NVIDIA Director Offloads $235M Worth of Shares

NVIDIA (Nasdaq: NVDA) has seen huge insider selling activity recently. Tench Coxe, a long-time director and the company’s third-largest shareholder, sold approximately $235 million worth of Nvidia stock over two days in September 2024.

According to regulatory filings, Coxe executed multiple trades on September 19 and 20, selling a total of 2 million shares at prices ranging from $116.27 to $119.27 per share. The transactions were conducted through a Profit Sharing Plan Trust, indicating that the shares were held in a retirement trust benefiting Coxe.

This substantial sale comes amid a period of increased volatility for NVIDIA’s stock, which has recently underperformed compared to other tech stocks despite the company’s strong position in the AI market. The sell-off by Coxe follows a pattern of insider selling, with CEO Jensen Huang and other executives also offloading shares in recent months.

The insider selling activity has raised questions about Nvidia’s short-term prospects, especially as the company faces potential headwinds. Reports of a US government antitrust investigation, although denied by NVIDIA, have contributed to market uncertainty.

Despite these concerns, the chipmaker maintains robust financial metrics, boasting a market capitalization of $2.85 trillion and a gross profit of $73.17 billion for the last twelve months as of Q2 2025. The company’s gross profit margin stands at an impressive 76%, highlighting its operational efficiency.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Nvidia Hits US$7.1 Billion In Revenue In Fiscal Q3 2022

NVIDIA (Nasdaq: NVDA) announced on Wednesday its financial results for the fiscal third quarter 2022...

Thursday, November 18, 2021, 10:40:00 AM

SoftBank’s Nvidia Blunder: A $150B Missed Opportunity

SoftBank‘s (TYO: 9984) decision to sell its entire stake in Nvidia (Nasdaq: NVDA) back in...

Thursday, June 20, 2024, 12:12:00 PM

Nvidia’s Market Slide Deepens Following DOJ Antitrust Subpoena

Nvidia (NASDAQ: NVDA) is under increasing scrutiny as the U.S. Department of Justice ramps up...

Wednesday, September 4, 2024, 12:00:07 PM

Jensen Huang Offloads NVIDIA Shares as AI Chip Demand Surges

NVIDIA Corporation (Nasdaq: NVDA) CEO Jensen Huang has accelerated his stock sales in recent weeks,...

Wednesday, September 18, 2024, 10:43:54 AM

Is Canada About to Gift Money to Nvidia?

Industry Minister Francois-Philippe Champagne has announced that Canada has signed a letter of intent with...

Monday, February 5, 2024, 10:24:00 AM