Nvidia (NASDAQ: NVDA) CEO Jensen Huang has been offloading his stake in the company at a staggering pace this July, in line with a pre-planned trading strategy.
In the latest transaction, Huang sold 75,000 shares on July 18, valued at approximately $12.94 million, according to a filing with the U.S. Securities and Exchange Commission.
The executive has been on a selling spree in recent weeks, bringing his total stock sales for July to around $228 million.
The filing details a series of daily stock sales, with Huang consistently selling tens of thousands of shares each day. Across 13 separate transactions, he sold a total of 447,000 shares at prices ranging from $127.85 to $135.64 per share.
Despite the scale, all sales were conducted under a pre-arranged 10b5-1 trading plan, a legal mechanism that allows insiders to sell stock systematically.
It’s worth noting that Huang is selling at a profit, with the transactions coinciding with Nvidia stock hitting a new all-time high near the $175 mark. However, the move could potentially spook investors, who may interpret the sale as a bearish signal about the company’s outlook.
NVDA stock price analysis
As of press time, NVDA shares were trading at $172, down 0.4% on the day, but up nearly 25% year-to-date.
This surge has helped Nvidia become the first company in history to reach a $4 trillion market capitalization.
The stock’s rally was further fueled by news that Nvidia expects to resume H20 chip sales to China soon, after the Trump administration signaled it would approve export licenses. The H20 chips, specifically designed for the Chinese market, had previously required special U.S. government clearance due to rising trade tensions.
Looking ahead, investors will be watching Nvidia’s upcoming earnings report, scheduled for release on August 27. Markets will be especially focused on revenue guidance and demand forecasts for its next-generation Blackwell chip.
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