Bertramie wrote a post · Mar 28, 2024 15:38

NVIDIA Shares Down 2.7% on Insider Selling

NVIDIA Co.’s share price traded down 2.7% during mid-day trading on Wednesday following insider selling activity. The company traded as low as $891.23 and last traded at $900.96. 25,450,278 shares were traded during trading, a decline of 52% from the average session volume of 53,568,504 shares. The stock had previously closed at $925.61.

The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Dabiri sold 128 shares of NVIDIA stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $940.00, for a total transaction of $120,320.00. Following the sale, the director now directly owns 2,055 shares of the company’s stock, valued at approximately $1,931,700. The disclosure for this sale can be found here. Insiders have sold 105,352 shares of company stock worth $64,853,077 in the last ninety days. Insiders own 3.99% of the company’s stock. $NVIDIA (NVDA.US)$

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