Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Nvidia board member pockets over $50M in stock sale By: FOX Business June 22, 2023 at 13:37 PM EDT As Nvidia’s share price continues its surge, longtime board member Mark Stevens and others are cashing in on the chipmaker’s 195% increase this year. A longtime Nvidia board member is cashing in on the success of the chipmaker’s stock this year, which pushed the value of the company to over $1 trillion, selling more than 100,000 shares worth more than $50 million, according to a regulatory filing.Mark Stevens, who’s been on the company’s board since 2008, joins a pair of other Nvidia directors benefiting from the steep rise in share value of nearly 200%. According to the Wednesday filing with the SEC, Stevens unloaded 118,602 shares of Nvidia over recent trading sessions.NVIDIA MARKET CAP TOPS $1TAt a price range between $429.90 and $434.20 for the company shares, Stevens took in just over $51 million from the sales. Despite the sale, Stevens still owns over one million shares of Nvidia in a trust he shares with his wife, along with 1.98 million shares in another trust and 1.29 million shares he owns directly.Meanwhile, FactSet listed Stevens as the second-largest stakeholder investor in Nvidia before his recent sell. Jensen Huang, the company’s co-founder and chief executive, remains the company’s largest shareholder.GENERATIVE AI TOOLS LEAD TO RISING DEEPFAKE FRAUDLast week, Nvidia board member Tench Coxe pocketed $21 million from selling some of his stock, after pulling in $38 million from a sell in June. Nvidia board member Harvey Jones also took advantage of the rising stock price last week, selling over $48 million worth after selling more than $28 million earlier in the month.GOOGLE SAYS ITS AI SUPERCOMPUTER IS FASTER, GREENER THAN NVIDIA A100 CHIPWith the run up in Nvidia shares the company's market value crossed over $1 trillion joining a small but exclusive group of companies including Apple, Microsoft, Amazon and Microsoft. GET FOX BUSINESS ON THE GO BY CLICKING HERE Related Stocks: NVIDIA Corp Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Nvidia board member pockets over $50M in stock sale By: FOX Business June 22, 2023 at 13:37 PM EDT As Nvidia’s share price continues its surge, longtime board member Mark Stevens and others are cashing in on the chipmaker’s 195% increase this year. A longtime Nvidia board member is cashing in on the success of the chipmaker’s stock this year, which pushed the value of the company to over $1 trillion, selling more than 100,000 shares worth more than $50 million, according to a regulatory filing.Mark Stevens, who’s been on the company’s board since 2008, joins a pair of other Nvidia directors benefiting from the steep rise in share value of nearly 200%. According to the Wednesday filing with the SEC, Stevens unloaded 118,602 shares of Nvidia over recent trading sessions.NVIDIA MARKET CAP TOPS $1TAt a price range between $429.90 and $434.20 for the company shares, Stevens took in just over $51 million from the sales. Despite the sale, Stevens still owns over one million shares of Nvidia in a trust he shares with his wife, along with 1.98 million shares in another trust and 1.29 million shares he owns directly.Meanwhile, FactSet listed Stevens as the second-largest stakeholder investor in Nvidia before his recent sell. Jensen Huang, the company’s co-founder and chief executive, remains the company’s largest shareholder.GENERATIVE AI TOOLS LEAD TO RISING DEEPFAKE FRAUDLast week, Nvidia board member Tench Coxe pocketed $21 million from selling some of his stock, after pulling in $38 million from a sell in June. Nvidia board member Harvey Jones also took advantage of the rising stock price last week, selling over $48 million worth after selling more than $28 million earlier in the month.GOOGLE SAYS ITS AI SUPERCOMPUTER IS FASTER, GREENER THAN NVIDIA A100 CHIPWith the run up in Nvidia shares the company's market value crossed over $1 trillion joining a small but exclusive group of companies including Apple, Microsoft, Amazon and Microsoft. GET FOX BUSINESS ON THE GO BY CLICKING HERE Related Stocks: NVIDIA Corp
