share_log

精准“逃顶”英伟达?黄仁勋6月以来已套现逾40亿

Precisely timing the peak and escaping from nvidia? Huang Renxun has cashed out over 4 billion since June.

cls.cn ·  Sep 6 01:57

① The stock price of "AI chip leader" Nvidia reached its historical peak in June this year, which perfectly coincided with the time when the company's CEO, Huang Renxun, began selling the stock; ② Huang Renxun has sold more than 5 million shares of the company's stock in the past few months, totaling approximately 0.63 billion US dollars (about 4.49 billion yuan).

"AI chip leader" Nvidia's stock price reached its historical peak in June this year, which perfectly coincided with the timing of the company's CEO, Huang Renxun, starting to sell the stock.

According to a new document, billionaire entrepreneur and CEO of Nvidia, Huang Renxun, has sold more than 5 million shares of the company's stock in the past few months, totaling approximately 0.63 billion US dollars (about 4.49 billion yuan).

According to a document filed with the US Securities and Exchange Commission (SEC) on Thursday, Huang Renxun sold nearly 5.3 million shares of Nvidia stock in a series of transactions from June 13 to September 4, with each sale size being 0.12 million shares.

Huang Renxun initiated a so-called 10b5-1 rule trading plan in March this year, intending to sell up to 6 million shares of Nvidia stock by the end of March 2025.

A 10b5-1 trading plan allows insiders of a publicly traded company to pre-determine the sale of a specified number of shares at a predetermined time. The purpose of this plan is to avoid suspicions of insider trading and ensure transparency and fairness in the transactions.

According to FactSet data, Huang Renxun is the largest individual shareholder of Nvidia, holding approximately 3.5% of the company's outstanding shares as of August 9th.

According to the Bloomberg Billionaires Index, Huang Renxun's current personal wealth is approximately 94.2 billion US dollars, which has increased by about 50 billion US dollars since the beginning of the year, ranking him 18th on the global rich list.

Over the past year, the AI investment frenzy has driven nvidia's stock price to soar, and so far this year, the stock has surged by over 120%.

However, the stock has recently performed poorly, falling by about 11% in the past three months. On Tuesday, nvidia's stock price plummeted by 9.53%, causing the market cap to 'evaporate' by approximately $279 billion, setting a new record in the US stock market.

Recently, nvidia's stock price has encountered multiple bearish factors, including performance falling short of Wall Street's highest expectations, delivery issues with the highly anticipated Blackwell chip, facing antitrust scrutiny from the US government, and investors becoming more cautious about AI investments.

Editor/ping

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment