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Nvidia insiders dump more than $1 billion in stock: report [FOX Business Network]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Insiders at tech giant Nvidia have offloaded more than $1 billion in shares in the last year amid the stock's rapid rise due to the artificial intelligence (AI) boom. The Financial Times reported that over $500 million in stock sales have occurred in the last month as Nvidia shares reached record highs, bringing the total value of insider sales above $1 billion. Nvidia's stock is up over 14% year to date and has risen about 27% over the past year, as the AI chipmaker has reaped the rewards of surging investment in AI models and tools. In the past five years, Nvidia's stock price has been up over 1,543%. The company's market cap has risen above $3.8 trillion. Nvidia CEO and co-founder Jensen Huang was among the company's leaders who have recently sold shares, disclosing the sale of 100,000 shares worth around $15 million in a regulatory filing last week. Huang's sales were part of a previously disclosed plan that was revealed in March and would allow him to sell up to 6 mill
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