NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $188.40, for a total transaction of $14,130,000.00. Following the transaction, the chief executive officer owned 70,933,203 shares in the company, valued at $13,363,815,445.20. This represents a 0.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Jen Hsun Huang also recently made the following trade(s):
- On Monday, October 6th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $185.79, for a total value of $13,934,250.00.
- On Wednesday, October 1st, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $186.61, for a total value of $13,995,750.00.
- On Monday, September 29th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $182.34, for a total value of $13,675,500.00.
- On Friday, September 26th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $176.96, for a total value of $13,272,000.00.
- On Wednesday, September 24th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $177.60, for a total transaction of $13,320,000.00.
- On Monday, September 22nd, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $179.01, for a total transaction of $13,425,750.00.
- On Friday, September 19th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $176.42, for a total transaction of $13,231,500.00.
- On Wednesday, September 17th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $170.30, for a total transaction of $12,772,500.00.
- On Monday, September 15th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $176.57, for a total value of $13,242,750.00.
- On Friday, September 12th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $177.72, for a total value of $13,329,000.00.
NVIDIA Price Performance
NVDA traded down $0.50 on Tuesday, hitting $185.04. 139,367,950 shares of the company's stock traded hands, compared to its average volume of 230,997,484. The company's 50 day simple moving average is $178.29 and its 200-day simple moving average is $149.05. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a one year low of $86.62 and a one year high of $191.05. The firm has a market cap of $4.50 trillion, a price-to-earnings ratio of 52.72, a P/E/G ratio of 1.36 and a beta of 2.12.
NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period last year, the firm posted $0.68 EPS. The company's revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA's dividend payout ratio is 1.14%.
Hedge Funds Weigh In On NVIDIA
Hedge funds and other institutional investors have recently made changes to their positions in the company. Harbor Asset Planning Inc. bought a new position in NVIDIA in the second quarter worth about $28,000. Winnow Wealth LLC bought a new position in shares of NVIDIA during the 2nd quarter worth approximately $32,000. Longfellow Investment Management Co. LLC lifted its holdings in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new stake in NVIDIA in the second quarter valued at about $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new stake in NVIDIA in the second quarter worth about $54,000. Institutional investors own 65.27% of the company's stock.
Analyst Ratings Changes
NVDA has been the topic of a number of research reports. Truist Financial boosted their target price on shares of NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an "overweight" rating in a research report on Wednesday, August 13th. Wedbush restated an "outperform" rating and set a $210.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Jefferies Financial Group reiterated a "buy" rating and set a $220.00 price objective (up previously from $205.00) on shares of NVIDIA in a research report on Monday, September 29th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a research note on Saturday, September 27th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, NVIDIA presently has an average rating of "Moderate Buy" and a consensus price target of $211.26.
View Our Latest Report on NVIDIA
NVIDIA Company Profile
(
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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.
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