Two Nvidia Corp. directors sold about $180 million in shares of the chipmaker in recent days, becoming the latest insiders to cash in as the stock continues to push deeper into record territory.
Tench Coxe, a former managing director at venture capital firm Sutter Hill Ventures who has been on Nvidia’s board since 1993, sold 200,000 shares on March 5 at $850.03 to $852.50, according to a filing. Coxe still holds more than 3.7 million shares.
Mark Stevens, a director since 2008, sold 12,000 shares on March 4 at $852.06 to $855.02.
The sales come amid ...
