Published on 1 Oct 2022 on Simply Wall St. via Yahoo Finance
Insiders seem to have made the most of their holdings by selling US$156m worth of NVIDIA Corporation (NASDAQ:NVDA) stock at an average sell price of US$212 during the past year. The company’s market cap plunged by US$9.4b after price dropped by 3.0% last week but insiders were able to limit their loss to an extent.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for NVIDIA