Insider Trading Activities of AMD and NVDA Insiders Revealed
Insider Trading Alert: Recent Activities of AMD and NVDA Insiders
As Advanced Micro Devices (AMD) stock reached new all-time highs, surpassing the $200 mark and peaking at $211, its subsequent pullback was swift.
Specifically, on March 13, Lisa Su, the CEO of Advanced Micro Devices, sold 125,000 shares of the company at $195.13 each, amounting to a total value of $24,391,400, marking AMD’s largest insider sale since 2018.
This adds to a continuing trend over the past 12 months, where AMD stock has seen no insider buying activity. Instead, over 1.4 million shares were sold in 28 transactions during the same period.
Nvidia Insider Sales
Insider sales are not limited to AMD, as Nvidia has also witnessed significant selling activity. Tench Coxe and Mark Stevens were among the key figures who capitalized on selling off NVDA shares during March.
Broader Market Impact
The surge in insider trading activities extends beyond the semiconductor sector, with notable sales in Meta, Palantir, and even Walmart. Whether this trend signifies profit-taking or hints at potential market instability requires careful observation by investors.
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.