Share price is far too high, i

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Share price is far too high, investors are cashing out before the split. Nvidia repurchase scheme will hold a while until it drop to a desirable price. Similar to Tesla case.

Nvidia CEO Jensen Huang to Sell Up to $735 Million in Stock

Nvidia stock recently rose to a record, pushing the chip maker’s market value past Apple to $3.1 trillion. President and CEO Jensen Huang expects to sell up to $735 million in Nvidia stock, based on W

Nvidia CEO Jensen Huang to Sell Up to $735 Million in Stock

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Nvidia repurchase scheme will hold a while until it drop to a desirable price. Similar to Tesla case.</p></body></html>","htmlText":"<html><head></head><body><p>Share price is far too high, investors are cashing out before the split. Nvidia repurchase scheme will hold a while until it drop to a desirable price. Similar to Tesla case.</p></body></html>","text":"Share price is far too high, investors are cashing out before the split. Nvidia repurchase scheme will hold a while until it drop to a desirable price. Similar to Tesla case.","highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/314011615375616","repostId":1191201378,"repostType":2,"repost":{"id":"1191201378","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1717678525,"share":"https://www.laohu8.com/m/news/1191201378?lang=&edition=full","pubTime":"2024-06-06 20:55","market":"us","language":"en","title":"Nvidia CEO Jensen Huang to Sell Up to $735 Million in Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1191201378","media":"Dow Jones","summary":"Nvidia stock recently rose to a record, pushing the chip maker’s market value past Apple to $3.1 trillion. President and CEO Jensen Huang expects to sell up to $735 million in Nvidia stock, based on W","content":"<html><head></head><body><p>Nvidia stock recently rose to a record, pushing the chip maker’s market value past Apple to $3.1 trillion. President and CEO Jensen Huang expects to sell up to $735 million in Nvidia stock, based on Wednesday’s closing price of $1,224.40.<br/><br/>Nvidia disclosed in a regulatory filing that Huang adopted on March 14 a so-called Rule 10b5-1 trading plan to sell up to 600,000 shares through March 31, 2025. Such plans automatically execute stock trades when preset conditions, such as price and volume, are met. The plans are intended to remove any advantage an insider may have from knowledge of material nonpublic information.</p><p>Huang’s most recent sale of Nvidia stock was on Sept. 14 when he acquired 29,684 shares through options for $118,736, or $4 each, and sold an equal number of shares for $13.5 million, an average price of $455.75 each. Those transactions were made through a plan that he adopted on March 29, 2023. Since that sale, less than nine months ago, Nvidia stock has nearly tripled in price.</p><p>Nvidia declined to make Huang available for comment.</p><p>Also, the company’s pace of repurchases has slowed as the stock price recently climbed, but that may be a function of Nvidia’s trading plan.</p><p>Nvidia bought back 2.3 million shares for $2.1 billion, an average price of $913.04 each, from April 29 through May 24 through a trading plan. Shares soared 21.4% over that period.</p><p>From March 25 through April 28—the end of its fiscal first quarter—Nvidia bought back 4.2 million shares for $3.7 billion, an average price of $875.17 each. Shares had slipped 7% over that period.</p><p>Nvidia declined to comment on the pace of its share repurchases.</p></body></html>","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 CEO Jensen Huang to Sell Up to $735 Million in 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 CEO Jensen Huang to Sell Up to $735 Million in Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-06-06 20:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nvidia stock recently rose to a record, pushing the chip maker’s market value past Apple to $3.1 trillion. President and CEO Jensen Huang expects to sell up to $735 million in Nvidia stock, based on Wednesday’s closing price of $1,224.40.<br/><br/>Nvidia disclosed in a regulatory filing that Huang adopted on March 14 a so-called Rule 10b5-1 trading plan to sell up to 600,000 shares through March 31, 2025. Such plans automatically execute stock trades when preset conditions, such as price and volume, are met. The plans are intended to remove any advantage an insider may have from knowledge of material nonpublic information.</p><p>Huang’s most recent sale of Nvidia stock was on Sept. 14 when he acquired 29,684 shares through options for $118,736, or $4 each, and sold an equal number of shares for $13.5 million, an average price of $455.75 each. Those transactions were made through a plan that he adopted on March 29, 2023. Since that sale, less than nine months ago, Nvidia stock has nearly tripled in price.</p><p>Nvidia declined to make Huang available for comment.</p><p>Also, the company’s pace of repurchases has slowed as the stock price recently climbed, but that may be a function of Nvidia’s trading plan.</p><p>Nvidia bought back 2.3 million shares for $2.1 billion, an average price of $913.04 each, from April 29 through May 24 through a trading plan. Shares soared 21.4% over that period.</p><p>From March 25 through April 28—the end of its fiscal first quarter—Nvidia bought back 4.2 million shares for $3.7 billion, an average price of $875.17 each. Shares had slipped 7% over that period.</p><p>Nvidia declined to comment on the pace of its share repurchases.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191201378","content_text":"Nvidia stock recently rose to a record, pushing the chip maker’s market value past Apple to $3.1 trillion. President and CEO Jensen Huang expects to sell up to $735 million in Nvidia stock, based on Wednesday’s closing price of $1,224.40.Nvidia disclosed in a regulatory filing that Huang adopted on March 14 a so-called Rule 10b5-1 trading plan to sell up to 600,000 shares through March 31, 2025. Such plans automatically execute stock trades when preset conditions, such as price and volume, are met. The plans are intended to remove any advantage an insider may have from knowledge of material nonpublic information.Huang’s most recent sale of Nvidia stock was on Sept. 14 when he acquired 29,684 shares through options for $118,736, or $4 each, and sold an equal number of shares for $13.5 million, an average price of $455.75 each. Those transactions were made through a plan that he adopted on March 29, 2023. Since that sale, less than nine months ago, Nvidia stock has nearly tripled in price.Nvidia declined to make Huang available for comment.Also, the company’s pace of repurchases has slowed as the stock price recently climbed, but that may be a function of Nvidia’s trading plan.Nvidia bought back 2.3 million shares for $2.1 billion, an average price of $913.04 each, from April 29 through May 24 through a trading plan. Shares soared 21.4% over that period.From March 25 through April 28—the end of its fiscal first quarter—Nvidia bought back 4.2 million shares for $3.7 billion, an average price of $875.17 each. Shares had slipped 7% over that period.Nvidia declined to comment on the pace of its share repurchases.","news_type":1},"isVote":1,"tweetType":1,"viewCount":757,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA","TSLA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":144,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}