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

NVIDIA Corporation (NASDAQ:NVDA) CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $169.71, for a total value of $12,728,250.00. Following the sale, the chief executive officer owned 72,398,366 shares of the company’s stock, valued at approximately $12,286,726,693.86. This represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• 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 value of $12,801,000.00.
• On Tuesday, September 2nd, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00.
• On Friday, August 29th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $174.46, for a total value of $13,084,500.00.
• On Friday, August 15th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $179.76, for a total value of $13,482,000.00.
• On Wednesday, August 13th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $181.38, for a total value of $13,603,500.00.
• On Monday, August 11th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The shares were sold at an average price of $182.74, for a total value of $13,705,500.00.
• On Friday, August 8th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $182.38, for a total value of $13,678,500.00.
• On Wednesday, August 6th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $178.42, for a total value of $13,381,500.00.
• On Monday, August 4th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $178.16, for a total value of $13,362,000.00.
• On Friday, August 1st, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $174.00, for a total value of $13,050,000.00.

NVIDIA Trading Up 1.5%

Shares of NVIDIA stock opened at $170.76 on Wednesday. The stock has a fifty day simple moving average of $173.29 and a 200 day simple moving average of $140.65. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.48. The company has a market capitalization of $4.15 trillion, a P/E ratio of 48.65, a price-to-earnings-growth ratio of 1.22 and a beta of 2.10. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the prior year, the company posted $0.68 earnings per share. NVIDIA’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Wall Street Analyst Weigh In

NVDA has been the subject of a number of recent analyst reports. DA Davidson upped their price objective on NVIDIA from $135.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. UBS Group upped their price objective on NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Truist Financial upped their price objective on NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. The Goldman Sachs Group restated a “buy” rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Wednesday, August 27th. Finally, Evercore ISI upped their price objective on NVIDIA from $190.00 to $214.00 and gave the company an “outperform” rating in a research note on Friday, August 22nd. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average target price of $207.42.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Harbor Asset Planning Inc. purchased a new position in shares of NVIDIA during the 2nd quarter valued at $28,000. Winnow Wealth LLC purchased a new position in shares of NVIDIA during the 2nd quarter valued at $32,000. Longfellow Investment Management Co. LLC lifted its position in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA during the 2nd quarter valued at $40,000. Finally, Kathleen S. Wright Associates Inc. lifted its holdings in NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after purchasing an additional 254 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

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.