Bill Gates filed a string of purchases in RSG worth roughly $492 million in total, spread across 28 transactions between August 24 and September 2. The filings, which landed in early September, show Gates buying Republic Services shares repeatedly at prices around $221 to $222. The scale of buying is striking. Republic Services, the second-largest waste and recycling company in the US, has been a long-running position for Gates. But this cluster of fresh purchases signals renewed conviction from one of its biggest backers.
On the other side of the ledger, NVDA director Mark A. Stevens sold approximately $411 million worth of shares across seven transactions filed on September 2, with trades hitting between August 31 and September 2. Stevens, an independent director at Nvidia, offloaded around 1.85 million shares in a rapid burst. The sales coincided with Nvidia trading near record levels, and the scale, over 747,000 shares in a single day on August 31 alone, stands out. There is no public disclosure of a 10b5-1 pre-planned trading arrangement in the filings reviewed, making these transactions a stronger signal than routine scheduled sales.
Taiwan's August export orders hit a record $103 billion, nearly doubling year-on-year, reflecting surging global demand for semiconductors and electronics. That backdrop may have influenced Stevens's decision to lock in gains at elevated prices.
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