Summary by Moomoo AI
NVIDIA Corp insider TENCH COXE executed significant stock transactions on December 16-17, 2024. On 12/16, Coxe sold a total of 1,000,000 shares of common stock in three separate transactions at prices ranging from $131.03 to $132.64 per share, generating approximately $131.26 million.The following day, 12/17, Coxe made a bona fide gift of 1,000,000 shares. These transactions were conducted indirectly through a trust. After the reported transactions, Coxe's indirect beneficial ownership decreased to 27,671,360 shares, while maintaining direct ownership of 54,368 shares.The large volume of shares sold and gifted, totaling 2 million, represents a significant reduction in Coxe's indirect holdings. The transactions, completed over two consecutive days, may attract investor attention due to their substantial nature and the insider's position within the company.
