After the stock price of chip giant Nvidia gradually rebounded from low levels earlier this year, the company's director, billionaire Mark Stevens, sold more than one million shares of Nvidia this week.

Last year, Nvidia insiders sold their own shares worth more than $2 billion, according to data from Washington Service, which tracks insider transactions. This is a "record" number for Nvidia. However, the data also shows that so far, the situation will slow down a lot in 2025. Before Stevens sold his shares, only a few insiders traded, with a total transaction volume of only about $30 million.

Shares continued to fall 1.83% before trading Thursday night, with a deadline of $325.97 due to disappointing sales figures in China and Germany. As of Wednesday, the stock has been lower for four consecutive trading days. The growing disagreement between Tesla CEO Elon Musk and Trump has also put pressure on Tesla's stock price. According to the Wall Street Journal, Procter & Gamble plans to lay off 7,000 employees in the next two years as part of a restructuring plan to improve the work structure. The executives of the consumer goods giant also pointed out at a group meeting in Paris that they also plan to streamline the company's product portfolio. Procter & Gamble's stock price rose slightly by 0.08% before the market trading Thursday, and was reported at $166.10. PVH Corp, which owns Calvin Klein and Tommy Hilfiger brands, released its first-quarter adjusted earnings on Wednesday, although it exceeded Wall Street analysts' general forecasts, but the group's earnings forecast for the current second quarter and full fiscal year are lower than market expectations. PVH Corp said the group's earnings forecast reflects "the expected net negative impact of current tariffs on U.S. goods." PVH Corp shares fell 8.07% before trading Thursday, at $74.34. On Thursday, let’s take a look at which Nvidia Corporation sells its own shares in large quantities. The stock fell 0.32% before trading Thursday, and was at $141.47. Pre-market active stocks are in sequence: Tesla, Nvidia, Palantir Technologies, Robinhood Markets, and Plug Power. At the time of press time, the stock prices of these five active stocks rose and fell mixed. Pre-market trading focus:

These transactions are part of a proposed stock sale plan he submitted to the SEC on Monday. Under this plan, Stevens intends to sell up to 4 million shares of Nvidia shares. If calculated at Monday's share price, it would be a stock sale plan of about $550 million. These stocks will be traded by Merrill Lynch.

In addition to Stevens, Nvidia also disclosed last week that Huang Renxun will sell 6 million Nvidia shares by the end of this year under the new 10b5-1 plan. The stocks are worth about $850 million at Wednesday's closing price.

Bloomberg said Stevens is the largest individual shareholder outside Nvidia CEO Jensen Huang, who holds about 0.2% of the company's shares. The venture capitalist is one of three Nvidia's board members. He became a billionaire with Nvidia's success in the field of artificial intelligence.

Major index futures in the U.S. Wall Street stock market rose slightly on Thursday (June 5). Currently, market investors are generally waiting for non-farm employment data released on Friday (6th) to further understand how trade uncertainty affects the U.S. labor market. At the time of 7:00, the Standard & Poor 500 futures rose slightly by 1.80 points or 0.03% to 5972.60 points; the Nasdaq 100 futures, dominated by technology stocks, rose slightly by 6.10 points or 0.03% to 21,728.00 points; the heavyweight Dow Jones Index futures also rose slightly by 25.30 points to 42,453.00 points. Major stock indexes in the U.S. stock market rose and fell at the close of Wednesday (4th), and the overall trend was unclear. The benchmark standard reflecting the market is basically the same as the Poole 500 index. According to the ADP National Employment Report released by Automatic Data Processing Inc., the number of new jobs in private enterprises in the United States fell to a new low in more than two years in May. Weak data show that U.S. President Trump's trade policy has caused losses to the economy. The Standard & Poole 500 index started at 0.44 points on Wednesday and closed at 5970.81 points. The Dow Jones Index fell 91.90 points and closed at 42,427.74 points. The Nasdaq 100 index rose 0.27% or 59.34 points, closing at 21,721.92 points. U.S. stock market trading was quiet Wednesday, with the exchange's total trading volume being only 14.5 billion shares, significantly less than the average trading volume of 17.8 billion shares in the past 20 days.

Previously, his chief financial officer, Colette Kress, also submitted a form, planning to sell 500,000 shares by March 24, 2026. Based on Wednesday's closed market price, the stock is worth more than $70 million. Another board member, Brooke Seawell, submitted a form in March, saying he planned to sell about 1.1 million shares of Nvidia shares.

Stevens' shares were sold in two, according to documents filed with the Securities and Exchange Commission (SEC) on Wednesday. The first batch of stocks were sold on Monday (2nd), and the second batch was sold on Tuesday (3rd), with the total amount of stocks sold close to $150 million..

Nvidia Corporation (NASDAQ: NVDA) Thursday (June 5) Focus:

Although it is planned to sell 4 million shares, according to Form 144 filed on Monday, Stevens does not necessarily have to sell the remaining 3 million shares of Nvidia shares. Last year, he also filed a similar Form 144 and planned to sell 3 million Nvidia shares in September, but he ended up selling less than a sixth of the stock in a series of transactions over a month.

According to the Bloomberg Billionaire Index, 65-year-old Stevens has a net worth of $9.8 billion, mainly composed of his Nvidia stock, its portfolio, and Golden State Warriors shares.

Nvidia insiders sold more than $2 billion in their own shares last year, according to data from Washington Services, which tracks insider transactions. This is a "record" number for Nvidia. (Reuters)