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Nvidia insider Mark Stevens sells nearly $1B in shares amid strong AI-driven stock rally

Market News
23 Sep 2026
Finbold
View Source
Neutral
Nvidia insider Mark Stevens sells nearly $1B in shares amid strong AI-driven stock rally

Mark Stevens, a longtime Nvidia board member and one of its largest shareholders, has sold nearly $1 billion worth of Nvidia stock in recent weeks, including about $300 million on September 18 alone. Despite these sales, he still holds a significant stake valued at approximately $6.3 billion. The sales coincide with Nvidia's stock rally driven by strong investor interest in AI infrastructure. While insider selling can be for various reasons like diversification or tax planning, the scale of Stevens' sales has drawn attention since Nvidia insiders have sold over $2 billion in shares in the past year without any open-market purchases, which could impact investor sentiment.

Following the news of significant insider sales by Nvidia's Mark Stevens, Nvidia shares remain stable on Pluang. As of September 23, 2026, at 15:52 WIB, Nvidia (NVDA) trades at USD 229.02 with a slight 1-day increase of 0.07%. The stock is near its 52-week high of USD 235.75, and Pluang users show a majority sell sentiment at 64%, indicating mixed reactions to the insider activity.

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