Nvidia Insider Share Sales Top $1.8 Billion and More Are Coming
- Executives, directors have unloaded 11 million shares in 2024
- Director Stevens filed to sell an additional 3 million shares
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Nvidia Corp. insiders have cashed in on shares worth more than $1.8 billion so far this year — and more selling is on the horizon.
Nearly 11 million shares have been sold by Nvidia executives and directors in 2024, the most in a year since at least 2020 after adjusting for stock splits, according to data compiled by the Washington Service. It represents a tiny percentage of the company’s 24.5-billion outstanding shares, but the sales are coming at a time when investors are already on edge about Nvidia’s delayed Blackwell chips and the longevity of artificial intelligence-related spending.