TECH - Jensen Huang Offloads Over $90M Worth Shares In The Last Week Since Nvidia Scaled Peak Market Capitalization Of $3.24 Trillion | Benzinga
While Nvidia Corp. (NASDAQ:NVDA) has set the stock market on fire with its rapid surge, briefly making it the largest company by market capitalization, its CEO and "Godfather of GPU" Jensen Huang has offloaded shares worth over $90 million in the last week.
What Happened: According to Nvidia's regulatory filings with the U.S. Securities and Exchange Commission (SEC,) Huang has been busy offloading shares.
In the last week alone, Huang sold shares worth over $94 million, according to Nvidia's Form 4 filings.
All in all, Huang has sold 720,000 shares of Nvidia between June 13 to June 21, netting him $94.64 million.
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He still owns over 866 million shares of the company, either directly or ...