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Nvidia Director Sells $946 Million as AI Insiders Cash In
GuruFocus ·
GuruFocus reports: A director at Nvidia Corp. (NVDA, Financials), the semiconductor giant behind the AI expenditure boom, was leading a big wave of insider selling in the third quarter. The report data shows that Director Mark Stevens sold 4.24 million shares of Nvidia for around $946.6 million. That made him the top seller on a list that also featured some big-name technology CEOs. Nvidia's stock has jumped over 30% this year, highlighting the magnitude of the deal. But Stevens was hardly…