NVIDIA (NASDAQ:NVDA) Director Sells $109,915,000.00 in Stock

Key Points

• Director Mark Stevens sold 500,000 NVIDIA shares on June 4 at an average price of $219.83, totaling about $109.9 million. After the sale, he still held 6.4 million shares valued at roughly $1.41 billion.
• NVIDIA stock was up 1.8% in Thursday trading, with shares reaching $218.66 amid heavy volume. The company remains near the top of its 52-week range, supported by a $5.29 trillion market cap.
• The company’s fundamentals remain strong, with its latest quarter showing EPS and revenue both beating estimates and revenue jumping 85.2% year over year. NVIDIA also raised its quarterly dividend and authorized an $80 billion share buyback, signaling confidence in the business.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) Director Mark Stevens sold 500,000 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $219.83, for a total value of $109,915,000.00. Following the completion of the sale, the director owned 6,399,771 shares of the company's stock, valued at $1,406,861,658.93. The trade was a 7.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

NVIDIA Stock Up 1.8%

Shares of NVDA traded up $3.91 during mid-day trading on Thursday, reaching $218.66. The company's stock had a trading volume of 168,178,411 shares, compared to its average volume of 166,808,864. The business has a fifty day moving average of $201.97 and a 200 day moving average of $190.25. The company has a market cap of $5.29 trillion, a price-to-earnings ratio of 33.49, a price-to-earnings-growth ratio of 0.52 and a beta of 2.22. NVIDIA Corporation has a 1 year low of $138.83 and a 1 year high of $236.54. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.76 by $0.11. The company had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company's revenue for the quarter was up 85.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 earnings per share. As a group, analysts forecast that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be issued a $0.25 dividend. The ex-dividend date is Thursday, June 4th. This is an increase from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's dividend payout ratio is currently 0.61%.

NVIDIA announced that its board has initiated a share buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

Institutional Investors Weigh In On NVIDIA

Hedge funds and other institutional investors have recently made changes to their positions in the business. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA during the fourth quarter worth about $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA during the first quarter worth about $27,000. Longfellow Investment Management Co. LLC grew 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 buying an additional 67 shares in the last quarter. Phillip James Consulting Co. acquired a new stake in NVIDIA during the first quarter worth about $40,000. Finally, Inspire Investing LLC acquired a new stake in NVIDIA during the fourth quarter worth about $44,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on NVDA. BNP Paribas Exane increased their price objective on NVIDIA from $270.00 to $285.00 and gave the stock an "outperform" rating in a report on Thursday, May 21st. UBS Group increased their price objective on NVIDIA from $275.00 to $280.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Wolfe Research reiterated an "outperform" rating and set a $275.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a report on Friday, April 10th. Finally, Itau BBA Securities reiterated a "market perform" rating on shares of NVIDIA in a report on Thursday, February 26th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, NVIDIA currently has an average rating of "Buy" and a consensus price target of $305.38.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several articles highlighted fresh AI infrastructure wins tied to NVIDIA, including South Korea’s LG Group reportedly planning to adopt 10,000 NVIDIA GPUs, plus new partnerships with companies such as Corning, EXL, Lightmatter, Ayar Labs, and Netris that deepen NVIDIA’s ecosystem around AI data centers and networking.
• Positive Sentiment: Analysts and commentators remained bullish on NVIDIA’s long-term setup, pointing to Blackwell, AI inference, CUDA, and the company’s expanding push into AI PCs and enterprise AI as reasons the growth story still looks intact.
• Positive Sentiment: Jensen Huang’s comments at Computex and in media interviews reinforced confidence that AI infrastructure spending is still accelerating, with NVIDIA positioned at the center of that spending cycle.
• Neutral Sentiment: NVIDIA also made headlines for product and strategic moves, including the DSX platform for AI factory design, a reported $400 million acquisition of AI software startup Kumo, and a new AI chip for PCs, all of which expand the company’s addressable market but do not immediately change near-term financial results.
• Neutral Sentiment: Broad market sentiment has been mixed: semiconductor stocks sold off after Broadcom’s earnings and some investors rotated within AI hardware, which helps explain why NVIDIA has shown relative resilience rather than an outright surge.
• Negative Sentiment: Regulatory and political scrutiny remains a risk, as Senator Elizabeth Warren invited Jensen Huang to testify at a Senate hearing on China AI chip sales and U.S. export controls, keeping pressure on NVIDIA’s China exposure.

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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