NVIDIA (NASDAQ:NVDA) Director Mark Stevens Sells 63,501 Shares of Stock

Key Points

• NVIDIA Director Mark Stevens sold 63,501 shares at an average price of $220.06, generating approximately $13.97 million. He retained 4.56 million shares after the transaction.
• NVIDIA shares rose to $224.41, while the company reported quarterly revenue of $96.22 billion and adjusted earnings of $2.22 per share, exceeding analyst expectations; revenue increased 105.9% year over year.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $324.23. NVIDIA also authorized an $80 billion share-repurchase program and declared a quarterly dividend of $0.25 per share.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) Director Mark Stevens sold 63,501 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $220.06, for a total value of $13,974,030.06. Following the transaction, the director directly owned 4,558,770 shares in the company, valued at approximately $1,003,202,926.20. This trade represents a 1.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NVIDIA Stock Performance

NASDAQ:NVDA traded up $6.97 on Wednesday, hitting $224.41. The company's stock had a trading volume of 156,553,789 shares, compared to its average volume of 159,202,641. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The firm has a market capitalization of $5.41 trillion, a P/E ratio of 28.37, a price-to-earnings-growth ratio of 1.73 and a beta of 2.22. The stock has a fifty day moving average of $208.68 and a two-hundred day moving average of $201.27. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

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

NVIDIA declared that its board has approved a stock buyback plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.

NVIDIA Dividend Announcement

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

Hedge Funds Weigh In On NVIDIA

A number of hedge funds have recently added to or reduced their stakes in NVDA. Norges Bank acquired a new position in shares of NVIDIA in the 4th quarter valued at approximately $62,244,133,000. J. Stern & Co. LLP lifted its holdings in shares of NVIDIA by 13,709.1% during the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after acquiring an additional 124,849,603 shares during the period. Jupiter Topco LLC acquired a new stake in shares of NVIDIA during the 2nd quarter worth approximately $16,156,076,000. Cardano Risk Management B.V. boosted its position in shares of NVIDIA by 896.4% during the 4th quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker's stock worth $14,570,119,000 after acquiring an additional 70,283,539 shares in the last quarter. Finally, Capital Research Global Investors increased its stake in NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock valued at $30,855,564,000 after acquiring an additional 22,896,705 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on NVDA. Wolfe Research reaffirmed an "outperform" rating and set a $275.00 target price on shares of NVIDIA in a report on Thursday, May 21st. Wedbush increased their price target on shares of NVIDIA from $330.00 to $345.00 and gave the company an "outperform" rating in a report on Thursday, August 27th. Needham & Company LLC raised their price objective on shares of NVIDIA from $270.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday, August 27th. Morgan Stanley set a $300.00 price objective on NVIDIA and gave the stock an "overweight" rating in a report on Thursday, August 27th. Finally, Raymond James Financial set a $515.00 target price on NVIDIA and gave the company a "strong-buy" 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 issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $324.23.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reported Hugging Face acquisition talks: NVIDIA is reportedly in advanced discussions to acquire AI platform Hugging Face for approximately $12.9 billion to $14 billion. The deal could strengthen NVIDIA’s software, open-model and developer ecosystem, although it remains unconfirmed. Why Nvidia's $14 Billion Hugging Face Deal Would Make Total Sense
• Positive Sentiment: AI spending remains strong: Dell’s guidance beat provided fresh evidence that data-center customers continue to invest heavily in AI infrastructure, supporting demand for NVIDIA’s accelerators and networking products. Why is Nvidia stock up over 4% today?
• Positive Sentiment: Inference and networking expansion: NVIDIA and Equinix expanded their partnership through the Equinix Inference Exchange, targeting distributed enterprise AI inference. NVIDIA also participated in iPronics’ $125 million funding round for programmable optical networking designed to connect large AI clusters. NVIDIA and Equinix Deepen Their AI Inference Partnership
• Positive Sentiment: Strategic positioning is drawing bullish analyst commentary: Analysts cited NVIDIA’s double-beat quarter, more than doubling revenue, strong forward guidance and expected Vera Rubin demand. JPMorgan reaffirmed its Buy rating and $320 price target. NVIDIA Buy Rating Reaffirmed
• Neutral Sentiment: MediaTek investment broadens NVIDIA’s moat: NVIDIA’s $3.5 billion investment in MediaTek is intended to integrate NVLink Fusion with custom AI chips, PCs and automotive platforms. The move may defend NVIDIA against bespoke silicon, but its decade-long roadmap highlights intensifying competition. Qualcomm rival MediaTek jumps after Nvidia AI chip deal
• Negative Sentiment: Risks are building around valuation and deal structure: A proposed $35 billion Anthropic computing commitment involving NVIDIA-backed Lambda has renewed concerns about circular financing within the AI ecosystem. Potential U.S. semiconductor tariffs and competition from AMD and custom AI chips could also pressure margins and multiples. Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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