Here's How Much Nvidia Stock CEO Jensen Huang Has Sold Lately

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Nvidia CEO Jensen Huang at the 2024 Dreamforce conference in San Francisco, California on Sept. 17, 2024 · Investopedia
Andrew Kessel
Updated 1 min read

In This Article:

Key Takeaways

  • Nvidia CEO Jensen Huang concluded a planned sale of more than $700 million worth of company stock, filings showed.

  • The CEO still holds 75.3 million Nvidia shares directly and another 786 million through various trusts and a partnership.

  • The chipmaker's shares surged nearly 4% Tuesday and have more than doubled in value since the start of the year amid booming demand for artificial intelligence infrastructure.

Nvidia (NVDA) CEO Jensen Huang concluded a planned sale of more than $700 million worth of company stock, regulatory filings Tuesday showed.

Huang had previously announced his intention to sell as many as 6 million shares of Nvidia by the first quarter of 2025 under the Securities and Exchange Commission’s (SEC's) 10b5-1 rule, which allows insiders to set up a trading plan for selling stocks. He reached that limit months ahead of the plan's expiration, with the sale of 120,000 shares worth nearly $14.3 million, according to an SEC filing.

The CEO still holds 75.4 million Nvidia shares directly and another 786 million through various trusts and a partnership, according to another filing.

Shares of Nvidia closed nearly 4% higher at $120.87 Tuesday. They've more than doubled in value since the start of the year amid booming demand for the company's chips to support artificial intelligence (AI).

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