SEC filings released after the market closed on October 10th (EST) revealed that Nvidia CEO Jensen Huang sold 225,000 shares of the company's stock in multiple transactions between October 8th and 10th, cashing in approximately $42.8 million (approximately RMB 305 million). This occurred just one week after Huang cashed out over $70.24 million (approximately RMB 501 million) between October 1st and 7th, bringing Huang's cumulative share reduction to 600,000 shares by October 2025, with total cash out exceeding $113 million (approximately RMB 806 million).
According to transaction records, the shares Huang sold ranged from $183.3881 to $195.3234 per share, approaching Nvidia's 52-week high of $195.62. Notably, despite the executives' continued share reductions, Nvidia's stock price hit a record high in October, with a year-to-date increase of over 36%, maintaining its position among the top three global public companies by market capitalization. This phenomenon of "selling more, buying more" reflects the market's strong confidence in Nvidia's dominance in the AI chip sector.
Analysts point out that Huang Renxun's cashing out may be a routine financial planning move rather than a bearish signal. As the company's founder and CEO, he still maintains a commanding stake, and Nvidia's recent performance in the data center and AI chip markets has consistently exceeded expectations, explaining why the large-scale share reduction hasn't put pressure on the stock price.
