Mon Sep 23 22:33:45 UTC 2024: ## NVIDIA Director Sells $119 Million Worth of Stock

**Santa Clara, CA** – NVIDIA Co. (NASDAQ: NVDA) Director Tench Coxe unloaded 1 million shares of the company’s stock on Thursday, September 19th, according to a recent filing with the Securities and Exchange Commission. The shares were sold at an average price of $119.27, bringing the total transaction value to a hefty $119,270,000.

While the specific reason for the sale remains undisclosed, the transaction has sparked interest in the market. The move follows a period of strong growth for NVIDIA, driven by the company’s dominance in the graphics processing unit (GPU) market.

Coxe’s remaining stake in NVIDIA is currently not publicly available.

This news comes as NVIDIA continues to navigate the evolving landscape of the semiconductor industry. Analysts are closely monitoring the situation to assess the impact of this high-profile transaction on the company’s future performance.

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