Insider Selling: NVIDIA (NASDAQ:NVDA) CFO Sells 27,640 Shares of Stock

Key Points

• NVIDIA CFO Colette Kress sold 27,640 shares of stock at an average price of $181.42, totaling approximately $5 million, which slightly decreased her ownership position by 0.96%.
• The stock has shown a 12-month high of $195.62 and a low of $86.62, currently trading at around $182.16 with strong institutional interest, as 65.27% of the shares are held by institutional investors.
• NVIDIA reported a 55.6% year-over-year revenue growth in its latest earnings report, exceeding analysts' expectations with revenue of $46.74 billion and earnings per share of $1.05.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) CFO Colette Kress sold 27,640 shares of the business's stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $181.42, for a total transaction of $5,014,448.80. Following the completion of the transaction, the chief financial officer directly owned 2,855,762 shares in the company, valued at $518,092,342.04. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Colette Kress also recently made the following trade(s):

• On Tuesday, October 21st, Colette Kress sold 20,000 shares of NVIDIA stock. The stock was sold at an average price of $181.42, for a total transaction of $3,628,400.00.
• On Friday, September 19th, Colette Kress sold 20,000 shares of NVIDIA stock. The stock was sold at an average price of $176.40, for a total transaction of $3,528,000.00.
• On Friday, September 19th, Colette Kress sold 30,500 shares of NVIDIA stock. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00.
• On Monday, August 4th, Colette Kress sold 20,000 shares of NVIDIA stock. The stock was sold at an average price of $178.06, for a total transaction of $3,561,200.00.
• On Monday, August 4th, Colette Kress sold 27,640 shares of NVIDIA stock. The stock was sold at an average price of $178.06, for a total transaction of $4,921,578.40.

NVIDIA Price Performance

NVDA traded up $1.88 during trading hours on Thursday, hitting $182.16. The company's stock had a trading volume of 110,921,012 shares, compared to its average volume of 171,981,344. The business's 50-day moving average price is $179.35 and its 200-day moving average price is $155.20. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $195.62. The stock has a market cap of $4.43 trillion, a price-to-earnings ratio of 51.90, a P/E/G ratio of 1.30 and a beta of 2.12. 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 (NASDAQ:NVDA - Get Free Report) last announced its quarterly 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the previous year, the business posted $0.68 earnings per share. NVIDIA's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA's payout ratio is currently 1.14%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Harbor Asset Planning Inc. purchased a new stake in NVIDIA in the second quarter worth about $28,000. Winnow Wealth LLC purchased a new stake in NVIDIA in the second quarter worth about $32,000. Longfellow Investment Management Co. LLC lifted its stake in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after acquiring an additional 67 shares during the period. Spurstone Advisory Services LLC purchased a new stake in NVIDIA in the second quarter worth about $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd purchased a new stake in NVIDIA in the second quarter worth about $54,000. 65.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on NVDA shares. Jefferies Financial Group restated a "buy" rating and issued a $220.00 price target (up previously from $205.00) on shares of NVIDIA in a research report on Monday, September 29th. Mizuho boosted their price objective on shares of NVIDIA from $205.00 to $225.00 and gave the company an "outperform" rating in a research report on Monday, October 13th. Hsbc Global Res upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 15th. Arete boosted their price objective on shares of NVIDIA from $235.00 to $244.00 and gave the company a "buy" rating in a research report on Tuesday, October 14th. Finally, The Goldman Sachs Group set a $210.00 price objective on shares of NVIDIA and gave the company a "buy" rating in a research report on Monday, October 6th. Five research analysts have rated the stock with a Strong Buy rating, forty have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $222.23.

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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