Insider trades: Sales continue at Nvidia; Broadcom, Blackstone among other notable names

Insider trades at Nvidia (NASDAQ:NVDA) continued this week, with several directors joining the selling spree. Broadcom (NASDAQ:AVGO) and Blackstone (NYSE:BX) were among the other firms that saw insider transactions this week. The following is a list of trades that occurred between September 22 and September 26.

  • Nvidia (NVDA) saw sales from several of its directors this week. Mark Stevens sold 350,000 shares at $176.39, for a total worth of $61.74M. He now holds 35M shares of the firm. Harvey Jones sold 250,000 shares at $176.21 each for $44.05M, leaving him with 7.25M shares. Director Persis Drell offloaded 40,000 shares at $177.65 for $7.11M, reducing her stake to 142,627 shares.
  • Broadcom (AVGO) CEO Hock Tan sold 100,000 shares at $339.58 per share for a total value of $33.96M, cutting his ownership to 1.21M shares.
  • CrowdStrike (NASDAQ:CRWD) CEO George Kurtz disposed of 17,830 shares at $494.53 each for $8.82M. Following the transaction, he retains ownership of 2.22M shares.
  • Joseph Baratta, director at Blackstone (BX), sold a total of 113,000 shares in the price range of $175.67 and $176.4 for a total value of $19.85 million. Baratta’s holding has reduced to 695,757 shares after the transaction.
  • Canopy Growth (NASDAQ:CGC) CEO Luc Mongeau bought 27,469 shares at $1.82 each for a total value of about $50,000, lifting his stake in the firm to 812,368 shares.
  • Marvell Technology (NASDAQ:MRVL) Chairman Matthew Murphy purchased shares worth $1.05M in the firm, raising his holdings to 268,637 shares. He bought 13,600 shares for $77.09 apiece.
  • Prospect Capital (NASDAQ:PSEC) CEO John Barry acquired 374,500 shares at $2.66. In the same week, Barry bought an additional 384,000 shares at the same price for a total value of $2.02M. Later in the week, he bagged another 741,158 shares for about $2M. His holding now stands at 85.51M shares following the purchases.

Leave a Reply

Your email address will not be published.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