Insider Selling: NVIDIA (NASDAQ:NVDA) Director Sells 400,000 Shares

Key Points

• NVIDIA director Mark Stevens sold 400,000 shares at an average price of $228.78, generating approximately $91.5 million. His remaining stake fell by 11.91% to 2.96 million shares.
• NVIDIA reported stronger-than-expected quarterly results, with earnings of $2.22 per share and revenue of $96.22 billion, up 105.9% year over year.
• Analyst sentiment remains broadly positive, with 50 Buy ratings and an average price target of $324.83, while NVIDIA also approved an $80 billion share-repurchase program.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) Director Mark Stevens sold 400,000 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $228.78, for a total transaction of $91,512,000.00. Following the sale, the director owned 2,958,770 shares of the company's stock, valued at approximately $676,907,400.60. This represents a 11.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

NVIDIA Stock Performance

NASDAQ NVDA traded down $4.63 during trading on Tuesday, reaching $225.73. The company's stock had a trading volume of 122,493,579 shares, compared to its average volume of 158,690,531. The business's fifty day moving average price is $211.32 and its 200-day moving average price is $202.51. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $236.54. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The firm has a market cap of $5.44 trillion, a price-to-earnings ratio of 28.54, a P/E/G ratio of 1.81 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the prior year, the firm earned $1.05 earnings per share. The business's quarterly revenue was up 105.9% compared to the same quarter last year. As a group, analysts anticipate that NVIDIA Corporation will post 9.1 EPS for the current fiscal year.

NVIDIA announced that its board has approved a stock buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA's dividend payout ratio is 12.64%.

Hedge Funds Weigh In On NVIDIA

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Retirement Wealth Solutions LLC increased its holdings in NVIDIA by 1.2% in the second quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker's stock valued at $825,000 after buying an additional 47 shares in the last quarter. LightSquare Wealth Management LLC boosted its stake in shares of NVIDIA by 0.3% during the 2nd quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker's stock worth $3,741,000 after acquiring an additional 49 shares in the last quarter. Defender Capital LLC. grew its holdings in shares of NVIDIA by 0.7% in the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock worth $1,507,000 after acquiring an additional 50 shares during the period. Kooman & Associates grew its holdings in shares of NVIDIA by 0.6% in the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker's stock worth $1,694,000 after acquiring an additional 50 shares during the period. Finally, Roof Eidam Maycock Peralta LLC increased its stake in NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker's stock valued at $3,767,000 after purchasing an additional 50 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on NVDA shares. The Goldman Sachs Group reissued a "neutral" rating and issued a $300.00 price objective (up from $285.00) on shares of NVIDIA in a research note on Thursday, August 27th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $390.00 target price on shares of NVIDIA in a report on Friday. Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Daiwa Securities Group increased their price target on shares of NVIDIA from $215.00 to $255.00 and gave the stock an "outperform" rating in a report on Friday, May 22nd. Finally, Wedbush raised their price objective on shares of NVIDIA from $330.00 to $345.00 and gave the company an "outperform" rating in a research report on Thursday, August 27th. Two investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and an average price target of $324.83.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang said NVIDIA’s older H100 chips remain “highly rentable” and revenue-generating assets, with rental prices reportedly increasing. The comments support the durability and resale economics of NVIDIA’s installed hardware base. Jensen Huang Calls Nvidia Chips a Revenue-Generating Asset
• Positive Sentiment: Analysts continue to highlight strong data-center demand, Blackwell and Vera Rubin product ramps, broadening customers, and management’s roughly 70% fiscal 2028 revenue-growth outlook. These factors reinforce expectations for sustained earnings momentum. Nvidia: Unusual Visibility, Unusual Value
• Positive Sentiment: NVIDIA’s planned approximately $12.9 billion acquisition of Hugging Face is being viewed by some analysts as a way to strengthen its software, open-source model, and developer ecosystem, potentially expanding the company beyond chips. NVIDIA’s Hugging Face Buyout

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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