Monday, December 25, 2006

Nvidia directors, execs cash in

SHARE PRICE HAS DOUBLED SINCE SUMMER

By Chris O'Brien
Mercury News

It's been an eventful few months for Nvidia, full of good and bad news. Investors have largely ignored the negative news, sending the Santa Clara company's stock soaring.

Since the stock started a comeback in mid-July, six insiders have sold $87.65 million worth of Nvidia shares, including $74 million in December. So far in the current quarter, insider stock sales at Nvidia are running at the highest quarterly level in five years, according to information from Thomson Financial.

Read more here.

0 Comments: