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 Wednesday, October 1st. The stock was sold at an average price of $186.61, for a total value of $13,995,750.00. Following the completion of the sale, the chief executive officer owned 71,083,203 shares of the company's stock, valued at $13,264,836,511.83. This represents a 0.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.
Jen Hsun Huang also recently made the following trade(s):
- 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 stock was 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 value 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 value of $13,425,750.00.
- On Friday, September 19th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $176.42, for a total value 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 value of $12,772,500.00.
- On Monday, September 15th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was 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.
- On Wednesday, September 10th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $177.57, for a total value 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 value of $12,728,250.00.
NVIDIA Price Performance
Shares of NVIDIA stock traded up $1.65 during midday trading on Thursday, hitting $188.89. 136,265,921 shares of the company were exchanged, compared to its average volume of 232,368,594. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The firm has a market cap of $4.59 trillion, a P/E ratio of 53.81, a PEG ratio of 1.35 and a beta of 2.12. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $191.05. The firm has a 50 day simple moving average of $177.52 and a 200-day simple moving average of $147.17.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA's revenue was up 55.6% on a year-over-year basis. During the same quarter last year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's payout ratio is presently 1.14%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Helen Stephens Group LLC increased its stake in NVIDIA by 3.9% during the 3rd quarter. Helen Stephens Group LLC now owns 1,483 shares of the computer hardware maker's stock worth $277,000 after purchasing an additional 56 shares in the last quarter. Morton Brown Family Wealth LLC increased its stake in NVIDIA by 1.5% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker's stock worth $621,000 after purchasing an additional 58 shares in the last quarter. Roof Eidam Maycock Peralta LLC increased its stake in NVIDIA by 0.3% during the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker's stock worth $3,302,000 after purchasing an additional 58 shares in the last quarter. Alpha Wealth Funds LLC increased its stake in NVIDIA by 1.3% during the 2nd quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker's stock worth $732,000 after purchasing an additional 59 shares in the last quarter. Finally, Copia Wealth Management increased its stake in NVIDIA by 14.7% during the 2nd quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker's stock worth $74,000 after purchasing an additional 60 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on the company. Jefferies Financial Group reiterated a "buy" rating and issued a $220.00 price objective (up previously from $205.00) on shares of NVIDIA in a research report on Monday. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. Mizuho lifted their target price on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Daiwa Capital Markets lifted their target price on NVIDIA from $165.00 to $205.00 and gave the company an "outperform" rating in a research note on Wednesday, September 17th. Finally, Robert W. Baird lifted their target price on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus target price of $211.00.
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About NVIDIA
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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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