2 High-Flying Stock-Split Stocks Prominent Billionaires Are Selling, and the 1 They're Buying Hand Over Fist

A stock split marks an event that allows publicly traded companies to cosmetically alter their share price and outstanding share count.

Over the last six months , 13 high-profile companies have announced or completed a stock split.

The first stock-split stock that billionaire money managers have been actively showing to the door is the hardware kingpin of the AI revolution, Nvidia .

Chipotle Mexican Grill is the second high-flying stock-split stock that billionaire investors dumped in droves during the second quarter .

The likeliest reason this trio of billionaires reduced their respective stakes has to do with Chipotle 's valuation.

Broadcom is one of the world's leading providers of wireless chips used in next-generation smartphones.

The Motley Fool has positions in and recommends Advanced Micro Devices , Chipotle Mexican Grill , Lam Research , Nvidia , Starbucks , Walmart , and Williams-Sonoma . The Motley Fool recommends Broadcom and Cintas and recommends the following options: short September 2024 $ 52 puts on Chipotle Mexican Grill . The Motley Fool has a disclosure policy. 2 High-Flying Stock-Split Stocks Prominent Billionaires Are Selling, and the 1 They're Buying Hand Over Fist was originally published by The Motley Fool .