Stevens Sells Nearly $1 Billion in Nvidia Stock

Nvidia director Mark Stevens has dumped nearly $1 billion in stock since August 31st.

The latest sale, reported on September 18th, saw Stevens sell 1.366 million shares for approximately $300.15 million through the Third Millennium Trust.

Stevens, who is also a co-trustee of the trust alongside his wife, continued to own a substantial stake in Nvidia after the sale.

The transaction was not made under a Rule 10b5-1 trading plan, and the reason for the sale is not disclosed.