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!
NVIDIA's Chairman and CEO Jen-Hsun Huang sold 18,474 Shares.
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- thebrownteddybear·09-1718474 shares? so many shares! omg! must be the shares over valued. faster sellLikeReport