NVIDIA (NASDAQ:NVDA) EVP Timothy Teter Sells 30,460 Shares

Key Points

• NVIDIA EVP Timothy Teter sold 30,460 shares at an average price of $222.80, generating approximately $6.79 million. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, leaving him with about 2.69 million shares.
• NVIDIA reported quarterly adjusted EPS of $2.22, exceeding the $2.09 consensus estimate, while revenue reached $96.22 billion, up 105.9% year over year and above expectations.
• Analysts maintain a broadly bullish view, with the stock carrying a “Buy” consensus rating and an average price target of $324.34 versus a recent price of $225.51.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) EVP Timothy Teter sold 30,460 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NVIDIA Price Performance

Shares of NVDA traded down $3.36 during trading hours on Wednesday, reaching $225.51. 86,473,723 shares of the stock traded hands, compared to its average volume of 155,555,016. The company has a market cap of $5.43 trillion, a P/E ratio of 28.51, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The company's 50-day moving average price is $215.47 and its two-hundred day moving average price is $205.09. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating 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 business had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the previous year, the business earned $1.05 earnings per share. The business's revenue was up 105.9% on a year-over-year basis. On average, analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on NVDA shares. Zacks Research upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Monday. Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Sanford C. Bernstein reissued an "outperform" rating and set a $400.00 price objective (up from $315.00) on shares of NVIDIA in a report on Thursday, August 27th. President Capital raised their price objective on NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. Finally, Stifel Nicolaus set a $315.00 target price on NVIDIA in a report on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of "Buy" and an average target price of $324.34.

Institutional Trading of NVIDIA

Several hedge funds have recently made changes to their positions in NVDA. J. Stern & Co. LLP increased its position in shares of NVIDIA by 13,709.1% during the fourth 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 bought a new stake in shares of NVIDIA during the second quarter valued at approximately $16,156,076,000. Van ECK Associates Corp boosted its holdings in shares of NVIDIA by 34.7% in the second quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker's stock valued at $15,176,771,000 after purchasing an additional 19,522,304 shares during the period. State Street Corp grew its stake in NVIDIA by 1.6% in the second quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock worth $202,047,568,000 after purchasing an additional 15,897,836 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new position in NVIDIA in the fourth quarter worth approximately $2,635,969,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s selection of IonQ’s Superion 256 quantum system for its Accelerated Quantum Research Center highlights potential growth beyond traditional AI chips. The system will connect with NVIDIA’s GB200 NVL72 platform through NVQLink, strengthening the company’s quantum-computing ecosystem. IonQ Makes First On-Premise Quantum Deployment at NVIDIA Research Center
• Positive Sentiment: Industry demand remains a major bullish theme. NVIDIA management reportedly indicated that processor demand could support a doubling of fiscal 2028 sales, although manufacturing capacity may limit growth to roughly 70%. Separately, Super Micro has begun shipping NVIDIA Vera Rubin NVL72 systems, signaling progress in next-generation customer deployments. NVIDIA Demand Is Outpacing Its 70% Growth Forecast
• Positive Sentiment: Zacks upgraded NVIDIA to “Strong Buy,” while an individual Wall Street analysis set a $310.20 target, citing the Vera Rubin production ramp and continued AI infrastructure spending. These are analyst opinions rather than new company guidance. NVIDIA Trending Stock Analysis

About NVIDIA

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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