Insider trades: Nvidia, CrowdStrike among notable names this week

Nvidia (NASDAQ:NVDA) officials were seen selling the company’s shares for the second straight week. Other companies that witnessed insider activity this week include retail chains Costco (NASDAQ:COST) and Target (NYSE:TGT) and healthcare major CVS Health (NYSE:CVS). Below is a list of transactions that occurred between June 9 to June 13.

  • Nvidia’s (NVDA) Director Tench Coxe sold 1M shares of the company at a price of $142.80 each, for a total value of $142.8M. Coxe retains ownership of 31.57M shares following the transaction. Meanwhile, another director at the firm, Mark Stevens, offloaded a total of 358,849 shares at a price range of $141.85 to $142.5, resulting in a total value of $51M. Following the transaction, he holds 36.47M shares in the company.
  • Michael Sentonas, president of CrowdStrike (NASDAQ:CRWD) sold 25,000 shares of the company for $477 apiece, totaling about $11.93M. His holding in the company now stands at 422,204 shares.
  • Costco’s (COST) Executive Vice President Pierre Riel sold a stake worth $2M in the retail chain. He let go of 2,000 shares for about $1,014.15 each, reducing his shareholding to about 8,210 shares.
  • Matthew Liegel, the chief accounting officer of Target (TGT), sold 2,044 shares of common stock at a price of $100.9 per share, totaling $206,245. Following this transaction, Liegel owns 11,064 shares of Target’s common stock.
  • Patrick Conway, CEO of UnitedHealth Group’s (NYSE:UNH) subsidiary Optum, sold 589 shares of the parent company at $305 per share, totaling $179,645. After the sale, Conway directly holds 10,398 shares of UnitedHealth Group.
  • On the buy side, CVS Health’s (CVS) Director Guy Sansone purchased 1,570 shares for $63.7 each for a total value of $100,009. His holding has now increased to 12,007.36 shares in the firm.
  • Paul Middleton, CFO at Plug Power (NASDAQ:PLUG) revealed in a filing that he bought 650,000 shares of the company for about $1.03, investing a total of $672,035. Middleton now holds 2.61M shares in the company.

Leave a Reply

Your email address will not be published. Required fields are marked *