Monster insider trading warning for Nvidia stocks

As the AI ​​revolution brought huge profits to Nvidia (NASDAQ: NVDA), so did the profits of NVDA shares for its traders, especially insiders who received the shares at much lower prices or even as a gift from the company, effectively making 100% profit.

One of these insiders is board member Dawn Hudson. On May 28, she sold 20,000 NVDA shares at an average price of $1,079.41, making a profit of $21.5 million.

This sale reduced her holdings of NVDA shares by nearly 30% from her last sale on December 15, when she held 70,500 shares.

NVDA stock experienced strong insider activity in 2024

With zero purchases and even 24 sales in the last six months, this year was a year of profit-taking for Nvidia executives as they dumped 541,350 NVDA shares.

And considering the steep rise in NVDA stock during that period, with its price rising from $481 on Jan. 1 to $1,105 at the last close on May 30—an increase of nearly 130 percent—it’s no wonder insiders decided to cash in on their shares.

NVDA’s largest insider sale in 2024 is nearly $200 million

In the largest insider sale of NVDA shares in 2024, director Tench Coxe sold 200,000 NVDA shares on March 5 for a profit of $170 million.

This sale accounted for nearly half of NVDA’s insider sales gains in 2024, with total gains of approximately $375 million.

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