Nvidia (NVDA) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Friday, September 22, 2017 10:15 PM ET

Nvidia (NVDA) Insiders Make Significant Share Sales Extending the Trend of Last Quarter

Two insiders — Harvey C Jones, Director, and Mark A Stevens, Director — sold 180,250 shares of Nvidia having a market value of approximately $33,590,371, today, as reported in form 4 documents filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 326,281 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 506,531 shares and have averaged 84,422 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Nvidia is above its 78-company peer group average. The Semiconductors peer group saw 167 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 190,430 shares purchased and 50,914,468 shares sold with company insiders selling 303,737 shares on average over this time period.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to compose and write this story.

Today’s Insider Activity
* Harvey C Jones, Director, sold 100,000 shares
* Mark A Stevens, Director, sold 80,250 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

This entry was posted in InsiderNews and tagged , , , , . Bookmark the permalink.