Nvidia Insiders Unload Shares After 220% AI Rally
- Insiders sold or filed to sell about 370,000 shares last month
- Moves come after the stock more than tripled in value in 2023
A Nvidia Grace CPU Superchip,
Photographer: Marlena Sloss/BloombergThis article is for subscribers only.
While corporate insiders are increasingly betting on shares of their own firms, bosses at the S&P 500’s best-performing company are cashing in.
Nvidia Corp. executives and directors last month sold or filed paperwork showing they intend to sell roughly 370,000 shares worth about $180 million, according to data compiled by the Washington Service. If all of the shares were sold, it would be the biggest monthly disposal by dollar value in at least six years.