NVIDIA (NASDAQ:NVDA) Trading Up 1.5% on Analyst Upgrade

Key Points

• NVIDIA shares increased by 1.5% following an analyst upgrade from Robert W. Baird, raising the price target from $195.00 to $225.00.
• Multiple analysts have recently upgraded NVIDIA's stock, with the consensus rating categorized as Moderate Buy and a target price of approximately $193.42.
• Insider trading activity showed significant sales, with the executive vice president selling 168,195 shares and a director selling 1,000,000 shares within the past few months.

NVIDIA Corporation (NASDAQ:NVDA - Get Free Report) shares were up 1.5% on Monday after Robert W. Baird raised their price target on the stock from $195.00 to $225.00. Robert W. Baird currently has an outperform rating on the stock. NVIDIA traded as high as $179.91 and last traded at $180.73. Approximately 52,220,982 shares traded hands during trading, a decline of 78% from the average daily volume of 238,712,047 shares. The stock had previously closed at $177.99.

NVDA has been the topic of a number of other reports. Mizuho boosted their price target on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a report on Thursday, August 14th. Bank of America increased their price target on NVIDIA from $180.00 to $220.00 in a research report on Wednesday, July 16th. TD Cowen lifted their price objective on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a report on Tuesday, August 19th. The Goldman Sachs Group assumed coverage on shares of NVIDIA in a report on Thursday, July 10th. They set a "buy" rating and a $185.00 target price on the stock. Finally, Benchmark restated a "buy" rating and issued a $190.00 price target on shares of NVIDIA in a report on Thursday, May 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $193.42.

Insider Buying and Selling

In related news, EVP Ajay K. Puri sold 168,195 shares of the firm's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the sale, the executive vice president owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Tench Coxe sold 1,000,000 shares of the stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $142.80, for a total transaction of $142,800,000.00. Following the sale, the director directly owned 26,671,360 shares in the company, valued at approximately $3,808,670,208. The trade was a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,912,440 shares of company stock worth $902,886,782. Corporate insiders own 4.17% of the company's stock.

Institutional Trading of NVIDIA

A number of hedge funds have recently bought and sold shares of NVDA. Brighton Jones LLC increased its position in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG raised its stake in NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE lifted its holdings in NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC lifted its holdings in NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Heron Bay Capital Management acquired a new position in shares of NVIDIA during the 4th quarter worth about $286,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Price Performance

The stock has a market capitalization of $4.41 trillion, a price-to-earnings ratio of 58.33, a price-to-earnings-growth ratio of 1.56 and a beta of 2.14. The company's 50 day moving average is $167.35 and its 200 day moving average is $137.46. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The company had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. During the same period in the previous year, the firm posted $0.61 EPS. The company's revenue for the quarter was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. Research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were issued a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.29%.

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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