Insider Sales at Nvidia (NVDA) are Significant and Extend the Selling Trend of Last Quarter

Wednesday, October 11, 2017 10:15 PM ET

Insider Sales at Nvidia (NVDA) are Significant and Extend the Selling Trend of Last Quarter

SEC filings today disclosed notable insider sales of Nvidia shares as two insiders — Debora Shoquist, Officer, and Colette Kress, Officer — disposed of 56,306 shares in the company having a market value of approximately $10,565,692. There have been 6 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 366,069 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 422,375 shares and have averaged 52,797 shares per transaction over this time period.

The number of insider buy/sell trades at Nvidia is higher than that of the 77 peer company average over the last 90-day period. The Semiconductors peer group saw 165 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 176,430 shares purchased and 52,596,298 shares sold with company insiders having sold 317,696 shares on average over this time period.

Insider buying and selling activity that is significant has been determined by eliminating 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 in creating and writing this story.

Today’s Insider Activity
* Debora Shoquist, Officer, sold 33,498 shares
* Colette Kress, Officer, sold 22,808 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.

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