Monday, September 18, 2017 10:15 PM ET
Nvidia (NVDA) Insider Makes Significant Share Sale
One insider — Tench Coxe, Director — today, disposed of 50,000 shares of Nvidia having a market value of approximately $9,480,780, as revealed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 326,281 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 376,281 shares and have averaged 75,256 shares per transaction over this time period.
The number of insider buy/sell trades at Nvidia is greater than that of the 78 peer company average over the last 90-day period. The Semiconductors peer group saw 163 buy/sell trades during this period for an average of 2.1 transactions per company. However, the number of shares traded per transaction by Nvidia insiders is lower than its peers. Within the peer group there were 277,089 shares purchased and 50,345,433 shares sold with company insiders disposing of 307,168 shares on average over this time period.
In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data obtained to compose and write this story.
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