Stock price hits a new high, executives are busy reducing their holdings: Huang Renxun reduces holdings by 160 million, Bezos wants to sell 5 billion!

Tech giants' stock prices in the US continue to hit new highs, while founders and executives have started to cash out.

According to regulatory filings, Amazon founder Bezos disclosed a plan to sell 25 million shares of Amazon stock after the market closed on Tuesday. Based on Amazon's stock price in the past two trading days, Bezos' stock sale is valued at nearly $5 billion.

Amazon's stock price hit a historical high of $200.43 during Wednesday's trading session, with a year-to-date increase of over 30%, outperforming the 4% gain of the Dow Jones Industrial Average during the same period.

In fact, this is Bezos' second stock sale this year. Back in February, he sold $8.5 billion worth of Amazon stock. As the world's second-richest person according to Forbes, with a net worth of $214 billion, Bezos still holds 8.8% of Amazon's shares after Tuesday's sale, approximately 912 million shares.

Bezos is not the only one selling a large amount of shares as the company's stock price soars.

NVIDIA CEO Huang Renxun also sold 1.3 million shares of NVIDIA stock worth about $169 million in June, marking his largest single-month sale of NVIDIA shares.

Although the number of shares sold in June only accounts for a small percentage of Huang Renxun's personal holdings, the cash-out in that month, as NVIDIA's stock price surged as a leader in AI, brought substantial profits to Huang. NVIDIA rose nearly 13% in June alone and has increased by about 166% year-to-date.

With the sharp rise in NVIDIA's stock price, Huang, as the CEO, has seen a significant increase in his personal wealth. According to Forbes, Huang's net worth has more than doubled in the past 6 months, currently ranking 12th in the world with a net worth of $112 billion.

In fact, Huang's stock sale plan was announced as early as March this year. At that time, NVIDIA mentioned in its quarterly financial report that Huang Renxun would sell up to 600,000 shares of stock by the end of March 2025 through a 10b5-1 stock sale plan. Market analysts point out that the shares sold by Huang this time are part of his executive compensation plan, including restricted stock units (RSUs) and performance stock units (PSUs), which is a common practice for CEOs under certain conditions.

Huang is not the only "insider" selling NVIDIA shares. According to estimates by the media, NVIDIA executives and directors have cashed out over $700 million in NVIDIA shares in the first half of this year