An NVIDIA director filed a massive sell. Mark A. Stevens, an independent board member, disclosed $221M in NVIDIA share sales across two days this week. He sold 500,000 shares on June 2 and another 500,000 on June 4. The filings landed on June 4.
NVIDIA trades near all-time highs. Stevens' timing raises eyebrows among watchers of insider activity.
On the buying side, a board-linked firm at International Flavors & Fragrances made a bold bet. Continental Grain Company — which holds a board seat — filed a $19.3M purchase on June 2. Director Paul Fribourg added another $1M personally the same day. IFF has struggled lately, and this cluster of buying from people with board visibility is a clear vote of confidence.
Elsewhere, Xiaomi filed three separate purchases in Kingsoft totalling nearly $60M across late May and early June. Xiaomi holds a strategic stake in the software firm.
On the sell side, the Walton family trust filed a $184M reduction in Walmart on June 4. saw Silver Lake — a board-level investor — file $47M in sales, also on June 4.
This is not financial advice.
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.
