
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.