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International Business Times
International Business Times
Kiran Tom Sajan

Nvidia CEO Jensen Huang Sold $323M In Shares Before Global Stock Rout

Despite the series of sales, Jensen Huang still holds a significant number of shares in Nvidia (Credit: AFP)

Nvidia CEO Jensen Huang shed a record amount of shares from his portfolio last month, ahead of a brutal global stock sell-off. According to Securities and Exchange Commission filings, Huang sold $322.7 million worth of Nvidia shares in July, contributing to the nearly $500 million he has offloaded this summer.

The transactions were part of a pre-determined trading plan that Huang filed in March, which proved to be well-timed, according to Business Insider.

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