Ajay K. Puri, Executive Vice President of Worldwide Field Operations at NVIDIA Corp (NASDAQ:NVDA), recently sold a significant portion of the company’s stock according to a regulatory filing. The transaction comes as NVIDIA, now worth $3.43 trillion, has seen its stock surge 168% over the past year, making it one of the market’s top performers. On January 6 and 7, Puri disposed of a total of 36,695 shares, amounting to a total transaction value of approximately $5.54 million. The shares were traded at prices ranging from $150.405 to $152.5001 per share.

Following these transactions, Puri owns 3,902,655 shares indirectly through a trust. These sales were made under a pre-arranged trading plan established on September 30, 2024, as part of a Rule 10b5-1 trading plan.

In other recent news, NVIDIA Corporation (NASDAQ: ) has been the subject of several analyst notes. Bernstein outlined its technology strategy for 2025, with NVIDIA being a key contributor to the tech sector’s outperformance last year. The company expects NVIDIA’s development, especially in artificial intelligence (AI), to greatly influence the performance of the tech sector in 2025. In addition, Bernstein analysts maintain an Outperform rating on about NVIDIA, following the company’s recent keynote at the Consumer Electronics Show (CES) showcasing new products and partnerships.

DA Davidson, however, maintained a Neutral stance on NVIDIA shares, even after the company’s important announcements at CES. The company noted the lack of many financial updates or a detailed roadmap for its data center products this year. In other developments, Uber Technologies Inc . (NYSE:) announced a partnership with NVIDIA to advance autonomous vehicle technology through AI, a move endorsed by BofA Securities, which maintains a Buy rating on Uber stock.

Finally, the CEO of NVIDIA, Jensen Huang, stated that he is ready to meet with the elected President of the US to discuss AI policy. These are recent developments that investors should consider when evaluating the company’s performance and future prospects.

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