CEO took a big sold off
$NVIDIA(NVDA.US$
Selling so much at the very early onset of the year only means more downside to go. Have to let go and let this bloodletting clear up before going in.
Selling so much at the very early onset of the year only means more downside to go. Have to let go and let this bloodletting clear up before going in.
05:32 PM EST, 01/05/2022 (MT Newswires) -- Jen Hsun Huang, Director, President and CEO, on January 03, 2022, sold 440,000 shares in Nvidia (NVDA) for $132,954,031. Following the Form 4 filing with the SEC, Huang has control over a total of 84,649,495 shares of the company, with 5,178,925 shares held directly and 79,470,570 controlled indirectly. The market value of the direct and indirect holding, based on the transaction price, is approximately $25,946,763,207.
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Iain Kelly : actually if you read the filing he owns more shares now because of exercising options
Markio1315 OP Iain Kelly : that's true, but to exercise so much rights and clear them so early in the year says a lot.
ducklol : only a clown sees ceo selling as a negative.. its all PREPLANNED long ago they cant just wake up and say "oh shit bad news inc, im dumping"
Markio1315 OP : yes correct pre plan.. means they know things we don't know. I still think this is a super company. But the flush is still not complete, so yes will wait for a better price to get in. I wish all fellow investors best of luck.