Technology

Broadcom, Nvidia among the stocks showing notable insider sales

Broadcom, Nvidia among the stocks showing notable insider sales

Several technology giants have seen insider sales over the past week as the tech-heavy NASDAQ Composite continues to hover within striking distance of its record high. Insiders at companies including Broadcom , Nvidia and Strategy offloaded millions of dollars worth of shares this month, according to a raft of disclosures filed with the U.S. Securities Exchange Commission. Here’s what executives sold (percentages as of Friday’s close): Broadcom (AVGO) CEO Hock Tan sold 100,000 shares at an average price of $339.58 for a total of $34 million. Shares are up 28% over the prior three months. Ross Stores (ROST) CEO James Grant Conroy sold 39,400 shares at an average price of $146.00 for a total of $5.7 million. Shares are up 17% over the prior three months. Gap Inc (GAP) Director Robert Fisher sold 500,000 shares at an average price of $22.90 for a total of $11.4 million. Shares are up 7% over three months. Oklo (OKLO) Director Michael Stuart Klein sold 50,000 shares at an average share price of $133.76 for a total of $6.7 million. Shares are up 150% over the prior three months. Nvidia (NVDA) Director Mark Stevens sold 350,000 shares at an average price of $176.39 for a total of $61.7 million. Shares are up 23% over the prior three months. Director Harvey Jones also sold 250,000 shares at an average price of $176.21 for a total of $44.1 million. Shares are up 21% over the prior three months. Strategy (MSTR) EVP & General Counsel Wei-Ming Shao sold 10,000 shares at an average price of $355.79 for a total of $3.6 million. Transaction included exercising options that expire in 2032. Shares are down 5% over the prior three months. Ciena (CIEN) Director Bruce Claflin sold 8,500 shares at an average price of $140.12 for a total of $1.2 million. Shares are up 74% over the prior three months. AutoZone (AZO) VP John Scott Murphy sold 2,900 shares at an average price of $4,180 for a total of $11.9 million. Transaction included exercising options that expire in 2026 and 2027. Shares are up around 20% over the prior three months.