Nvidia Insiders Cash Out Over $1 Billion as AI Stock Boom Peaks

29 June 2025

The logo of Nvidia as seen at its corporate headquarters in Santa Clara, California. Photograph: (Courtesy Nvidia Handout via Reuters)

Nvidia insiders have sold over $1 billion worth of stock in the past year, with just over $500 million offloaded through June as the company’s share price surged alongside runaway investor enthusiasm for artificial intelligence technology. The sales come amid a dramatic rally that briefly returned Nvidia to the status of the world’s most valuable company. CEO Jensen Huang resumed selling shares this week, ending a pause since September, under a prearranged trading plan filed with the SEC.

This stock disposal occurred as Nvidia’s market cap soared past $3.8 trillion, driven by a 60% rebound since its April 4 low, a dip caused by market jitters over global tariffs. The surge reflects a broader resurgence in the AI trade that helped propel chip stocks and related tech firms into record territory. While those macro pressures eased through renewed optimism about trade deals, Nvidia’s dominance has been largely fueled by the industry’s voracious demand for AI compute power .

Beyond the CEO, several key executives have significantly cashed in their equity. CEO Jensen Huang, following a 90-day cooling-off period tied to his March trading plan, is now eligible to sell up to six million shares before year-end potentially netting over $900 million. Board members Mark Stevens, Tench Coxe and Brooke Seawell, and executive Jay Puri also sold substantial stakes. Stevens offloaded about $288 million after announcing plans to sell $550 million worth of shares. Coxe sold approximately $143 million on June 9, while Seawell sold around $48 million this month. Puri added $25 million in sales.

These transactions are part of prearranged insider trading plans established to comply with regulatory requirements and avoid accusations of insider trading. Financial analysts note the timing aligns with strategic profit-taking near multi-year highs rather than indicators of concern over future performance . Ben Silverman of VerityData observed that Huang and the other insiders “waited for the stock to return to levels that he felt more comfortable selling at”

Market watchers say insider selling at such scale can be interpreted in various ways. Some view it as confidence in the company’s valuation and future growth, suggesting insiders see the rally as “a Golden Wave” rather than a bubble . Others caution that such large-scale selling at peak prices could signal that insiders expect a plateau or correction ahead.

Nvidia has not offered a direct comment on the insider transactions. The stock’s record high was reached amid fresh gains in the “AI trade” alongside broader market rallies, but analysts caution that future moves may depend on geopolitical trends, trade negotiations, and the sustainability of AI-driven demand.

Investors are now watching closely. With nearly $1 billion worth of shares sold by insiders, the question remains whether this liquidity signals confidence or caution. Nvidia’s leadership retains significant equity positions, and its fundamental position in AI computing markets remains strong. Yet for analysts and fund managers, the scale of insider sales underscores how the valuation narrative is evolving from speculative exuberance to profit realization.

In sum this insider selling conveys a nuanced message. On one hand, it reflects disciplined, well-timed profit-taking and structural compliance within trading rules. On the other, it invites scrutiny on whether Nvidia’s AI dominance can sustain its towering valuation. Whether the stock continues its ascent or faces consolidation in the coming quarters may hinge on global trade contexts, AI deployment depth, and how insiders reinvest their windfalls. Investors and markets will be looking closely for clues in the months ahead.