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Nvidia (NASDAQ:NVDA) President and CEO Huang Jen Hsun, sold 214,625 shares of the company’s common stock between September 9 and September 11, according to a Form 4 filing with the Securities and Exchange Commission. The sales, which totaled approximately $39.28 million, occurred at prices ranging from $167.479 to $179.7707. The transaction comes as NVDA trades near its 52-week high of $184.48, with the stock showing remarkable strength, up over 50% in the past year. According to InvestingPro, NVDA maintains an excellent Financial Health score, though current valuations suggest the stock is trading above its Fair Value.
The transactions were executed under a Rule 10b5-1 trading plan adopted on March 20, 2025. Following these transactions, Huang Jen Hsun directly owns 72,173,366 shares of Nvidia.
Huang Jen Hsun also indirectly owns the following NVIDIA (NASDAQ:NVDA) shares: 582,503,470 shares held by Jen-Hsun & Lori Huang Living Trust, 49,489,560 shares held by J. and L. Huang Investments, L.P., 22,280,000 shares held by The Huang 2012 Irrevocable Trust, 50,078,000 shares held by The Huang Irrevocable Remainder Trust, 29,512,185 shares held by The Lori Lynn Huang 2016 Annuity Trust II Agreement, 29,512,185 shares held by The Jen-Hsun Huang 2016 Annuity Trust II Agreement, 10,000,000 shares held by TARG S LLC, and 10,000,000 shares held by TARG M LLC.
In other recent news, Nvidia has unveiled its Rubin CPX GPU, designed for large-scale AI processing, which can handle million-token applications and generative video projects. This new technology offers 7.5 times more performance than its predecessor systems, with the ability to deliver 8 exaflops of AI compute power. In addition, Nvidia’s venture capital arm has made an investment in quantum computing firm Quantinuum, valuing the company at $10 billion. This investment is part of a $600 million funding round expected to be announced soon.
JPMorgan has reiterated its Overweight rating on Nvidia, emphasizing strong demand for the company’s data center products. The firm noted that while lead times remain extended, they are stable, reflecting the ongoing high demand for Nvidia’s technology. Craig-Hallum has also raised Nvidia’s stock price target to $245 from $195, maintaining a Buy rating. The firm pointed to robust AI demand trends and noted the importance of reasoning and agentic systems as significant drivers for future demand. Meanwhile, Chinese tech companies Alibaba and Baidu have begun using their own chips for AI training, marking a shift away from Nvidia’s technology.
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