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

NVIDIA Corporation (NASDAQ:NVDA) CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Friday, October 17th. The stock was sold at an average price of $182.31, for a total value of $13,673,250.00. Following the completion of the sale, the chief executive officer owned 70,183,203 shares of the company’s stock, valued at approximately $12,795,099,738.93. This represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, October 20th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $183.38, for a total value of $13,753,500.00.
• On Wednesday, October 15th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $181.01, for a total value of $13,575,750.00.
• On Monday, October 13th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $188.25, for a total value of $14,118,750.00.
• On Friday, October 10th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $190.20, for a total value of $14,265,000.00.
• On Wednesday, October 8th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $188.39, for a total value of $14,129,250.00.
• On Monday, October 6th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $185.79, for a total value of $13,934,250.00.
• On Friday, October 3rd, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $188.40, for a total value of $14,130,000.00.
• On Wednesday, October 1st, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $186.61, for a total value of $13,995,750.00.
• On Monday, September 29th, Jen Hsun Huang sold 75,000 shares of NVIDIA stock. The stock was sold at an average price of $182.34, for a total value of $13,675,500.00.
• 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 value of $13,272,000.00.

NVIDIA Stock Performance

NVDA stock opened at $182.64 on Tuesday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The business’s fifty day simple moving average is $179.41 and its two-hundred day simple moving average is $154.25. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. The firm has a market cap of $4.44 trillion, a price-to-earnings ratio of 52.03, a PEG ratio of 1.32 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business’s revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Analysts predict 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 was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on NVDA. Loop Capital raised their price target on NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, June 25th. Craig Hallum raised their price target on NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Hsbc Global Res upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. JPMorgan Chase & Co. restated a “buy” rating and set a $215.00 price target on shares of NVIDIA in a research note on Friday, September 19th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday, October 8th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, NVIDIA presently has an average rating of “Buy” and an average price target of $222.23.

Hedge Funds Weigh In On NVIDIA

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Harbor Asset Planning Inc. acquired a new stake in NVIDIA in the second quarter worth about $28,000. Winnow Wealth LLC acquired a new stake in NVIDIA in the second quarter worth about $32,000. Longfellow Investment Management Co. LLC boosted its holdings in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new stake in NVIDIA in the second quarter worth about $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new stake in NVIDIA in the second quarter worth about $54,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

About NVIDIA

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.