Mark A. Stevens, a director at NVIDIA Corp., sold 1,366,000 shares of common stock on September 18, 2026. The transactions totaled approximately $300,147,095, according to a regulatory filing, at a time when NVIDIA trades near its 52-week high.
Mark A. Stevens, a director at NVIDIA Corp., sold 1,366,000 shares of common stock on September 18, 2026. The transactions totaled approximately $300,147,095, according to a regulatory filing.
The bulk of the sale involved 1,356,000 shares at a weighted average price of $219.7219, with individual prices in that block ranging from $219.40 to $220.35. A separate transaction covered 10,000 shares at a weighted average price of $220.4199, with prices in that block ranging from $220.41 to $220.48. Both sales came from Stevens' direct holdings.
Following the transactions, Stevens directly holds 11,544,612 shares of NVIDIA common stock. He also holds indirect beneficial ownership of 980,531 shares through the Third Millennium Trust, where he and his wife serve as co-trustees. Separately, 15,017,750 shares are held indirectly by the Envy Trust, for which he serves as trustee.
The sale comes as NVIDIA shares trade at $225.07. That price sits near the stock's 52-week high of $236.54.
According to InvestingPro analysis, the stock appears undervalued with a fair value of $297.95. A PEG ratio of 0.22 suggests attractive valuation relative to growth prospects, the analysis notes.
Source: Investing.com
Trading involves risk.