One of Nvidia’s (NVDA) directors, Tench Coxe, recently offloaded shares of the company worth $131.26 million. It’s reasonable to assume that Coxe is taking advantage of the significant surge in NVDA stock price, driven by the artificial intelligence (AI) boom. Year-to-date, shares of the company have skyrocketed over 160%.
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According to the SEC filing, Coxe divested one million shares of NVDA on December 16, with prices ranging from $130.52 to $132.74 per share. Before this, he reported selling NVDA stock valued at $119.46 million on June 10 and $170.02 million on March 6. Following the latest transactions, he still holds 38.27 million Nvidia shares valued at approximately $4.25 billion.
Nvidia designs and manufactures advanced graphics processing units (GPUs) and AI computing technology. For a thorough assessment of the stock, go to TipRanks’ Stock Analysis page.
NVDA Insiders Capitalize on Stock Surge
It’s worth noting that other top executives at Nvidia have also benefited from the company’s stock price surge by selling shares. CEO Jensen Huang, who has the largest individual stake in Nvidia, cashed out $713 million from the stock sale this year.
Further, in November, Ajay K. Puri, executive vice president of worldwide field operations, adopted a Rule 10b5-1 trading plan to sell about 204,890 shares through December 30, 2025. Also, one of NVDA’s directors, Aarti Shah, plans to sell up to 29,000 Nvidia shares through March 31, 2026.
Insiders Sentiment for NVDA Stock Is Currently Negative
Overall, corporate insiders have sold the company’s shares worth $60.7 million over the last three months. Overall, the sentiment among corporate insiders is currently Negative.
However, this doesn’t necessarily signal trouble for the company. Given Nvidia’s impressive growth and the increasing adoption of AI technologies, these insider transactions may not be a cause for concern.
Investors may benefit from keeping an eye on transactions made by key insiders, as these trades typically reflect their trust in the company’s future. Interestingly, TipRanks offers daily insider transactions as well as a list of top corporate insiders. It also provides a list of hot stocks that boast either a Very Positive or Positive insider confidence signal.
Is Nvidia a Good Stock to Buy Now?
Turning to Wall Street, NVDA has a Strong Buy consensus rating based on 37 Buys and three Holds assigned in the last three months. At $177.14, the average Nvidia price target implies 37.41% upside potential.
