Nvidia stock continues to soar to record highs after a recent split, but concerns have arisen over insider selling. The company’s board and executives, including CEO Jensen Huang, have sold $700 million in shares year-to-date. Despite these sales, the long-term bullish outlook for Nvidia remains solid. Insiders still hold significant stakes in the company, and selling shares may be driven by factors unrelated to its fundamentals. Nvidia’s sales growth is robust, with the potential for even higher revenue and profit in the coming years. Investors should not be quick to follow insider selling and instead focus on the company’s continued growth story. By holding onto their positions, investors could potentially benefit from Nvidia reaching new highs in the future. The company’s stock is rated highly on Portfolio Grader, indicating strong performance potential.
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https://investorplace.com/market360/2024/06/careful-nvidia-stock-investors-dont-let-let-insider-selling-scare-you-away/
