Insider at Nvidia (NVDA) Makes Significant Sale of Stock

Tuesday, February 13, 2018 10:15 PM ET

Insider at Nvidia (NVDA) Makes Significant Sale of Stock

A SEC filing today indicated a substantial insider sale of Nvidia shares as — Mark L Perry, Director — sold 17,307 shares in the company having a market value of approximately $3,944,805. 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 sale of 5,233 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 22,540 shares and have averaged 4,508 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Nvidia is higher than its 77-company peer group average. The Semiconductors peer group saw 178 buy/sell trades during this period for an average of 2.3 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 19,965 shares purchased and 2,225,885 shares sold with company insiders having sold 12,393 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 obtained to create and write this story.

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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