Nvidia Stock Slips After Director Sells $300 Million in Shares

Nvidia's five-day winning streak came to an end on Wednesday as the stock slipped 1.5% to $225.36, following a recent advance.

The decline occurred after Nvidia had climbed across the previous five trading sessions, with shares rising from $212.17 on September 15 to $227.38 on September 21.

Trading attention also remained on insider activity, as director Mark Stevens sold 1.366 million shares on September 18 for approximately $300.15 million, according to a filing with the U.S. Securities and Exchange Commission.

Nvidia remains above its September 15 closing level, leaving the shares about 6.2% higher over that period.