Stocks
Nvidia Director Sells $300M Worth of Shares Amid Executive Selling Trend
Nvidia director Mark Stevens recently sold 1.37 million shares worth approximately $300.15 million at $219.73 each.
This sale represents 4.73% of his holdings, leaving him with 27.53 million shares.
The recent insider sale by Nvidia's director is part of a broader trend of executive share sales in the technology sector.
Nvidia Corp (NVDA) is trading at $225.07, about 43.2% below its intrinsic value estimate of $396.54, suggesting undervaluation.