Insider Selling: NVIDIA (NASDAQ:NVDA) Director Sells 28,000 Shares of Stock

Key Points

• NVIDIA Director Stephen Neal sold 28,000 shares of stock for approximately $4.97 million, reducing his ownership by 16.34% and retaining 143,410 shares valued at about $25.47 million.
• The company's latest earnings report showed a 55.6% year-over-year revenue increase, with earnings per share of $1.05, surpassing analysts' expectations.
• NVIDIA recently declared a $0.01 quarterly dividend, signaling continued shareholder returns despite a low yield of 0.0%.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) Director Stephen Neal sold 28,000 shares of the business's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $177.58, for a total transaction of $4,972,240.00. Following the transaction, the director owned 143,410 shares in the company, valued at approximately $25,466,747.80. This trade represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

NVIDIA Stock Performance

NVDA traded down $2.87 during midday trading on Tuesday, reaching $174.88. The company had a trading volume of 140,166,303 shares, compared to its average volume of 176,923,536. 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 stock has a market cap of $4.25 trillion, a PE ratio of 52.43, a P/E/G ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The business has a 50-day moving average price of $174.81 and a two-hundred day moving average price of $142.18.

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

NVIDIA Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on NVDA. Wall Street Zen raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. TD Cowen boosted their price target on shares of NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research report on Tuesday, August 19th. Cantor Fitzgerald reissued an "overweight" rating and issued a $240.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. UBS Group increased their target price on shares of NVIDIA from $175.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Finally, JPMorgan Chase & Co. reiterated an "overweight" rating and issued a $215.00 target price on shares of NVIDIA in a research note on Thursday, September 4th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $207.83.

Hedge Funds Weigh In On NVIDIA

Institutional investors have recently made changes to their positions in the stock. Harbor Asset Planning Inc. bought a new position in shares of NVIDIA during the 2nd quarter valued at $28,000. Winnow Wealth LLC purchased a new stake in NVIDIA during the 2nd quarter valued at $32,000. Longfellow Investment Management Co. LLC boosted its position in 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 buying an additional 67 shares during the period. Spurstone Advisory Services LLC purchased a new stake in NVIDIA during the 2nd quarter valued at $40,000. Finally, Kathleen S. Wright Associates Inc. boosted its position in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after buying an additional 254 shares during the period. Institutional investors own 65.27% of the company's stock.

About NVIDIA

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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