As Nvidia’s stock continues its upward surge, company executives are preparing to cash in. CEO Jensen Huang is expected to sell up to $800 million worth of shares under a trading plan adopted earlier this year, marking his first such sale of 2025.
The plan allows Huang to gradually offload 6 million shares through the end of next year—similar to a sale last year that brought in over $700 million.
Joining Huang are CFO Colette Kress and board member Brooke Seawell, who have also scheduled large divestments. Kress is set to sell 500,000 shares valued at around $67 million, while Seawell has outlined plans to unload over $150 million in stock. All three plans are structured under SEC guidelines that permit pre-planned, automatic sales, insulating them from insider trading concerns. None of the executives have issued public comments on the sales.
Despite the stock offloading, investor confidence remains strong. Nvidia shares have climbed over 20% in the past month, following a blowout earnings report and bullish guidance for its AI business. Analysts project further upside, with 12-month targets reaching as high as $200.
Nvidia’s fundamentals are equally robust. Revenue doubled to $130 billion last year, and projections indicate another 53% jump is on the horizon. The company’s explosive growth—1,400% stock appreciation over five years—has attracted heavyweight investors like Chase Coleman and Daniel Loeb, who recently added Nvidia to their portfolios.
As Nvidia eyes a $200 billion revenue milestone, executives appear to be capitalizing on momentum while keeping one eye on long-term fundamentals.
A new report from blockchain analytics firm Santiment highlights which DeFi projects have seen the most developer activity over the past month—and the leaderboard has shifted in unexpected ways.
Shiba Inu’s Shibarium team has launched an internal investigation into alleged rug pulls carried out by actors operating within the network.
BlackRock is reportedly preparing to purchase nearly 10% of the shares in Circle Internet Financial Ltd.’s upcoming IPO, expanding its existing role as manager of the Circle Reserve Fund, which backs USDC with roughly $30 billion in assets.
Ross Ulbricht, the man once behind the Silk Road dark web marketplace, has turned artifacts from his prison years into a multimillion-dollar Bitcoin windfall.