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Nvidia director sold $947M in stock last quarter, the largest insider sale in the U.S.

Market News
09 Oct 2026
24/7 Wall Street
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Neutral
Nvidia director sold $947M in stock last quarter, the largest insider sale in the U.S.

Mark Stevens, a longtime Nvidia director, sold 4.24 million shares worth $947 million in Q3 2026, the largest insider sale in the U.S. that quarter. He sold in three rounds through a family trust, likely for estate or tax reasons, while still holding 27.5 million shares valued at $6.35 billion. Nvidia's CEO Jensen Huang made no sales, signaling confidence despite a recent stock dip amid AI chip sector concerns. Nvidia's strong revenue growth and supply constraints support its high valuation, though upcoming earnings and insider activity remain key watch points.

Nvidia shares are trading at USD 234.01 on Pluang as of Oct 09, 2026 19:41 WIB, showing a 1.53% gain in the last day. The stock's market cap stands at $5.57 trillion, reflecting its strong position despite recent sector concerns. Pluang data shows a majority of investors, 66%, are buying Nvidia shares, indicating ongoing confidence in the company.

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