Nvidia’s CEO, Jensen Huang, recently revealed the sale of 100,000 shares of the company’s stock, according to filings submitted to the Securities and Exchange Commission (SEC). These transactions occurred over the course of Friday and Monday.
The stock sales, amounting to approximately $15 million, took place while shares were trading between $142.50 and $145.63 during those days.
These sales are a part of a previously announced plan, which specifies that Huang can divest up to 6 million shares of Nvidia stock before the conclusion of 2025.
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Huang’s stock sales were carried out under a structured trading plan, specifically a 10b5-1 plan. This type of plan is designed to allow company executives and major investors to disclose their trading activity without causing unnecessary disruption in the market.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| NVDA | NVIDIA CORP. | 147.90 | +3.73 | +2.59% |
In recent years, Nvidia has experienced significant growth, primarily due to its leadership in designing advanced artificial intelligence (AI) chips.
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In a February conversation on Finance Newso Business Network’s “The Claman Countdown,” Huang noted the rapid adoption of AI technologies, crediting the trend to what he referred to as “core technology builders, the model builders, and the companies that are building consumer-oriented AIs.”
This year, Nvidia also revealed ambitious plans to produce AI supercomputers within the U.S. Its innovative Blackwell chips will be manufactured in Arizona while AI supercomputers will be assembled at facilities located in Texas.
Nvidia’s stock has surged more than 6.5% since the beginning of the year, with an impressive growth of nearly 25% over the past twelve months.
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Over the last five years, Nvidia’s stock price has skyrocketed by over 1,510%, driven by the increasing mainstream adoption of AI technology.
