Nvidia board member Mark Stevens sells nearly $1 billion in stock

  • Mark Stevens sold 1.366 million Nvidia shares for approximately $300.15 million on September 18.
  • Stevens’ disclosed Nvidia sales since late August total approximately $946.6 million.
  • Nvidia shares traded around $227.80 in Wednesday’s premarket, near their 52-week peak.

Nvidia board member Mark Stevens has disclosed nearly $946.6 million in stock sales since late August, including about $300.15 million on September 18. The latest sale involved 1.366 million shares, mostly sold at a weighted-average price of $219.72. Stevens still holds significant Nvidia exposure through direct ownership, the Envy Trust and the Third Millennium Trust. Nvidia shares were around $227.80 in Wednesday’s premarket, near their 52-week high, and showed little immediate reaction. SEC filings provide transaction details but no explanation for the disposals.

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Nvidia board member Mark Stevens sells nearly $1 billion in stock - CoinPost Terminal