The selling is immaterial in size and lacks C-suite participation, so no bearish read-through. Monitor for any change in CEO/CFO selling patterns; current activity is routine post-earnings diversification. The strong earnings report remains the dominant driver for NVDA.
Price Chart
Executive Summary
Two NVDA insiders (Director Stevens and EVP/GC Teter) sold a combined ~$406.5M in open-market shares over the past week, following the company's blockbuster Q2 FY27 earnings beat-and-raise. However, the selling represents only ~0.007% of NVDA's $5.5T market cap, making it trivial in proportional terms. No C-suite executives participated, and the sales are consistent with routine post-earnings diversification rather than a bearish signal.
Key Financial Metrics
Key Facts
- Director Mark A. Stevens sold ~$400M across multiple trades on Aug 31–Sep 2 at prices between $220 and $226.
- EVP/GC Timothy S. Teter sold ~$6.5M on Aug 31 at ~$217–$218.
- Director Tench Coxe gifted 500,000 shares (non-cash) on Sep 2.
- Total insider selling of ~$406.5M is only 0.007% of NVDA's $5.5T market cap.
- Cluster follows NVDA's Aug 26 earnings release: revenue $96.2B (+106% YoY), EPS $2.46, Q3 guidance $108.0B — all well above consensus.
Financial Impact
Total open-market sales of ~$406.5M, but negligible relative to $5.5T market cap (0.007%).
Risk Factors
- If C-suite insiders begin selling in similar magnitude, it could signal a change in sentiment.
- The cluster occurs near all-time highs, raising the possibility of additional profit-taking by other insiders.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NVDA-1788555687212 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | ANALYST-UPGRADE | — | awaiting T+5 | — | — |
Sep 3, 2026 29d ago | 8-K | $228.45 $218.29 | ▼ −4.45% | ▼ −3.30% | $230.86 (+1.05%) |
Sep 3, 2026 29d ago | 3 | $228.45 $218.29 | ▼ −4.45% | ▼ −3.30% | $230.86 (+1.05%) |
Sep 2, 2026 4w ago | Insider Cluster | $224.41 $218.36 | ▼ −2.70% | ▼ −1.74% | $230.86 (+2.87%) |
Sep 2, 2026 4w ago | Insider Cluster | $224.41 $218.36 | ▼ −2.70% | ▼ −1.74% | $230.86 (+2.87%) |
Aug 31, 2026 4w ago | 144 | $220.78 $225.73 | ▲ +2.24% | ▲ +2.38% | $230.86 (+4.57%) |
Aug 26, 2026 5w ago | Press Release | $227.98 $228.45 | ▲ +0.21% | ▼ −0.06% | $230.86 (+1.26%) |
Aug 26, 2026 5w ago | Press Release | $227.98 $228.45 | ▲ +0.21% | ▼ −0.06% | $230.86 (+1.26%) |
Aug 26, 2026 5w ago | 8-K | $209.66 $224.41 | ▲ +7.04% | ▲ +7.16% | $230.86 (+10.11%) |
Aug 24, 2026 5w ago | Press Release | $208.48 $220.78 | ▲ +5.90% | ▲ +5.43% | $230.86 (+10.73%) |
US Market Status
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