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Barchart
Wajeeh Khan

Why 1 Nvidia Insider Just Sold Another $300 Million in Shares

Nvidia Mark Stevens NVDA

Nvidia (NVDA) stock is slipping on Wednesday morning following new SEC filings that revealed director Mark Stevens has further trimmed his stake in the artificial intelligence (AI) darling.

According to the regulatory filings, Stevens sold 1.366 million NVDA shares at weighted-average price of nearly $220 on Sept. 18, a transaction valued at roughly $300 million in total.

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