Insider Selling: NVIDIA (NASDAQ:NVDA) Director Sells 400,000 Shares

NVIDIA Corporation (NASDAQ:NVDA) Director Mark Stevens sold 400,000 shares of the firm’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $228.78, for a total value of $91,512,000.00. Following the completion of the transaction, the director owned 2,958,770 shares of the company’s stock, valued at approximately $676,907,400.60. This represents a 11.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

NVIDIA Price Performance

Shares of NVIDIA stock traded down $4.63 on Tuesday, hitting $225.73. The company’s stock had a trading volume of 122,493,579 shares, compared to its average volume of 158,690,531. The company has a market capitalization of $5.44 trillion, a P/E ratio of 28.54, a price-to-earnings-growth ratio of 1.81 and a beta of 2.22. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The firm has a fifty day moving average price of $211.32 and a 200-day moving average price of $202.51. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm’s revenue for the quarter was up 105.9% on a year-over-year basis. During the same period last year, the firm posted $1.05 EPS. On average, equities research analysts expect that NVIDIA Corporation will post 9.1 earnings per share for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a stock buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

Institutional Investors Weigh In On NVIDIA

Hedge funds and other institutional investors have recently made changes to their positions in the business. Boyd Wealth Management LLC grew its holdings in shares of NVIDIA by 273.4% during the 2nd quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker’s stock worth $1,830,000 after purchasing an additional 6,696 shares during the period. Diversified Enterprises LLC grew its stake in NVIDIA by 44.2% during the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock worth $23,798,000 after buying an additional 39,129 shares during the period. Altshuler Shaham Ltd grew its stake in NVIDIA by 6,451.9% during the first quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker’s stock worth $111,134,000 after buying an additional 627,510 shares during the period. ASR Vermogensbeheer N.V. increased its position in shares of NVIDIA by 1.8% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock worth $591,086,000 after acquiring an additional 54,877 shares in the last quarter. Finally, Storen Legacy Partners LLC acquired a new stake in shares of NVIDIA in the fourth quarter worth $1,350,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang said NVIDIA’s older H100 chips remain “highly rentable” and revenue-generating assets, with rental prices reportedly increasing. The comments support the durability and resale economics of NVIDIA’s installed hardware base. Jensen Huang Calls Nvidia Chips a Revenue-Generating Asset
• Positive Sentiment: Analysts continue to highlight strong data-center demand, Blackwell and Vera Rubin product ramps, broadening customers, and management’s roughly 70% fiscal 2028 revenue-growth outlook. These factors reinforce expectations for sustained earnings momentum. Nvidia: Unusual Visibility, Unusual Value
• Positive Sentiment: NVIDIA’s planned approximately $12.9 billion acquisition of Hugging Face is being viewed by some analysts as a way to strengthen its software, open-source model, and developer ecosystem, potentially expanding the company beyond chips. NVIDIA’s Hugging Face Buyout

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Wall Street Zen upgraded NVIDIA from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 29th. President Capital upped their price objective on NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. BMO Capital Markets set a $340.00 price objective on NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 20th. JPMorgan Chase & Co. boosted their target price on shares of NVIDIA from $280.00 to $320.00 and gave the company an “overweight” rating in a research note on Thursday, August 27th. Finally, KGI Securities upped their target price on shares of NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. Two investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and a consensus price target of $324.83.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.