$NVIDIA (NVDA.US)$There is still negative sentiment about Je...
$NVIDIA (NVDA.US)$There is still negative sentiment about Jensen selling his RSUs.
First, Jensen filed selling 600K NVDA shares before the stock split, it automatically became to 6M shares after split, read this article barrons.com/art...
Second, 120K daily sell vs 300M daily volume is really nothing, it won’t even make a ripple in lake.
Last but not least, RSUs is part of his annual salary package, he is not selling his original shares, but just cashing out his salary.
So, stop worrying about him selling again. Coz there are still around 2.6M shares his broker will continue selling according the filed plan.
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Zimbo : What does he earn 12000 a day?
RetireInStyle : his selling is normal and it was done in advance per SEC guideline
RetireInStyle : it is not purely because CEO is lack of confidence, corrent down trend is just part of a normal correction. It is healthy for an overheated market.
ISTJ OP Zimbo : His broker has been selling 120k shares daily, the total No. of shares filed to be sold was 6M
Ultratech : he's sold plenty in the last few decades and look at how the stock rose anyway
RedDevil7 : Wrong perspective on your second point, giving that 300M daily volume is split between buy and sell............. his 120K daily selling would weight heavily and drive down the share prices.
Aaron Invests (AI) : Said this many times and bears just come and attack to scare you to sell your own shares. I am not worried about it. I'm more concern about the macro. But long term is a good hold.
Kronos MasterStock : Does anyone remember the day Jenson started selling the 120k I’m trying to figure out when it will be finished