Nvidia Stock Made This Insider A Billionaire — Here's How Much He Just Sold
Portfolio Pulse from Chris Katje
Nvidia board member Tench Coxe recently sold 100,000 shares for $37.9 million after the company's stock reached all-time highs. The sale came after Nvidia reported better-than-expected Q1 financial results and guided for Q2 revenue of around $11 billion. Coxe still owns around 4,282,384 shares of Nvidia stock, making him the third largest individual shareholder.
May 30, 2023 | 7:58 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Nvidia board member Tench Coxe sold 100,000 shares for $37.9 million after the company's stock reached all-time highs. Coxe still owns around 4,282,384 shares, making him the third largest individual shareholder.
Tench Coxe's sale of 100,000 shares comes after Nvidia's stock reached all-time highs, but he still owns a significant stake in the company. This sale may not have a significant short-term impact on the stock price, as Coxe remains a major shareholder and the company's financial performance has been strong.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100