NVIDIA Co. (NASDAQ:NVDA) Director Persis Drell sold 160 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $315.73, for a total transaction of $50,516.80. Following the sale, the director now owns 17,859 shares of the company’s stock, valued at approximately $5,638,622.07. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
NVIDIA stock opened at $294.07 on Friday. The firm has a 50-day moving average of $254.48 and a 200-day moving average of $208.54. NVIDIA Co. has a one year low of $132.60 and a one year high of $315.41. The company has a debt-to-equity ratio of 0.21, a current ratio of 7.67 and a quick ratio of 7.13. The company has a market cap of $188.92 billion, a price-to-earnings ratio of 67.40, a P/E/G ratio of 3.85 and a beta of 2.04.
NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Thursday, February 13th. The computer hardware maker reported $1.89 EPS for the quarter, topping the Zacks’ consensus estimate of $1.67 by $0.22. NVIDIA had a net margin of 25.60% and a return on equity of 26.08%. The company had revenue of $3.11 billion during the quarter, compared to the consensus estimate of $2.96 billion. During the same period in the prior year, the business posted $0.80 EPS. As a group, sell-side analysts expect that NVIDIA Co. will post 6.33 earnings per share for the current year.
Several institutional investors have recently bought and sold shares of the company. Howard Wealth Management LLC acquired a new stake in NVIDIA in the 4th quarter valued at about $28,000. Stonebridge Financial Planning Group LLC acquired a new stake in NVIDIA in the 4th quarter valued at about $28,000. Archer Investment Corp acquired a new stake in NVIDIA in the 4th quarter valued at about $29,000. Braun Bostich & Associates Inc. acquired a new stake in NVIDIA in the 4th quarter valued at about $30,000. Finally, Requisite Capital Management LLC lifted its stake in NVIDIA by 21,328.6% in the 4th quarter. Requisite Capital Management LLC now owns 300,000 shares of the computer hardware maker’s stock valued at $30,000 after purchasing an additional 298,600 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.
A number of analysts recently commented on NVDA shares. Mizuho restated a “buy” rating and issued a $295.00 price objective (up previously from $270.00) on shares of NVIDIA in a research report on Thursday, February 13th. Nomura upped their price objective on shares of NVIDIA from $147.00 to $200.00 in a research report on Friday, November 15th. Oppenheimer upped their price objective on shares of NVIDIA from $250.00 to $300.00 and gave the company an “outperform” rating in a research report on Tuesday, February 11th. Raymond James upped their price objective on shares of NVIDIA from $240.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, February 14th. Finally, Cascend Securities restated a “buy” rating and issued a $330.00 price objective on shares of NVIDIA in a research report on Wednesday. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, thirty-one have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $273.07.
NVIDIA Company Profile
NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.
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