NVIDIA Director Dumps $411M in Shares
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An NVIDIA director filed sales of more than $411 million worth of stock in early September, making it one of the largest insider disposals in the US market this year.
Mark A. Stevens, an Independent Director at NVDA, sold 1.85 million shares across trades on 31 August and 2 September 2026. The filings were reported to regulators by 2 September. ORTEX data does not flag these as pre-planned 10b5-1 sales, making them a stronger signal to watch.
Stevens's sales came as NVIDIA stock traded near all-time highs. The chip giant has been the dominant story in markets for two years, driven by AI data centre demand.
Elsewhere, Uber's President and COO, Andrew Gordon MacDonald, filed purchases of roughly $5.3 million in UBER stock on 4 September, paying around $75 per share. An open-market buy by a C-suite executive is generally considered a high-conviction signal. MacDonald's filing suggests management sees value at current levels.
In the wider market, JPMorgan filed disposals of over $84 million in Kingdee International Software and $70 million in Sunny Optical Technology, both Hong Kong-listed names, as the bank adjusted its institutional positions.
The vendor insider data used here covers non-US markets directly. For US stocks, ORTEX's first-party SEC EDGAR filings remain the definitive source.
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How this article was generated
- Generated
- 27 Oct 2026, 20:12
- Prompt version
- v1.0
- Data sources
- Institutional positioningAlt DataIndex Rebalance
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.