Nvidia Executives Sell Over $100 Million in Shares Amid Strong AI Demand
Nvidia’s CEO Jensen Huang and board member Mark Stevens have sold more than $100 million in company shares as the chipmaker’s stock climbs alongside growing AI demand. These insider transactions come at a time when Nvidia is firmly established as a leader in AI hardware.
Key Takeaways
- Jensen Huang sold 100,000 Nvidia shares for $14.4 million through a new $865 million prearranged plan.
- Mark Stevens sold 608,248 shares valued at $88.36 million outside of the typical 10b5-1 plan framework.
- Huang’s sales follow Rule 10b5-1 guidelines, minimizing insider trading concerns.
- Despite these insider sales, Nvidia’s market position and investor confidence remain strong.
Prearranged Sales by CEO Jensen Huang
Jensen Huang, Nvidia’s co-founder and CEO, began selling shares under a Rule 10b5-1 plan established in March 2025. The initial sales took place on June 20 and 23, when Huang sold 100,000 shares worth around $14.4 million. The plan permits sales of up to 6 million shares by the end of the year, potentially totaling $865 million at current prices.
Huang continues to be Nvidia’s largest individual shareholder, holding over 800 million shares, roughly 4% of the company. Using a 10b5-1 plan allows executives like Huang to sell stock on a prearranged schedule, reducing the risk of accusations related to insider trading or market timing.
Mark Stevens’ Significant Share Sale
On June 18, board member Mark Stevens sold 608,248 shares valued at approximately $88.36 million, according to SEC filings. Unlike Huang, Stevens did not use a 10b5-1 plan for this transaction, although he had previously filed to sell up to 4 million shares.
After this sale, Stevens directly owns 11.5 million shares and controls over 24 million additional shares through trusts. His sale occurred while Nvidia’s stock was near its 52-week high of $153.13, reflecting the company’s impressive valuation at a market cap of $3.51 trillion.
Nvidia’s Unwavering Position in AI
These insider sales have not dampened investor enthusiasm. Nvidia’s stock price has surged more than 800% since late 2022, fueled by the AI boom following the launch of ChatGPT. The company recently launched two new generations of AI GPUs and reported a 69% year-over-year revenue increase in May 2025, reaching $44 billion for the first quarter.
Nvidia’s chips are critical to AI projects across various sectors, including spacecraft control at Northrop Grumman and drug discovery at AI startup SandboxAQ. This broad adoption supports Nvidia’s leadership in AI semiconductor technology.
Strategic Insight on Insider Selling
While insider sales often raise questions, the structure of Huang’s 10b5-1 plan and Nvidia’s strong fundamentals suggest these moves align with long-term financial planning rather than signaling negative outlooks. The company’s strong earnings, continued innovation, and sustained demand in AI hardware point to ongoing strength despite recent executive share sales.
For executives interested in AI and semiconductor strategies, keeping an eye on Nvidia’s developments and leadership moves offers valuable insights into market dynamics. To explore courses that focus on AI technologies and executive strategies, visit Complete AI Training - Courses by Job.
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