Insiders at Nvidia are selling shares, but company's business remains strong
From Nasdaq: 2024-06-17 06:07:00
Key insiders at Nvidia (NASDAQ: NVDA) have been selling shares, including CEO Jensen Huang and other executives and board members. However, these sales are part of their compensation packages and represent only a small portion of their overall holdings. The company’s underlying business remains strong, despite concerns of a potential stock plunge.
Investors should weigh the recent insider sales against Nvidia’s impressive growth and market performance. While there are reasons to consider selling, such as portfolio concentration or analyst predictions, Nvidia’s track record and business fundamentals suggest holding onto the stock could still be a lucrative investment. Consider expert advice before making any decisions.
Read more at Nasdaq: Insiders Are Selling Nvidia Stock. Should You?