An NVDA board member has been cashing out at scale. Independent Director Mark Stevens filed sales of $411M worth of Nvidia shares across August 31 and September 2, offloading nearly 1.85 million shares. The trades were disclosed to the SEC on September 2. No 10b5-1 pre-planned sale flag was noted in the filing, making this a higher-signal event than a routine scheduled disposal.
Nvidia's stock has surged this year on AI demand. Stevens has held a board seat since 2008, and a sale of this size stands out even against the stock's elevated price.
On the buy side, Bill Gates has been steadily adding to his position in RSG Republic Services. Filings show he acquired roughly $147M worth of shares across three transactions in late August. The waste management giant has earnings due this week, according to ORTEX data — the timing of his purchases just ahead of results is notable.
Across the Atlantic, a major shareholder in Swedish gaming group EVO disclosed purchases totalling over $715M in Evolution AB shares. Kenneth Bryan Dart filed the trades — conducted in late July — only on August 26. Dart built a stake of roughly 10 million shares. The late disclosure is typical for large private holders. Evolution has faced regulatory scrutiny in recent months, making the scale of Dart's accumulation a bullish counter-signal from a well-capitalised insider.
Meanwhile, ARGX argenx CEO Tim Van Hauwermeiren filed a $21M personal sale on September 5, covering 20,000 shares traded September 3.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
