Insider Selling: NVIDIA (NASDAQ:NVDA) CEO Sells 75,000 Shares of Stock

Key Points

• NVIDIA CEO Jen Hsun Huang sold 75,000 shares of the company's stock for a total of approximately $13.4 million, resulting in a minor decrease of 0.10% in his ownership position.
• NVIDIA's stock has shown a 1-year high of $184.55 and a low of $86.62, with recent trading down 0.8% to $176.97.
• The company reported impressive earnings, with $1.05 earnings per share surpassing estimates, and a significant revenue increase of 55.6% year-over-year.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $179.01, for a total transaction of $13,425,750.00. Following the completion of the transaction, the chief executive officer directly owned 71,608,203 shares of the company's stock, valued at $12,818,584,419.03. This represents a 0.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jen Hsun Huang also recently made the following trade(s):

• On Wednesday, September 24th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $177.60, for a total transaction of $13,320,000.00.
• 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 shares were 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 transaction of $13,242,750.00.
• On Friday, September 12th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $177.72, for a total transaction of $13,329,000.00.
• On Wednesday, September 10th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00.
• On Monday, September 8th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $169.71, for a total transaction of $12,728,250.00.
• On Thursday, September 4th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $170.68, for a total value of $12,801,000.00.
• On Tuesday, September 2nd, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00.
• On Friday, August 29th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $174.46, for a total value of $13,084,500.00.

NVIDIA Stock Down 0.8%

Shares of NASDAQ:NVDA traded down $1.46 on Wednesday, hitting $176.97. 143,209,111 shares of the company's stock were exchanged, compared to its average volume of 234,091,406. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.55. The company has a market capitalization of $4.30 trillion, a PE ratio of 50.42, a P/E/G ratio of 1.33 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm's 50-day moving average is $176.28 and its 200 day moving average is $144.59.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm's revenue was up 55.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio is currently 1.14%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. New Street Research upped their price objective on shares of NVIDIA from $200.00 to $235.00 and gave the company a "buy" rating in a research note on Friday, September 12th. Wells Fargo & Company upped their target price on shares of NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a report on Monday, August 11th. Wedbush reaffirmed an "outperform" rating and issued a $210.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Sanford C. Bernstein reaffirmed a "buy" rating on shares of NVIDIA in a report on Tuesday. Finally, Summit Insights raised NVIDIA from a "hold" rating to a "buy" rating in a report on Thursday, May 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $208.76.

Institutional Trading of NVIDIA

Several large investors have recently added to or reduced their stakes in the business. Harbor Asset Planning Inc. acquired a new position in NVIDIA during the 2nd quarter worth about $28,000. Winnow Wealth LLC bought a new position in shares of NVIDIA in the second quarter valued at $32,000. Longfellow Investment Management Co. LLC boosted its position in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new stake in shares of NVIDIA during the second quarter worth $40,000. Finally, Kathleen S. Wright Associates Inc. raised its stake in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Company Profile

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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