Nvidia CEO Jensen Huang Sells $800M in Shares Amid Stock Surge

Nvidia CEO Jensen Huang is offloading approximately $800 million worth of NVDA stock, marking his first sale under a prearranged trading plan adopted in March. The plan, set to expire in 2025, involves the sale of 6 million shares. At Wednesday’s closing price of $134.81, the shares are valued at $809 million. Such sales are typically structured to avoid the appearance of insider trading.

CFO Colette Kress and director Brooke Seawell have also adopted similar plans, targeting $67.4 million and $155 million in share sales, respectively. None of the executives commented on the transactions.

Nvidia’s stock has rallied more than 20% in the past month, buoyed by strong quarterly results and bullish growth projections from Huang. The sales come as the chipmaker continues to dominate the AI and gaming hardware markets.