Monster Insider Trading Alert for Nvidia Stock
Thursday, 7 March 2024, 14:13
Nvidia Stock Insider Trading Alert
Nvidia (NASDAQ: NVDA) stock keeps climbing, reaching new all-time highs daily. Traders are left wondering if there's a limit to its gains, or the sky's the limit for this semiconductor stock.
Key Insights:
- Tench Coxe, Nvidia's third-largest shareholder, recently sold 200,000 NVDA shares, cashing in $170 million, after holding the shares since 1997.
- Mark Stevens, a longtime director, also sold 12,000 shares, totaling around $10 million in value, amid Nvidia's strong rally.
- With Nvidia's market value soaring to $2.2 trillion, surpassing giants like Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL), the stock continues its upward trajectory.
As investors eye Nvidia's potential, the recent insider sales shed light on the company's growth outlook and market performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.