By Paul L.
Publication Date: 2026-09-23 08:49:00
One of Nvidia’s (NASDAQ: NVDA) largest individual shareholders has sold almost $1 billion worth of stock in a matter of weeks, coinciding with the technology giant’s sustained bullish run.
The latest transaction occurred on September 18, when board member Mark Stevens disposed of roughly 1.37 million shares worth about $300 million.
The sale extends an aggressive wave of Nvidia insider selling by Stevens, a longtime director and former Sequoia Capital managing partner.
Despite the latest disposal, he remains one of the company’s largest individual shareholders, with a stake worth an estimated $6.3 billion at current prices.
According to an SEC filing, Stevens sold 1,366,000 Nvidia shares through trusts at weighted average prices ranging from approximately $219.72 to $220.42 per share.
The filing shows that 1,356,000 shares were sold at an average price of $219.72, while another 10,000 shares were disposed of at an average price of $220.42. Following the transactions, Stevens retained indirect ownership of approximately 27.53 million Nvidia shares.
The latest sale generated proceeds of about $300 million and adds to a string of large transactions completed over the past month.
Stevens recent NVDA share sales
Recent filings indicate Stevens has sold nearly $947 million worth of Nvidia stock in recent weeks.
The latest disposal follows earlier transactions that generated…
