$NVIDIA(NVDA.US) CEO Jensen Huang is selling NVIDIA shares again, this time applying to sell 120,000 shares worth $16.3 million.

In fact, according to shareholder information, in the disclosure documents on March 25 this year, Jensen Huang was still increasing his holdings in NVIDIA. Then in May, strong earnings + a 10-for-1 stock split sent the stock price soaring from $90 to $140, with the split contributing at least half of the gain. Just as the market cap peaked, news of the CEO's share sale emerged. Insider selling at highs is clearly not good news.