NVIDIA Director’s $61M Share Sale: Tax Strategy, Not Bearish Signal, Analysts Say

NVIDIA director Mark Stevens sold 350,000 common shares at $176.39 apiece, generating $61.73 million in proceeds during a transaction disclosed on September 19, 2025 Mark Stevens Sells 350,000 Shares of NVIDIA (NASDAQ:NVDA) …^[1]. The sale reduced Stevens’ stake in the company by 4.52%, leaving him with 7,399,803 shares valued at approximately $1.3 billion Mark Stevens Sells 350,000 Shares of NVIDIA (NASDAQ:NVDA) …^[1]. The transaction, detailed in a SEC Form 4 filing, occurred at prices ranging from $176.00 to $176.62, with a weighted average of $176.39 NVDA Form 4: Director Mark Stevens Sells 350,000 Shares at …^[3]. Stevens’ holdings are partially held indirectly through trusts, including the Envy Trust and the Third Millennium Trust NVDA Form 4: Director Mark Stevens Sells 350,000 Shares at …^[3].

This sale marks the latest in a series of insider transactions at NVIDIA, with Stevens having offloaded over $400 million worth of shares in 2024 NVIDIA director sells 350,000 common shares at $176.39 each^[2]. The broader context of insider activity includes CEO Jen Hsun Huang selling 75,000 shares in late August 2025 and CFO Colette Kress divesting 47,640 shares in early August Is Nvidia insider selling a sign of overvaluation or strategic ...^[5]. Analysts attribute such sales to tax optimization, wealth diversification, and routine portfolio management rather than a bearish outlook on the stock Insider Selling at NVIDIA Could Turn Into an Opportunity^[6]. Despite these transactions, insiders collectively retain over 4% ownership in the company Insider Selling at NVIDIA Could Turn Into an Opportunity^[6].

NVIDIA’s stock has surged over 50% in the past year, driven by its dominance in the AI chip market, where it holds an estimated 80-90% share NVIDIA director sells 350,000 common shares at $176.39 each^[2]. The company’s data center revenue reached $39.1 billion in Q1 2025, reflecting a 74% year-over-year increase . Recent product launches, such as the Blackwell supercomputer, have further solidified NVIDIA’s position, with early subscriptions and partnerships with hyperscalers like Amazon and Meta Explosive growth in AI chips puts Nvidia on top, while hidden risks ...^[7].

Market sentiment remains overwhelmingly positive, with 36 “Buy” ratings, two “Hold” ratings, and one “Sell” rating from analysts, translating to an average target price of $208.76 Mark Stevens Sells 350,000 Shares of NVIDIA (NASDAQ:NVDA) …^[1]. Institutional investors, including Brighton Jones LLC and Hudson Value Partners LLC, have increased their stakes in NVIDIA in Q4 2024, adding to the 65.27% of shares already owned by institutional investors Mark Stevens Sells 350,000 Shares of NVIDIA (NASDAQ:NVDA) …^[1].

While insider selling has totaled $192.3 million in the past three months, analysts caution that such activity does not necessarily signal overvaluation. Bank of America’s Vivek Arya highlighted NVIDIA’s ecosystem advantages, including its CUDA platform and partnerships, as barriers to competitors like AMD and Intel . Morningstar Equity Research projects AI-related sales could approach $400 billion by 2028, underscoring the sector’s long-term growth potential Nvidia Dominates AI Chips: Analyst Sees 85% Market Share Amid …^[9].

NVIDIA’s market capitalization has surpassed $4.4 trillion, making it the largest listed U.S. company . The stock traded at $178.43 as of September 2025, with a 52-week range of $86.62 to $184.55 Mark Stevens Sells 350,000 Shares of NVIDIA (NASDAQ:NVDA) …^[1]. Despite regulatory challenges, such as a Chinese antitrust investigation into its 2020 Mellanox acquisition, the company continues to expand its influence in AI infrastructure, gaming, and enterprise solutions What's going on with Nvidia stock and the booming AI market?^[10].