NVIDIA Corporation

NASDAQ Global Select
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Slightly Bearish -15

NVIDIA director Mark Stevens sells $300.1 million in stock

Insider transaction AI-generated analysis

📉 NVIDIA director Mark Stevens sold 1,366,000 shares on September 18, 2026, totaling approximately $300.1 million.

💰 The bulk of the sale consisted of 1,356,000 shares executed at a weighted average price of $219.72.

🏦 Stevens retains direct holdings of 11,544,612 shares following the transaction.

🤝 He holds indirect beneficial ownership of an additional 980,531 shares through the Third Millennium Trust.

📜 A separate Envy Trust managed by Stevens indirectly holds 15,017,750 shares of NVIDIA stock.

📈 The sale occurred while NVIDIA shares traded near their 52-week high of $236.54.

💵 The transaction took place at a market price of approximately $225.07 per share.

🎯 InvestingPro analysis cited in the article suggests a fair value of $297.95 for the stock.

📊 A PEG ratio of 0.22 is noted as indicating attractive valuation relative to growth prospects.

Bullish Signals
  • Independent analysis cited in the report suggests NVIDIA shares are undervalued with a fair value estimate of $297.95.
  • The stock's PEG ratio of 0.22 indicates an attractive valuation relative to its growth prospects according to InvestingPro.
Risk Factors
  • Director Mark Stevens sold approximately $300 million in shares, representing a significant reduction in his direct holdings.
  • The sale occurred at a price of roughly $219.72 per share, which is below the current trading price of $225.07 and near the 52-week high.
Full Analysis
NVIDIA director Mark Stevens executed a significant stock sale on September 18, 2026, divesting approximately $300 million in company shares. The transaction involved the liquidation of 1,366,000 shares from his direct holdings, with the bulk of the sale occurring at a weighted average price of roughly $219.72 per share. Following this substantial reduction in position, Stevens retains a direct beneficial ownership of approximately 11.5 million shares. He also maintains indirect beneficial interests totaling over 10.8 million shares through two separate trusts where he serves as trustee or co-trustee, indicating continued significant skin in the game despite the large-scale exit. The sale took place while NVIDIA stock traded near its 52-week high of $236.54, with the specific transaction occurring around a market price of $225.07. Independent analysis cited in the report suggests the stock may be undervalued relative to growth prospects, noting a fair value estimate significantly higher than the current trading levels. This insider activity represents a notable cash-out event for a board member at a time when the company's shares are near recent peaks. The move highlights the divergence between current market pricing and analyst valuations, as well as the personal liquidity needs of key executives even during periods of strong stock performance.