June 24 ranged from $118.7148 to $123.5797, while the prices on June 25 spanned from $119.8649 to $126.461.These sales were conducted under a pre-arranged trading plan known as a Rule 10b5-1 trading plan, which Kress had established on March 22, 2024.The Rule 10b5-1 trading plan allows company insiders to sell a predetermined number of shares at a predetermined time, offering a defense against potential accusations of insider trading. 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It is designed to prevent the illegal use of non-public ","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp</a> disclosed that two of its top executives sold large quantities of company shares.</p><p>President and CEO Jen-Hsun Huang and Executive Vice President and CFO Colette Kress executed stock sales totaling approximately $53 million, according to the fillings.</p><p>The transactions were carried out on June 24th and June 25th, as per the recent filings with the Securities and Exchange Commission.</p><p>The sales by Huang amounted to roughly $29.31 million, with the stock being sold at prices ranging from $118.63 to $126.19 per share.</p><p>The SEC filing detailed that the shares were sold at different prices over the two days, with the June 24th transactions ranging from $118.11 to $124.25 per share, and the June 25th sales varying from $119.37 to $126.48 per share.</p><p>Kress&#39;s transactions resulted in the sale of Nvidia stock worth over $24 million. The prices at which Kress sold the shares on June 24 ranged from $118.7148 to $123.5797, while the prices on June 25 spanned from $119.8649 to $126.461.</p><p>These sales were conducted under a pre-arranged trading plan known as a Rule 10b5-1 trading plan, which Kress had established on March 22, 2024.</p><p>The Rule 10b5-1 trading plan allows company insiders to sell a predetermined number of shares at a predetermined time, offering a defense against potential accusations of insider trading. It is designed to prevent the illegal use of non-public information in stock trading decisions.</p></body></html>","source":"investingArticles_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Executives Sell over $53 Million in Company Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Executives Sell over $53 Million in Company Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-27 10:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/news/stock-market-news/nvidia-executives-sell-over-53-million-in-company-stock-3498266><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corp disclosed that two of its top executives sold large quantities of company shares.President and CEO Jen-Hsun Huang and Executive Vice President and CFO Colette Kress executed stock sales ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/nvidia-executives-sell-over-53-million-in-company-stock-3498266\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4579":"人工智能","BK4543":"AI","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4141":"半导体产品","BK4550":"红杉资本持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4551":"寇图资本持仓","BK4503":"景林资产持仓","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","NVDA":"英伟达","LU0079474960.USD":"联博美国增长基金A","BK4529":"IDC概念","BK4527":"明星科技股","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - 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The prices at which Kress sold the shares on June 24 ranged from $118.7148 to $123.5797, while the prices on June 25 spanned from $119.8649 to $126.461.These sales were conducted under a pre-arranged trading plan known as a Rule 10b5-1 trading plan, which Kress had established on March 22, 2024.The Rule 10b5-1 trading plan allows company insiders to sell a predetermined number of shares at a predetermined time, offering a defense against potential accusations of insider trading. It is designed to prevent the illegal use of non-public information in stock trading decisions.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":6,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}