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Jensen Sells Another 6 Mln Shares! How Much Did NVIDIA Drop Last Time?

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Amid the wave of optimism following $NVIDIA(NVDA)$ earnings, the market was suddenly shaken by news that Jensen Huang plans to sell over 6 mln shares, $800 million worth of company stock this year. The stock price quickly fell back below $140. According to a filing submitted to SEC, Jensen Huang initiated a Rule 10b5-1 trading plan on March 20, aiming to sell up to 6 million shares of Nvidia stock. This new selling plan is set to expire by the end of 2025, and no shares have been sold under it yet. Interestingly, this planned sale mirrors his previous plan, under which he sold 6 million shares between June 14 and September 13, 2024, cashing out approximately $713 million at an average price of $118.83 per share. Did Jensen Huang Perfectly Escape the Top in Nvidia Last Year? During his previous stock sale, Nvidia's stock price dropped by 25% from June 14 to the August low, before rebounding. Over the full 3-month selling period, the stock declined a total of 9%. In June, Huang sold shares 11 times, each time offloading 120,000 shares — totaling 1.32 million shares and netting around $170 million. In July, he sold shares 22 times, again 120,000 shares per transaction — totaling 2.64 million shares and cashing in around $322.7 million. In August, he sold shares over two consecutive trading days, reducing another 240,000 shares. Nvidia disclosed in a regulatory filing that Jensen Huang adopted the Rule 10b5-1 trading plan on March 14, 2024, to sell up to 6 million shares by March 31, 2025. However, actual selling only took place starting mid-June and concluded in September. If Huang follows a similar rapid selling pace again, could Nvidia’s stock drop another 25%? Though the volume each year isn’t particularly large, especially when compared to Elon Musk’s past massive sell-offs. It’s worth noting is that Jensen has sold shares for three consecutive years. What does this mean to Nvidia? REWARDS All valid comments will receive 5 Tiger Coins.[Tongue] The first 10 and last 10 valid comments will receive an additional 10 Tiger Coins.[Wow] The top 5 most popular and high-quality comments will receive another 15 Tiger Coins.[Pitiful] Join our topic and post directly: Jensen Sells Stock Again: Will Nvidia Repeat August Trend? or leave your comments to win tiger coins~ Plus, you can stand a chance to get $5 stock vouchers. Event detail to click: Post and join this week's topic — you might just be the next lucky winner 🐯!
Jensen Sells Another 6 Mln Shares! How Much Did NVIDIA Drop Last Time?

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