Nvidia Director Dumps Billions in Stock Amid Month-Long Selling Spree
Nvidia director Mark Stevens has made another significant reduction in his holdings by selling $300.15 million worth of stock.
The transaction, which occurred on September 18, involved 1.366 million shares being sold at an average price of $219.72 per share through the Third Millennium Trust, where Stevens and his wife are co-trustees.
Notably, this sale adds to a series of transactions made by Stevens this month, with previous filings showing roughly $410.84 million and $235.64 million in Nvidia stock sold on September 2 and 8 respectively.
Taken together, Stevens has reported about $946.63 million in Nvidia sales since August 31.