NVDA Edges Down Overnight After 6-Day Winning Streak — Director Mark Stevens Sells Another $300M In Stock

• Nvidia reported 106% revenue growth in its latest quarter, led by a 117% jump in data-center sales.

• Jensen Huang has said AI demand is accelerating as frontier labs and startups scale their systems.

• Post the sale, Stevens holds more than 26 million Nvidia shares directly and through trusts.

Nvidia Corp. director Mark Stevens sold another 1.4 million shares worth about $300 million in transactions on Sept. 18, according to a new Form 4 filing on Tuesday, extending a pattern of large insider sales at the chipmaker.

Nvidia shares dipped 0.2% in overnight trading late Tuesday. Shares have closed in the green for six straight sessions, gaining 8.6% over this period.

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Stevens Continues Selling Nvidia Stock

Stevens, a former Sequoia Capital managing partner, sold the latest lot at a weighted average price of $219.72, with another 10,000 shares at $220.42. The shares were held through trusts. Importantly, the filing does not indicate that the transactions were made under a Rule 10b5-1 trading plan.

The latest sales follow Stevens’s sale of roughly $640 million of Nvidia stock earlier this month. He has also been routinely selling Nvidia shares throughout 2026, including an $186 million sale in June.

Stevens remains a substantial shareholder, with the latest…