NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) Director A Brooke Seawell sold 48,971 shares of the company's stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $163.36, for a total value of $7,999,902.56. Following the completion of the sale, the director owned 1,875,513 shares in the company, valued at approximately $306,383,803.68. This represents a 2.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
A Brooke Seawell also recently made the following trade(s):
- On Thursday, July 10th, A Brooke Seawell sold 49,131 shares of NVIDIA stock. The stock was sold at an average price of $162.83, for a total value of $8,000,000.73.
- On Tuesday, July 8th, A Brooke Seawell sold 50,300 shares of NVIDIA stock. The shares were sold at an average price of $159.05, for a total transaction of $8,000,215.00.
- On Monday, July 7th, A Brooke Seawell sold 50,514 shares of NVIDIA stock. The shares were sold at an average price of $158.37, for a total transaction of $7,999,902.18.
- On Wednesday, July 2nd, A Brooke Seawell sold 51,411 shares of NVIDIA stock. The shares were sold at an average price of $155.61, for a total value of $8,000,065.71.
- On Tuesday, July 1st, A Brooke Seawell sold 51,740 shares of NVIDIA stock. The shares were sold at an average price of $154.62, for a total value of $8,000,038.80.
- On Monday, June 30th, A Brooke Seawell sold 50,912 shares of NVIDIA stock. The stock was sold at an average price of $157.13, for a total value of $7,999,802.56.
- On Friday, June 27th, A Brooke Seawell sold 50,980 shares of NVIDIA stock. The stock was sold at an average price of $156.92, for a total value of $7,999,781.60.
- On Thursday, June 26th, A Brooke Seawell sold 51,455 shares of NVIDIA stock. The stock was sold at an average price of $155.47, for a total value of $7,999,708.85.
- On Wednesday, June 25th, A Brooke Seawell sold 52,774 shares of NVIDIA stock. The stock was sold at an average price of $151.59, for a total value of $8,000,010.66.
- On Tuesday, June 24th, A Brooke Seawell sold 54,467 shares of NVIDIA stock. The shares were sold at an average price of $146.88, for a total value of $8,000,112.96.
NVIDIA Price Performance
NVIDIA stock traded up $0.82 during trading hours on Friday, hitting $164.92. The stock had a trading volume of 191,607,582 shares, compared to its average volume of 258,673,984. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. The stock has a market capitalization of $4.02 trillion, a price-to-earnings ratio of 53.20, a PEG ratio of 1.44 and a beta of 2.13. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $167.89. The stock's fifty day moving average is $140.52 and its two-hundred day moving average is $128.60.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.06). The firm had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The firm's revenue for the quarter was up 69.2% on a year-over-year basis. During the same period last year, the company posted $0.61 EPS. As a group, analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were given a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.02%. NVIDIA's dividend payout ratio is currently 1.29%.
Institutional Trading of NVIDIA
Several institutional investors and hedge funds have recently made changes to their positions in NVDA. FMR LLC lifted its position in NVIDIA by 0.7% during the fourth quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker's stock worth $134,877,735,000 after buying an additional 6,665,252 shares during the period. Geode Capital Management LLC lifted its position in NVIDIA by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 555,548,278 shares of the computer hardware maker's stock worth $74,439,273,000 after buying an additional 9,468,786 shares during the period. Price T Rowe Associates Inc. MD lifted its position in NVIDIA by 0.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker's stock worth $55,237,367,000 after buying an additional 3,721,331 shares during the period. Kingstone Capital Partners Texas LLC lifted its position in NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock worth $64,976,521,000 after buying an additional 382,231,120 shares during the period. Finally, Norges Bank purchased a new position in NVIDIA during the fourth quarter worth about $43,515,504,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the company. UBS Group reissued a "buy" rating on shares of NVIDIA in a research report on Friday, May 23rd. Oppenheimer restated an "outperform" rating and set a $175.00 target price on shares of NVIDIA in a research note on Monday, June 16th. Raymond James Financial boosted their target price on NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a research note on Thursday, May 29th. Susquehanna reiterated a "positive" rating and issued a $180.00 price objective on shares of NVIDIA in a research note on Wednesday, March 19th. Finally, Benchmark reiterated a "buy" rating and issued a $190.00 price objective on shares of NVIDIA in a research note on Thursday, May 29th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, thirty-four have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and an average target price of $177.03.
Read Our Latest Analysis on NVIDIA
NVIDIA Company Profile
(
Get Free Report)
NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
Featured Articles
Before you consider NVIDIA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVIDIA wasn't on the list.
While NVIDIA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
