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NVIDIA Corp (NASDAQ:NVDA) President and CEO Jen Hsun Huang sold 217,910 shares of common stock on June 27th, June 30th and July 1st, according to a new SEC filing. The transactions, all sales, were executed at prices ranging from $152.2292 to $158.4551, resulting in a total value of $35,161,723. The sales come as NVIDIA, now valued at $3.74 trillion, trades near its 52-week high with an EXCELLENT financial health score according to InvestingPro data.
The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 20, 2025. Following these transactions, Huang directly owns 75248225 shares of Nvidia. The company has demonstrated remarkable financial strength, with a 75.89% return on assets and strong momentum across multiple timeframes, as revealed in the comprehensive InvestingPro Research Report, available for over 1,400 top US stocks.
Huang also indirectly owns a significant amount of Nvidia stock through various trusts, partnerships and limited liability companies. These include 582503470 shares held by the Jen-Hsun & Lori Huang Living Trust, 49489560 shares held by J. and L. Huang Investments, L.P., 22280000 shares held by The Huang 2012 Irrevocable Trust, 50078000 shares held by The Huang Irrevocable Remainder Trust, 29512185 shares held by The Lori Lynn Huang 2016 Annuity Trust II Agreement, 29512185 shares held by The Jen-Hsun Huang 2016 Annuity Trust II Agreement, 10000000 shares held by TARG S LLC and 10000000 shares held by TARG M LLC.
In other recent news, Nvidia has been making headlines with several notable developments. Cantor Fitzgerald reiterated its Overweight rating on Nvidia, maintaining a price target of $200, while highlighting the company’s positive earnings outlook for 2026. The consensus estimates for Nvidia’s 2026 earnings per share have risen by 10% since the start of the year, showing growing analyst confidence. Meanwhile, Nvidia’s technology is being utilized by Northrop Grumman (NYSE:NOC) to enhance AI applications for spacecraft operations, aiming to improve mission capabilities and operational efficiency. Additionally, Cyngn, an autonomous vehicle technology company, saw significant attention after being featured in a blog post by Nvidia, which highlighted their use of Nvidia’s Isaac platform in developing industrial automation solutions. In a related development, SandboxAQ, an AI startup, is leveraging Nvidia’s chips to release a large dataset aimed at accelerating drug discovery, showcasing Nvidia’s influence in various innovative fields. Elon Musk also announced the upcoming release of Grok 4, an AI model developed by xAI, shortly after July 4th, reflecting continued advancements in AI technology. These developments underscore Nvidia’s broad impact across different industries and its ongoing role in technological innovation.
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