Jensen Huang Initiates Stake Reduction in NVIDIA: Liquidating Nearly $14.5 Million in Two Days
2 week ago / Read about 0 minute
Author:小编   

On June 20th and 23rd, NVIDIA CEO Jensen Huang adhered to predetermined regulations by selling 100,000 shares of the company's stock, realizing approximately $14.5 million in proceeds. For the year, he intends to reduce his holdings by 6 million shares, anticipated to yield a cash-out of $865 million, which represents less than 1% of his overall shareholding. Concurrently, Director Mark Stevens also decreased his stake by over 600,000 shares, generating over $88 million in liquid assets. Despite these executive stock sales, NVIDIA's share price continues to soar, boasting a market capitalization of nearly $3.5177 trillion.