Board member Mark Stevens' sales, which were done through a trust he shares with his wife, came after Nvidia reported blowout earnings last week.
A longtime Nvidia Corp. board member sold $25 million in stock earlier this week, though that represented just a small fraction of his sizable holdings.
Stevens’ sales, which were done through a trust he shares with his wife, came after Nvidia reported blowout earnings last week. Nvidia’s shares secured a record close this Wednesday, having surged 238% so far this year.The managing partner of S-Cubed Capital, a family-office investment firm, Stevens has been on Nvidia’s board since 2008 in his current stint, though he also was on the board from 1993 to 2006.
FactSet listed Stevens as the second largest insider or stakeholder owner of Nvidia shares as of June, behind Chief Executive Jensen Huang.
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