NVIDIA Corporation (NVDA) insiders, including directors Mark Stevens, Michael McCaffery, and Mark Perry, have recently sold significant amounts of their shares amid a fierce AI rally, with the company's stock price soaring to new heights following a 27% run up in price. In late February, Stevens sold 15,000 shares, McCaffery sold 4,000, and Perry sold 15,000 shares. The stock continued its upward trajectory, closing in on $900 and hitting a record high of $905 in premarket trading. This selling spree comes as NVIDIA's stock pushes deeper into record territory, with one director cashing in about $170 million in shares. Collectively, insiders have sold nearly $175 million in shares over the past few days, following other directors who sold nearly $80 million in shares last month. Amidst this, the US market has hit an all-time high, with NVIDIA's performance contributing to the market's strength. Additionally, there have been over $30M+ in bullish prints in the options market.
$NVDA $30M+ Bullish Prints 😳 A mixture of OTM call buys and bullish put sells https://t.co/4d72MNzaMz
US Market hits All Time High again $514.87 $SPY - I called melt up and blow off $580 - lets watch. Meanwhile $NVDA hits $900 👀
Nvidia $NVDA insiders sold nearly $175M in shares over the past few days, coming after other directors sold nearly $80M in shares last month.
Board members with decades of tenure at Nvidia offloaded shares in the past four weeks. https://t.co/cH5746ebUe
$NVDA smashes through $900 ... those calls in the options market we posted about yesterday are looking good.
$NVDA (+1.5% pre) Nvidia board members cash in stock in the $2 trillion AI company following blockbuster 27% run up in price - Fortune https://t.co/o2Lzq54w6S
Now $NVDA $900 simps https://t.co/V1pepz87HZ
$NVDA 905 in premarket. 😆 https://t.co/rFDdeQdfl6
An Nvidia director sold about $170 million in shares of the chipmaker, becoming the latest insider to cash in as the stock continues to push deeper into record territory https://t.co/bwg2QEtRpd
$NVDA ❖ NVIDIA SHARES HIT RECORD-HIGH, LAST UP 2.5%
$NVDA up over another 2% today ... closing in on $900 ... the chart looks almost vertical. Someone may get burned ... ? 🧐
Boom 883.19 finally hit $nvda https://t.co/lEtgLp1fYf
$NVDA insiders are all selling into AI rally says @CNBC A number of directors at the company sold shares in late February amid the fierce rally. Mark Stevens (director) sold 15,000 shares Michael McCaffery (director) sold 4,000 shares Mark Perry (director) sold 15,000 shares…