Four Straight Months of Sales
Between September 22 and 24, Huang sold 225,000 shares of Nvidia common stock in open market transactions, pocketing about $40.2 million. The sales were executed at prices ranging from $174.82 to $184.38 per share, just shy of Nvidia’s all-time high of $184.55 reached on September 22.
These latest disposals follow similar moves in June, July, and August, when Huang sold tens of thousands of shares per day under a Rule 10b5-1 trading plan. That plan, announced in March, authorized the sale of up to 6 million shares and is designed to provide transparency and avoid the appearance of insider trading.
A Pattern of Large Cash-Outs
The scale of Huang’s sales has been striking.
- From June 20 to July 18, he sold more than 1 million shares, generating roughly $200 million.
- On several days in late June, he sold 50,000 to 75,000 shares daily, cashing out more than $7 million per day.
- In just six trading sessions between June 25 and July 2, he unloaded 450,000 shares, worth over $70 million.
- From July 16 to 18, he sold another 225,000 shares, bringing in more than $38 million.
This follows an earlier pre-arranged reduction plan in which Huang cashed out more than $700 million in the prior year. In June and July 2024 alone, he sold nearly $500 million worth of stock.
Still a Major Shareholder
Despite the steady selling, Huang remains one of Nvidia’s largest individual shareholders. As of August 2024, he still held more than 93 million shares, representing about 3.5% of the company’s total share capital. By July 2025, filings showed he retained over 74 million shares, underscoring his continued deep stake in the company he co-founded.
Nvidia's Market Value Keeps Climbing
The sales come against the backdrop of Nvidia’s meteoric rise. Since April, the stock has surged to record highs, fueled by insatiable demand for its graphics processing units (GPUs), which power everything from artificial intelligence models to data centers.
On September 22, Nvidia briefly touched $184.55 per share, pushing its market capitalization past $4 trillion—making it the first company in the world to hit that milestone. By the close of trading on September 24, shares settled at $176.97, giving Nvidia a market cap of $4.3 trillion.
The Bottom Line
Huang’s steady stock sales highlight both the extraordinary wealth generated by Nvidia’s dominance in the AI era and the careful planning executives use to manage their holdings. While the CEO has cashed out billions over the years, his remaining stake ensures his fortunes remain closely tied to Nvidia’s future.
For investors, the takeaway is clear: even as insiders take profits, Nvidia’s trajectory continues to be defined by its central role in the global AI boom.