Nvidia CEO Huang Renxun took action to reduce his holdings in Nvidia at a high position.
On June 17th local time, according to information disclosed on the website of the United States Securities and Exchange Commission (SEC), Huang Renxun sold 120000 shares of Nvidia stock on June 13th and June 14th respectively, totaling 240000 shares, with a selling price range of $127.78 to $132.23, cashing out approximately $31.2 million, equivalent to approximately RMB 226 million.
According to the documents submitted by Huang Renxun, on June 17th local time, he sold 120000 shares of NVIDIA stocks, but did not disclose the details of this transaction. If this transaction is successfully implemented, Nvidia will further disclose the sale of shares by Huang Renxun in the following days.
According to Wind data, as of the close on June 17th local time, Nvidia's latest stock price was $130.98 and its latest total market value was $3.22 trillion. Since the beginning of this year, Nvidia's stock price has risen by 164.52%.