NVIDIA insiders have attracted investor scrutiny this week after the chip giant’s CFO and a board member collectively liquidated $14.26 million worth of shares across consecutive trading sessions.
On March 20, Colette Kress, who serves as Executive Vice President and Chief Financial Officer, executed sales of 68,798 shares with transaction prices falling between $171.97 and $177.51, generating proceeds of $10.9 million. Despite the sale, Kress maintains direct ownership of 881,387 shares and continues to hold additional shares indirectly through various trusts and a limited liability company.
Just two days prior on March 18, Kress executed another disposal involving 76,535 shares at $181.93 each — a transaction valued at approximately $13.9 million — specifically structured to satisfy tax withholding requirements associated with equity-based compensation. These types of sales are standard practice among corporate executives who receive stock grants as part of their compensation packages.
Meanwhile, board member Aarti Shah disclosed through SEC Form 4 filings that she sold 19,000 shares on March 19 through three separate executions. The sales carried weighted average prices ranging from $176.27 to $177.73, resulting in total proceeds of $3.36 million. Following these transactions, Shah retains direct ownership of 36,007 shares.
NVDA stock was changing hands at $173 when the regulatory filings were submitted, placing the company’s market capitalization at $4.19 trillion.
Both sets of transactions were carried out under Rule 10b5-1 trading arrangements — Shah’s plan was established on November 25, 2024. These compliance mechanisms enable corporate insiders to establish predetermined selling schedules based on specific timing or price parameters, effectively creating a barrier between trading decisions and potential access to material non-public information.
The semiconductor leader’s shares currently reflect a 7.3% decline from the start of the year and trade substantially below the 52-week peak of $212.19. Nevertheless, NVDA investors have realized gains approaching 47% when measuring performance over the past year.
Equity analysts maintain predominantly bullish views on the stock. Wolfe Research carries an Outperform designation with a $275 valuation target, referencing management commentary about a feasible trajectory toward $1 trillion in annual revenue by 2027.
Raymond James adopted an even more aggressive stance, elevating its price objective to $323 while reaffirming a Strong Buy recommendation, supported by robust projected cumulative GPU shipment volumes extending through 2027. Argus maintains a Buy rating with a $220 target price, emphasizing the strategic importance of the newly unveiled Vera Rubin rack-scale architecture designed for data center deployments.
From a valuation perspective, InvestingPro data indicates NVIDIA’s PEG ratio stands at 0.54 — a metric that often signals favorable pricing when comparing share price to projected earnings growth.
In related developments affecting the Nvidia supply chain, federal authorities in New York disclosed an indictment against Super Micro Computer founder Wally Liaw and two additional defendants. The criminal charges allege a conspiracy to illegally export $2.5 billion worth of AI servers — containing Nvidia GPUs — to Chinese entities in violation of U.S. export restrictions.
Bernstein SocGen maintained its Market Perform rating on Super Micro with a $37 price objective following the indictment announcement.
In separate corporate news, Qnity Electronics revealed a strategic collaboration with Nvidia to leverage its cutting-edge computing platforms for semiconductor and electronics materials development.
NVDA stock concluded trading at $173 on March 20, 2026.
The post Nvidia (NVDA) Insiders Dump $14.26 Million in Stock Over 48 Hours appeared first on Blockonomi.
