NVIDIA Insider Trading Alert – Directors Sell 70,205 Shares, Unveiling Key Transactions and Numbers

Harvey C. Jones, a Director of NVIDIA Corporation (NVDA), conducted various share transactions on February 23, 2024. Jones sold a total of 70,205 shares at varying prices, indicating a profit-taking move while still holding 796,191 shares.

Here are the details of his sales:

• 2,854 shares at $820.60 per share
• 100 shares at $823.72 per share
• 400 shares at $822.68 per share
• 1,958 shares at $821.54 per share
• 2,909 shares at $805.74 per share
• 1,861 shares at $806.49 per share
• 4,945 shares at $807.90 per share
• 1,404 shares at $809.34 per share
• 1,835 shares at $810.06 per share
• 900 shares at $811.44 per share
• 900 shares at $812.28 per share
• 400 shares at $813.38 per share
• 1,500 shares at $814.49 per share
• 1,317 shares at $815.55 per share
• 8,960 shares at $816.84 per share
• 16,290 shares at $817.70 per share
• 11,185 shares at $818.61 per share
• 5,282 shares at $819.61 per share

Additionally, Michael G. McCaffrey, another Director, sold 4,000 shares at $800.00 per share on the same date, and Mark L. Perry, also a Director, divested 15,000 shares at $796.45 per share on February 23, 2024. Furthermore, Mark A. Stevens, a Director, executed a sale of 5,000 shares at $800.74 per share on February 26, 2024, and another sale of 5,000 shares at $800.00 per share on February 23, 2024, in addition to selling 5,000 shares at $795.14 per share on the same date.

While these transactions indicate significant share sales by NVIDIA Directors, it’s important to note that such actions do not necessarily imply a lack of confidence in the company. Some insiders may choose to sell shares for various reasons, including profit-taking, portfolio diversification, or personal financial needs. It’s crucial to consider these sales in the broader context of the company’s performance and the individuals’ overall holdings.

Nvidia Insiders $NVDA have sold $80 million in shares following the company’s earnings report.

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