NVIDIA Insiders Cash Out of $ 1 Billion worth of shares

Open the supplier seal for free

FT journalist Roula Khalaf selects his favorite story in this weekly newsletter.

NVIDIA -FILLS have sold more than $ 1 billion of the company’s shares in the last 12 months, including recent trading when they deserve investors’ enthusiasm for artificial intelligence.

More than $ 500 million of the sale of shares took place this month as the California chip planner’s share price rose to a record high.

Investors are piled up in stocks, so it is the most valuable company in the world as they invested in demand for a huge chip for AI. The price rise will take place after a turbulent year, where Nvidia US and Chinese trade tensions and Chinese AI breakdowns knocked on the demand for its products.

Jensen Huang, CEO of NVIDIA, started selling shares this week for the first time since September.

Nvidia said that all Huang’s sales were part of the trading plan agreed in March, which set the prices and dates where sales start. Huang still retains most of its shares in Nvidia.

« When the stock (dropped) in the first quarter, he did not sell (what was) was really smart, » said Ben Silverman, Vice-President of the VerityData study.

« (Huang) waited for the stock to return to the levels where he felt more comfortable to sell, » Silverman added.

VerityData, which follows insider sales based on regulatory applications, said in the report that the NVIDIA share price of more than $ 150 seems to have caused Huang’s sales.

Huang started sales as soon as his sales plan ended with an authorized 90 -day refrigeration period. Leaders and senior leaders often agree on these plans to avoid claims of insider trade.

According to the plan, Huang can sell up to 6 million shares before the end of this year. In the current stock price, it leaves Huang’s way to earn over $ 900 million.

According to Forbes, Huang’s net worth is $ 138 billion.

The NVIDIA market value has quadrupled to $ 3.80 in a few years, with companies and nation states fall into billions of infrastructure behind AI.

Many other NVIDIA figures also get the company growth.

These include Mark Stevens, a long -time board of directors, former CEO of Sequoia Capital, one of the earliest NVIDIA investors. On June 2, he announced that he would sell up to 4 million shares that are currently worth $ 550 million and has since sold $ 288 million.

Jay Puri, Director of CEO of NVIDIA Global Field Operations, a veteran of two decades, who has installed about $ 25 million worth of about $ 25 million on Huang traveling to Huang on Wednesday.

The other two board members, Tench Coxe and Brooke Seawell, have moved to sell. Coxe will break down about $ 143 million on June 9 and Seawell about $ 48 million this month.

Former Sutter Hill Ventures CEO Coxe is another long -time board member who has been in the company since early days. In 1993, Huang founded the company as a video game screen screen as a company at Denny’s restaurant in San Jose.

Seawell, who joined the Board in 1997, is a partner in Venture’s New Enterprise Associates and former Director Chip Design Software Company Synopsys.

NVIDIA shares have returned in recent weeks, and its market value has received about 1.5 ton after the lowest point in April. The warehouses hit China’s Deepseek and after the new US exports of the United States for AI chips.