Nvidia Director Sells $407M Shares as Stock Slips to $200
The latest development on June 24 highlights Nvidia director Mark Stevens dumping 1.8 million shares for $407 million in June, including an 885,000-share sale at $210.17. This follows positive June 23 news of Nvidia claiming the top data-center Ethernet spot, with Q1 revenue hitting $81.6 billion and networking surging 199%. NVDA has fallen 10.86% in June to $200, underperforming the S&P 500's 3.09% decline, though analysts maintain a $303.71 consensus target and the company authorized $80 billion in buybacks.