The Strategist

Nvidia CEO Jensen Huang sells $169 million worth of the company's stock in June

07/08/2024 - 03:07

MarketWatch reports that Jensen Huang, the CEO of the American chipmaker Nvidia Corp., sold 1.3 million shares of the business for a total of around $169 million in June.

For Huang, it's the first stock sale since the start of the year and the biggest in a single month.

Nvidia's valuation exceeded $3 trillion in June for the first time ever, and Huang's wealth has more than doubled to $107.7 billion over the last six months.

He has sold over $1.1 billion worth of the company's stock since the beginning of 2020, and Nvidia’s indicate that he plans to keep selling shares in July.


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