Nvidia Director Sells $946 Million as AI Insiders Cash In Faizan Farooque Wed, October 7, 2026 at 10:49 AM EDT NVDA -0.90% AMZN -0.36% ANET -1.73% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
A director at Nvidia Corp. (NVDA, Financials), the semiconductor giant behind the AI expenditure boom, was leading a big wave of insider selling in the third quarter.The report data shows that Director Mark Stevens sold 4.24 million shares of Nvidia for around $946.6 million. That made him the top seller on a list that also featured some big-name technology CEOs.Nvidia's stock has jumped over 30% this year, highlighting the magnitude of the deal. But Stevens was hardly the only one.Arista Networks CEO Jayshree Ullal sold around $446 million of shares while CoreWeave CEO Michael Intrator sold about $347.2 million. Amazon founder Jeff Bezos sold about $346.5 million worth of shares, after earlier announcing he planned to sell up to 15 million shares.The figures are stark, but investors should be cautious not to interpret every sell as a warning. Several of the transactions, including those by Ullal and Intrator, came under planned 10b5-1 trading strategies. Executives also can sell shares to diversify their holdings, pay taxes or for other personal reasons.Still, the size of the insider selling is worth noting, especially with AI-related valuations running high.Nvidia and other AI-linked equities are now moving into 2027, and investors will be monitoring for the selling in future regulatory reports.
