Stocks
NVIDIA Board Member Unloads $300M in Company Stock Amid Revenue Boom
NVIDIA Board Member Mark A Stevens Sold $300.15M Worth of Company Stock.
According to an SEC filing, Mark A Stevens, a board member at NVIDIA (NASDAQ:NVDA), sold 1,366,000 shares of the company's stock on September 22. The total value of this sale is a staggering $300,147,095.
NVIDIA, a leading developer of graphics processing units, has seen its revenue growth rate skyrocket to 105.85% over the past three months, as of July 31. This growth is significantly higher than that of its industry peers in the Information Technology sector.