NVIDIA (NASDAQ:NVDA) CEO Jen Hsun Huang Sells 75,000 Shares

Key Points

• NVIDIA CEO Jen Hsun Huang sold 75,000 shares of the company's stock on October 6th, with a total transaction value of approximately $13.93 million, resulting in a 0.11% decrease in his overall position.
• Following recent sales, Huang's total stock ownership is over 70.8 million shares, valued at around $13.16 billion.
• NVIDIA's stock price has shown volatility, recently trading at approximately $185.04, with analysts giving the stock a consensus price target of $211.26 and a general rating of "Moderate Buy".

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $185.79, for a total value of $13,934,250.00. Following the sale, the chief executive officer owned 70,858,203 shares of the company's stock, valued at approximately $13,164,745,535.37. This represents a 0.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Friday, October 3rd, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $188.40, for a total value of $14,130,000.00.
• 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 shares were 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 shares were 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 shares were 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 stock was 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 stock was 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.

NVIDIA Price Performance

NASDAQ:NVDA traded down $0.50 during trading hours on Tuesday, reaching $185.04. 139,367,950 shares of the company were exchanged, compared to its average volume of 230,997,484. The company has a market capitalization of $4.50 trillion, a P/E ratio of 52.72, a P/E/G ratio of 1.36 and a beta of 2.12. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $191.05. 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 business has a 50 day moving average of $178.29 and a 200 day moving average of $149.05.

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 for the quarter, beating 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 company's quarterly revenue was up 55.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

NVDA has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. UBS Group restated a "buy" rating on shares of NVIDIA in a research report on Tuesday, September 23rd. New Street Research increased their target price on NVIDIA from $200.00 to $235.00 and gave the company a "buy" rating in a research report on Friday, September 12th. Wedbush restated an "outperform" rating and set a $210.00 price target on shares of NVIDIA in a report on Thursday, August 28th. Finally, Wolfe Research raised their price objective on shares of NVIDIA from $220.00 to $230.00 in a report on Tuesday, September 23rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and a consensus price target of $211.26.

Hedge Funds Weigh In On NVIDIA

A number of hedge funds have recently bought and sold shares of the company. Harbor Asset Planning Inc. bought a new stake in NVIDIA in the 2nd quarter valued at about $28,000. Winnow Wealth LLC bought a new stake in shares of NVIDIA during the second quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC raised its position in shares of 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 bought a new position in shares of NVIDIA in the 2nd quarter worth $40,000. Finally, Kathleen S. Wright Associates Inc. grew its position in NVIDIA by 169.3% in the 1st 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 during the period. Institutional investors own 65.27% of the company's stock.

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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