Nvidia Board Director sold around 4.2 million shares beginning August 31 and ending September 18, with the sale making him somewhere around $947 million.

Nvidia Board Director Mark Stevens sold about 4.2 million of his shares, netting him around $1 billion in cash, almost exactly two months before Jensen Huang was accused of having “close ties” to an alleged Chinese spy.

According to Moneywise.com, Stevens started the sale from August 31 to September 2, when Nvidia stock hovered between $220 and $226, which made him $411 million. The next tranche, totaling $236 million, came in the next couple of days as Nvidia traded from $227 to $234.

The final sale happened on September 18 at around $220 per share, making Stevens approximately $300 million. These three transactions would have made him somewhere around $947 million.

  • JangleJack
    1·
    1 hour ago

    Amen, neighbor. Either way it should be insider trading. Like if you can turn around and verify Ed Zitron’s analysis from your desk, then you sell, that’s inside information.