Artificial Intelligence: Nvidia Managers Cash In

June 29, 2025, 1:51 PM |

Nvidia’s share price reached a new record last week. — Nvidia's share price reached a new record last week. (Photo: Dado Ruvic/REUTERS)

Nivida executives sold more than $1 billion worth of stock last year.

Nvidia executives reportedly sold more than $1 billion worth of shares last year, capitalizing on strong investor interest in artificial intelligence (AI). More than half of that was sold this month alone, as the California-based chip designer's share price reached an all-time high, the Financial Times reported on Sunday.

Nvidia CEO Jensen Huang sold shares this week for the first time since September, according to a mandatory disclosure to the U.S. Securities and Exchange Commission (SEC). The company's stock reached a new record high last week. On Friday, it was trading at just under $158. An optimistic analyst commentary provided a boost: Ananda Baruah of Loop Capital raised his price target to $250 from $175. He said a "golden wave" in AI adoption is beginning.