By that time, their rate had gone down.
NVIDIA ended 2022 with a halving of its capitalization, and therefore Barron’s saw some pattern in the behavior of its permanent leader and founder Jen-Hsun Huang, who last sold the company’s shares only on March 1, and after that he exclusively bought .
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The choice of a milestone for the head of NVIDIA to make such an investment decision can be easily explained by the fact that by mid-February the company reported good quarter results, and then geopolitical events, lockdowns in China and a general decline in demand amid macroeconomic uncertainty began to worsen the situation on the market. Having sold 732,340 shares for a total of $202 million by the beginning of March, the founder of NVIDIA focused on buying them for the remainder of the year. For comparison, in 2021, the head of the company sold 1.3 million NVIDIA shares for a total of $426 million, so the revenue for the first couple of months of 2022 was, although more modest in absolute terms, in specific terms it was not bad.
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Since he receives part of the remuneration for his work in the form of shares, for the whole of 2022 he received 2.6 million shares of NVIDIA in one way or another, now he owns about 86 million securities of this issuer.