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

NVIDIA Corporation (NASDAQ:NVDAGet Free Report) CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of $182.34, for a total transaction of $13,675,500.00. Following the completion of the sale, the chief executive officer owned 71,233,203 shares of the company’s stock, valued at $12,988,662,235.02. The trade was a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

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

  • 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 transaction 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 transaction 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 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 shares were 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.
  • On Wednesday, September 10th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $177.57, for a total transaction of $13,317,750.00.
  • On Monday, September 8th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $169.71, for a total transaction of $12,728,250.00.
  • On Thursday, September 4th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $170.68, for a total transaction of $12,801,000.00.

NVIDIA Stock Up 2.1%

Shares of NVIDIA stock traded up $3.66 during trading hours on Monday, reaching $181.85. The company’s stock had a trading volume of 192,583,283 shares, compared to its average volume of 233,177,234. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.55. The company has a market capitalization of $4.42 trillion, a P/E ratio of 51.81, a P/E/G ratio of 1.29 and a beta of 2.10. The stock’s fifty day simple moving average is $176.60 and its two-hundred day simple moving average is $146.20. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same period last year, the firm earned $0.68 earnings per share. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Bank of America raised their price target on shares of NVIDIA from $220.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Barclays reaffirmed an “overweight” rating and issued a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. Mizuho lifted their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Finally, KeyCorp reiterated an “overweight” rating and issued a $230.00 target price (up previously from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $210.21.

View Our Latest Stock Analysis on NVDA

Institutional Investors Weigh In On NVIDIA

A number of hedge funds have recently made changes to their positions in NVDA. Astoria Portfolio Advisors LLC. raised its holdings in NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after buying an additional 864 shares during the last quarter. Centerpoint Advisory Group raised its holdings in NVIDIA by 2.5% during the 1st quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker’s stock valued at $4,270,000 after buying an additional 943 shares during the last quarter. GSB Wealth Management LLC raised its holdings in NVIDIA by 3.3% during the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker’s stock valued at $3,534,000 after buying an additional 1,043 shares during the last quarter. Variant Private Wealth LLC raised its holdings in NVIDIA by 20.6% during the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker’s stock valued at $2,038,000 after buying an additional 3,206 shares during the last quarter. Finally, Financial Perspectives Inc increased its position in NVIDIA by 2.8% during the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker’s stock valued at $4,981,000 after purchasing an additional 1,265 shares during the period. 65.27% of the stock is currently owned by institutional investors.

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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Insider Buying and Selling by Quarter for NVIDIA (NASDAQ:NVDA)

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