Timothy Teter Sells 30,000 Shares of NVIDIA (NASDAQ:NVDA) Stock

NVIDIA Corporation (NASDAQ:NVDA) EVP Timothy Teter sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the sale, the executive vice president owned 2,687,660 shares in the company, valued at $585,587,360.80. The trade was a 1.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NVIDIA Price Performance

Shares of NVDA traded up $6.97 during midday trading on Wednesday, reaching $224.41. The stock had a trading volume of 156,553,789 shares, compared to its average volume of 159,202,641. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $5.41 trillion, a price-to-earnings ratio of 28.37, a price-to-earnings-growth ratio of 1.73 and a beta of 2.22. The company’s 50-day moving average is $208.68 and its 200 day moving average is $201.27. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54.

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

NVIDIA Dividend Announcement

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

NVIDIA declared that its board has approved a stock repurchase program on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Institutional Trading of NVIDIA

A number of institutional investors have recently modified their holdings of the company. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA during the fourth quarter valued at approximately $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA during the first quarter valued at $27,000. Montgomery Financial Services LLC purchased a new position in NVIDIA during the second quarter valued at $28,000. Longfellow Investment Management Co. LLC boosted its stake in NVIDIA by 47.9% during 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. Finally, Langley Wealth Management LLC purchased a new stake in NVIDIA in the second quarter worth about $34,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Melius Research set a $420.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $350.00 target price on shares of NVIDIA in a research report on Monday, August 24th. CICC Research boosted their price target on shares of NVIDIA from $240.60 to $268.30 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. HSBC upped their price target on shares of NVIDIA from $360.00 to $365.00 in a research report on Thursday, August 27th. Finally, UBS Group set a $300.00 price objective on NVIDIA and gave the stock a “buy” rating in a report on Thursday, August 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and an average price target of $324.23.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reported Hugging Face acquisition talks: NVIDIA is reportedly in advanced discussions to acquire AI platform Hugging Face for approximately $12.9 billion to $14 billion. The deal could strengthen NVIDIA’s software, open-model and developer ecosystem, although it remains unconfirmed. Why Nvidia’s $14 Billion Hugging Face Deal Would Make Total Sense
• Positive Sentiment: AI spending remains strong: Dell’s guidance beat provided fresh evidence that data-center customers continue to invest heavily in AI infrastructure, supporting demand for NVIDIA’s accelerators and networking products. Why is Nvidia stock up over 4% today?
• Positive Sentiment: Inference and networking expansion: NVIDIA and Equinix expanded their partnership through the Equinix Inference Exchange, targeting distributed enterprise AI inference. NVIDIA also participated in iPronics’ $125 million funding round for programmable optical networking designed to connect large AI clusters. NVIDIA and Equinix Deepen Their AI Inference Partnership
• Positive Sentiment: Strategic positioning is drawing bullish analyst commentary: Analysts cited NVIDIA’s double-beat quarter, more than doubling revenue, strong forward guidance and expected Vera Rubin demand. JPMorgan reaffirmed its Buy rating and $320 price target. NVIDIA Buy Rating Reaffirmed
• Neutral Sentiment: MediaTek investment broadens NVIDIA’s moat: NVIDIA’s $3.5 billion investment in MediaTek is intended to integrate NVLink Fusion with custom AI chips, PCs and automotive platforms. The move may defend NVIDIA against bespoke silicon, but its decade-long roadmap highlights intensifying competition. Qualcomm rival MediaTek jumps after Nvidia AI chip deal
• Negative Sentiment: Risks are building around valuation and deal structure: A proposed $35 billion Anthropic computing commitment involving NVIDIA-backed Lambda has renewed concerns about circular financing within the AI ecosystem. Potential U.S. semiconductor tariffs and competition from AMD and custom AI chips could also pressure margins and multiples. Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.